Internal Auditor at Nawiri Sacco

DUTIES OF AN INTERNAL AUDITOR

Business Development

• Understand SACCO business growth targets as negotiated with the board especially balance sheet and profit and loss accounts parameters.
• Assess market conditions and identify current and prospective branch opportunities with regards to member recruitment, Credit and Deposit Mobilization.
• Be proactive and build relationships with key persons of influence persons, institutions in the marketplace.
• Present Nawiri image and live the prescribed values.

Internal Audit Tasks

• Preparation of Internal Audit Assessment Reports and Management Letters to the CEO and the Internal Audit Committee.
• Lead in contribution to the improvement or introduction of Internal Audit and related management information systems.
• Provide technical advice on new banking control practices that are appropriate to Nawiri.
• Examine and evaluate the effectiveness and adequacy of the internal control systems.
• Perform a review of the effectiveness and application of risk assessment methodologies and risk management procedures.
• Review financial and management information systems, including the electronic banking services and ICT Security Incidents reports.
• Review financial reports and accounting records for accuracy and reliability.
• Review the methodologies, tactics and techniques of safeguarding assets.
• Carry out an evaluation of Nawiri Capital requirements with reference to the prevailing market conditions and advise the Board on sufficiency and adequacy of capital.
• Assess and evaluate departmental financial operational efficiency including branches.
• Carry out tests on both the functioning of specific internal control procedures and transactions.
• Perform review on established systems for ensuring codes of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies.
• Perform special investigations; and carry out tests on the timeliness and reliability of the regulatory reporting.

COMPLIANCE

• Comply with all professional code of conduct, governance frameworks, human and cultural values of Nawiri.

CUSTOMER SERVICE:

• Assessthe effectiveness of resolve customer/member complaints fully.
• Monitor customer/membersatisfaction levels.
• At all times seek possible solutions for members in line with the SACCO’s policy and advise them accordingly.
• Monitor complaint register to evaluate severity of complains and how they were resolved.
• Provide the members with the highest quality of sought services.

HUMAN AND CULTURE OF PERFORMANCE

• You will train, mentor and coach staff in the Internal Audit department.
• Carry out your duties with integrity and promote and live the prescribed corporate values.
• Strive to achieve your negotiate performance targets.

MINIMUM QUALIFICATIONS

• Must be a holder of a Business related degree (Accounts/Finance) from a recognized University.
• Must be a CPA K holder.
• Must have attained C+ and above in KCSE
• Must be computer literate.
• Must be mature and demonstrates high level of honesty and communication skills (oral and written).
• Have demonstrated high analytical and communication skills.
• Understand Sacco policies and procedures.
• Minimum 3 years’ relevant experience.