Manager Internal Audit - Enabling Functions

Purpose

The job is responsible to manage and review audits related to Transmission and Engineering sections of KE. The role is responsible to prepare the audit programs and work procedures and ensure that adequate verification as per the risk assessment methodology. The role also ensure that the team carries out the required audit procedures within the allocated time and is continuously engaged with team members and auditee management to ensure that work is carried out smoothly with adequate coordination. The role also carries root cause analysis of audit issues and prepares viable recommendations for onward submission to line manager. The role also assists the DGM in preparation of Draft audit report and audit presentations.

Education (Mandatory)

Engineering (BE/ME/MS) from a HEC recognized and or international university 

Years of Experience

05-08 years of experience.

Functional Competencies

Area of Responsibilities

Audit Planning, Execution and Review

• Plans and supervises execution of audits in line with the approved annual audit plan.
• Developing a strategy for the efficient and effective completion of engagements / assignments.
• Manage audit team to achieve approved audit plan and department objectives.
• Review ensure the quality of work performed by audit team and the adequacy of test performed, documentation of conclusions
• Manage the completion of audits by understanding entities’ objectives, structure, policies, processes, internal controls; identify risk areas; review audit scope and objectives; and review audit programs etc.
• Review, monitor and assess the work of audit staff, prepare performance appraisals for the audit staff after each assignment
• Review working papers prepared by audit team, conducting detailed review of audit work performed by the IA Staff to ensure compliance with audit manual and that all audit findings and issues are properly documented, communicated and agreed upon with process owners.
• Review and amend the audit findings and observations prepared by audit team.
• Ensure that audit team conducted in compliance with the audit plan, audit manual and professional auditing standards in order to provide management with insights into areas of risk that are not adequately controlled and identify opportunities for process and control improvement.
• Discuss findings with auditees /process owners to achieve agreement and understand their concerns on corrective actions.
• Conduct performance appraisal for the audit team.
• Carry out follow up reviews to assess the status of implementation of the management action plans and ensure the continuation of such follow up till satisfactory results are achieved.
• Ensures the development and implementation of relevant audit program, tools and methodology.
• Assessing the overall control environment with the purpose of detecting significant loss potential or fraud
• Reviewing business processes, and systems in order to evaluate their quality, cost benefit, relative value and integration
• Developing viable recommendations to enhance processes and systems in order to improve their quality

Area of Responsibility Continued

Follow up on Implementation plans

• Carry out follow up reviews of IA observations and ensuring that the timelines agreed for implementation are being adhered to. 
• Discussing and escalating matters in case of deviations in the implementation schedules
• Ensuring that the identified risks are adequately mitigated once the action items are implemented and new risks have not arisen.
• Prepare the implementation report “Progress on Action items” to be submitted to DGM/DD /Director

Support and Consulting Activities

• Prepare presentations for discussion meetings with department heads and group heads.
• Assist and support in preparation of board audit committee (BAC) presentations and working papers as required by higher-ups.
• Assist in development and up gradation of Transmission and Engg Risk Register and IA Manual.
• Assist in planning of staff annual training schedule according to the needs and requirements

People Management

Working actively to build staff’s capabilities and ensuring development of high performing teams. This entails rotation of team members for diversified exposure and providing opportunities to excel in the tasks being assigned. Coaching and counseling of team members and giving challenging tasks to develop skills necessary for improving efficiency and effectiveness of the tasks

Preferred Job Experiences