Evans mwenze

INTERNAL AUDITOR at SHAMIR NWDT SACCO SOCIETY LIMITED

since July, 2021

ev***ze@gmail.com

Work experience

Developing a comprehensive audit program and audit plan to cover all the activities and programs.
Implementing an internal risk-based audit strategy and annual plan.
Conducting timely risk-based internal audits and advising the board of directors on all audit matters.
Reviewing and advising the board of directors on the risk management framework.
Assessing the reliability and integrity of financial, operating procedures and compliance with set policies.
Reviewing the economic efficiency and effectiveness in the utilization of resources so that the objectives of the Sacco society are achieved.
Providing practical solutions to improve overall efficiencies and enhance internal controls.
Monitoring the level of compliance with laws, rules, regulations, policies, processes and procedures.
Conducting investigations on suspected internal fraud and corruption.
Proactively keeping the board of directors and management aware of emerging trends regarding internal controls, risk management, governance and internal auditing.
Preparing and presenting accurate internal audit reports to the board of directors on a monthly basis.
Liaising with external auditors when audits are undertaken.
Providing support, technical and secretarial services to the supervisory committee.
Promoting the highest standards of ethics and standards in the Sacco society based on the principles of integrity, objectivity, competence and confidentiality.

Work experience

o Research, reviewing current processes and providing recommendations to enhance company policies and procedures.
o Develop proposals and presentation in respect of financial consultancies.
o Writing notes to the audit manager on all matters outstanding on the accounts
o Addressing all queries arising from the audit manager/partner regarding the audits.
o Carrying out the audit plan as briefed by the manager Plan, supervise, and review
work of assigned subordinates.
o Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.

Work experience

o Review the reliability and integrity of financial and operational information and the means used to identify, measure, classify and report such information;
o Review the systems established by management to ensure compliance with applicable policies, plans, procedures and Acts, and to determine whether the organization is in compliance
o Review the means of safeguarding assets and verifying the existence thereof;
o Appraising the economy as well as the efficiency with which resources are
employed, and identifying opportunities to improve operating performance;
o Review operations or programmes to ascertain whether results are consistent with established objectives and goals, and whether the operations or programmes are being carried out as planned.
o Review the planning, design, development, implementation and operation of all major computer-based systems of BSK to determine whether:
Adequate controls are incorporated in systems;
Thorough systems testing is performed at appropriate intervals;
System documentation is complete and accurate; and that
User needs are met.
o Report to the Risk and Audit Committee in writing on the scope of reviews of corporate governance on any significant findings and meeting the deadlines as agreed to with the BSK Risk and Audit Committee.

Education

Education

BACHELORS OF BUSINESS MANAGEMENT-ACCOUNTING OPTION at Moi University (school of Business and Economics)

Work experience

o Auditing of financial statements in accordance with international financial reporting standards and relevant international standards in auditing
o Assets verification, stock take and stock analysis, payroll and other expenses vouching.
o Internal systems control audit
o Discussing various issues arising during audit with clients.
o Assisting new Audit staff on audit assignments
o Computation of VAT and submission of returns as per K.R.A deadlines, deferred tax asset and liabilities computation.
o Withholding VAT and withholding tax analysis
o Audit compilation and analysis
o Filling in annual P.A.Y.E returns
o Book keeping and accountancy for clients using QuickBooks.
o Timely preparation of monthly management accounts for the assigned clients
o Preparation of Audit schedules and financial statements for external audit purposes
o Performing audit tests to support the firms’ audit opinion
o Preparation of audit working papers. Taxation Services
Corporate and personal tax planning and compliance
Tax health checks
Liaise with Kenya Revenue Authority for audit & Investigation and compliance audit matters
Ensuring compliance with the appropriate standards laws and regulations