Internal Audit Assistant at Kenya Methodist University (KeMU)

INTERNAL AUDIT ASSISTANT: KeMU/ADM/IAR/2/2/2025; 

Answering to the Manager, Internal Audit and Risk Management, the Internal Audit Assistant will ensure the University resources are safeguarded and economically utilized by planning and completing financial audits, identifying inadequate, inefficient, or ineffective internal controls and recommending improvements.

Duties and Responsibilities
The Internal Audit Assistant will:

• Assist in planning financial audits by understanding University objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives; preparing audit programs.
• Assess compliance with relevant regulations and legal requirements by studying existing and new legislation; enforcing adherence to requirements and advising management on needed actions.
• Assess risks and internal controls by identifying areas of non-compliance, evaluating manual and automated (ERP) financial processes, identifying process weaknesses and inefficiencies as well as operational issues.
• Verify assets and liabilities by comparing and analyzing items and collateral to documentation.
• Complete audit paper work by documenting audit tests and findings.
• Communicate audit progress and findings by providing information to management highlighting unresolved issues, reviewing working papers and preparing final audit reports.
• Improve governance by recommending changes in management monitoring, assessment, and motivational practices, in the internal control structure, and in operating processes as well as identifying root causes.
• Support external auditors by coordinating information requirements.
• Provide financial control information by collecting, analyzing, and summarizing data and trends.
• Contribute to team results by welcoming new and different work requirements and exploring new opportunities to add value to the University.

Required qualifications and experience

• Bachelor’s degree in Finance or Accounting or its equivalent
• CPA (K) / ACCA and a member of ICPAK.
• Experience in System Audit with qualifications of certification in information Systems Audit or equivalent
• At least 2 years audit experience preferably in institution of higher learning
• Strong business acumen and an ability to identify audit issues.
• Strong analytical skills, team player, ability to multi-task, flexibility and ability to work under pressure.
• Training in risk and/or fraud management is highly preferable.
• Experience in fraud/risk management is an added advantage.