Background

Akagera Sacco Kayonza (ASK) is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of Tuelve Umurenge Sacco’s operating within Kayonza District, in accordance with the Government of Rwanda SACCO consolidation framework. ASK is duly registered under RCA Certificate No. N° RGDG013385 and licensed by the National Bank of Rwanda (BNR).

In accordance with Law N° 072/2021 of 05/11/2021 governing Deposit-Taking Microfinance Institutions, ASK is authorized to carry out microfinance activities in the Republic of Rwanda.

To achieve its mission and strengthen institutional efficiency, ASK is looking for a qualified, competent, committed, proactive, and self-motivated individual to fill the following vacant position:

JOB ADVERT- SENIOR INTERNAL AUDITOR

To strengthen institutional governance, internal control systems, compliance, and risk management, ASK is seeking to recruit a competent, committed, professional, experienced, and self-motivated Senior Internal Auditor to join the institution.

Reporting Line

The Senior Internal Auditor shall work under the supervision and guidance of the Head of Internal Auditor.

Main Responsibilities

The Senior Internal Auditor will be responsible for the following duties and responsibilities:

Governance, Audit & Compliance Responsibilities

• Develop annual, quarterly, and monthly risk-based internal audit plans.
• Oversee and manage all audit and internal control operations within ASK.
• Establish and monitor internal control checklists in accordance with National Bank of Rwanda (BNR) regulations.
• Ensure compliance with laws, regulations, directives, cooperative policies, IFRS standards, and internal procedures.
• Submit periodic internal audit and compliance reports to management, Supervisory Board, and BNR as required.
• Assess contingency plans related to liquidity and operational risks.
• Advise management on compliance matters, risk exposure, and internal control improvements.
• Ensure implementation of resolutions and recommendations issued by BNR, RCA, Board of Directors (BoD), General Assembly Meetings (GAM), Supervisory Board (SB), and external auditors.
• Monitor the effectiveness of governance systems and segregation of duties.
• Investigate operational irregularities, fraud risks, misappropriation, and internal control weaknesses.
• Conduct special audits and investigations where necessary.
• Verify accuracy and completeness of financial and accounting information.
• Ensure proper recording of shares, deposits, loans, repayments, and interests within the Core Banking System.
• Review completeness and compliance of loan files and credit operations.
• Verify safeguarding and proper utilization of institutional assets and resources.
• Support and coordinate external auditors during audit assignments.
• Maintain proper audit documentation, working papers, and evidence.
• Develop recommendations and follow-up mechanisms for implementation of audit findings.
• Prepare timely audit reports and propose corrective measures to improve internal audit quality.

Leadership & Operational Responsibilities

• Plan and monitor day-to-day activities to ensure efficiency and quality performance.
• Supervise and support audit staff in executing their duties and responsibilities.
• Participate in management and staff meetings where necessary.
• Contribute to development and revision of institutional policies and procedures.
• Promote a culture of compliance, accountability, transparency, and risk awareness across the institution.
• Educate staff on compliance and internal control matters.
• Manage relationships with staff, members/customers, regulators, and external stakeholders.
• Prepare timely operational and performance reports.
• Perform any other duties assigned by the Direct Supervisor, Supervisory Board, or Managing Director in accordance with applicable laws and regulations.

Qualifications & Experience Required

Applicants must meet the following requirements:

• Bachelor’s degree in Accounting, Finance, Auditing.
• Master’s degree in Accounting, Finance, Auditing is highly preferred.
• Full professional qualification CPA, ACCA, CPA, CIA is preferred.
• Minimum of Three (3) years of experience in Similar positions within banking, microfinance institutions, auditing firms, or related institutions; or
• Two (2) years of experience in auditing for candidates holding a Master’s degree.

Additional Information

ASK promotes equal opportunity. All Qualified candidates are encouraged to apply;

No fees or any form of payment shall be required at any stage of the recruitment process;

Benefits and remuneration are competitive and aligned with those offered by other financial institutions.

Experience must be proven by certificates of service rendered from previous employers.

• Develop annual, quarterly, and monthly risk-based internal audit plans.
• Oversee and manage all audit and internal control operations within ASK.
• Establish and monitor internal control checklists in accordance with National Bank of Rwanda (BNR) regulations.
• Ensure compliance with laws, regulations, directives, cooperative policies, IFRS standards, and internal procedures.
• Submit periodic internal audit and compliance reports to management, Supervisory Board, and BNR as required.
• Assess contingency plans related to liquidity and operational risks.
• Advise management on compliance matters, risk exposure, and internal control improvements.
• Ensure implementation of resolutions and recommendations issued by BNR, RCA, Board of Directors (BoD), General Assembly Meetings (GAM), Supervisory Board (SB), and external auditors.
• Monitor the effectiveness of governance systems and segregation of duties.
• Investigate operational irregularities, fraud risks, misappropriation, and internal control weaknesses.
• Conduct special audits and investigations where necessary.
• Verify accuracy and completeness of financial and accounting information.
• Ensure proper recording of shares, deposits, loans, repayments, and interests within the Core Banking System.
• Review completeness and compliance of loan files and credit operations.
• Verify safeguarding and proper utilization of institutional assets and resources.
• Support and coordinate external auditors during audit assignments.
• Maintain proper audit documentation, working papers, and evidence.
• Develop recommendations and follow-up mechanisms for implementation of audit findings.
• Prepare timely audit reports and propose corrective measures to improve internal audit quality.
• Plan and monitor day-to-day activities to ensure efficiency and quality performance.
• Supervise and support audit staff in executing their duties and responsibilities.
• Participate in management and staff meetings where necessary.
• Contribute to development and revision of institutional policies and procedures.
• Promote a culture of compliance, accountability, transparency, and risk awareness across the institution.
• Educate staff on compliance and internal control matters.
• Manage relationships with staff, members/customers, regulators, and external stakeholders.
• Prepare timely operational and performance reports.
• Perform any other duties assigned by the Direct Supervisor, Supervisory Board, or Managing Director in accordance with applicable laws and regulations.

• Bachelor’s degree in Accounting, Finance, Auditing.
• Master’s degree in Accounting, Finance, Auditing is highly preferred.
• Full professional qualification CPA, ACCA, CPA, CIA is preferred.