Sacco Internal Audit & Risk Manager

Our client, a Deposit Taking Sacco regulated by the Sacco Societies Regulatory Authority (SASRA) and based in Nairobi, is seeking to recruit a qualified and highly motivated individual for this position.Reports to: Board of DirectorsTo provide independent and objective assurance on the effectiveness of the SACCO’s governance, risk management and internal control systems. The role will identify and assess key operational, financial and compliance risks, recommend practical measures to strengthen controls and safeguard the SACCO’s assets and interests, support a strong risk-aware culture, and ensure compliance with applicable regulatory requirements, policies and best practices.The Internal Audit and Risk Manager will be responsible for:Preparing and implementing annual audit plans.Initiating and maintaining internal audit control systems for effective utilisation of the Society’s resources.Designing and executing internal audit functions in accordance with conventional audit guidelines and best practices.Undertaking systems audits to ensure adequate system and information security.Assessing the reliability and integrity of the SACCO’s financial and operating information and compliance with operating policies and procedures.Reviewing and reporting on the adequacy of the SACCO’s internal control framework.Reviewing and reporting on compliance with internal procedures and regulatory standards.Assessing the adequacy of laid-down operational procedures and advising management appropriately.Reviewing and reporting on the implementation status of prior audit recommendations.Conducting special investigations as required by the SACCO from time to time.Liaising with external auditors to enhance efficiency and effectiveness.Verifying transaction vouchers to determine authenticity, accuracy and correctness.Preparing periodic audit reports for the Board.Applicants must:Hold a Bachelor of Commerce degree or its equivalent from a recognised university.Be a...