JOB ADVERT – INTERNAL AUDITORS (2 POSITIONS)
Date: 11th September 2025
Icyerekezo SACCO Nyarugenge (ISN) is the Head Office of all Umurenge SACCOs in Nyarugenge District, merged in December 2024. ISN is duly registered under RCA certificate no. RGDG012866 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, ISN is authorized to carry out microfinance activities in the Republic of Rwanda.
We are seeking to recruit two (2) committed, professional, and competent Internal Auditors to join our institution.
Main Responsibilities
Under the supervision and guidance of the Head of Internal Audit & Compliance, the Internal Auditor will:
- Work diligently on assigned tasks and deliver results on time.
- Comply with instructions of the employer, applicable laws, regulations, and cooperative policies.
- Manage and safeguard work equipment.
- Respect working hours and maintain confidentiality.
- Provide identification documents before starting work.
- Follow principles and rules governing cooperative business conduct.
- Prepare monthly, quarterly, and annual audit plans targeting areas that may cause losses or misuse of assets.
- Ensure internal audit guidelines are followed to prevent errors and malpractice.
- Report operational shortcomings to prevent theft, embezzlement, or misuse of funds.
- Establish a table of audit issues, recommendations, and implementation methods.
- Review internal audit systems for efficiency, identify strengths/weaknesses, and recommend actions.
- Verify compliance with IFRS, BNR regulations, and completeness and reliability of accounting information.
- Ensure all cooperative activities comply with laws and regulations.
- Analyze the efficient and effective use of resources to achieve objectives.
- Monitor problems, determine solutions, and develop preventive strategies.
- Maintain proper audit records and evidence.
- Conduct special audits of funds and verify proper use and authorization.
- Verify accurate recording of shares, deposits, loan payments, and interests in the IT system.
- Review completeness of loan files and ensure proper loan disbursement and repayment processing.
- Confirm that all outstanding debts are recovered as planned.
- Prepare periodic internal audit reports on compliance with procedures and regulations.
- Review bank statements and verify proper protection of assets.
- Monitor implementation of competent authority resolutions.
- Provide advice on irregularities to relevant authorities.
- Submit internal audit plans and reports to supervisors.
- Supervise the work of other employees and implementation of strategic/business plans, action plans, and budgets.
- Timely prevent and disclose conflicts of interest or lack of segregation of duties.
- Perform other duties in accordance with laws, regulations, and instructions of supervisors or senior authorities.
Minimum Requirements
- Bachelor’s degree or Master’s degree in Accounting or Finance.
- At least three (3) years of experience in auditing.
- Thorough understanding of microfinance banking and accounting practices.
- Strong strategic thinking, with risk and control awareness.
- Strong analytical skills and high attention to detail.
- Excellent communication skills, professionalism, and integrity.
- Proven knowledge of auditing standards, laws, rules, and regulations.
- Advanced computer skills (MS Office and Core Banking Software).
- CPA qualification or at advanced level (ICPAR, KSNEB) is an added advantage.
- Professional auditing certification is preferred.
Application Documents Required
- Motivation letter (addressed to the Chairperson of the Board of Directors).
- Resume (CV) with at least three (3) professional referees and their contacts.
- Copies of certified academic degrees.
- Copy of National ID.
- Previous employment certificate(s).
- Professional certificate or membership from ICPAR/KSNEB.
- Any other relevant supporting documents to prove experience and skills.
Submission Guidelines
- Applications must be submitted in hard copies with original documents at:
Head Office of Icyerekezo SACCO Nyarugenge, Nyarugenge District, Nyakabanda Sector, Nyakabanda Cell, Green Corner Building (near Nyakabanda Sector offices). - Deadline: 19th September 2025 at 14:00 PM.
- Late submissions will not be accepted.
- Only shortlisted candidates will be contacted for the next recruitment process.
Additional Information
- ISN promotes equal opportunity. All qualified females, males, and persons with disabilities are encouraged to apply.
- No fees or any compensation will be requested at any stage of the recruitment process.
- Benefits are competitive and in line with other financial institutions.
Best regards,
Dr. Deogratias Mucanzigo
Chairperson of the Board of Directors
Icyerekezo SACCO Nyarugenge