Job Description
ASSISTANT MANAGER (GRADE 5) - JOB REF: ICPAK/02/2023
JOB SUMMARY:
Reporting to the Director Internal Audit and Risk, the Assistant Manager is responsible for
planning, executing and reporting on operational, financial, governance and compliance related
audit / reviews of the Institute. A secondary role is to provide advice on internal control to the
management of the Institute, including responding to questions on risk management techniques.
KEY RESPONSIBILITIES:
1. Internal Audit
1. Plans financial, regulatory, compliance or operational reviews/audits
2. Conducts audit entry meeting with heads of specific units / departments being audited;
3. Document audit work and findings in accordance with accepted auditing standards;
4. Obtains and reviews evidence ensuring audit conclusion are well documented;
5. Identifies weaknesses in internal control / business processes in the institute;
6. During audit process engage with auditees seeking clarifications on various exceptions
noted before extended to audit report;
7. Communicate control issues raised during the audit process, offering recommended
solutions relevant to business and risk;
8. Conduct follow up on audit recommendations to assure implementation of agreed
corrective actions;
9. Conducts exit audit conferences with senior management
10. Performs special audits as may be requested by the Chief Executive through the
Manager, Internal Audit, Risk and Compliance;
11. Performs any other related duties as may be assigned
2. Risk Management
1. Designing, implementing and reviewing processes for sound risk management;
2. Facilitating periodic /monthly meetings with the Institute’s risk champions;
3. Ensuring departmental reports on risk management including risk registers are reviewed;
4. Compiling risk management reports from business units and forwarding to Risk
Management Committee (RMC) for deliberations;
5. Giving assurance on the risk management process through audit reports;
6. Facilitating risk champions in risk identification, assessment and evaluation;
7. Performs any other related duties as may be assigned;
3. Check the Institute’s compliance with various legislations, agreements , MoU’s etc
1. Conducts compliance checks to provide assurance on the Institute’s compliance with various
legislations, treaties, MoUs etc
2. Highlight in periodic (Quarterly) reports areas of non-compliance and discuss the same with
responsible managers;
4. Reporting & operations of the ARC Committee of the Council
1. Prepare ARC Committee Agenda in consultation with the Convener.
2. Circulate the Agenda within the stipulated timeline.
3. Provide Secretarial Services to the ARC.
4. Follow up on the implementation of the ARC Committee resolutions.
Person Profile:
Academic and Professional Qualifications
• Degree in Accounting, Finance, Economics or relevant field
• Master’s degree in Accounting, Finance, Economics or relevant field will be an added advantage
• Professional qualifications: CPA/CIA or ACCA qualifications and a member of ICPAK in good
standing.
• 6 years working experience and 5 years in Internal Audit field in the Internal Audit function
(relevant experience)