Internal Auditor

Job Title: Internal Auditor

Direct Line Reporting: Chief Executive Officer (Administrative) / Audit Board (Functional)

Industry Sector: Audit / Financial Services (SACCO)

Gross Salary Structure: Kshs 80,000 - 90,000

Location: Nairobi

Role Overview

We are seeking a highly analytical, ethically grounded Internal Auditor to lead the independent review function for a licensed, medium-sized deposit-taking SACCO. Your primary objective is to evaluate the integrity of financial reporting structures, assess internal control vulnerabilities, and safeguard institutional assets against operational and credit risks. This position bridges independent board-level reporting with operational auditing; you will cross-examine financial statements under international standards, investigate transaction pipelines for compliance deviations, and deliver objective risk mitigations to the Audit Board. The role demands an eagle-eyed financial professional with a strong understanding of statutory regulations governing the cooperative sector in Kenya.

Scope of Responsibilities

Financial Credibility & Asset Verification

• Audit the preparation of financial statements to ensure complete alignment with IFRS, IAS, and the prudential disclosure guidelines of the Sacco Societies Act.
• Review credit appraisal logs and disbursement workflows to verify that loans are fully documented and processed according to institutional policies.
• Inspect the physical existence, valuation updates, insurance coverages, and depreciation policies of all corporate fixed assets.
• Evaluate institutional investment allocations to confirm adherence to regulatory prudential limits and long-term capital safety benchmarks.

Regulatory Compliance & Regulatory Auditing

• Perform continuous operational audits to ensure the SACCO completely complies with the Cooperative Societies Act, Sacco Societies Act, CBK guidelines, and employment laws.
• Evaluate the economic efficiency, cost allocation structures, and resource optimization metrics across all departments to minimize fiscal wastage.
• Maintain comprehensive, indexed working papers and supporting evidence archives for all executed audit projects.

Internal Controls & Segregation of Duties

• Diagnose the architectural design of internal controls, pinpointing procedural vulnerabilities and formulating binding recommendations for improvement.
• Analyze organizational system architectures to verify strict segregation of duties, ensuring no single user can originate and close out financial transactions.
• Audit departmental compliance maps against standard operating procedures to enforce uniform execution across front and back-office teams.

Governance Support & Fraud Detection

• Coordinate directly with external auditors, preparing baseline work-papers and establishing operational independence parameters to optimize external reliance metrics.
• Embed advanced data-driven fraud detection tests into recurring audit routines, investigating allegations, and strengthening preventative protocols.
• Partner with the Board of Directors to shape strategic alignment by presenting unbiased data regarding systemic risks and corporate code of conduct violations.

Professional Requirements

Minimum Entry Criteria

• Academic Foundation: Bachelor’s degree in Finance, Accounting, or a complementary quantitative business field from an accredited university.
• Professional Credentials: Full qualification in CPA-K with active, valid registration status with the Institute of Certified Public Accountants of Kenya (ICPAK).
• Industry Longevity: Minimum of 3 years of progressive internal or external audit experience, derived explicitly from a recognized audit firm or a regulated financial institution.
• Digital Toolkit: High proficiency navigating complex accounting platforms, automated audit tools, and Microsoft Office Suite (advanced Excel processing).

Technical Competencies

• Risk Diagnostics: Advanced capability to identify, estimate, and qualify emerging corporate risks, modeling their probability and bottom-line impact.
• Reporting Articulation: Highly developed technical report-writing and presentation skills tailored for executive boardroom and committee review cycles.
• Investigation Intellect: Unquestionable personal integrity paired with the analytical mindset necessary to decode complex forensic transactions independently.

Perks & Growth

• Boardroom Exposure: Gain elite career exposure by working directly with the Audit Board and executive C-suite directors to shape corporate governance.
• Strategic Autonomy: Command an independent internal audit desk with the systemic mandate to design and deploy modern, risk-based audit universes.
• Portfolio Diversification: Deepen your technical expertise in cooperative finance regulations, high-volume credit risk matrices, and asset tracking.

How to Apply

Please send your CV quoting the job title "Internal Auditor" in the email subject line on or before 8th July 2026.