Internal Audit & Compliance Officer

Qualification, Experience and Skills:

Here below are the minimum academic and professional skills requirements for the jobholder to perform their duties to the satisfaction of the organization.

• Academic Qualifications
  

Minimum of a Bachelor’s degree in Business, Commerce, Administration or other related fields. 

• Professional Qualifications
  

Certified Public Accountant of Kenya (CPA-K) or ACCA qualification. Any other qualifications and training in systems audit and compliance management is an added advantage.

Relevant Work Experience

• At least five (5) years of progressive experience in a similar role, supporting internal audit and compliance in a not-for-profit institution.
  
• Experience providing contract administration and compliance oversight of major donor grants & contracts.
  
• Working with external auditors.
  
• Writing professional audit and compliance reports both for management and internal.
  

Essential Competencies & Skills

• Demonstrably unimpeachable integrity in all dealings within and outside the organization.
  
• In-depth knowledge of all tax and statutory obligations relating to NGOs in Kenya.
  
• Good analytical skills to successfully perform financial reviews and other quantitative analyses.
  
• Good written and oral communication skills.
  
• Demonstrable ability to work with minimum supervision.
  
• Good knowledge and understanding of major donors’ audit and compliance requirements and reporting guidelines.
  
• Coaching and technical support to local organizations on grants and contracts administration.
  
• Ability to exercise objectivity and discretion in all dealings with staff, SMT and the Board.
  
• Ability to adapt to change quickly in a professional manner.
  

Qualification, Experience and Skills:

Here below are the minimum academic and professional skills requirements for the jobholder to perform their duties to the satisfaction of the organization.

• Academic Qualifications
  

Minimum of a Bachelor’s degree in Business, Commerce, Administration or other related fields. 

• Professional Qualifications
  

Certified Public Accountant of Kenya (CPA-K) or ACCA qualification. Any other qualifications and training in systems audit and compliance management is an added advantage.

Relevant Work Experience

• At least five (5) years of progressive experience in a similar role, supporting internal audit and compliance in a not-for-profit institution.
  
• Experience providing contract administration and compliance oversight of major donor grants & contracts.
  
• Working with external auditors.
  
• Writing professional audit and compliance reports both for management and internal.
  

Essential Competencies & Skills

• Demonstrably unimpeachable integrity in all dealings within and outside the organization.
  
• In-depth knowledge of all tax and statutory obligations relating to NGOs in Kenya.
  
• Good analytical skills to successfully perform financial reviews and other quantitative analyses.
  
• Good written and oral communication skills.
  
• Demonstrable ability to work with minimum supervision.
  
• Good knowledge and understanding of major donors’ audit and compliance requirements and reporting guidelines.
  
• Coaching and technical support to local organizations on grants and contracts administration.
  
• Ability to exercise objectivity and discretion in all dealings with staff, SMT and the Board.
  
• Ability to adapt to change quickly in a professional manner.
  

Specifically, and guided by the Act! key policies and procedures (Finance, Audit and Operations, HR, ICT, Procurement, Whistleblower, Anti-fraud, Risk Management, and Safeguarding, etc.), the Internal Audit & Compliance Officer will among others:

• Offer internal financial and systems audit support to the organization.
  
• Conduct periodic risk assessments of the organization and where required partners within a risk-based audit framework. The audit reports shall form part of institutional strengthening and performance improvement plans.
  
• Identifying and monitoring possible emerging risks across the organization.
  
• Continuously review the suitability of internal controls and recommend strengthening actions.
  
• Promote and ensure compliance by the Board and the Senior Management Team with all applicable Internal, Policies, Procedures and relevant Government Statutory Requirements.
  
• Promote and ensure full compliance by the Board and the SMT with International Financial Accounting and Reporting Standards.
  
• Provide direction and ensure compliance by the SMT with all contractual terms and conditions as outlined in Act!’s agreements with all third parties and donors.
  
• Draw the attention of SMT to instances or risks of non-compliance, assessing the potential consequences and offering support to ensure full compliance. The IA&CO may escalate (within the defined escalation framework) to the Finance and Audit Committee non-compliance issues as may be deemed appropriate.
  
• Conduct regular internal financial & process audits and compliance reviews to assess overall compliance with laid down policies and procedures, and compile quarterly status reports for the Finance and Audit Committee of the Board.
  
• Facilitate internal consultations with relevant parties and resolution of all non-compliance issues – systems strengthening and adherence.
  
• Facilitate annual cross-organizational level risk assessments, prepare risk mitigation plans with focal persons, and support close and efficient monitoring of progress in the implementation of the risk mitigation plans.
  
• Liaising with the External Auditors on tracking and implementation of key audit findings as documented in the management letters.