Internal Auditor Job in Kenya

Our client, a rural based SACCO in Nakuru County, wishes to recruit suitably qualified and experienced individuals in the following position; 

Internal Auditor 

Ref: SOK/Auditor/08/15

Job Summary:  Reporting to the Board of Directors, the Internal Auditor shall ensure that the SACCO’s operational and accounting policies and procedures are followed by the management and staff. Manage the internal audit function; Executing audit engagements within specified time budgets to accomplish the internal audit plan ensuring reliability and integrity of information and compliance with policies. 

Duties and Responsibilities:

Internal Controls

  • Evaluate and task systems and controls to determine their adequacy and effectiveness to ensure:
  1. effective, efficient and economic use of the SACCO resources,
  2. reliability and integrity of information, and
  3. Compliance with policies.
  • Identify business risks, systems and control weaknesses, and deficiencies in policies and procedures.
  • Develop and discuss audit findings and recommendations with CEO and senior managers and agree on a timeframe for corrective action.
  • Advise management on non-compliance operations.
  • Carry out special and audit assignment and investigations.
  • Keep internal control procedures updated.
  • Oversee implementation of controls of operational and accounting policies and procedures.
Internal Audit
  • Prepares an overall comprehensive audit plan for the Sacco as regards the nature, extent and timing of the audit activities.
  • Update and communicate audit programmes changes in consultation with CEO and Chair of Audit Sub-committee and the Supervisory Committee to ensure adherence with internal audit standards.
  • Prepare internal audit reports and present to the CEO, Audit Subcommittee and the Supervisory Committee
  • Checking the internal controls of the society and gauging their strengths and weaknesses and ensure timely implementation of audit recommendations.
  • Co-operate with external auditors on matters regarding internal control and any other matters arising from their work
  • Checking the loans paid to ascertain that the society's relevant policies and procedures are followed
  • Checking monthly and final financial statements to ascertain their accuracy and completeness
  • Conducting impromptu visits in the cash office and Front Office to ensure that all operations procedures are complied with.
Job specification:
  • Accounting; Reporting Skills; Credit skills; Customer Service and public relations;
  • Deadline-Oriented, Project management; Attention to Detail, Confidentiality,
  • Analytical and problem solving skills and Knowledge of SASRA regulations.
Qualifications

The incumbent will be required to possess the following qualifications, attributes and skills:
  • Bachelor Degree in Business related course
  • Be a registered Certified Public Accountant CPA(K)
  • A diploma in Co-operative Management will be an added advantage.
  • Have at least 5 years practical experience in a busy financial institution with 2 years in a Senior Management Position. (preferably financial institution)
  • Computer literate
  • Minimum C+ in KCSE
  • Possess excellent interpersonal communication and motivational skills.

Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum Vitae accompanied by copies of certificates and testimonials indicating the current remuneration and expected salary by email to Co-opconsultancy@co-opbank.co.ke quoting the job reference as the subject header “SOK/Auditor/08/15” by 22nd August 2015.