Opportunity International Job Vacancy : Head of Audit

Opportunity International Job Vacancy : Head of Audit

SUMMARY

The Head of Audit is responsible for organizing and leading the Audit Function at Opportunity Kenya Limited. At the highest level, the Audit function at Opportunity Kenya provides independent, objective assurance and consulting services designed to add value and improve the organization’s operations.

Audit helps the organization accomplish its objectives by bringing a systematic, disciplined, risk-based approach to the evaluation and continual improvement of the risk management systems,

control environment, and governance processes.

The Head of Audit will direct a comprehensive audit program, including performance, operational, financial, and compliance audit projects; providing consulting services to the organization’s management and staff; providing direction to development of the annual internal audit plan; and ongoing training, coaching, and supervision to audit staff.

The Head of Audit will provide frequent updates to both the Management Team and Opportunity Kenya Limited Board of Directors on the company’s system of internal controls, significant audit recommendations, and investigations into fraudulent activity.

ESSENTIAL DUTIES 

include the following. Other duties may be assigned.

• Develop a flexible annual audit plan using an appropriate risk-based methodology, including any risks or control concerns identified by management, and submit that plan to the Audit Committee for review and approval as well as periodic updates.
• Lead the continuous development of the corporate audit process and operating procedures, and direct the overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
• Ensure the audit process is utilized in identifying control weakness and developing recommendations within all divisions and operations of the organization. The focus of this service may be on the financial, operational, compliance or information technology issues.
• Design appropriate methodologies for fraud and fraud risk detection in the auditing process, especially at the branch level.
• Ensure internal audit methodology is consistently applied and documented and in conformance with the IIA Standards.
• Provide regular reports to the Audit Committee on the company’s system of internal controls, significant audit recommendations, and investigations into fraudulent activity. Review and update the Audit Committee and the internal audit charters as necessary.
• Represent Audit at management and board meetings and with external organizations.
• The Head of Audit will be responsible for recruiting, hiring, training and managing a professional audit staff with sufficient knowledge, skills, experience, and professional certifications to meet the requirements of the Audit Charter.

Desired Skills and Experience

• Minimum of five years of experience in corporate auditing or a management position in microfinance and/or financial services covering business analysis, operations, finance, program evaluation, project management or equivalent
• Minimum of 3 years’ experience as Auditor (or equivalent) of a Regulated Financial Institution, preferably with a Global organization
• Bachelor degree from an accredited college or university. A Master’s degree in business administration, public administration, or related field preferred
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) status preferred
• Certified Fraud Examiner (CFE) preferred
• Experience in designing audit programs in an international setting preferred
• Extensive knowledge of and skill in applying corporate auditing, management principles and preferred business practices

LANGUAGE SKILLS

• Fluency in English required
• Fluency in Swahili desirable.

Physically able to travel coach class. Travel may be extensive (approximately 75%, for extended periods of time) 

How to Apply

Submit your CV and Application online : Click Here