Description

Ubudasa Sacco Bugesera (USB)

is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of fifteen Umurenge Sacco’s operating within Bugesera District, in accordance with the Government of Rwanda SACCO consolidation framework. USB is duly registered under RCA Certificate No. RGDG0133324 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, USB is authorized to carry out microfinance activities in the Republic of Rwanda.;To achieve its mission and strengthen institutional efficiency, USB is looking externally as well as internally for a qualified, competent, committed, proactive, and self-motivated individual to occupy the following positions:

Key Duties and Responsibilities

Under the supervision and guidance of the Risk Board Committee, Senior Internal Auditor perform the following duties and responsibilities:

• Develop annual, quarterly, and monthly risk-based internal audit plans.
• Oversee and manage all audit and internal control operations within USB.
• 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, Audit Committee, and BNR as required.
• Assess operational, financial, compliance, and liquidity risks facing the institution.
• Review risk measurement mechanisms and stress testing procedures related to liquidity shocks.
• 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 departmental 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 departmental performance reports.
• Perform any other duties assigned by the Board of Directors, Supervisory Board, Audit Committee, or Managing Director in accordance with applicable laws and regulations.

Major Requirements

Main qualifications are:

• Bachelor’s degree in Accounting, Finance, Auditing, Business Administration.
• Master’s degree in Accounting, Finance, Auditing, or Business Administration is highly preferred.
• Candidates with First Class or Upper Division qualifications are highly preferred.
• Minimum of Three (3) years of experience in senior management 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.

Required Application Documents:

Applicants must submit the following documents:

• Application letter addressed to the Chairperson of the Board of Directors.
• Updated Curriculum Vitae (CV) with at least three (3) professional referees and their contact details.
• Copies of certified academic certificates.
• Copy of National ID.
• Certificates of service rendered or previous employment certificates proving relevant experience.
• Applications must be submitted in soft copy as one single combined PDF document to the following email address: ubudasasaccobugesera@gmail.com
• The subject of the email must clearly indicate the position applied for: “Application for .............................. Position.”
• Deadline for submission: 1st July, 2026 at 4:00 PM.
• Late applications will not be accepted.
• Only shortlisted candidates will be contacted for the next stage of the recruitment process.