Head of Audit, Risk And Compliance at Metropol Corporation Limited

About the job

The person shall ensure effectiveness and adequacy of the company’s internal control systems, risk management, governance through policies, processes, procedures, guidelines and the company’s statutory requirements and regulations and advise/provide assurance to Management and the Board on the same.

He/She will also interact with external auditors on matters related to audits of the company’s internal controls, and assess potential risk activity that may hinder the reputation, safety, security and financial prosperity of the company.

Reports to: Group Managing Director and Board Audit, Risk and Compliance Committee

Responsibilities

• Design and oversee the Company-wide risk management strategy, aligning all risk management and associated internal control activities to support achievement of business objectives.
• Prepare budget to cater for audits, costs to be incurred to mitigate risks, insurances, etc
• Facilitate the integration of risk management policy and strategy into all department’s strategies and activities by ensuring that risk identification and assessment activities are performed across the Company on a regular basis, Standard Operating Procedures (SOPs) are reviewed and challenged where necessary and appropriate escalation procedures are in place.
• Identification of risks (Business Roots, Subsidiaries, Corporate and Environment) and measuring impact on business.
• Review the adequacy of internal controls established and propose of changes to ensure compliance with policies, plans, procedures, business objectives and regulatory requirements.
• Prepare and implement Internal Audit Plans and programmes
• Champion Information Systems Audit as well as communication, operating procedures, back up and disaster recovery
• Safeguarding of company assets and ensuring that the liabilities and expenditure are controlled and all critical assets are insured.
• Contribute to the development of projects, selected according to the risk involved and benefits, by confirming that the company’s methodology is followed and that, in particular, adequate controls are incorporated.
• Review and provide recommendations/amendments on investment prospects and other proposals presented.
• Ensure appropriate information on risk and internal controls is provided to the stakeholders of the Company in a timely manner to minimize/eliminate the adverse effects.
• Follow up internal and external audit recommendations to make sure that effective remedial action is taken.
• Continuous monitoring of compliance with internal policies, procedures and guidelines by thorough regular and comprehensive Risk and Control Assessment and testing.
• Prepare periodic audit, risk and compliance reports for the Board and Management
• Advising the Board on audit, risk and control issues
• Carry out ad hoc investigations and reviews on systems and financial transactions based on audit findings or as requested by the Board and Management.
• Carry out customer audits.
• Review the application and effectiveness of risk management procedures and risk assessment methodologies.
• Check the accuracy and reliability of the information reported to the Management and the Board.
• Review and oversee implementation of sound financial internal controls systems.
• Support the Finance Department in preparation of monthly and annual audits and finance reports.
• Keep track of new trends in the industry and advise management accordingly.
• Champion corporate governance processes.

Any other role as may be assigned by the supervisor.

Qualifications & Competencies

• Bachelor’s Degree in Commerce or Business related field from a recognized university
• CPA (K) or ACCA finalist
• CISA and CISM certified
• A member of the Institute of Certified Public Accountants of Kenya (ICPAK) and/or, Information System Audit and Control Association (ISACA)
• At least five (5) years’ experience in Internal Audit, Risk & Compliance; three (3) years of which must have been in a Management position, in a reputable organization.
• Have previous experience in conducting system audits in a highly digitized environment
• Experience in the financial services sector will be an added advantage
• Excellent report writing and presentation skills
• In-depth experience in data mining and analysis
• Excellent at Delivering and owning results
• Good communication skills
• Superior ICT skills
• Strong interpersonal, negotiating and problem solving skills, and customer service orientation
• Leadership and people development skills

Interested Candidates should submit their applications (CV and cover letter) to hr@metropol.co.ke by 26th July 2024.

Only shortlisted candidates will be contacted, incomplete applications will not be considered.