Internal Auditor at Co-operative Bank of Kenya

Tasks and Responsibilities  

• Developing internal audit, risk and compliance strategies and manuals detailing the  procedures and best practices 
• Developing, implementing, and reviewing the internal audit charter 
• Developing comprehensive audit programs and audit plans to cover all the activities and  programs 
• Test the institution’s disaster recovery and incidents management programs and advice the  management on areas of improvement 
• Conducting timely risk-based internal audits and advising the board of directors on all audit  matters 
• Assessing the reliability and integrity of financial, operating procedures and compliance with  set policies 
• Economic efficiency and effectiveness in utilization of the Sacco’s resources
• Providing practical solutions to improve overall efficiencies and enhance internal controls
• Monitoring the level of compliance with laws, rules, regulations, policies, processes, and  procedures 
• Conducting investigation on suspected internal fraud and corruption 
• Proactively keeping the board of directors and management aware of emerging trends  regarding internal controls, risk management, governance and internal auditing
• Preparing and presenting accurate internal audit reports to the board of directors monthly,  review and follow up on agreed issues 
• Liaising with external auditors when audits are undertaken 
• Providing support, technical and secretarial services to the supervisory committee in the  performance of its duties under these regulations and the Cooperative Societies Act 1997
• Promoting the highest standards of ethics and standards in the Sacco Society based on the  principles of integrity 
• Developing in collaboration with the Board, implementing, reviewing and advising on  effectiveness of the risk management framework and policies 
• Provide guidance on emerging operational, legal and regulatory compliance matters 

Minimum Qualifications and Attributes  

• A degree in finance or related field 
• A Master’s degree in Commerce, Business Administration, Finance, Accounting or any other  relevant field of study will be an added advantage 
• CPA – K/ACCA qualification 
• Five (5) years of working experience in a finance function with a minimum 3 years of auditing  experience in a senior position in a Deposit Taking Sacco 
• Membership in a professional body with good standing
• CISA certification 
• 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
• Ability to identify solutions that effectively address business and control needs
• Interpersonal skills to effectively communicate audit results to functional heads and other  stakeholders