Senior Supervisor–Internal Audit

Full Time
Posted 9 months ago

Please do not make any payments for CBT, tests, or assessments as part of the recruitment process. If you have any doubts, please contact us.

Madison Group Limited is a locally owned financial services holding company specializing in insurance and wealth management services. The Group comprises Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan laws in 1988 as Madison Insurance Company Limited (MICK) following a successful merger between Crusader Plc (1974) and Kenya Commercial Insurance Corporation.

Learn more about our company.

Senior Supervisor – Internal Audit Job Type: Full-Time

Qualification: BA/BSc/HND

Experience: 4 years

Location: Nairobi

Job Field: Finance / Accounting / Audit

Duties and Responsibilities:

  1. Plan and scope annual and ad hoc audits in collaboration with the department head.
  2. Monitor and evaluate key processes identified in the risk assessment during assignment planning, proactively identifying internal control issues for key risk processes.
  3. Prepare detailed audit planning memoranda, audit programs, and procedures for each audit assignment.
  4. Ensure the successful completion of planned audit engagements, from pre-planning to fieldwork and reporting.
  5. Perform audit procedures to verify the implementation and effectiveness of controls through testing and interactions with relevant personnel within the Group.
  6. Prepare and submit timely, high-quality audit reports, engage in meetings with management and department heads, and provide advice on improvements.
  7. Continuously monitor the implementation of audit recommendations by management through follow-up audits and report any observed gaps.
  8. Participate in providing quality assurance in technology acquisition, implementation, and project sign-offs.
  9. Conduct ad-hoc/special investigations and reviews as assigned from time to time.
  10. Review and recommend revisions to the audit procedures manual to enhance efficiency and promote continuous improvement.
  11. Stay updated on developments related to the internal audit profession, including laws, regulations, best practices, tools, techniques, and audit standards.
  12. Undertake any other tasks as assigned.

Key Competencies Required:

  • Strong analytical skills with an ability to pay attention to detail.
  • Ability to observe and understand business processes and derive actionable insights.
  • Self-driven individual with the ability to work with minimum supervision.
  • Good communication skills, both verbal and written.
  • A team player with excellent interpersonal skills.
  • Ability to maintain the highest standards of ethics, confidentiality, and professionalism.
  • Ability to effectively manage and deliver to strict deadlines.

Requisite Qualifications:

  • Bachelor’s Degree in Accounting, Finance, Business Administration, Actuarial Science, or a related field.
  • CPA (K) or ACCA qualification.
  • At least 4 years of relevant experience.
  • Possession of a Certified Internal Auditor (CIA) Certification in Risk Management Assurance (CRMA) or Certified Information Systems Auditor (CISA) certification is an added advantage.
  • Excellent computer skills with hands-on experience in Excel and Audit Software (e.g., ACL, CaseWare IDEA, SQL, TeamMate).

Method of Application:

Qualified candidates are invited to submit their applications, including comprehensive CVs, to the Group Human Resources Manager at the following address: Madison Group Limited, Email: no later than 10th November 2023.

Job Features

Job CategoryFinance / Accounting / Audit

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