Maktaba Regulated Non-WDT-Sacco Society Ltd whose Mission is to mobilize resources and to offer competitive financial services to the members wishes to fill the following vacant position with a result-oriented, dynamic and self-driven person:-Â
INTERNAL AUDITOR
Job Purpose
Reporting to the Board, the Internal Auditor will be responsible for ensuring that all Sacco operations are in compliance with existing legislations, Sacco Rules, Regulations, Policies and Procedures.
S/he will have the overall responsibility to manage the Sacco’s Internal Audit function, providing an independent and objective appraisal of Sacco’s financial, operational and internal control activities.
The position will also provide recommendations for improving these controls and other aspects of the business.
Main duties and responsibilitiesÂ
- Formulating and implementing the internal audit strategy to evaluate the Sacco’s operating standards
- Implement annual audit plan
- Review the implementation of the company policies and procedures to assure compliance with policies and procedures, by-laws and other laws
- Design and execute internal audit functions in accordance with conventional audit guidelines and best practices
- Develop and implement risk management framework, strategies, policies and procedures
- Assessment of the Sacco’s risks, reliability and integrity of financial and operating information and compliance with operating policies and procedures.
- Liaise with external auditors to enhance efficiency & effectiveness.
- Preparing periodic audit reports for the Board
- Conducting ad-hoc and special audits of systems and financial transactions
- Evaluating the financial and operational procedures of adequacy and effectiveness of internal control systems
- Advising the Board on audit, risk and control issues
- Reporting functionally to the audit committee and administratively to the C.E.OÂ
Core Competencies and Skills
- Judgment and decision-making ability
- Accuracy and attention to detail
- Excellent communication and Interpersonal skills.
- Excellent analytical skills
- Self-driven and works with minimal supervision
- Risk analysis skills
- Advanced report writing and presentation skills
- Good IT skills and Proficient in Microsoft office suite
- Unquestionable integrity
Qualifications
- Holder of a Bachelor of Commerce degree or its equivalent from a recognized University
- Is a CPA (K) and member in good standing with ICPAK
- A minimum of 3 years of relevant experience
- Prior experience and exposure in the Sacco sector desired
- Computer proficiency in MS Office Suite and specialized accounting software.Â
Interested candidates who meet the above criteria must submit a detailed updated CV; copies of relevant certificates/testimonials; application/cover letter demonstrating how they qualify for the relevant position and names/contact information for three (3) referees. Via email [email protected] on or before 15th November 2022.
Learn More about Maktaba Sacco www.maktabasacco.com
