Background

Bank Of Africa is hiring an Internal Auditor responsible for performing all assigned internal audits including planning, evaluating, and documenting the results, reporting and follow up.

Under the direction of the Senior Manager Audit & Inspection.

Key Duties and Responsibilities:

• Participate in preparation and performing audits arising from the Annual Audit Plan and specific requests from Management.
• In consultation with the Audit Manager develop appropriate risk assessments to be used in the process of identifying risks within the various auditable units as per the annual audit plan.
• Develop appropriate audit tests aimed at addressing identified risks and achieving the desired audit objectives to provide assurance that risks are effectively managed or mitigated.
• Perform normal and follow-up audits with minimal direction, from planning the audit work to resolving exceptions, communicating with responsible management, and writing reports.
• Prepare clear and concise audit reports on audit findings, detected non-compliance with bank policies, guidelines, statutory requirements, and procedures for discussion with line managers and Audit Manager before final reports are issued for corrective action.
• Follow up on all issues arising from audits and secure compliance with the agreed recommendations within the relevant time frame.
• Conduct investigations into reported frauds and forgeries as may be assigned.
• Review reports to Bank of Uganda (Daily, Weekly, monthly, and quarterly) as may be assigned.
• Exercise due professional care in performing audit and inspection work, including reviewing operating efficiency and making recommendations for cost reductions and earnings improvement.
• Continue professional development through self-training, participation in recommended courses and in house training.
• Carry out any other duties that may be assigned from time to time.

Qualifications, Skills and Experience:

Education:

Bachelor’s Degree in business field or related discipline.

Professional Certifications:

Possession of professional qualifications such as ACCA, CIA, CPA, CFE etc. is an added advantage.

Experience:

2 years’ banking experience preferably in audit and accounting.

Skills:

• Working knowledge of computerized accounting and audit systems.
• Business acumen.
• Planning and prioritization skills.
• Analytical skills.
• Interpersonal skills with ability to influence people across the Bank.
• Ability to work in a team.
• Ability to alternate between individual & group work.
• Rigor, discipline, and sense of responsibility.
• Personal initiative / self-drive and personal organization.
• Assertiveness with strong communication and presentation skills.
• Monitoring and follow up skills
• Ability to work in a fast – paced and results oriented environment.
• Will of learning and assimilation.

Additional Requirements/Competencies

• Willingness to travel for stakeholder meetings, regulatory consultations, and operational reviews as needed.
• High ethical standards and a commitment to the values of the Bank.

• Participate in preparation and performing audits arising from the Annual Audit Plan and specific requests from Management.
• In consultation with the Audit Manager develop appropriate risk assessments to be used in the process of identifying risks within the various auditable units as per the annual audit plan.
• Develop appropriate audit tests aimed at addressing identified risks and achieving the desired audit objectives to provide assurance that risks are effectively managed or mitigated.
• Perform normal and follow-up audits with minimal direction, from planning the audit work to resolving exceptions, communicating with responsible management, and writing reports.
• Prepare clear and concise audit reports on audit findings, detected non-compliance with bank policies, guidelines, statutory requirements, and procedures for discussion with line managers and Audit Manager before final reports are issued for corrective action.
• Follow up on all issues arising from audits and secure compliance with the agreed recommendations within the relevant time frame.
• Conduct investigations into reported frauds and forgeries as may be assigned.
• Review reports to Bank of Uganda (Daily, Weekly, monthly, and quarterly) as may be assigned.
• Exercise due professional care in performing audit and inspection work, including reviewing operating efficiency and making recommendations for cost reductions and earnings improvement.
• Continue professional development through self-training, participation in recommended courses and in house training.
• Carry out any other duties that may be assigned from time to time.

• Working knowledge of computerized accounting and audit systems.
• Business acumen.
• Planning and prioritization skills.
• Analytical skills.
• Interpersonal skills with ability to influence people across the Bank.
• Ability to work in a team.
• Ability to alternate between individual & group work.
• Rigor, discipline, and sense of responsibility.
• Personal initiative / self-drive and personal organization.
• Assertiveness with strong communication and presentation skills.
• Monitoring and follow up skills
• Ability to work in a fast – paced and results oriented environment.
• Will of learning and assimilation.
• Willingness to travel for stakeholder meetings, regulatory consultations, and operational reviews as needed.
• High ethical standards and a commitment to the values of the Bank.

• Bachelor’s Degree in business field or related discipline.
• Possession of professional qualifications such as ACCA, CIA, CPA, CFE etc. is an added advantage.
• 2 years’ banking experience preferably in audit and accounting.