Principal Internal Auditor at Universities Fund (UF)

Universities Fund

Kenya
Permanent
Full-time

30 days ago

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Company:
Location: Kenya
State:
Job type: Full-Time
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- -Resubmit your Resume Today.We have started building our professional LinkedIn page.Job DescriptionThe Universities Fund was established under section 53 of the Universities Act, 2012 for financing Universities in Kenya. The Fund is managed by a Board of Trustees known as the Universities Funding Board (UFB) which has been in operation since 2016. The function of the Trustees is to generally manage the Universities FundJob PurposeThe job holder is responsible for coordination and conduct of various types of audit and reviews in accordance with International Standards for professional practice of Internal Auditing to promote efficiency and effective of operations, reliability and integrity of financial and operational information, safeguarding assets and to ensure adherence to applicable laws and regulations, policies and procedures, standards and contractsPerson SpecificationFor appointment to this a grade, a candidate must have;

Must have served as Senior Internal Auditor for a minimum period of three (3) years: or its equivalent
Have Bachelor's degree in any of the following disciplines: Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution.;
Have proficient in computer application skills:
Demonstrated competence in work performance and results; and
Have a Supervisory Course lasting not less than two (2) weeks from a recognized institution.

Key Competencies and skills

Organizational skills
Communication skills
Problem solving skills
Emotional Intelligence skills
Analytical skills
Decision Making skills
Supervisory skills
Analytical skills
Negotiation skills
Interpersonal skills
Visionary and innovative thinking

Responsibilities:Job Specification

Assessing and improving security controls within the Fund to ensure that the assets of the Fund are safeguarded
Reviewing the fixed assets for completeness and accuracy and obtains explanations for
Variances noted between the book values and physical values of fixed assets, where noted
Reviewing periodic management accounts and reconciliations such as bank reconciliations, supplier statement reconciliations, debtor statement reconciliations for accuracy and completeness.
Designing, implementing and maintaining internal controls within the Fund to ensure the financial statements are free from material misstatements and also prevent errors and fraud.
Carrying out financial, operation and systems audits; assesses internal control systems.
Propose value-adding recommendations for improvement.
Carrying out relevant risk analysis and identifies high risk/auditable areas.
Assessing internal controls for sound financial and accounting practices.
Developing and implementing relevant audit programmes and tests
Establishing procedures covering the scope of audit
Carrying out special audit investigations on areas identified by management or the board.
Maintaining and documenting of standards, policies and practices

Don't Keep Share!:Method of ApplicationClosing Date : 9 April. 2024

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