The Sacco Societies Regulatory Authority

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 address below.

    The Chief Executive Officer

    Sacco Societies Regulatory Authority

    P.O. Box 25089–00100


    To reach us not later than 28th September,

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

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