Main Responsibilities of the Job
a) Design, evaluate, and improve internal control systems to ensure compliance with accounting standards and operational policies.
b) Identify, assess, and mitigate risks related to financial operations and business processes. Ensure the effectiveness of internal controls in mitigating risk.
c) Collaborate with internal and external auditors to ensure proper auditing procedures are followed. Provide necessary documentation and assist in audit-related activities.
d) Develop and implement internal control policies and procedures, audit plan and programs to ensure efficient, accurate, and compliant financial reporting.
e) Routine internal control reviews and reporting of headquarters, branches and dealers based on the PACI controls (internal control tool).
f) Track the progress of remediation of control weaknesses identified by CFAO Internal Audit on PACI (internal control tool), self-testing, or controls assessment.
g) Prepare internal control reports for senior management, detailing the results of audits, control testing, and risk assessments/impacts and provide recommendations for process improvements.
h) Train and support other departments, branches and divisions in understanding and implementing internal control policies, risk registers and procedures.
i) Monitor changes in laws, regulations, and industry trends to ensure internal controls are up to date including improvements to enhance the effectiveness of internal control systems.
j) Work closely with finance, operational controllers, and IT departments to integrate internal controls within day-to-day operations for CFAO Mobility Kenya
k) Support in development and implementation of Compliance awareness program for the group
l) Participate in stock counts (including parts, vehicles, and consumables) and review the reports from these exercises to identify and mitigate potential risk exposures.
Knowledge, Skills & Experience
Minimum level of academic and professional qualification required to perform effectively in the role
i) Bachelor’s degree in accounting, Finance or related field
ii) At least 5 years on internal controls, auditing or risk management experience in a supervisory role
iii) CISA Certifications, ACCA or CPA preferred or relevant professional course
iv) Internal Auditing knowledge
v) Knowledge of data analytics and data-driven decision-making
vi) Risk Management
The job will close on 2nd May 2025.