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Tropical Bank Limited is seeking to recruit a qualified and competent
person to fill the position of Head of Internal Audit,Jobs in Uganda,
Position Title: Head of Internal Audit,Jobs in Uganda,
Reporting: to the Board Audit Committee
Organisation:Tropical Bank Limited
Primary Location:Kampala,Uganda
Job Type : Full Time
About the Job:
The Head of Internal audit reports to the Board Audit Committee and is
responsible for the independent appraisal and detailed review of all activities
within the Bank for conformity with accounting principles, financial procedures
and other business policies and practices as laid out in relevant operating
manuals and guidelines and for compliance with the provisions of the Financial
Institutions Statute 2004, and any other directives from the Regulatory
Authority, Bank of Uganda.
In addition s/he is expected to keep
Management fully informed on operations of the Bank and to continually review
and report on various aspects of business, policies and internal controls and
compliance with legal and statutory requirements.
Key duties and responsibilities include
•Plan and implement the Internal Audit programs and Annual Work Plan for
the department and ensure that it (department) contributes to efficient and
effective management of the Bank and enabling the Bank to achieve its set
objectives.
•Prepare the annual departmental work plans and budget and carry out
monthly performance reports taking into account management policies, objectives
and the audit and inspection programs for the year.
•Continually update the internal audit manual
•Continuous review of the Performance and Implementation of the Annual Work
Plan.
•Carry out periodic checks in all staff and line functions to confirm that
all accounting and
financial procedures and operations of the Bank are being conducted in
conformity with the
guidelines in the accounting and operational manuals and provisions of the
Financial Institutions Statute, 2004 and any directives from the Bank of
Uganda.
•Review and appraise on a continuous basis the implementation of management
policies and Board resolutions as well as the departmental budget performance
of work programs.
•Conduct special investigations as directed and produce findings and
recommendations for better performance of the bank.
•Ensure regular verifications of all accounting records and documents
related to facilities extended by the Bank to its customers for completeness,
correctness and accuracy.
•Ensure regular revenue audit to minimize leakage due to:-
-Incorrect calculations
-Quotation of incorrect interest rates
-Omission to recover charges such as accounts closing, ledger fees, TT
charges, commissions on FOY drawings, etc.
-Failure to collect service cheques
•Ensure regular checks on all payment vouchers for proper booking in the correct accounts and proper
authorization.
•Prepare and submit regular reports and recommendations for appropriate
action to the Board Audit Committee.
•Supervise, appraise, train and evaluate performance of staff in the
department.
•Follow-up of audit issues raised in the previous audit reports and the
Bank of Uganda Inspection Team.
•Follow-up issues raised by the Audit Committee of the Board.
•Any other duties as assigned by the Management and the Board.
Minimum requirements
•A Bachelor’s degree in Commerce, Business Administration specialising in
Accounting or
any other Bachelor’s degree specialising in accounting from an accredited
university
•Professional qualification in accounting e.g. ACCA, CA, CPA, CIPFA
•Professional qualification in Banking (added advantage)
•Working experience of not less than 10 years in a similar position in a
busy financial environment,
with a demonstrated experience of at least 3 years as Head of Internal
audit function.
•Ability to work under minimum supervision
Mode of Application:
If your qualifications and experience match those described above please
send your full application to the following address quoting the job title to
reach us not later than 25th April, 2014. Attach your full CV , email and day
time telephone contact, academic testimonial and a clear letter of not more
than 2 pages explaining why you consider yourself to be the best suited
candidate.
The Partner, Executive Recruitment Division
(Attn: Dr. Twaha K. Kaawaase)
Sejjaaka, Kaawaase & Co.
Certified Public Accountants
31 Bukoto Street, Kololo
P.O.Box 7657
Kampala UGANDA
cpa@africaonline.co.ug | cpa@cpa.ug
