Internal Audit Assistant at Kenya Methodist University (KeMU)

KeMU/ADM/IAR/1/9/2025 – (1) Position Main Campus

Job Summary:

The Internal Audit Assistant will ensure that the University’s resources are safeguarded and efficiently utilized. The role involves planning and completing financial audits, identifying inadequate 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; and developing audit programs.
• Assess compliance with relevant regulations and legal requirements by studying existing and new legislation, enforcing adherence, and advising management on needed actions.
• Assess risks and internal controls by identifying areas of non-compliance, evaluating manual and automated (ERP) financial processes, and identifying process weaknesses and inefficiencies.
• Verify assets and liabilities by comparing and analyzing items and collateral against documentation.
• Complete audit documentation by recording audit tests and findings.
• Communicate audit progress and findings to management, highlight unresolved issues, review working papers, and prepare final audit reports.
• Improve governance by recommending changes in monitoring, assessment, motivation practices, internal control structures, and operational 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 goals by embracing new tasks and exploring opportunities to add value to the University.

Required Qualifications and Experience:

• Bachelor’s degree in Finance, Accounting, or an equivalent field.
• CPA (K) / ACCA qualification and membership with ICPAK.
• At least 2 years of audit experience, preferably in an institution of higher learning.
• Strong business acumen and the ability to identify audit issues.
• Strong analytical skills, teamwork, flexibility, multitasking ability, and capacity to work under pressure.
• Training in risk and/or fraud management is highly preferable.
• Experience in fraud or risk management is an added advantage.