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Head of Audit & Quality Assurance Job at Agricultural Finance Corporation

  • Experience Required:6 Years
  • Total Positions:1
  • Job Type: Full Time
  • Job Category: Auditing
  • Minimum Education: Masters
  • Job Location: Nairobi, Kenya
  • Posted on: February 28, 2024
  • Last Date: March 6, 2024

Job Description

Job Title: Head of Audit & Quality Assurance
Job Summary: The Head of Audit & Quality Assurance supports the leadership of the
internal audit function of Agricultural Finance Corporation. This role involves assisting in
the development and execution of audit strategies, ensuring compliance with regulatory
standards, and contributing to the continuous improvement of operational processes.

Key Responsibilities:
1. Audit Strategy and Planning:
 Collaborate in the development and execution of a risk-based audit strategy
aligned with institutional goals and regulatory requirements.
 Contribute to the planning and coordination of audit activities to ensure
comprehensive coverage of relevant areas.
2. Quality Assurance Oversight:
 Maintain a robust quality assurance program for internal audit activities.
 Participate in periodic reviews of audit processes, methodologies, and reports to
ensure adherence to professional standards.
3. Team Leadership Support:
 Provide support to the Chief Audit & Quality Assurance Officer in leading and
managing the internal audit team.
 Foster a culture of excellence, continuous learning, and professional development
within the audit team.
4. Regulatory Compliance:
 Stay informed on relevant laws, regulations, and industry standards.
 Support efforts to ensure that audit activities and reports comply with all
regulatory requirements.
5. Risk Management:
 Identify and assess risks associated with institutional operations.
 Contribute to the development of risk-based audit plans and methodologies to
address key areas of concern.
6. Audit Execution:
 Collaborate in overseeing the execution of internal audits, ensuring thorough and
objective evaluations.
 Contribute to the review and assessment of the effectiveness of internal controls,
risk management processes, and governance structures.
7. Stakeholder Communication:
 Communicate audit findings, recommendations, and risk assessments to senior
management and relevant stakeholders.
 Provide insights and recommendations to enhance operational efficiency and
compliance.
8. Continuous Improvement:
 Contribute to initiatives for continuous improvement in internal audit processes.
 Implement best practices and leveraging technology to enhance the efficiency
and effectiveness of audit activities.
9. Collaboration:
 Collaborate with external auditors and regulatory bodies as necessary.
 Work closely with other departments to ensure a coordinated and integrated
approach to risk management and internal controls.

Qualifications and Skills:
 Bachelor’s degree in Accounting, Finance, or related field;
 Master’s Degree
 Professional certification CPAK and a member to professional body in good standing.
 CIA (Certified Internal Auditor) or equivalent is preferred.
 6 years’ experience in internal audit, risk management, or a related field within the
financial industry.
 In-depth knowledge of internal audit methodologies, regulatory requirements, and
industry best practices.
 Leadership skills with the ability to support and collaborate effectively with a team of
audit professionals.
 Senior Management Course
 Excellent communication and presentation skills.
 Analytical mindset and a strong understanding of risk management principles.
 Ability to maintain independence and objectivity while contributing to a positive
working environment.
 Familiarity with audit management software and tools.

Skills Required

Leadership Skills
Collaboration Skills
Communication Skills

Application Details


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