ASSISTANT MANAGER - CONCURRENT AUDIT


Job Type Fixed term contract
Nature Full Time
Company EMCL
.
Deadline 13 Feb 2020
Industry Banking industry
Level Managerial level


Reporting Structure

Reporting to: Head of Internal Audit Supervision of: Nil Interact with: Heads of Units/Branches, Kenya , KPMG (IDEA Team)

Main Duties

 

  • Ensuring compliance with laid down systems, procedures and policies and highlighting any unacceptable exceptions and ensuring completeness of revenue collection.

  • Providing value adding recommendations to key processes which enhance efficiency.

  • Represent Internal Audit in projects intended to review and re-engineer processes and recommend improvements/changes.

  • Participate in user acceptance testing\training and preparation of procedure manuals, guidelines and circulars.

  • Ensuring policies and procedures are documented, approved, communicated and understood by concerned staff before launch of any function/unit/product/service.

To offer consultancy/advisory services on the areas noted, in consultation with the Head Internal Audit. This includes fraud and forensic accounting.

 

Audit Execution:

 

  • Review exception reports from the core-banking system, CTS, Mobile banking and any other system that the bank uses as a major customer channel.

Review documents/proposals noting exceptions to policies and procedures and ensure there is adequate justification and appropriate approval for the same.

 

Audit Execution:

 

  • Review exception reports from the core-banking system, CTS, Mobile banking and any other system that the bank uses as a major customer channel.

  • Review documents/proposals noting exceptions to policies and procedures and ensure there is adequate justification and appropriate approval for the same.

  • Review unbudgeted expenses to ensure they have been adequately justified and appropriately approved.

  • Analyse commissions earned to ensure completeness.

  • Supplement the efforts of the Bank in carrying out simultaneous internal checks and monitoring of transactions (transactions are properly recorded/documented and vouched in line with the laid down procedures), IS system security and controls, backups, system change management, acquisitions etc.

  • Reviewing of high-level controls e.g. reconciliation statements (nostros, suspense accounts, on accounts and other monthly exhibit reconciliations), MIS reports, minutes of various committee meeting, etc.

  • Review of measure reconcilable accounts, i.e., Nostro, Suspense/Internal accounts in all bank departments as well as virtual reconcilable accounts. This include assurance that;

  • Any new internal accounts opened have been adequately justified and ownership for monitoring has been assigned.

  • Review reconciliation statements to ensure that reconciling items are properly explained.

  • Any un-reconciled items are properly controlled until identified and cleared.

  • Reconciliations are regularly and properly prepared and reviewed by a senior official.

  • Exceptions noted in the reconciliation process are reported to Top Management.

  • Entries in proxy accounts are closely monitored for immediate clearance by concerned branch/function.

  • Review of Management accounts on a monthly basis against the General ledger to ensure that they are a true reflection of the system balances, adjustments made are not significant and if significant, that these have been escalated to management as an issue that needs to be addressed.

  • Ensure the reports are compiled accurately and within set deadlines.

  • To conduct special reviews.

  • Preparation of draft concurrent plan and submit to the Head to be presented in the last quarter BAC yearly.

  • Ensure compliance with annual concurrent/consulting Audit plan

  • Follow-up of High risk ARPs and report the same on a quarterly basis.

     

Administration and Liaison:

 

  • Assist in Board meeting preparations

  • Attend any work as directed by the Head of the Unit .i.e Assist in review of risk Assignments

 


Candidate Specification:

Education: Bachelors degree
Experience: 2 years
Skills: audit skills , analytical skills , report writing , communication and presentation skills , interpersonal skills , leadership skills
Ability to:
Culture: Multicultural
Software: knowledge on microsoft applications
Knowledge of: knowledge on microsoft applications
Personality: Dependable & team player. , Result oriented.

Minimum Qualifications

 

  • Bachelor’s degree in Business Administration, Banking, Finance or related field

  • A minimum of 2 years working experience at Senior Officer level

 

 

 

 


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