Development Bank of Kenya Auditor Job.

Development Bank of Kenya seeks to recruit a competent, professional and experienced firm of auditors to offer the services of external audit.

The function reports to the Audit committee of the Bank and the Controller and Auditor General.

Duties and Responsibilities
The Firm’s responsibilities entail but are not limited to the following:

* Conducting independent audit of the Bank , in line with International Standards on Auditing.
* Conducting Audit reviews in line with Central Bank of Kenya requirements
* Adequate planning and performing procedures to obtain audit evidence on amounts and disclosures in financial statements
* Evaluating and advising Management and the Board on the adequacy of internal Controls and procedures in place
* Reviewing Financial Statements prepared by management and the Board in order to ensure that such financial statements comply in all respects with International Financial Reporting Standards
* Giving an opinion to the Controller and Auditor General as to whether proper books of accounts have been kept and the accompanying financial statements prepared by management and the Board give a true and fair view of the financial position of the Bank.
* Preparation and review of statements that may from time to time be required by the Central Bank of Kenya.

Key Competences:
The desired firm should have the following qualifications as the minimum requirements to carry out the Job:

1. It should have experienced professionals capable of carrying out annual audit within required time lines in conformity with international standards on Audit and International Financial Reporting Standards
2. Its partners must be of good standing with the Institute of Certified Accountant of Kenya (ICPAK)
3. The firm must have audited other banks in the recent past
4. The Firm and its Partners should not have been liable to any disciplinary action from any professional body in the last five years.
5. Offer proof that there has been no evidence of professional misconduct registered against the firm and or any of it partners in performing duties on other firms

Request for Proposal
If your Audit Firm meets the above criteria, please submit a proposal into two sealed envelopes as follows:

* Technical Proposal detailing how you intend to carry out the assignment, the methodology, staff complement and their competencies, indicating how well you meet the above requirements.
* Financial Proposal, which should include the professional fees, the mode of billing and an indication in percentage terms of the contribution of this fees to your overall fees of the firm.

To be considered, your application must be received by 31st December 2010 addressed to:

The Chairman Board Audit Committee
Development Bank of Kenya Ltd.
Finance House,Loita Street
P.O. Box 30483 – 00100 Nairobi

Email: dbk@devbank.com

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