HFH Kenya is a leading housing organization founded in 1982 whose mandate is to enable low income communities to access decent and affordable shelter.
Through provision of affordable financial and technical services, HFHK brings people together to build homes, communities and hope.
HFH Kenya is recruiting appropriate candidates following its just completed strategic plan.
This vacancy announcement is for the position of Internal Auditor to strengthen our work in Kenya, and be part of the team that takes HFH work on housing to the next level.
Reports To: The Board Audit and Finance Committee Chair with dotted reporting line to the Country Director
Location: Nairobi
Direct Supervisees: None
Relationships: All departments to ensure seamless flow of HFH programme and operations processes.
Job Purpose: The Internal Auditor plays a central role performing internal audits with a view to identify underlying business risks, examining and evaluating the adequacy, effectiveness and efficiency of the HFH Kenya’s internal control systems and procedures and recommends corrective actions to improve operations, enhance internal controls and reduce costs where possible.
Key Responsibilities
Internal Audit
To plan and conduct/execute/carry out the internal audits of all business functions to identify risks and recommend corrective actions to improve the business control environment.
Develop risk–based annual audit plans detailing the scope, nature and timing of audit activities.
Design internal audit procedures and work programs.
Advise management on the resourcing requirements for the Internal Audit function, including any potential outsourcing arrangements.
Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
Identify key areas of risk within the organisation and propose appropriate controls to mitigate the risks.
Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
Generate quality audit reports on findings for reporting to senior management highlighting exceptions noted and recommending improvements.
Prepare audit reports in line with the approved audit plan.
Monitor the timely implementation of the management actions recommended in the audit reports.
Provide senior management and the Finance and Committee with an opinion on the adequacy, effectiveness and efficiency of the internal controls in the organisation.Continuous improvement
Assist the development of an internal control culture, including training to staff.
Monitor the trends and developments in the internal audit area.
Participate in the Finance and Audit Committee meetings.
Liaise with the external auditor on internal control issues.
To review policies and procedures to ensure they are adequate and minimize risks by building internal controls within the internal procedures and policies.
Maintenance and archiving audit reports and audit working papers for internal and external audit assignments.
Conduct investigations to identify any lapses or fraudulent transactions as when required with a view to recommending further controls to avoid future losses.
Peer review of the audit reports to ensure these capture all the relevant value adding issues and are understood by the teams.
Updating the audit programs to ensure all processes and operations of the business units are audited comprehensively.Reporting
Generate quality audit reports on findings for reporting to management to highlighting exceptions noted and recommending improvements.
Report on internal control issues and the implementation of the internal audit plan to senior management and the Finance and Audit Committee.
Ensure compliance with all donor or funding reporting requirements.
Discharge other functions as may be delegated.Key Performance Measures / Indicators
Monthly / quarterly audit reports
Monthly/quarterly updates
Successful implementation of audit recommendations.
Timely planning and execution of internal / external audit activities.
Quarterly review of the audit planQualifications
A Business related degree in Finance, Accounting or Business Administration.
Internationally recognised accounting or auditing certification, such as CPA part 2 or above, CIA, CISA etc. (desirable)
IT MS Office (Word, PowerPoint, advanced Excel)Knowledge, Skills & Abilities Required
Excellent written and verbal communication
Analytical, evaluation and report writing skills
Expertise in the functioning of an international financial services institution.
Expertise in internal audit, risk and control functions
Excellent communications and presentation skills
Ability to place details in a wider context
Ability to explain findings and to convince the organisation to implement audit recommendations
Ability to working independently
Ability to think broadly and criticallyExperience
At least 5 years relevant work experience in an Internal Audit or internal control function in an international financial institution or financial services sector or professional accounting firm.
Exposure to lending operations and funding operations related activities,
Experience in Financial administration and expenses management
Experience in Internal audit, internal controls, compliance and risk management, Audit techniques (work programs, tests, sampling. documentation, reports)Other Information
Capable of a rigorous analytical approach and result oriented
Perseverance in the analysis of issues
Confidentiality
Honesty
High levels of integrity
Adaptability to working different locations/ environmentHow to Apply
If you feel you meet the requirements of the position, send your application letter indicating the reference number and quoting your current and expected salary, title of position along with an updated CV and telephone contacts of three professional references to hfhkenya@hfhkenya.or.ke to be received by 13 April, 2016.
Only shortlisted candidates will be contacted.
HFH Kenya is an equal opportunity employer
