Job Description
Consolidated Bank is Kenya’s SME bank of choice that provides flexible financial solutions that
support our customers in achieving success. The Bank is well positioned, with presence in
majority of the country’s business hubs to continually offer pleasant and convenient services. We
seek to recruit a qualified, experienced, competent and highly motivated individual to fill the
position of Internal Audit Officer.
INTERNAL AUDIT OFFICER
Job Type
Three (3) year Contract
Job Purpose
Reporting to the Head of Internal Audit, the Internal Audit Officer will be responsible for
providing independent and objective assurance and consulting services designed to add
value and improve the Bank’s operations and performance
Key responsibilities and accountabilities
Conduct assurance reviews of the assigned banking operations and functional
activities.
Evaluate the adequacy and effectiveness of the management controls over those
operations.
Evaluate organizational units to ensure that they are performing their planning,
accounting, custodial, risk management and control activities in compliance with
applicable policies and procedures in a manner that is consistent with the bank’s
mission and regulatory frameworks.
Assist/participate in the preparation of annual audit plan.
Plan and execute assigned engagements in accordance with accepted auditing
standards.
Report engagement observation and make practical recommendations for
corrective action to address unsatisfactory conditions, improving operations and
reducing costs.
Perform special assignments as requested by management from time to time.
Qualifications and Competencies
Holder of bachelor’s degree in Accounting, Finance or Economics from a recognized
university.
Must possess professional qualifications as a Certified Public Accountant (CPA)
Kenya.
Possession of professional qualifications such as Certified Internal Auditor (CIA) or
Certified Information Systems Auditor (CISA) will be an added advantage.
Should be a member of the Institute of Certified Public Accountants (ICPAK), Institute
of Internal Auditors, (IIA) or any other relevant professional body
Should have a minimum of 5 (five) years’ relevant working experience in internal auditing
in a financial institution or professional firm.
Should have working knowledge of Computer assisted audit techniques (CAATs) and
ACL audit software will be added advantage.
Should have in depth knowledge of IFRSs, IIA Standards and banking industry regulatory
framework.
Should have exceptional communication and interpersonal skills, with the ability to build
relationships and influence stakeholders at all levels of the organization.