Reporting to the Commission, the job holder is responsible for providing leadership to the Committee in fulfilling its duties and responsibilities.
Terms of Service
Chairperson shall be appointed on part time basis for a period of three years and shall be eligible for re-appointment for a further term of three years, subject to satisfactory performance.
Duties and Responsibilities
• Providing leadership to the Risk and Audit Commission Committee;
• Setting the agenda of the Committee meetings in consultation with the other members;
• Reporting to the Commission on activities and decisions made by the Risk and Audit Committee;
• Providing assurance on risk management, controls and governance processes of the Commission;
• Following up on the implementation of recommendations by internal and external auditors;
Periodically arranging for review of the effectiveness and performance appraisal of the Risk and Audit Committee and the Internal Audit function.
Requirements for Appointment
For appointment to this role, a candidate must:
• Be a Kenyan citizen;
• Possess minimum of a bachelors’ degree in Commerce (Accounting/ Finance option), Economics, Mathematics, Statistics, Auditing, Business Administration or its equivalent qualification from a recognised university;
• Have served at senior management level for at least ten (10) years with proven experience;
• Be a member in good standing of a professional body such as ICPAK, IIA, ICPSK, or any relevant professional body;
• Have a good understanding of government operations, financial reporting and auditing;
• Have thorough
knowledge of the Public Finance Management Act and regulations thereto;
• Have a good understanding of the mandate of the Commission;
• Not be a past or present employee of the Commission, and shall not have served as an employee or agent of a business organisation which has carried out any business with the Commission;
• Have knowledge of audit committee operations;
• Not be a holder of a political office.
In addition, the candidate must possess the following core competencies:
• Demonstrated integrity and professional competence as reflected in work performance and results;
• Leadership skills;
• Interpersonal skills;
• Negotiation skills;
• Problem solving skills.
Important Notice:
In addition to the qualifications set above applicants must further obtain clearances from the following:
• Ethics and Anti-Corruption Commission (EACC)
• Kenya Revenue Authority (KRA)
• Directorate of Criminal Investigation (DCI)
• Higher Education Loans Board (HELB)
• Registration and good standing in relevant Professional Bodies
