Internal Audit

Key Responsibilities

• Develop and implement annual audit plans and ensure routine audits are carried out as approved.
• Assess the adequacy, effectiveness, and efficiency of internal controls, policies, and procedures across SACCO operations.
• Review compliance with the SACCO Societies Act, IFRS, IAS, prudential standards, internal policies, and other applicable regulations.
• Audit financial statements, transactions, balances, documentation, and authorization processes to ensure accuracy, completeness, and compliance.
• Identify risks, control weaknesses, loopholes, fraudulent or suspicious transactions, and recommend appropriate corrective measures.
• Review credit processes, investments, fixed assets, resource utilization, and accounting systems to ensure proper controls and safeguards are in place.
• Prepare and present timely audit reports with recommendations to management, the supervisory committee, and other relevant authorities.
• Update risk and compliance frameworks, maintain the SACCO risk register, and support implementation of risk mitigation measures.
• Conduct investigations and special audits as may be assigned by management or relevant committees.
• Provide technical support and secretarial services to the supervisory committee in consultation with the Chief Executive Officer.
• Participate in preparation of management reports, audit committee reports, and strategic planning activities as required.
• Perform any other duties assigned from time to time.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
• CPA (K) qualification is mandatory.
• Membership in ICPAK and/or the Institute of Internal Auditors (IIA) will be an added advantage.
• Minimum of two (2) years’ relevant experience, preferably in SACCO operations or a financial institution.
• Experience with Microsoft Navision system will be an added advantage.

Competencies and Key Attributes

• Strong analytical and problem-solving skills.
• High level of integrity, confidentiality, and attention to detail.
• Excellent communication, interpersonal, and report writing skills.
• Good knowledge of SACCO operations, audit standards, and regulatory requirements.
• Computer literacy and ability to work with accounting and audit systems.
• Ability to work independently, meet deadlines, and provide practical recommendations.

End Date 11th August 2026