Summary
Date Posted: Monday, October 24, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Assistant Internal Auditor

REF: AI/10/22

Key Responsibilities
• Determining internal audit scope for the Sacco and developing annual plans.
• Assist in the Preparation of a comprehensive audit plan for the Sacco as regards the nature, extent and timing of the audit activities.
• Checking the internal controls of the Sacco and gauging their strengths and weaknesses.
• Recommending changes on how the Sacco is working so as to have the internal controls in place to safeguard the Sacco assets.
• Checking the societies’ operations efficiency and effectiveness and recommending changes in areas, which are inefficient and ineffective.
• Checking the costs as per the vote and the suitability of such expenditure.
• Performing duties, which would require investigations, or other ad hoc duties such as quantifying losses for court cases.
• 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.
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
• Prepare and present reports that reflect the audit’s results and document process.
• Act as an objective source of independent advice to ensure validity, legality and goal achievement.
• Identify loopholes and recommend risk aversion measures and cost saving.
• Maintain open communication with management and the audit committee
• Document process and prepare audit findings memorandum
• Conduct follow-up audits to monitor management’s interventions
• Engage in continuous knowledge development regarding the sector’s rules, regulations, best practices, tools, techniques, and performance standards.
• Checking the information system controls and ease and suitability of use by the society staff and recommend necessary measures to be undertaken to ensure its profitable use.
• Maintain working relationships and enforce SLAs within departments to ensure timely communication and delivery of service to customers.
• Continuously seek professional training to enhance the quality of work.
• Assist colleagues through the contribution of technical opinions and analysis to solve issues.
• Endeavor to be a team player through work collaborations, sharing of new business ideas and mentoring new team members.

Qualifications
• Bachelor’s Degree in Finance & Accounting or related degree from a recognized University.
• Must-Have CPA or ACCA qualifications.
• Must be a Bonafide member of the Institute of Internal Auditors (IIA) or ICPAK.
• Must have Certification in Risk Management & Systems Audit from a reputable body.
• Professional certification in Internal auditing from a reputable body like (IIA) is an added advantage.
• Proven 5 years of related work experience in a financial institution is an added advantage
• Experience with an organization implementing ISO 9001:2015, Quality Management System Standard is an added advantage.
• Minimum KCSE C+ mean grade.
• A Master’s degree is an added advantage.
• Other professional qualifications are an added advantage.

Key Skills and Competencies
Essential Knowledge/Skills Required:
• Outstanding organizational and leadership abilities
• Advanced computer skills in MS Office, accounting software and databases
• Proven knowledge of auditing standards and procedures, laws, rules, and regulations
• Attention to detail and excellent analytical skills
• Sound independent judgment
• Aptitude in decision-making and problem-solving
• Report writing and presentation skills
• A solid grasp of data analysis and performance metrics
• Current information on the Sacco’s business and financial affairs
• High level of professionalism and integrity

Desirable Knowledge/Skills and Experience Required:
• Ability to manipulate large amounts of data and compile detailed reports
• Strong communication and interpersonal skills
• Assignment planning and project management skills
• Good personal judgment
• Self-confident and motivated
• Initiative and innovation


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

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