Vacancy title:
Manager, Internal Audit

Jobs at:
The Uganda Development Corporation (UDC)

Deadline of this Job:
10th October2018

Duty Station:
Kampala, Uganda

Summary
Date Posted: 17th September2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

The Uganda Development Corporation (UDC) was reestablished in 2016 under the Uganda Development Corporation Act 2016, with the primary objective of promoting and facilitating industrial and economic development of Uganda. In the execution of its functions, the Corporation is obliged to ensure the commercial, fi nancial and technical soundness and viability of entities and ventures invested in, or with whom Government enters into partnership

JOB DETAILS:
As part of the re-establishment process, the Corporation seeks to fi ll the following vacant positions:
The Manager, Internal Audit will lead the Corporation’s Internal Audit function in providing reasonable assurance to management and the Board that risk management, control and governance systems are functioning as intended by developing an integrated audit framework. The Offi ce holder will also be responsible for ensuring that the Corporation has internal audit risk benchmarks for every department and that all policies, systems and procedures are operating and implemented in accordance with the best practice and the Corporation’s Manuals as well as the laws governing management of public finances.
Duties:

•   Prepare the Internal Audit charter of the Corporation in line with international Standards
  
• Develop annual risk based audit plans detailing the scope, nature and timing of audit activities
  
•  Design internal audit procedures and work programmes
  
•  Conduct internal audits to assess adequacy, effectiveness and effi ciency of the established internal controls and procedures
  
•  Identify key areas of risk within the Corporation and propose appropriate controls to mitigate the risks
  
•  Review the accuracy, timeliness and relevance of fi nancial information and other disclosures provided to management
  
• Discuss audit fi ndings and recommendations with line managers and report signifi cant issues to senior management
  
•  Prepare timely audit reports for Management, and the Audit and Risk Committee of the Board of the Corporation
  
•  Monitor and assess implementation of the Management Action recommended in theaudit reports
  
•  Assess, evaluate, and promote compliance to UDC internal policies
  
•  Conduct ad-hoc audits or investigations and reviews as requested by Management or the Board
  
•  Contribute, as appropriate, to the annual audits by the Offi ce of the Auditor General
  
•  Participate in meetings of the Audit and Risk Committee of the Board Person Profi le Prospective candidates must be Ugandans holding:
  
•  Honors Bachelors’ degree in Commerce (Accounting), Business Administration (Accounting), or Finance (Accounting), and
  
•  Full professional qualifi cations in either ACCA, CPA, CIA or CIMA
  
•  Masters’ degree in Finance, Accounting or Business Administration an added advantage
  
•  A minimum working experience of six (6) years, three (3) of which should have been served at Senior Auditor level in government or public institution or an equivalent level of experience of audit work from a reputable organization
  
•  Profi ciency in computer applications
  
•  Ability to work as a team
  
•  Excellent oral and written communication
  
•  Excellent understanding of standards of Institute of Internal Auditors (IIA)
  
•  Ability to work with minimum supervision, self-driven
  
•  Excellent interpersonal skills