Primary Responsibilities
Reporting to the Audit Committee of the Board, the Internal Auditor will be responsible for facilitating the achievement of the audit functions objectives which should be consistent with the SACCO’s strategy and business goals.
Key Responsibilities
Formulate and implement internal audit strategies in line with the set business objectives
Conduct periodic independent assessments of the integrity of business processes, levels of compliance within laid down procedures and controls, formulate mitigating strategies and follow through to ensure that solutions are implemented.
Establishing and maintaining internal audit policies, standard and guidelines
Reviewing, evaluating and reporting on adequacy of laid down policies, procedure and controls
Evaluating and advising management and the Board on the adequacy of internal controls and procedures
Ensuring that recommendation by the external auditors and relevant authorities are implemented
Anticipating emerging issues and deciding how best to deal with them
Providing support and guidance to management on how to handle new opportunities
Preparing relevant reports to the Board as well as Management
Managing a variety of stakeholders and their expectations through regular communications.
Experience, Knowledge and Abilities
At least for THREE (3) years and exposure in designing and implementing internal control systems and reporting.
Creative, innovative, excellent communication, teamwork and interpersonal skills and high levels of integrity.
Ability to establish priorities, work independently, and must possess skill in using computer skills
Academic & Professional Qualifications
Bachelor’s degree in Accounting or Finance, CPA (K), ICPAK or IAA (K) member will be a requirement for the suitable candidate.
