The Kenya Power & Lighting Company Limited, Staff Retirement Benefits Scheme 2006 ("the SchemeâÂÂ) was established on 1 July 2006, following the closure of the Defined Benefits (DB) Scheme on 30th June 2006. As a Defined Contributions Scheme, the Scheme is managed by a Board of Trustees whose membership is divided equally between Sponsor nominated Trustees and Member nominated Trustees. The administrative functions of the Scheme are undertaken by the Secretariat of the Defined Benefits Scheme in an arrangement whereby the DC Scheme pays an administrative fee to the DB Scheme. The Scheme was established by the Sponsor with the main objective being to provide benefits to employees (members) upon retirement or to their dependents in the event of death in service.Job Description To lead and manage the internal audit and risk management functions by providing independent assurance and advisory services that enhance governance, risk management, and internal control processes. Minimum Qualifications Qualification: Bachelors Degree Experience: 8 year(s) Key Responsibilities He/she will be the Secretary to the Audit Committee of the Board Coordinate responses to Management Letters from the external auditors. Coordinate special audit investigations as may be required from time to time Coordinate risk management processes and ensure implementation of risk Management guidelines Promote a risk-aware culture across the organization Prepare and present audit and risk reports to the Board. Monitor implementation of audit recommendations Promote good corporate governance and compliance with various laws and regulations Develop audit, risk management and other related policies and strategies ensuring Implementati Develop, document and implement sound audit management systems. Undertake annual audit planning and ensure its implementation Check on budgetary controls to ensure compliance with the set budget and work plas Liaise with the External Auditors Required Knowledge, Skills, and Abilities Bachelors Degree or an equivalent in bachelor of business management from accredited and recognized institution. Bachelors Degree or an equivalent in bachelor of business administration and management(accounting/finance option) from accredited and recognized institution. Master’s degree in a Business-related field will be an added advantage. Minimum 8 years of relevant experience in audit and risk. At least 5 years in a managerial role. Risk-based auditing. Enterprise Risk Management (ERM). Financial and operational audit expertise. Knowledge of regulatory frameworks. IT audit and data analytics skills. High integrity and ethical standards. Strong leadership and management skills. Analytical and problem-solving abilities. Excellent communication and presentation skills. Independence and objectivity. Stakeholder management skills Professionalism and integrity in line with Kenya Power Pension Fund values. Should be a member of Certified Internal Auditor Should be a member of Institute of Certified Public Accountants of Kenya Should be a member of Institute of Internal Auditors Should be a member of Association of Chartered Certified Accountants
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Manager, Internal Audit & Risk At Kenya Power Pension Fund (Kppf)
Banking / Financial Services
full time
Nairobi
Posted 22 hours ago
KES 2,006 – KES 2,006