Job Description

Kenya Development Corporation Ltd (KDC) is a Development Finance Institution which was established in 2020 to merge the operations of Industrial and Commercial Development Corporation (ICDC), Tourism Finance Corporation (TFC) and IDB Capital Limited. KDC is mandated to play a catalytic role in Kenya’s socio-economic development by providing long-term financing and other financial, investment and business advisory services. Therefore, KDC plays an important role in addressing critical gaps for long-term funding that cannot be met by commercial banks in target sectors in Kenya and elsewhere.

Duties and responsibilities

• Formulating and coordinating the implementation of internal audit policies, strategies and plans;
• Compiling and issuing internal audit reports;
• Conducting special audits and investigations;
• Setting up and implementing systems in accordance with auditing standards;
• Testing the efficacy of the risk assessment systems;
• Monitoring and reporting on the Board overall risk profile;
• Supporting various departments in risk profiling;
• Reviewing correctness and accuracy of accounting reports;
• Providing of independent assurance on risk management process on both design and operation; and
• Assuring on risk control effectiveness, efficiency and adequacy and risk management processes.

Person Specification

For appointment to this grade, an officer must have: –

• Have a minimum period of ten (10) years relevant work experience six (6) of which should have been on Managerial level;
• Have Bachelor’s Degree in any of the following disciplines: Accounting, Finance or Business Administration (Finance and Accounting option) or relevant field from a recognized university;
• Have Master’s degree in any of the following disciplines: Business Administration (Accounting/Finance Option) or relevant field from a recognized institution;
• Have passed Certified Public Accountant of Kenya (K) or its equivalent qualification;
• Be a registered member of ICPAK in good standing and OR Be a Member of the IIA/ISACA in good standing;
• Have a certificate in a management course lasting not less than four (4) weeks from a recognized institution;
• Be proficient in computer application skill;
• Have demonstrated professional competence and ability as reflected in work performance and results; and
• Fulfilled the requirements of Chapter six of the Constitution.

Method of Application

Submit your CV attaching certified copies of National Identification/Passport, certificates, testimonials and Application letter to  humancapital@kdc.go.ke
Use the title of the position as the subject of the email

Closing Date : 24 May. 2023