Tasks and Responsibilities
- Assist in developing internal audit strategies, policies, and manuals detailing the audit procedures
- Assist in developing, implementing, and reviewing the internal audit charter
- Assist in developing an internal audit work plan and budget for each financial year
- Participate in preparation of the periodic audit reports for presentation to the senior management and the Audit Committee of the Board.
- Check the accuracy and reliability of accounting records by analyzing systems and internal controls
- Verifying cash transactions carried out to ensure they are duly authorized and well documented
- Carry out surprise cash count and other treasury cash management checks.
- Continuously identify idle assets and make recommendations
- Regularly review and report on completeness and accuracy of the Sacco data
- Follow up on the implementation of previous audit recommendations
- Assist in the execution of the Sacco compliance, fraud, and risk assessments by identifying the key risks and assessing mitigating controls to determine the risk profile for the Sacco
- Assist in the development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures
- Review the SACCO’s operations to ensure they meet all regulatory requirements set under the SASRA guidelines.
- Conduct risk assessments for proposed and existing products
Minimum Qualifications and Skills
- A degree in finance or a related field
- CPA III/ACCA qualification
- Three (3) years working experience in a finance function with a minimum 2 years auditing experience in a Deposit Taking Sacco
- CISA certification added advantage
- A firm understanding of internal auditing standards and application
- Knowledge and effective application of all relevant Sacco policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks
- Organized; able to work both independently and in a team setting
- Interpersonal skills to effectively communicate audit results when required
Method of Application
Interested and qualified? Go to Co-operative Bank of Kenya on forms.office.com to apply
