INTERNAL AUDITOR

  • Nairobi

Housing Finance Company of Kenya

Job Description

Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.

Housing Finance started operations with the main objective of implementing the government’s policy of promoting thrift and home ownership by lending funds advanced from First Permanent East Africa Limited (FPEA). Operations were restricted to the zoned residential areas within Nairobi and Mombasa.

Deposits of FPEA in Kenya were transferred to HFCK while the Tanzanian and Ugandan deposits were transferred to The Permanent Housing Finance Company of Tanzania and the Housing Finance Company of  Uganda respectively.

Reporting To: General Manager – Internal Auditor

Overall Job Purpose

The Internal Auditor will be responsible for performing internal audits with a view to identify underling business risks, recommend corrective actions and to advice the stakeholders on the adequacy and reliability of the controls with the aim of enhancing service delivery and shareholders’ value.

Principle Accountabilities

  • To plan and conduct/ execute / carry out the internal audits of all the business functions of the company with a view to identifying risks and recommend corrective actions to improve the business control environment.
  • Generate quality audit reports on findings for reporting to management and to highlight exceptions noted and recommending improvements.
  • Following up on corrective measures to ensure the corrective actions are undertaken as agreed for both internal and external reports by the regulators i.e. KPMG and CBK.
  • To review policies and procedures to ensure they are adequate and minimize risks by building in internal controls within the internal procedures and policies.
  • Maintenance and archiving of audit reports and audit working papers for internal and external audit assignments.
  • To review and advise on any new product features, policies, procedures and services to ensure adequacy and suitability.
  • Conduct investigations to identify any lapses or fraudulent transactions as when required with a view to recommending further controls to avoid future losses.
  • Peer review of the audit reports to ensure this captures all the relevant value adding issues and are understood by the teams

Requirements

Minimum Qualifications, Knowledge and Experience

  • A business related degree from a reputable institution.
  • Must have qualifications in CPA (K), CISA, ACCA.
  • CIA is an added advantage.
  • A minimum of 3 years working experience in an audit function in a financial institution or an external audit firm.

Key Competencies and Skills

  • Must have Information Technology and accounting skills.
  • Practical experience in use of CAAT tools skills e.g. ACL
  • Proficient in use of  MS Office tools.
  • Working knowledge of electronic working papers tools e.g. Team Mate.
  • Report writing and analytical skills.
  • Good understanding of the Bank’s processes and procedures.
  • Ability to think broadly and critically.
  • Ability to work independently under strict deadlines.
  • Must have good interpersonal and communication skills.
  • Demonstrated good planning and organisation skills.
  • Must be a team player and have integrity
  • Must be adaptable to working in different locations/ environments.


Closing Date : 10 January. 2022



To apply for this job please visit www.hfgroup.co.ke.