Corporate Staffing Services is recruiting an Internal Auditor position for a deposit-taking Sacco. The salary for the role is Ksh 80,000 – 90,000 monthly. The job is based in Nairobi. Proficiency in risk analysis, financial auditing, and CPA-K certification is required.
Our
Client is a licensed deposit taking medium sized Savings and credit
Co-operative Society with its head office in Nairobi County and a membership
spread across the country. They are looking to recruit suitably qualified Internal
Auditor who shall be responsible for coordination of the operations of
the Internal Audit functions of the Society including:
Key Responsibilities
- Reviewing the credibility and integrity of financial statements. In
performing this function, the internal auditor shall;
- Ensure the financial statements of the Society have been prepared
in accordance with the IFRS, IAS and the Sacco Societies Act. This will
also ensure that all the disclosure requirements in accordance with the
rules and regulations are also met.
- Ensure that the loans of the Society are all documented and the
necessary steps were followed in awarding the loans. The process of loan
awarding should be professional.
- Ensure that the fixed assets of the Society have been safeguarded,
their physical condition is proper, they exist and they are correctly
valued. This includes checking the physical presence, the depreciation
policies and analyzing their effectiveness and whether they are properly
insured.
- Analyse the investments made by the Society to ensure that the
investment policy was followed, the investments are safe, they don’t
exceed such a proportion of the prudential standards that have been set
and such investments have been made for the good of the Society.
- Ensure that the information contained in the financial statements
is complete and reliable for effective decision making.
- The internal auditor checks that all activities done by the Sacco
are in conformity with the existing laws and Regulations. This will entail
the internal auditor ensuring that the Society does not contravene among
others; The Cooperative Societies Act, the Sacco Societies Act, CBK Act,
the labour laws, NSSF Act and other relevant Acts and laws.
- Review the economic efficiency and effectiveness in the utilization
of the Society resources so that its objectives are achieved.
- The internal auditor will also review the adequacy, design and
effectiveness of the Internal Control Systems. This will monitor the
quality of such controls, detect any weakness and provide recommendation
for improvement. To achieve this the internal auditor among others;
- Will check on the organisation chart is well defined and the flow
of authority is well documented. This assists one to track the
responsibilities of different personnel in the Society and any right that
may be granted in accordance with authority.
- Analyse the accounting system being used by the Sacco and ensure
one official cannot originate and complete a transaction. There should be
a well-defined segregation of duties.
- Ensure that the assets of the Society are all documented and they
are well kept. Not all officials of the Society should be able to access
its assets.
- Ensure that every department in the Society has a policy on its
functions; the policy should be complete and is followed in the day to
day operations.
- Assist the Board of Directors in the governance of the Society by
advising on the direction in various issues. These may include;
- Promote the ethics and culture of the Society so that the
institution is held as member focused by concentrating on savings and
credit facilities.
- Ensure that the code of conduct is in place and its conditions are
withheld.
- Assisting the Board of Directors in laying down the strategic
direction of the Society. This can be done by providing feedback on the
limitations of the strategic plan.
- The internal auditor shall act as a link between the external
auditor and the audit committee of the Society. In the event the external
audit is being performed, the external auditor analyses the work done by
the internal auditor, mainly focusing on independence and integrity of the
internal audit function so that they can place some reliance on its work.
- Having fraud detection steps in audit programs; investigating
allegations of fraud, and reviewing fraud prevention controls and
detection processes put in place by management, making recommendations for
improvement and on corrections or enhancements needed to maintain and
improve effective and compliant operations.
- Maintaining files and supporting documentation for audits and other
assignments
- Identifying and qualifying key business risks estimating the
probability of occurrences and the impact on the Society and making
appropriate recommendations
- Any other lawful duties that may be assigned from time to time.
Qualifications:
- Bachelor degree in finance, accounting degree or its equivalent from
a recognized university
- Professional qualification in CPA-K and registered with ICPAK
- 3 years relevant experience in audit preferably from an audit firm
or financial institution
- Judgment and decision-making ability
- Accuracy and attention to detail
- Excellent communication and Interpersonal skills.
- Excellent analytical and audit skills
- Self-driven and work with minimal supervision
- All risk analysis skills
- Advanced report writing and presentation skills
- Good IT skills and Proficient in Microsoft office suite
- Unquestionable integrity
How to Apply
If you are up to the challenge and possess the necessary qualifications and experience, send
your
CV only quoting the job title in the email subject (Internal
Auditor) to jobs@corporatestaffing.co.ke before 15th July 2026
NB:
Only shortlisted candidates will be contacted. If you do not receive any
communication from us within two weeks of your application, kindly consider
your application unsuccessful. We appreciate your interest and thank you for
applying.
Corporate Staffing Service
never asks candidates to pay any money or pay for tests at any stage of the
recruitment process.
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