Internal Auditor

Key Responsibilities

1. Audit Planning & Execution

• Develop and implement annual internal audit plans.
• Conduct risk assessments and identify areas requiring audit attention.
• Perform operational, financial, and compliance audits across all departments.
• Evaluate the effectiveness of internal controls and recommend corrective actions.
  

2. Financial & Operational Reviews

• Review financial statements, loan documentation, branch operations, and credit processes.
• Verify accuracy of financial records, transactions, and reporting.
• Assess lending procedures, loan approvals, disbursements, and collections compliance.
• Monitor adherence to regulatory and statutory requirements.

3. Reporting & Recommendations

• Prepare detailed audit reports highlighting findings, risks, and recommendations.
• Present audit results to senior management and follow up on corrective actions.
• Track implementation of audit recommendations to ensure compliance.
  

4. Risk Management & Controls

• Identify process gaps, fraud risks, and irregularities within operations.
• Provide guidance on strengthening internal controls, fraud prevention, and cost efficiency.
• Support management in enhancing risk management frameworks

5. Compliance

• Ensure compliance with internal policies, audit standards, and regulatory guidelines.
• Conduct investigations where fraud or misconduct is suspected.
• Ensure branches and teams adhere to credit policies, operational procedures, and reporting standards.

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• CPA,ACCA, CIA, or relevant professional certification (mandatory or in progress).
• Minimum 5 years’ auditing experience, preferably in microfinance, credit institutions, SACCO's, banks, or financial services.
• Solid understanding of credit operations, lending processes, and internal control systems.
• Experience in fraud detection, risk management, and compliance audit is an added advantage.
  Key Skills & Competencies
  
• Strong analytical and investigative skills.
• Excellent report writing and presentation abilities.
• High integrity, objectivity, and confidentiality.
• Knowledge of audit tools, accounting systems, and MS Office.
• Attention to detail and strong problem-solving skills.
• Ability to work independently and travel to branches when required.