The Sacco Societies Regulatory Authority (SASRA), a State Corporation with a mandate to License, Supervise and Regulate Sacco Societies in Kenya seeks to recruit a qualified person for the following position.

Internal Audit & Risk Manager

Ref: SASRA 2/1 (60)

This is a senior position and the holder will be advising the Board and management on risk management, monitor compliance and internal control systems.

Key Duties and Responsibilities
  • Develop and maintain a sound audit manual detailing audit practices, procedures and standards.
  • Plan and execute operational, information system and other investigative audits.
  • Monitor compliance with the law, the regulations, policies and procedures with respect to the Authority’s operations in the course of discharge of its mandate.
  • Appraise the effectiveness and efficiency of financial, information systems and administrative controls.
  • Monitor status of the implementation of approved audit recommendations.
  • Develop risk and compliance framework on the Authority’s overall risk management strategies and annual work plans.
  • Undertake risk assessment and make necessary recommendations.
  • Train and create awareness throughout the organization on risk identification and management.
  • Coordinate the activities of the Authority’s Risk and Audit Board Committee in consultation with the office of the CEO.
Minimum qualifications, Experience and Skills
  • First degree in business related field from a recognized university.
  • Certified Public Accountant CPA (K) and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
  • Certified Information Systems Auditor (CISA) and OR Certified Internal Auditor (CIA) qualifications and membership to the respective professional body.
  • At least five (5) years relevant experience, three (3) of which must be in a senior Audit position in well established institution or public sector set up.
  • Be well versed with International Standards on Auditing (ISA’s) and International Standards of Supreme Audit Institutions (INTOSAI) as well as strong background of computerized financial management.
  • Regulatory knowledge in the financial sector will be an added advantage
SASRA is an equal opportunity employer, Interested candidates should submit their applications enclosing detailed CV, current position, current salary, 3 referees and their contact email address and telephone numbers quoting the reference above to:

The Chief Executive Officer
Sacco Societies Regulatory Authority
P.O. Box 25089–00100
Nairobi

To reach us not later than 28th September, 2011

Note: Only short listed applicants will be contacted and canvassing shall lead to automatic disqualification

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