Assistant Internal Auditor at Co-operative Bank of Kenya

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