We are seeking a highly motivated professional to oversee a range of critical duties, ensuring operational excellence and strategic alignment. In this role, you will be tasked with managing key responsibilities, including [insert key responsibility 1], [insert key responsibility 2], and [insert key responsibility 3]. Additionally, you must effectively execute [insert responsibility 4], demonstrating strong leadership and problem-solving skills. The position demands meticulous attention to detail, exceptional organizational abilities, and the capacity to collaborate seamlessly with cross-functional teams. Applicants should possess [insert required skill/experience 1], [insert required skill/experience 2], and [insert required skill/experience 3] to excel in this challenging yet rewarding environment.
Overseeing the Sacco’s Internal Audit, Risk, and Compliance functions, this role plays a pivotal part in the corporate governance framework by executing internal audit activities.
Formulating internal audit, risk management, and compliance frameworks along with comprehensive manuals that outline procedural guidelines and recommended best practices.
Crafting, executing, and evaluating the internal audit charter represents a core responsibility within this role.
We design thorough audit programs and strategic plans to encompass all organizational activities and initiatives.
Evaluate the institution’s disaster recovery and incident management programs, providing strategic recommendations to enhance their effectiveness and resilience to senior management.
Conducting risk-focused internal audits in a timely manner and providing strategic guidance to the board of directors on all relevant audit issues.
Evaluating the dependability and accuracy of financial and operational processes, as well as adherence to established policies, constitutes a critical aspect of this role.
Striving for optimal economic efficiency and effectiveness in the utilization of the Sacco’s resources.
Delivering actionable strategies to optimize operational efficiencies and strengthen internal control frameworks.
Evaluate financial, operational, and strategic risks by identifying, analyzing, and tracking their potential impact on the organization.
Design and uphold a comprehensive risk management framework to identify, assess, evaluate, and mitigate potential risks across all organizational operations effectively.
Provide strategic guidance to leadership regarding approaches to minimize organizational risks.
Track risk indicators vigilantly and facilitate prompt reporting to relevant stakeholders.
Ensure SACCO operations fully adhere to all SARA regulations, governing by laws, and applicable statutory mandates to maintain compliance and operational integrity.
Perform compliance audits and ensure the implementation of corrective measures.
Stay informed about updates in regulations and provide timely guidance to leadership to ensure compliance and strategic alignment.
Provide comprehensive training to staff members on compliance obligations and ethical guidelines to ensure full adherence to established standards.
Offer administrative and clerical assistance to the Audit and Supervisory Committees to ensure efficient and organized operations.
Engage actively in the development of strategic plans and the establishment of organizational policies to guide decision-making and operational direction.
Provide strategic guidance to leadership regarding governance frameworks and internal control mechanisms.
Cultivate an environment rooted in accountability and openness, ensuring every action and decision is clearly communicated and responsible.
Vigilantly assess transactions and activities to detect any indications of fraudulent behavior or misconduct, ensuring compliance with established policies and regulatory standards.
Perform thorough investigations and propose strategic preventive measures to mitigate potential risks and enhance operational efficiency.
Develop and execute programs aimed at raising awareness about fraud and enhancing detection capabilities.
Minimum educational prerequisites include a bachelor’s degree in a relevant field or commensurate professional experience. Candidates must possess at least three years of hands-on experience in a comparable role, with a proven track record of delivering measurable outcomes. Proficiency in industry-standard software and tools is required, along with strong analytical and problem-solving abilities. Excellent communication skills, both written and verbal, are essential for collaborating with cross-functional teams and stakeholders. The ability to manage multiple priorities in a fast-paced environment is also necessary.
A Bachelor of Commerce in Accounting or a related field, coupled with a CPA (K) qualification or ARCA certification, is required.
CISA (Certified Information Systems Auditor) and CFE (Certified Fraud Examiner) credentials are highly beneficial.
Ideally, the candidate should hold active membership in IC PAK or a comparable professional organization.
Requires a minimum of five years of audit experience within a dynamic organizational setting, ideally within a Sacco or financial institution.
Demonstrates comprehensive understanding of SARA regulations and robust expertise in risk management frameworks.
Proficient communication abilities, both written and verbal, are essential for effectively collaborating with cross-functional teams and stakeholders. Strong problem-solving aptitude enables you to analyze complex challenges and develop innovative solutions. Demonstrated expertise in project management ensures timely execution and adherence to strategic objectives. Familiarity with industry-specific tools and technologies enhances operational efficiency. A commitment to continuous learning fosters adaptability in a dynamic work environment. Leadership qualities inspire and motivate teams to achieve exceptional results.
Proficient in utilizing computer applications, with particular expertise in accounting software and systems.
Have shown a strong track record of excellence and proficiency in auditing practices.
Proficiency in multiple Sacco software systems is advantageous.
Demonstrates a thorough understanding of Sacco, SARA, and other relevant stakeholders’ regulatory frameworks and compliance requirements.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
5 years
