Audit Risk and Compliance Manager at Nyandarua Water and Sanitation Company Limited

Nyandarua Water and Sanitation Company Limited, a private water utility company fully
owned by the County Government of Nyandarua and with a mandate to provide water and
sanitation services in Nyandarua County is seeking to recruit a self-driven individual for the
position of Audit Risk and Compliance Manager.

Reporting functionally to the Audit, Risk and Compliance Committee of the Board and
administratively to the Managing Director, the successful candidate will be responsible for
providing the conduct of independent appraisal of the effectiveness and improvement
of policies, procedures and standards of management of financial and physical resources of the
Company, lead risk assurance and carry out value-for-money audits.

Key Responsibilities
A. KEY RESPONSIBILITIES
Managerial Responsibilities
1. Provide strategic direction in the Internal Audit and Risk Assurance function of the
Company.
2. Develop systems for the evaluation of financial, information systems and operational
procedures to ensure adequate internal controls are present.
3. Develop, document, implement, test and maintain a comprehensive internal audit plan to
ensure compliance with applicable laws, regulations, and the Company’s policies and
procedures.
4. Develop and document systems for reviewing and monitoring the Company’s risk
management system and make appropriate recommendations for improvements based on
industry best practices.
5. Ensure sound practices in internal audit/risk management that conform to international
best practice, International Professional Practices Framework (IPPF), International Financial
Reporting Standards (IFRS), International Audit Standards (IAS) and the Retirement
Benefits Authority (RBA) Act 2007.
6. Ensure a competent and motivated internal audit team through quality hiring, training and
evaluating of staff; and taking corrective actions to address performance gaps.
7. Provide sound leadership and supervision to the staff in the department.
8. Prepare comprehensive internal audit draft annual budgets.
9. Ensure compliance with the approved budget including prudent and timely spending.
10. Ensure timely reporting of the department’s performance.
11. Ensure sound systems, policies and procedures for effective functioning of the department
are in place.

Operational Responsibilities
1. Develop NYANDAWAS Internal Audit Charter and review it regularly.
2. Regularly perform risk exposure assessments.
3. Act as Secretary to the Audit, Risk and Governance Committee of the Board.
4. Act as a link between the external auditors and the internal audit function and the Company
as a whole.
5. Follow up on recommendations given by external audit team and other regulatory bodies.
6. Oversee the preparation of audit reports with relevant recommendations.
7. Prepare annual audit schedules, programs and annual internal audit plan (risk-based audits)
aligned to the threats and risks identified in the strategic plan – to ensure the company achieves its
strategic goals and objectives.
8. Determine that all operations carried out at NYANDAWAS are in conformity with existing
laws and regulations, and internal policies and procedures and are consistent with both
institutional objectives and good business practices.
9. Lead in conducting risk-based audits and prepare appropriate recommendations on
minimization of risks to safeguard NYANDAWAS’s assets.
10. Carry out systems audits of all departments and appraise the application and adequacy of
accounting, financial, procurement, IT and other controls.
11. Review the credibility and integrity of financial statements by ensuring that they have been
prepared in accordance with the relevant Regulations.
12. Ensure that noncurrent assets of NYANDAWAS have been safeguarded, their physical
condition is proper, they exist and they are correctly valued.
13. Ensure that the information contained in the financial statements is complete and reliable
for effective decision making.
14. Review the economic efficiency and effectiveness in the utilization of
NYANDAWAS resources to achieve its objectives.
15. Review the adequacy, design and effectiveness of the Internal Control Systems to monitor
the quality of such controls, detect any weakness and provide recommendation for
improvement through analysis of the accounting system to ensure that security levels are
well guarded.
16. Identify and qualify key business risks estimating the probability of occurrences and their
impact on NYANDAWAS and make appropriate recommendations.
17. Train employees and members of the Board on the roles of effective internal Audit.
18. Evaluation of strategic plan in terms of performance achieved (half yearly).
19. Preparation of quarterly internal audit reports for audit committee.
20. Undertake continuous professional development to keep up with current industry trends.
21. Undertake any other duties as may be assigned.

REQUIREMENTS FOR APPOINTMENT
i. Bachelor’s degree in Finance or Accounting or any related business field.
ii. Full professional qualification in either CPA (K), ACCA, CISA or CIA.
iii. Member of ICPAK or CIA with a good standing.
iv. At least 3 years’ experience in a senior management position.
v. Proficiency in ICT with strong MS office and internet ability.
vi. Excellent planning and organizational skills.
vii. Strong analytical skills.
viii. Excellent communication skills.
ix. Strong leadership skills.
x. Good interpersonal relations skills.
xi. Problem solving skills.
xii. Successful Candidate must satisfy the requirements of chapter six of the constitution of
Kenya on Leadership and integrity through provision of; -
a) Current certificate of good conduct from Directorate of Criminal Investigation
Department.
b) Current Tax compliance certificate from Kenya Revenue Authority.
c) A clean and current report from an approved credit reference Bureau (CRB).
d) Clearance from the Ethics and Anti-Corruption Commission (EACC).
e) Clearance Certificate from Higher Education Loans Board (HELB).

TERMS OF EMPLOYMENT
The appointment will be for a fixed contract term of 3 YEARS renewable subject to satisfactory
performance evidenced by continuous achievement of performance targets.

APPLICATION INSTRUCTIONS
Application packages in a sealed envelope which include a cover letter, detailed CV and
certified copies of certificates and testimonials should be hand delivered and placed in
the delivery box outside Customer care’s office or sent by post or courier to: -

The Managing Director
Nyandarua Water and Sanitation Company,
P.O. Box 164- 20300,
Nyahururu.

Note:
- The Vacancy number should be clearly marked on the left top corner of the outer
envelope of the application package.
- Only shortlisted candidates will be contacted.
- Canvassing in any way will lead to automatic disqualification.
- Include your current gross remuneration on the cover letter.

CLOSING DATE: (3RD December 2025, 17:00 Hours)