Internal Auditor

Internal Auditor

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

Industry Sector: Banking / Sacco / Financial Services

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

Location: Nairobi, Kenya

Role Overview

We are seeking an unyielding, analytically gifted Internal Auditor to orchestrate the independent oversight, risk containment, and compliance frameworks of our deposit-taking Sacco. Your primary focus will be to audit financial statement integrity, validating absolute alignment with IFRS, IAS, and the Sacco Societies Act regulations. This position bridges meticulous regulatory tracking with active operational risk management; you will review high-volume loan disbursement pipelines, scrutinize asset registers, evaluate internal security controls, and design comprehensive fraud-prevention matrices. Operating with a dual reporting matrix, you will supply objective feedback loops directly to executive leadership and the Board to shield member capital and optimize operational efficiency.

Operational Functions

Financial Compliance & Statutory Auditing

• Evaluate the credibility, completeness, and balance of corporate financial statements to ensure strict compliance with IFRS, IAS, and Sacco Societies Regulatory Authority (SASRA) guidelines.
• Run random, systematic audits on credit facilities and loan underwriting records to verify professional documentation, credit scoring validity, and adherence to lending policies.
• Audit the valuation, depreciation tracking, safety parameters, and insurance coverage lines of all fixed institutional assets.
• Review corporate investment portfolios, cross-checking capital placements against prudential safety ceilings and long-term member benefit mandates.
• Map operational workflows against the Cooperative Societies Act, CBK Act, NSSF Act, and Kenyan labor laws to protect the institution against legal exposures.

Control Environment & Governance Analysis

• Critique the architecture of internal control systems to identify operational loop-holes, proposing actionable structural remedies to management.
• Audit the institutional organization tree, verifying clear, uncompromised lines of delegation and thorough separation of transaction processing duties.
• Perform operational sweeps across departmental pods to ensure that written workflows are actively integrated into daily routines.
• Assist the Board of Directors in strategic forecasting by pointing out limitations, risks, or resource bottlenecks within active business plans.
• Guard the ethical architecture of the institution by verifying that corporate code of conduct parameters are actively enforced across all branches.

Risk Management & Fraud Mitigation

• Design and execute responsive fraud detection algorithms within regular audit programs to isolate structural vulnerabilities or financial anomalies.
• Investigate internal fraud allegations, drafting detailed diagnostic reports and corrective action blueprints for management review.
• Chart complete business risk registers, computing the probability metrics and potential financial impacts of market, credit, and operational hazards.
• Organize, index, and secure transparent working paper files and supporting evidence folders for every completed audit assignment.
• Coordinate technical data shares and act as the principal operational liaison between external regulatory auditors and the Board Audit Committee.

Skills & Experience Required

Minimum Entry Criteria

• Academic Foundation: Bachelor’s degree in Finance, Accounting, Economics, or a closely matching business-focused discipline from a recognized institution.
• Professional Certification: Full CPA-K qualification with valid, active registration and licensing from the Institute of Certified Public Accountants of Kenya (ICPAK).
• Industry Background: Minimum of 3 years of progressive, verifiable experience executing financial or systems audits, preferably drawn from a dedicated audit firm or a regulated financial institution (Sacco, Microfinance, or Bank).
• Technical Software Literacy: Advanced capability using modern Core Banking Software, automated audit tools, and the Microsoft Office suite (specifically heavy data manipulation in Excel).

Core Competencies

• Investigative Intuition: Superior analytical capability to break down complex financial records, trace transactional footprints, and extract root issues.
• Objective Fortitude: Uncompromising personal integrity paired with the professional confidence to voice compliance anomalies objectively to executive tiers.
• Articulate Reporting: Highly polished reporting capabilities, capable of translating complex risk metrics into scannable, high-impact board presentations.

Job Vacancy Perks

• Strategic Influence: Command an independent oversight function that interfaces directly with executive governance, steering the protective policies of a national financial cooperative.
• Regulated Sector Mastery: Deepen your expertise in deposit-taking compliance, building a premier professional profile within East Africa's highly competitive financial services industry.
• Structural Accountability: Drive corporate culture from a position of absolute trust, building clean operational environments that directly protect community savings.

Way to Apply

Please email your CV to the recruiting agency, ensuring you quote the exact title "Internal Auditor" in the email subject line on or before the closing date of Wednesday, 22nd July 2026.