Internal Auditor at Rift Valley Cooperative Union (RIVACU LTD)

Internal Auditor at Rift Valley Cooperative Union (RIVACU LTD)

Position: Internal Auditor

Rift Valley Cooperative Union (RIVACU LTD)

Rift Valley Cooperative Union (RIVACU LTD) is a Secondary Cooperative Union  based in Babati, Manyara region. RIVACU Ltd was registered in 1988 under the  Cooperative Act of 1984. RIVACU LTD is currently operating under the Co operative Societies Act No 06 of 2013. 

RIVACU Ltd wishes to invite all suitable and qualified Tanzanian to apply and fill  the following available vacancy: 

INTERNAL AUDITOR (1 Vacancy) *RE-ADVERTISED 

Nature and scope 

The successful candidate will report to the Board of RIVACU Ltd. Administratively  the internal auditor will report to the General Manager. She/He will be responsible  to auditing of financial matters and overall operations of the Union to ensure  effectiveness management of associated risk, internal control and governance  processes.  

Duties and Responsibilities 

• Review and evaluate the adequacy of RIVACU Ltd internal control systems  and develop recommendations for improvements; 
• Monitor the implementation of the internal control system; iii) Review and evaluate the adequacy of RIVACU Ltd risk management iv) framework recommendation for improvement; 
• Perform and control the full audit cycle activities including risk management  and control management over operations’ effectiveness, financial reliability,  and compliance with all applicable RIVACU Ltd policies, directives, and  regulations;
• Examine and inspect activities records, accounting systems, ensure and  procedures relating to Union assets to determine their efficiency and the  degree of resource utilization and make relevant recommendations for  improvement;
• Carry out risk-based audits and performance audits for all RIVACU Ltd areas  of operations;
• Determine the extent of compliance with policies, procedures affecting  financial operations and make appropriate recommendations;
•  Maintain a dashboard of identified risks and ensure monthly and quarterly  reporting;
• Act as the objective source of insight, foresight, and independent advice to  the Board;
• Adhere to the RIVACU Ltd audit charter;
• Perform any other related duties as may be assigned from time to time by  the Board.

Qualifications and Experience 

• A Bachelor degree in one of the following fields: Auditing; Accountancy;  Finance; Commerce or Business Administration majoring in Accountancy or  Finance or equivalent qualifications from recognized institutions;
• A holder of either CPA (T), ACCA or equivalent professional qualifications  recognized by NBAA.
•  At least two (2) years of working experience in a reputable organization in a  senior level position.

Internal Auditor at Rift Valley Cooperative Union (RIVACU LTD)

MODE OF APPLICATION 

RIVACU LTD is an equal opportunity employer. Qualified candidates should apply  in writing to or lodge their applications using the address shown below, enclosing: 

• Application letter showing how they meet the requirements of the position;
• An up-to-date Curriculum Vitae stating name in full, contact address,  telephone numbers and e-mail addresses of the candidate accompanied  with Names and reliable contacts of at least three (3) referees;
• Applicants who studied abroad should attach proof of equivalency  certificates from the Tanzania Accreditation Authorities (TCU, NECTA,  NACTE, etc.); 
• Certified Copies of relevant certificates and a Proof or Evidence of  Nationality; and Transcript and Professional results without certificate will not be considered. 

Closing date: 

Applications should reach the undersigned not later than 4.00 pm on Friday, 5th February, 2025. 

Applicants must indicate the position applied for on top of the envelope with the  application letter. Only shortlisted candidates will be contacted. 

General Manager, 

Rift Valley Cooperative Union (RIVACU) LTD, 

P.O. Box 50,  

Babati – Manyara 

E-mail: [email protected]