Principal Auditor

The Warehouse Receipt System Council (WRSC) is a State Corporation under the Ministry of Agriculture, Livestock, Fisheries and Cooperatives, established by the Warehouse Receipt System Act No. 8 of 2019. The Council oversees the system where commodity owners (Farmers or Aggregators) deposit their commodities in certified warehouses and are issued receipts.

Role Overview

The Principal Auditor role is crucial for ensuring effective internal controls, institutional compliance, risk management, and operational efficiency within the WRSC. The successful candidate will lead the internal audit function, manage audit teams, and conduct comprehensive financial, systems, and efficiency audits.

Key Duties and Responsibilities

Audit Planning and Execution

• Undertaking audit assignments and preparing detailed audit observations and reports.
• Carrying out institutional risk evaluation and efficiency audit.
• Conducting financial and systems audit.
• Leading the audit team in implementing audit work plans.
• Implementing audit fieldwork strategy.
• Examining vouchers, cashbooks, ledgers, confirming the propriety and accuracy of the transactions.
• Verifying utilization of Council’s resources.
• Auditing of systems and processes.
• Evaluating and documenting audit evidence.

Risk & Compliance Management

• Carrying out risk assessment and management guidelines.
• Stocking and carrying out risk assessment, corruption risk assessment and anti-corruption awareness activities.
• Undertaking audit investigations.
• Carrying out audit follow-ups on implementation of recommendations and preparing audit reports.

Support & Documentation

• Providing support in the development and updating of the internal audit manual.
• Carrying out audit inspections of Council’s records.
• Collecting and verifying data on periodical financial returns, estimates and expenditure.
• Preparing audit operational plans.

Person Specifications

Mandatory Requirements

• Have served for a cumulative nine (9) years, three (3) of which must have been in the grade of Senior Auditor, or equivalent position in a comparable organization.
• Have a Bachelor degree in any of the following disciplines: Commerce (Accounting / Finance option), Economics, Business Administration (Accounting /Finance option), or an equivalent degree from a recognized institution.
• Have a Certified Public Accountants Kenya (CPA) Final Certificate, Association of Certified Chartered Accountants (ACCA) part III, or an equivalent qualification from a recognized institution.
• Be a registered Member of any of the following professional bodies and in good standing: Institute of Internal Auditors (IIA), Institute of Certified Public Accountants of Kenya (ICPAK), or Information Systems Audit and Control Association (ISACA).
• Have a Certificate in Certified Information System Auditor (CISA) from Kenya Accountants National Examinations Board (KASNEB).
• Have a Certificate in Management course from a recognized institution.
• Be Proficient in Computer applications.
• Have shown merit and ability as reflected in work performance and results.