Head of Internal Audit
2026-07-06T07:09:04+00:00
Bank of India
https://cdn.greatugandajobs.com/jsjobsdata/data/employer/comp_1167/logo/Bank%20of%20India.png
https://www.greatugandajobs.com/jobs/
FULL_TIME
Head Office, Kampala
Kampala
00256
Uganda
Finance
Management, Accounting & Finance, Business Operations
2026-07-18T17:00:00+00:00
8
Job Purpose.
The Head of Internal Audit shall develop a comprehensive audit program covering priority areas for risk audits, and evaluation of the adequacy and effectiveness of management controls and for effective substantive procedures in all key areas of the bank, as well as developing information system audit procedures that minimize bank’s risk exposure in information technology.
Job Responsibilities
Provide prudent audit coverage at a reasonable cost for all elements of the bank.
Prepare an annual plan for auditing the accounts and operations of bank’s all departments and submit the plan to the audit committee/board for approval.
Execute annual audit plan, including financial budget, coordinating efforts with external auditors to avoid unnecessary costs and duplication of efforts.
Ensure primary audit focus to determine the effectiveness of internal controls and the degree of compliance with policies. Secondary objectives include reviewing operating efficiency, measuring attainment of objectives and making recommendations for cost reduction and earning improvement.
Review and investigate integrity breaches by bank’s staff and work with the human resources manager to bring such matters to a satisfactory conclusion.
Report on the results of the audit examinations to management after audits are completed. Obtain responses from management and review responses prior to submitting to the MD and the audit committee of board of directors.
Prepare plans and procedures for investigation projects and assign them to the investigation teams.
Review bank’s operating procedures to identify potential loopholes for fraud and advise management to address them.
Review modified or new systems prior to implementation to ensure any internal control deficiencies that might occur can be corrected at a time when it is practical to make system changes.
Review bank’s security procedures on financial and physical assets are maintained at all times.
Ensure audit standards for written audit programs and work papers are adhered to and that sufficient competent documentation is required to evidence audit work performed and conclusions drawn.
Manage the audit function independently of management however in keeping with the bank’s current organization chart, functionally reporting to the audit committee of the board of directors and reporting to the MD administratively.
Establish standards of professional ties in related professional groups.
Supervise field work to ensure quality audits and at the same time meet with branch staff to enhance the audit image.
Coordinate the work of Bank of Uganda supervisors and external auditors.
Inform MD and audit committee of Board of Directors of audit activities. You are required to submit material audit findings as per the audit plan.
Assist board of directors in fulfilling responsibilities relating to audits.
Maintain an open line of communication with MD and the audit committee of board of directors.
Any other duties assigned to you by the Bank.
PERSON SPECIFICATION
MINIMUM QUALIFICATIONS
The ideal candidate will have the following:
Must have a Bachelor’s degree in Business Administration, Commerce, Statistics or any other related business field.
Must have a Certified Public Accountant (CPA), or Chartered Certified Accountant (ACCA).
Must be registered member with Institute of Certified Public Accountants of Uganda (ICPAA).
EXPERIENCE
Minimum of 5 years’ experience in audit related managerial positions preferably in the banking sector.
Demonstrated experience in Internal Audit.
TECHNICAL COMPETENCIES
Up to date Knowledge of methodologies and trends in business and corporate governance.
Knowledge and understanding of relevant legal and regulatory requirements in business.
Sound knowledge of internal audit, business management, risk management and up to date knowledge of trends in business.
Suitable basic knowledge in Internal audit is a must.
BEHAVIOURAL COMPETENCIES
Highly organized person, with ability to multitask with ease.
Leadership and strategic skills.
Integrity &
Team player.
Emotional intelligence skills.
Communication skills.
Governance & Stakeholder engagement skills.
PHYSICAL DEMAND OF THE JOB
The job requires sitting for long hours of focus.
Age
Preferably below 40 years. However, Management reserves the right for determining the age criteria even below above 40 years keeping in view the experience/qualifications, etc.
* Provide prudent audit coverage at a reasonable cost for all elements of the bank. * Prepare an annual plan for auditing the accounts and operations of bank’s all departments and submit the plan to the audit committee/board for approval. * Execute annual audit plan, including financial budget, coordinating efforts with external auditors to avoid unnecessary costs and duplication of efforts. * Ensure primary audit focus to determine the effectiveness of internal controls and the degree of compliance with policies. Secondary objectives include reviewing operating efficiency, measuring attainment of objectives and making recommendations for cost reduction and earning improvement. * Review and investigate integrity breaches by bank’s staff and work with the human resources manager to bring such matters to a satisfactory conclusion. * Report on the results of the audit examinations to management after audits are completed. Obtain responses from management and review responses prior to submitting to the MD and the audit committee of board of directors. * Prepare plans and procedures for investigation projects and assign them to the investigation teams. * Review bank’s operating procedures to identify potential loopholes for fraud and advise management to address them. * Review modified or new systems prior to implementation to ensure any internal control deficiencies that might occur can be corrected at a time when it is practical to make system changes. * Review bank’s security procedures on financial and physical assets are maintained at all times. * Ensure audit standards for written audit programs and work papers are adhered to and that sufficient competent documentation is required to evidence audit work performed and conclusions drawn. * Manage the audit function independently of management however in keeping with the bank’s current organization chart, functionally reporting to the audit committee of the board of directors and reporting to the MD administratively. * Establish standards of professional ties in related professional groups. * Supervise field work to ensure quality audits and at the same time meet with branch staff to enhance the audit image. * Coordinate the work of Bank of Uganda supervisors and external auditors. * Inform MD and audit committee of Board of Directors of audit activities. You are required to submit material audit findings as per the audit plan. * Assist board of directors in fulfilling responsibilities relating to audits. * Maintain an open line of communication with MD and the audit committee of board of directors. * Any other duties assigned to you by the Bank.
