Providing independent and objective assurance on the effectiveness of governance, risk management, and internal control systems.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Audit
- Closing Date: 2026-08-28
Key Responsibilities
- Developing and implement risk-based internal audit plans.
- Evaluating the adequacy and effectiveness of internal controls.
- Conducting financial, operational and compliance audits.
Requirements
- Bachelor’s Degree in Accounting, Finance, Business Administration or related discipline.
- Certified Internal Auditor (CIA), CPA or equivalent professional qualification will be an added advantage.
- Registration with the Botswana Accountancy Oversight Authority (where applicable).
- Minimum of three (3) years’ relevant auditing experience.
- Solid knowledge of IFRS, internal auditing standards and governance frameworks.
- Competencies: Enterprise Risk Management, Regulatory Compliance, Analytical and Critical Thinking, Governance and Ethics, Leadership, Report Writing, Communication and Stakeholder Management
How to Apply
About the Company
Thuto SACCOS Limited is a cooperative financial institution deeply rooted in Botswana, structured to serve its members. Operating as a member-owned entity, it delivers crucial financial services to support the economic well-being of its constituents. Eligibility for membership is specifically extended to employees working for the Government of Botswana and various Parastatals across the nation. This targeted approach ensures that Thuto SACCOS effectively caters to the distinct financial needs of Botswana's public sector workforce.
A cooperative financial institution for Botswana's public sector employees.
Website: https://www.thutosaccos.co.bw/
Frequently Asked Questions
What qualifications and certifications are typically required for an Internal Auditor role at a SACCOS like Thuto SACCOS in Botswana?
A bachelor’s degree in Accounting, Finance, Auditing, or a related field is usually mandatory, with preference given to candidates registered with the Botswana Institute of Chartered Accountants (BICA) or pursuing ACCA/CIA qualifications. Many SACCOS also require familiarity with the Botswana Co-operatives Act and the National Credit Regulator (NCR) guidelines governing SACCO operations.
What does a typical day look like for an Internal Auditor working with a SACCO in Botswana?
Daily tasks include reviewing loan documentation, verifying compliance with internal controls and SACCO policies, testing financial transactions, and assessing risk exposure across branches or departments. Auditors often engage with SACCO staff across levels—especially branch managers and finance officers—and prepare concise audit reports aligned with the SACCO’s internal audit charter and the Botswana National Audit Office’s guidance for co-operatives.
How does the work culture and professional expectations differ for Internal Auditors in Botswanan SACCOS compared to private-sector audit firms?
SACCOs in Botswana emphasise relationship-based accountability, community trust, and adherence to co-operative principles—so auditors must balance technical rigour with cultural sensitivity and clear communication in Setswana or English. Punctuality, respect for hierarchical reporting lines (e.g., to the Audit Committee and Board), and discretion when handling member data are strongly expected, reflecting local norms and the SACCO’s governance framework.
What realistic career progression paths exist for Internal Auditors within SACCOs in Botswana?
High-performing auditors may advance to Senior Internal Auditor, Internal Audit Manager, or Head of Risk & Compliance roles—often requiring additional certifications like CIA or experience with NCR audits. Some transition into broader leadership positions such as Finance Manager or General Manager, particularly in smaller or growing SACCOs where cross-functional exposure is common and supported by BICA or SACCO League of Botswana training programmes.
What benefits—such as leave, medical aid, and pension—are commonly offered to Internal Auditors employed by SACCOs in Botswana?
Most registered SACCOs provide at least 21 days of annual leave, statutory sick leave, and maternity/paternity leave per the Botswana Employment Act. Medical aid is increasingly standard, often through providers like Medshield or BONF, and pension contributions are typically made to the Botswana Public Officers Pension Fund (if classified as public sector) or a private fund compliant with the Pensions Act—subject to SACCO policy and employment terms.
How should I apply for an Internal Auditor position at a SACCO like Thuto SACCOS, and what do employers in Botswana specifically look for in candidates?
Applications are usually submitted via email or physical submission to the SACCO’s Head Office, often accompanied by certified academic documents, BICA registration proof (if applicable), and a letter of good standing from previous employers. Employers prioritise integrity, knowledge of SACCO-specific regulations (e.g., Co-operatives Act, NCR rules), practical auditing experience—even internships—and demonstrated understanding of Botswana’s financial inclusion landscape and rural/urban operational contexts.