The Internal Auditor (IA) reports to the Internal Audit Manager and provides supervision to the Audit Assistant. The role is responsible for planning and carrying out independent, risk-based and objective assurance and advisory reviews of VisionFund Kenya's (VFK) governance, risk-management and control processes aimed at strengthening VFK's ability to create, protect, and sustain value.
Key Responsibilities
Audit Planning (5%)
Assist in developing the Annual Risk based Internal Audit Plan, detailing key audit activities and timelines for the year.
Ensure audit activities are aligned with the VFK's and VisionFund International priorities.
Audit Execution (65%)
Execute audit assignments in accordance with the approved Audit Plan, ensuring compliance with internal policies and regulatory requirements.
Assess the adequacy and effectiveness of governance, risk management, and internal control processes, and provide actionable recommendations for improvement.
Perform comprehensive data analytics during audit engagements to support evidence-based conclusions and decision-making.
Review and validate audit working papers and reports for accuracy, completeness, and adherence to standards.
Lead and conduct investigations into suspected fraud or irregularities, ensuring timely reporting and resolution.
Verify that company assets are utilized efficiently and safeguarded against loss, misuse, or misappropriation.
Reporting (25%)
Prepare clear, detailed, and objective audit reports for all audited areas, highlighting key findings, associated risks, and actionable recommendations.
Contribute to the preparation of quarterly audit reports to the Regional Office and Board Audit Committee.
Lead discussions of audit results with respective auditees and ensure timely submission of final reports.
Supervision and Staff Development (10%)
Provide oversight and review of the Audit Assistant's work to ensure quality and compliance with audit standards.
Support performance appraisals and identify opportunities for professional growth, training, and capacity building within the audit team.
Assist the Internal Audit Manager in supervising departmental activities and handling administrative responsibilities as required.
Other Duties
Perform any other duties as may be assigned by the Internal Audit Manager from time to time in support of departmental and organizational objectives.
Ideal Candidate Profile
Educational Requirements:
Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
Professional qualifications such as CPA (K), ACCA, or CIA are mandatory.
A Master's Degree or certification in Risk Management, Internal Audit, or Compliance is an added advantage.
Minimum of 5 years of relevant audit experience, including 3 years in internal audit preferably within the financial or microfinance sector.
Strong IT skills is an added advantage.
Key Competencies:
Strong understanding of internal auditing standards, risk-based auditing, and internal control frameworks.
Proven ability to conduct independent audits, evaluate control environments, and provide actionable recommendations.
Excellent analytical, investigative, and problem-solving skills.
High level of integrity, objectivity, and professional ethics.
Strong written and verbal communication and report writing skills.
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and audit/accounting software.
Ability to manage multiple assignments, meet deadlines, and work effectively in a team environment.
Demonstrated ability to supervise, mentor, and build team capacity.
Determined personality with initiative, perseverance, and the ability to motivate and manage a team
Capability and willingness to take responsibility and highly developed sense of rectitude
Ready to comply and live up to and in accordance with the organization's Ideals and Core Values