ASSISTANT MANAGER - CONCURRENT AUDIT

Job Type Fixed term contract
Nature Full Time
Company EXACT MANPOWER CONSULTING LTD
Application deadline 13 Feb 2020
Industry Banking industry
Position 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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