Internal Auditor and Risk Officer

The Internal Auditor and Risk Officer provides independent and objective assurance on the effectiveness of the Company's governance, enterprise risk management, internal controls, and operational processes. The role proactively identifies financial leakages, fraud risks, compliance gaps, operational inefficiencies, and control weaknesses across all business functions, recommending practical solutions to safeguard assets and support strategic decision-making.

• Develop and execute the annual risk-based internal audit plan approved by the Managing Director.
• Evaluate the adequacy and effectiveness of internal controls across all departments.
• Conduct enterprise-wide risk assessments and maintain the corporate risk register.
• Identify operational, financial, compliance, strategic, and fraud risks and recommend mitigation measures.
• Review and strengthen company policies, SOPs, delegated authority matrices and governance frameworks.
• Conduct root cause analysis on audit findings and monitor implementation of corrective actions.
• Advise management on risk mitigation, cost optimization, and process improvement initiatives.
• Audit revenue, receivables, payables, banking, payroll, inventory and fixed assets.
• Review financial transactions and supporting documentation for completeness and accuracy.
• Evaluate compliance with IFRS, company policies, tax regulations, and statutory requirements.
• Review cash management, bank reconciliations, statutory remittances and expenditure approvals.
• Assess segregation of duties and financial authorization controls.
• Review budget performance and investigate material variances.
• Audit the quotation-to-cash cycle.
• Review pricing approvals and discount controls.
• Review tender management process.
• Verify contracts, LPOs, quotations, invoices and sales documentation.
• Audit credit approvals and debtor management.
• Review sales commissions and incentive calculations.
• Audit customer complaints, warranty claims, refunds and after-sales processes.
• Audit production planning, Bills of Materials (BOM), costing, yields, and material utilization.
• Review production efficiency, quality controls, preventive maintenance, and equipment utilization.
• Audit procurement processes from requisition through supplier payment.
• Evaluate supplier performance and procurement compliance.
• Review warehouse operations, inventory controls, cycle counts, stock accuracy, and valuation.
• Audit dispatch operations, logistics, vehicle utilization, fuel controls, and proof of delivery.
• Verify fixed asset management and physical asset controls.
• Review purchase planning and supplier selection.
• Audit purchase orders and delegated approvals.
• Verify import documentation and customs compliance.
• Review freight, clearing, insurance, and import costs.
• Audit foreign supplier payments and trade finance controls.
• Review exchange rate management and import-related risks.
• Conduct periodic, cyclical, and surprise stock audits of raw materials, work-in-progress (WIP), finished goods, consumables, and spare parts.
• Verify stock accuracy by reconciling physical inventory with ERP/Sage records and investigate all variances.
• Audit the receipt, storage, issuance, transfer, and consumption of raw materials to ensure compliance with approved procedures.
• Review material requisitions, Goods Received Notes (GRNs), Stock Issue Vouchers (SIVs), transfer notes, and stock adjustment records for completeness and authorization.
• Assess inventory controls to prevent theft, pilferage, and loss.

• Bachelor's Degree in Accounting, Finance or a related discipline.
• CPAK Holder or Finalist Mandatory.
• CIA (Certified Internal Auditor) highly preferred.
• CISA or Certified Fraud Examiner (CFE) will be an added advantage.
• Membership of ICPAK and/or IIA Kenya.
• Minimum 5 years progressive experience in Internal Audit, Finance, Risk Management or Compliance.
• At least 2–3 years auditing manufacturing, distribution, FMCG, or inventory-intensive businesses.
• Experience conducting operational, financial, compliance and fraud investigations.
• Experience auditing ERP systems (Sage preferred).
• Internal Audit Standards, COSO Internal Control Framework, Enterprise Risk Management, IFRS, ERP Auditing (Sage, SAP, Odoo, Microsoft Dynamics), Procurement & Supply Chain Controls, Inventory Management, Fraud Investigation, Financial Analysis, Root Cause Analysis, Advanced Excel, Power BI preferred.
• High integrity and professional ethics.
• Independence and objectivity.
• Strong analytical and investigative skills.
• Commercial awareness.
• Excellent communication and report-writing skills.
• Ability to influence senior management.
• Excellent stakeholder management.
• Strong decision-making capability.
• High attention to detail.
• Confidentiality and professional scepticism.
• Completion of the approved annual audit plan.
• Percentage of audit findings closed within agreed timelines.
• Reduction in repeat audit findings.
• Reduction in financial losses from control failures.
• Number of fraud cases detected and resolved.
• Inventory variance maintained within approved tolerance.
• Compliance with company policies and statutory requirements.
• Timely submission of monthly audit reports.
• Number of high-risk issues identified before financial impact.
• Reduction in ERP overrides and unauthorized transactions.
• Cost savings and process improvements resulting from audit recommendations.
• 3+ years of Furniture and Home Furnishings Manufacturing experience.
• 3+ years of work experience with Internal Audits.
• 5+ years of experience in Accounting/Auditing.