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Director, Internal Audit and Risk Assurance Job Opening at Energy and Petroleum Regulatory Authority

  • Experience Required:12 Years
  • Total Positions:1
  • Job Type: Full Time
  • Job Category: Management
  • Minimum Education: Masters
  • Job Location: Nairobi, Kenya
  • Posted on: June 30, 2022
  • Last Date: July 31, 2022

Job Description

DIRECTOR, INTERNAL AUDIT AND RISK ASSURANCE (1 POSITION)- EPRA
JOB GRADE 2 (5 YEARS CONTRACT)REF: VA/3/6/2022
Duties and Responsibilities

1. Providing secretarial services to the Audit Committee;
2. Ensure development and review of the Internal Audit policy documents to conform
with the prevailing professional standards and regulations;
3. Evaluating the risk management processes and giving reasonable assurance to the
management and the Authority that all key business risks are being mitigated to the
acceptable levels;
4. Providing independent and objective assurance to the Authority on risks and risks
mitigations;
5. Articulating the Internal Audit issues to Management and Audit Committee;
6. Ensuring that audit activities are carried out as per the professional guidelines and
audit policies;
7. Advising on new initiatives aimed at improving internal audit operational
efficiencies;
8. Ensuring development of a risk based annual audit work plans to cover all activities
of EPRA;
9. Reviewing all the audit programmes to ensure that they test the relevant internal
controls in compliance with the international auditing standards;
10. Reporting to the Audit Committee at the required intervals on the progress of the
annual audit work plan, planned reviews, investigations, risk advisory work or any
other ad hoc activity;
11. Advising management and ensure their involvement in implementing audit
recommendations;
12. Evaluating and reporting to the management and the audit committee on the quality
and adequacy of the internal control system of EPRA;
13. Examining and evaluating the adequacy, effectiveness and reliability of EPRA
systems;
14. Overseeing and providing quality control of the audit activities to ensure that the
audit objectives are met and that the audit professional standards are maintained at
all times;
15. Coordinating and conducting audits (where necessary) and hold all entry and exit
audit meetings/sessions of each audit assignment with the auditees;
16. Coordinating audit efforts with the external auditors to avoid duplication;
17. Preparing significant audit findings, recommendations and management comments
and present to the management and audit committee on a quarterly basis;
18. Designing a follow up mechanism on all audits done to ensure that the agreed audit
recommendations are implemented within the given timeframe;
19. Managing the audit team performance through performance planning, coaching,
mentoring and appraisals;
20. Managing the training of the audit team to ensure they develop the skills and
competencies required for professional career progression;
21. Nurturing the team spirit among the auditors and implement succession planning in
the department;
22. Ensuring development and implementation of audit programmes, work plans and
budget for the department; and
23. Efficiently managing the resources allocated to the department.

Qualifications
1. At least twelve (12) years relevant work experience, six (6) years should be in
management;
2. A Bachelor’s Degree in Commerce, Business Administration, Business Management
(Accounting Option), or equivalent qualification from a recognized Institution;
3. A Master’s degree in Business Administration (Finance or Accounting option) or
equivalent qualification from a recognized institution;
4. Membership of the Institute of Internal Auditors (IIA) or Certified Public
Accountants of Kenya (ICPAK); in good standing;
5. A leadership certificate in a management course lasting not less than six (6) weeks
(cumulative);
6. Proficient in computer application;
7. Demonstrated results in work performance; and
8. Fulfilled the requirements of Chapter Six of the Constitution

Skills Required

Leadership Skills
Computer Proficiency Skills

Application Details


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