VACANCY ANNOUNCEMENT

INTERNAL AUDITOR
PURPOSE:
The bearer of the role is responsible for the execution of audits/assessments of controls and
processes across all investments of CIC Insurance Group against leading practices,
frameworks and common standards (e.g. Company policies and procedures, International
Standards on Auditing, International Professional Practices Framework, International
Financial Reporting Standards, Regulatory bodies such as the RBA, CMA, etc.).
S/He is also expected to participate in the preparation and implementation of annual work
plans and budgets.
PRIMARY RESPONSIBILITIES

 Play a lead role in operational, business performance and financial statement audits
- including the execution of evaluation and design of controls by carrying out
independent tests and assessments of compliance with the policies, procedures and
regulations as per the approved annual work plans plus audit tasks assigned to other
areas;
 Assist in monitoring and identifying areas of internal control weaknesses and non-
compliance within procedures and provide sound and practical recommendations to
management;
 Provide value adding recommendations and supporting in the creation of policies and
the automation of procedures and processes to ensure an appropriate level of
internal controls, standards of efficiency and compliance are maintained;
 Assist the ICT Auditors in performing risk assessments and proactively identifying
risks on all new and existing ICT systems to improve internal controls and operational
effectiveness and efficiency;
 Prepare internal audit reports - presenting clear, concise and timely internal audit
working papers;
 Review implementation of previous audit findings and ensuring deliverables are on
time and up to the expected standards;
 Contribute to developing and maintaining productive working relationships with the
business; and
 Work effectively as a team member: providing support, maintaining communication
and updating senior team members and management on progress.
Academic Qualifications

 Bachelor’s degree in Accounting, Finance, Actuarial Science, Statistics, or any

business related degree with strong quantitative focus
Professional Qualifications

 CPA (K) or Chartered Accountant (ACCA qualified)

 Broad and deep understanding of insurance and/or financial services generally
 Good understanding of guidelines and standards as prescribed in IIA-IPPF and other
relevant auditing standards
 Good working knowledge of Computer Assisted Audit Techniques (CAATs) and data
analytics tools.
Experience

 Minimum of six (6) years of experience in audit 4 of which must have included
external audit experience;
 Audit of a busy insurance or other financial services firm;
 Experience in business operations an added advantage.
Skills and Attributes

 Technical flair – IFRSs and other standards

 Ability to work independently with minimum supervision
 Excellent communication skills - written, oral, presentation, report writing
 Strong decision making skills
 Critical thinking
 Ability to maintain highest levels of integrity and objectivity
 Confidentiality
 Willingness to learn and continuously expand technical and business skills in all areas
 Flexibility in mobility
 Knowledge of current technological developments/trends in area of expertise and
knowledge of software requirements for audit of systems procedures
If you have the aforementioned professional and academic qualifications and you are ready
to execute the above mandate, strictly apply through: https://cic.co.ke/career/ clearly
indicating the position being applied for. The application should reach us by close of
business on 13th October, 2022. Please note only short listed candidates will be contacted.
If you do not hear from us by 12th November, 2022 consider your application unsuccessful.

N/B: This job advert is open to both internal and external candidates.