Head of Internal Audit at Mwananchi Credit Ltd

Nairobi
Full time
Any Experience
3 views

Job Description

OverviewAs a Head of Internal Audit, you will play a vital role in ensuring timely disbursements, managing compliance- related complaints, verifying documents, developing new compliance policies, and reducing portfolio at risk (PAR)Key ResponsibilitiesAnnual Audit Plan Development and Execution
  • Assist in developing and executing the annual audit
  • Identify risk areas and prioritize audits based on potential
Audit Planning and Management
  • Plan, manage, and determine audit objectives and
  • Develop audit programs and ensure compliance with policies and
  • Conduct audits efficiently and
Operational Examinations and Compliance
  • Perform operational examinations for compliance with policies and
  • Evaluate efficiency and adherence to accounting
  • Consult departments on compliance and operational
Supervision and Development of Audit Staff
  • Supervise internal audit staff and facilitate professional
  • Provide guidance and support to audit team
Audit Documentation and Reporting
  • Document audit findings and prepare comprehensive reports with
  • Communicate audit results to
Risk Identification and Mitigation
  • Identify and mitigate risks, ensuring accurate financial
  • Improve operational efficiency and add business
Review and Follow-Up Audits
  • Conduct follow-up audits on specific accounts and ensure proper
  • Evaluate implementation of audit
Liaison with External Auditors
  • Serve as a liaison with external
  • Ensure proper completion of audit\
Objectives and Key Results (OKRs)Enhance Audit Planning and Execution
  • Develop and complete the annual audit plan with the 1st
  • Identify and assess risks for at least 90% of audits
  • Ensure all audits are planned, executed, and documented within the defined scope and
Improve Compliance and Operational Efficiency
  • Achieve a 100% compliance rate with internal policies and procedures during
  • Implement at least 80% of audit recommendations within six
  • Review and Audit Invoices for approval and payment
Develop and Support Audit Staff
  • Conduct quarterly training sessions for internal audit
  • Complete performance evaluations for all audit staff bi-
  • Maintain a staff satisfaction rate of 85% or higher through regular feedback and development
Strengthen Branch and Departmental Support
  • Improve the TAT for handling statement within three (3) days
  • Ensure 100% accuracy in portfolio reporting through routine operations audits and follow-
  • Conduct monthly reviews on liquidated/restructured accounts to ensure proper closure and
Foster Effective Collaboration with External Auditors
  • Facilitate smooth and timely communication with external auditors for all
  • Ensure 100% completion of external audit requirements within the stipulated
  • Implement at least 90% of the external auditors’ recommendations within one
Method of ApplicationSubmit your updated CV and cover letter to careers@mwananchicredit.com. Shortlisted candidates will be contacted directly.Build your CV for free.

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