* Knowledge of methodologies and trends in business and corporate governance * Knowledge and understanding of relevant legal and regulatory requirements in business * Sound knowledge of internal audit, business management, risk management * Up to date knowledge of trends in business * Basic knowledge in Internal audit * Highly organized * Ability to multitask with ease * Leadership and strategic skills * Integrity * Team player * Emotional intelligence skills * Communication skills * Governance & Stakeholder engagement skills
* Bachelor’s degree in Business Administration, Commerce, Statistics or any other related business field * Certified Public Accountant (CPA), or Chartered Certified Accountant (ACCA) * Registered member with Institute of Certified Public Accountants of Uganda (ICPAA)
JOB-6a4b54901fa06
Vacancy title:
Head of Internal Audit
[Type: FULL_TIME, Industry: Finance, Category: Management, Accounting & Finance, Business Operations]
Jobs at:
Bank of India
Deadline of this Job:
Saturday, July 18 2026
Duty Station:
Head Office, Kampala | Kampala
Summary
Date Posted: Monday, July 6 2026, Base Salary: Not Disclosed
Similar Jobs in Uganda
Learn more about Bank of India
Bank of India jobs in Uganda
JOB DETAILS:
Job Purpose.
The Head of Internal Audit shall develop a comprehensive audit program covering priority areas for risk audits, and evaluation of the adequacy and effectiveness of management controls and for effective substantive procedures in all key areas of the bank, as well as developing information system audit procedures that minimize bank’s risk exposure in information technology.
Job Responsibilities
Provide prudent audit coverage at a reasonable cost for all elements of the bank.
Prepare an annual plan for auditing the accounts and operations of bank’s all departments and submit the plan to the audit committee/board for approval.
Execute annual audit plan, including financial budget, coordinating efforts with external auditors to avoid unnecessary costs and duplication of efforts.
Ensure primary audit focus to determine the effectiveness of internal controls and the degree of compliance with policies. Secondary objectives include reviewing operating efficiency, measuring attainment of objectives and making recommendations for cost reduction and earning improvement.
Review and investigate integrity breaches by bank’s staff and work with the human resources manager to bring such matters to a satisfactory conclusion.
Report on the results of the audit examinations to management after audits are completed. Obtain responses from management and review responses prior to submitting to the MD and the audit committee of board of directors.
Prepare plans and procedures for investigation projects and assign them to the investigation teams.
Review bank’s operating procedures to identify potential loopholes for fraud and advise management to address them.
Review modified or new systems prior to implementation to ensure any internal control deficiencies that might occur can be corrected at a time when it is practical to make system changes.
Review bank’s security procedures on financial and physical assets are maintained at all times.
Ensure audit standards for written audit programs and work papers are adhered to and that sufficient competent documentation is required to evidence audit work performed and conclusions drawn.
Manage the audit function independently of management however in keeping with the bank’s current organization chart, functionally reporting to the audit committee of the board of directors and reporting to the MD administratively.
Establish standards of professional ties in related professional groups.
Supervise field work to ensure quality audits and at the same time meet with branch staff to enhance the audit image.
Coordinate the work of Bank of Uganda supervisors and external auditors.
Inform MD and audit committee of Board of Directors of audit activities. You are required to submit material audit findings as per the audit plan.
Assist board of directors in fulfilling responsibilities relating to audits.
Maintain an open line of communication with MD and the audit committee of board of directors.
Any other duties assigned to you by the Bank.
PERSON SPECIFICATION
MINIMUM QUALIFICATIONS
The ideal candidate will have the following:
Must have a Bachelor’s degree in Business Administration, Commerce, Statistics or any other related business field.
Must have a Certified Public Accountant (CPA), or Chartered Certified Accountant (ACCA).
Must be registered member with Institute of Certified Public Accountants of Uganda (ICPAA).
EXPERIENCE
Minimum of 5 years’ experience in audit related managerial positions preferably in the banking sector.
Demonstrated experience in Internal Audit.
TECHNICAL COMPETENCIES
Up to date Knowledge of methodologies and trends in business and corporate governance.
Knowledge and understanding of relevant legal and regulatory requirements in business.
Sound knowledge of internal audit, business management, risk management and up to date knowledge of trends in business.
Suitable basic knowledge in Internal audit is a must.
BEHAVIOURAL COMPETENCIES
Highly organized person, with ability to multitask with ease.
Leadership and strategic skills.
Integrity &
Team player.
Emotional intelligence skills.
Communication skills.
Governance & Stakeholder engagement skills.
PHYSICAL DEMAND OF THE JOB
The job requires sitting for long hours of focus.
Age
Preferably below 40 years. However, Management reserves the right for determining the age criteria even below above 40 years keeping in view the experience/qualifications, etc.
Work Hours: 8
Experience in Months: 12
Level of Education: bachelor degree
Job application procedure
Interested in applying for this job? Click here to submit your application now.
Suitable candidates should submit their applications along with their CVs in person to HR Department, Bank of India (U) Ltd, Head Office, Plot 37 Jilna Road next to National Water Offices, Kampala
All Jobs | QUICK ALERT SUBSCRIPTION
