SACCO Internal Auditor

Educational Background:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  
• Certified Public Accountant (CPA-K) and a Member of ICPAK in good standing.
  
• Professional certification such as Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or equivalent will be an added advantage.
  

Experience:

• Minimum of 4 years of relevant experience in internal auditing, external auditing, or a similar financial role.
  
• Experience working in a cooperative or financial institution will be advantageous.
  

Skills:

• Strong analytical and problem-solving abilities.
  
• Excellent written and verbal communication skills.
  
• Proficiency in auditing software and Microsoft Office Suite.
  
• Knowledge of auditing standards and practices.
  

Personal Attributes:

• High ethical standards and professionalism.
  
• Attention to detail and a commitment to quality work.
  
• Ability to work independently and as part of a team.
  
• Strong organizational skills with the ability to manage multiple priorities
  

Audit Planning and Execution:

• Develop and implement annual audit plans based on risk assessments.
  
• Conduct audits across various departments, including financial, operational, and compliance audits.
  
• Review processes to identify weaknesses and recommend improvements.
  

Reporting and Documentation:

• Prepare comprehensive audit reports outlining findings, risks, and recommendations.
  
• Present findings to the Supervisory Committee and relevant stakeholders.
  
• Maintain accurate records of audits performed, findings, and the status of corrective actions.
  

Risk Management:

• Assess and evaluate the effectiveness of internal controls.
  
• Identify potential risks to the Sacco’s operations and develop strategies to mitigate them.
  

Compliance:

• Ensure adherence to legal and regulatory requirements relevant to the Sacco’s operations.
  
• Monitor changes in laws and regulations, advising the management and Supervisory Committee accordingly
  

Collaboration and Advisory:

• Work closely with the CEO and senior management to provide insights on improving operational efficiency and effectiveness.
  
• Offer guidance on best practices in internal controls and governance.
  

Continuous Improvement:

• Stay updated on emerging trends, best practices, and developments in the audit profession.
  
• Lead initiatives to enhance audit methodologies and procedures within the Sacco.