IBAKWE SACCO GATSIBO refers to a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of 14 Umurenge Savings and Credit Cooperative (USACCO’s) and now Ibakwe Sacco Gatsibo has 14branches operating within Gatsibo District, in accordance with the Government of Rwanda SACCO’s consolidation framework and under the supervision of the National Bank of Rwanda (BNR) IBAKWE SACCO GATSIBO is looking for qualified, competent, committed, proactive and self-motivated individual to occupy the following position.

Responsibilities or duties

The Senior Internal Auditor is responsible for leading internal audit activities, evaluating risk management and internal control systems, and providing independent assurance and advisory services to improve the IBAKWE SACCO Gatsibo’s operations, compliance, and governance.

Qualifications or requirements 

• Bachelor’s degree in Accounting or Finance.
• Good strategic thinking, with risk and control consciousness.
• Strong analytic skills.
• High attention to detail and excellent analytical skills.
• Excellent communication skills
• Professionalism and integrity.
• Advanced computer skills on MS Office and Core Banking Software.

Experience needed

• Three (3) years of experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices.
• Professional qualification in auditing is an added value;
• Proven knowledge of auditing standards and procedures, laws, rules and regulations.

• To work diligently on the assigned work on time and to produce results.
• To comply with the instructions of the employer or his/her representative.
• To comply with the laws, regulations and decisions of the Cooperative.
• To take good care of and manage the equipment assigned to him/her in his/her work.
• To be at work and to respect working days and hours;
• To maintain confidentiality of work;
• To provide basic identification documents before starting work;
• To follow the principles and rules governing the conduct of the Cooperative's business activities;
• Plans and monitors the day-to-day running of business to ensure efficiency and high quality of work in the department;
• Supervises and supports the staff in their roles of implementing their tasks and responsibilities;
• Participates in all management meetings;
• Creates strategies for the department with senior management;
• Revises and/or formulates all related policies and promote their implementation;
• Oversees compliance with regulations and procedures applicable to the departments;
• Establish the internal control checklist as per Central Bank Regulation in force;
• Submit to the Central Bank on a regular basis an internal audit report as required for by central Bank regulation in force;
• Advising management on compliance with laws, regulations, directives, rules and standards applicable to the Cooperative;
• Assisting management to effectively manage the cooperative’s risk;
• Review the risk measurement and stress testing on future liquidity chocks;
• Educating staff on compliance issues;
• Assessment of the contingency plan to manage liquidity risk;
• Acting as a contact point for compliance queries from staff;
• Oversee the interpretation of laws and regulations if may be outsourced as specific tasks of the Compliance function;
• Manages relationships/agreements with staff, members/ customers and other external partners;
• Prepares timely and detailed reports on financial and operational performance of the department;
• Oversees and manages all audit and internal control operations;
• Ensure the application of the internal control guidelines in order to prevent any malpractices;
• Supports the external auditors during their mission in auditing;
• Develops the audit plan;
• Prepares and deliver timely audit reports;
• Proposes measures to improve the quality of the internal audit;
• Report functionally to the Audit committee and administratively to the Managing Director;
• Oversight of all operations of IBAKWE SACCO Gatsibo including the operations of staff and elected organs and providing the report to the Supervisory Committee and the Board of Directors and follow up the implementation of all recommendations provided in his/her reports;
• Verify that the resolutions of the IBAKWE SACCO GATSIBO organs (BoD, GAM and SB), instructions from NBR, RCA recommendations are implemented;
• Perform any other tasks requested by the BOD/MD/Supervisory Board.

• Good strategic thinking
• Risk and control consciousness
• Strong analytic skills
• High attention to detail
• Excellent analytical skills
• Excellent communication skills
• Professionalism
• Integrity
• Proven knowledge of auditing standards and procedures, laws, rules and regulations
• Advanced computer skills on MS Office and Core Banking Software

• Bachelor’s degree in Accounting or Finance
• Professional qualification in auditing is an added value