Summary
Date Posted: Thursday, October 05 2023, Base Salary: Not Disclosed

JOB DETAILS:
Purpose of position:
The Manager Internal Audit is responsible for supporting the planning, reviewing, coordinating and Implementation of Audit activities for continuous improvement, and to safeguard against fraud, avoidable loss, waste and result in efficient use and utilization of the Banks resources and assets, in line with International Professional Practice Framework, Internal auditing standards and set Bank policies and procedures.

Key responsibilities:
• Support the formulation and putting in place the internal audit strategy, budgets and annual plans, effective inspection and audit administrative policy guidelines for the Unit
• Spearhead continuous improvements of operating systems and procedures, thus reviewing, evaluating, investigating, and advising Management on appropriate systems and internal controls required in the respective departments for the smooth and prudent financial management and running of the Bank’s business.
• Develop and carry out regular reviews of appropriate procedure manuals for the various areas of operations as necessary.
• Carry out assignments and investigations as may be directed by the Board, Audit committee, MD or the Management from time to time as deemed appropriate.
• Prepare and present regularly quality and factual Audit reports and briefs to the Board Audit Committee and Managing Director.
• Liaise with external auditors in the year-end audit as well as Central Bank Inspectors and follow up on the implementation of their recommendations.
• Provide supervision, guidance, training and manage staff performance of the audit team at the Bank
• Devise and recommend effective systems for control and management of audit functions especially as they relate to the Bank’s capital and recurrent expenditure.
• Undertake regular spot audit check and inspections of sensitive areas and investigate general or specific irregularities and endure that the interest of the Bank is not compromised through any irregularities that may lead to financial loss.
• Monitor and supervise all administrative activities in the department to ensure adequate control and cost effectiveness in all activities such as manpower and operational activities.
• Carry out assignments and investigations as may be directed by the Board, Audit committee, MD or the Management from time to time as deemed appropriate.
• Carry out Ad-Hoc assignments, investigations, report findings and make recommendations to the Management and the Board Audit Committee.
• Identify risks associated with the business/operations and discuss them with the Management and team members;
• Provide oversight and support, on a need basis, to the Board Audit Committee and/or MD in the Subsidiary operations;
• Certify that returns are submitted to the central bank in line with FIA, 2004
• Carry out any other duties as may be assigned from time to time.

Desired knowledge, skills and abilities:
• Have a Bachelor’s degree from an accredited institution.
• Should be a member of ICPAU
• A minimum of 5 years’ experience in Auditing in a financial Institution, Auditing Firm or related industry.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

All interested candidates should send their application including cover letter, CV and academic documents to the Head of Human Resources, Guaranty Trust Bank Uganda by hand delivery or email to jobsug@gtbank.com  by 14thOctober 2023


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