We are seeking a highly motivated individual to fulfill a dynamic role encompassing a wide range of critical responsibilities and duties. The position requires a proactive approach to managing complex tasks, ensuring seamless operations and adherence to established protocols. Key accountabilities include overseeing project execution, collaborating with cross-functional teams, and maintaining rigorous compliance with industry standards. Additionally, the role demands exceptional problem-solving skills, meticulous attention to detail, and the ability to prioritize competing demands in a fast-paced environment. Candidates must possess a proven track record in a similar capacity, along with the requisite technical expertise and professional certifications where applicable. Strong communication and interpersonal abilities are essential to foster productive relationships with stakeholders at all levels.
Overseeing the Sacco’s Internal Audit, Risk Management, and Compliance functions, playing a pivotal role in strengthening the corporate governance framework through rigorous internal audit activities.
Crafting comprehensive strategies and manuals for internal audit, risk management, and compliance, including detailed procedures and best practices.
Crafting, executing, and evaluating the internal audit charter constitutes the primary responsibilities associated with this role.
Crafting thorough audit programs and strategic plans to encompass all organizational activities and initiatives.
Evaluate the institution’s disaster recovery and incident management programs, identifying opportunities for enhancement and providing strategic recommendations to senior leadership.
Performing risk-oriented internal audits in a timely manner and providing the board of directors with comprehensive counsel on all audit-related issues.
Evaluating the dependability and accuracy of financial, operational processes, and adherence to established policies.
Achieving optimal economic efficiency and maximizing the effectiveness of the Sacco’s resource utilization are key priorities. This involves ensuring that all resources are deployed in the most productive and cost-effective manner to support the organization’s strategic objectives and operational goals.
Offering actionable strategies to bolster operational efficiencies and strengthen internal control mechanisms.
Proactively evaluate, measure, and track financial, operational, and strategic risks to ensure comprehensive oversight and mitigation.
Create and sustain a comprehensive risk management framework to systematically identify, assess, and mitigate organizational risks.
Provide strategic counsel to leadership regarding approaches to minimize and manage risk exposure effectively.
Track risk indicators vigilantly and guarantee the submission of reports in a timely manner.
Ensure SACCO operations fully adhere to SARA regulations, by laws, and all applicable statutory requirements.
Perform compliance audits and ensure the implementation of corrective measures.
Stay informed of evolving regulations and provide timely guidance to leadership on their implications.
Provide comprehensive training to employees on compliance obligations and ethical guidelines to ensure adherence to regulatory standards and organizational values.
Offer administrative assistance to the Audit and Supervisory Committees by managing their secretariat functions.
Engage collaboratively in the development of strategic initiatives and the establishment of organizational policies to drive long-term objectives and ensure compliance with governance standards.
Provide strategic guidance to senior leadership regarding governance principles and internal control mechanisms.
Cultivate an environment characterized by accountability and transparency.
Maintain vigilance to detect potential instances of fraudulent activity or misconduct, ensuring prompt identification and intervention.
Investigations should be carried out, and measures to prevent future occurrences should be proposed.
Develop and execute programs focused on fraud awareness and detection to mitigate risks and enhance security measures within the organization.
Minimum qualifications include a bachelor’s degree in computer science, information technology, or a related field, along with at least three years of professional experience in software development or a closely related discipline. Proficiency in multiple programming languages, such as Python, Java, or C++, is required, along with a strong understanding of data structures, algorithms, and system design principles. Additional requirements encompass experience with version control systems like Git, familiarity with cloud platforms (e.g., AWS, Azure, or Google Cloud), and the ability to collaborate effectively within cross-functional teams. Strong problem-solving skills and a commitment to continuous learning are also essential for success in this role.
A recognized degree in Accounting or a related field, specifically a Bachelor of Commerce, along with a CPA (K) qualification or ARCA certification, is required.
CISA (Certified Information Systems Auditor) certification, along with CFE (Certified Fraud Examiner), serves as a valuable asset.
Preferably, you should be an active member in good standing with IC PAK or an equivalent professional organization.
Seeking a candidate with at least five years of audit experience, ideally gained within a dynamic organizational setting such as a Sacco or financial institution.
Proficient in SARA regulations and risk management frameworks, with a deep understanding of their applications and implications.
Proficient in strategic planning, problem-solving, and analytical thinking, with a strong aptitude for team leadership and stakeholder management. Demonstrated expertise in process optimization, data-driven decision-making, and performance monitoring. Exceptional communication and interpersonal abilities to facilitate collaboration across departments and senior leadership. Adept at managing multiple priorities, adapting to evolving business needs, and driving operational efficiency. Experience in budget oversight, risk assessment, and compliance with industry regulations is essential.
Proficient in utilizing computer applications, with a particular emphasis on accounting software and systems.
Have established a proven track record of excellence in auditing, demonstrating both merit and proficiency in the field.
Proficiency in diverse Sacco software systems is considered a beneficial qualification.
Proficiency in navigating the regulatory frameworks established by Sacco Societies Regulatory Authority (SARA) and other relevant stakeholders is required.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
5 years
