Summary
Date Posted: Friday, April 07 2023, Base Salary: Not Disclosed

JOB DETAILS:
Manager Internal Audit and Risk Contract Length: 5 Years

Job Purpose
To review, evaluate and contribute to the improved effectiveness of risk management, control and governance processes and perform audit assignments in accordance with the Internal Audit Charter.

Duties/Responsibilities Understanding the business of the Regulator
• Develop a thorough understanding of the business of the Regulator, the relevant risks to achieving its operational goals and the related internal control activities.
• Understand the strategic risks to the organization’s control environment and Governance processes.

Governance, Risk Management and Internal Controls (GRC)
• Assess and make appropriate recommendations for improving the governance processes, risk management and internal control systems at
o ERA. ii. Support the Internal Audit function in fostering an appropriate ethical climate within the organization.
• Support a culture of fraud risk awareness at all levels of the organization.

Audit Engagement Planning
• Develop and draft engagement plans considering the objectives of the activity under audit, the key risks it faces, the controls responding to those risks, audit tests and any opportunities for improvement in performance.
• Ensure that every audit engagement has clear objectives, and the established audit scope is sufficient to achieve the objectives of the audit engagements.
• Determine the appropriate and sufficient resources to achieve engagement objectives based on an evaluation of the nature and complexity of each engagement, time constraints, and available resources.

AuditEngagement Execution
• Conduct audits on the audit universe of the Authority as informed by the risk based internal audit plan.
• Identify sufficient, reliable, relevant, and useful information to achieve the audit engagement’s identified objectives.
• Perform appropriate analysis, evaluation and documentation to obtain sufficient, reliable, relevant, and useful information to support the conclusions and engagement results.
• Analyze the financial, operational and management processes and system control effectiveness and efficiency with a view to improvement and propose value adding recommendations.
• Evaluate the adequacy of risk management and internal control framework in meeting the operational and control objectives of ERA.
• Assess and report on the conformity of operations and processes to applicable laws and current policies and international best practice. Implementation Follow‐up
• Regularly follow‐uponengagementfindings and Management’s implementation of recommendations adopted by the Authority
• Committee. ii. Carry out post audit survey on every audit engagement to obtain feedback from auditees.

Audit Reporting
• Draft internal audit reports for the review in conformity with the requirements of ISPPIA (International Standards on the Professional
o Practice of Internal Auditing). ii. Draft preliminary versions of other Audit Committee papers for the review if required.
• Submit the quarterly Internal Audit Reports to the Office of Internal Auditor General (IAG) within the required timelines.

Professional Development
• Take initiative in enhancing and retaining the skills and competences necessary to deliver on the mandate of the position.
• Take initiative in achieving the required Continuous Professional Development hours (CPDs) annually with the relevant professional bodies.

Academic Qualifications and Working Experience
• An Honours degree in Commerce, Accounting, Accounting and Finance, Business Administration, Risk Management or a related field.
• At least Level III of CPA or ACCA.
• Being a member of the Institute of Internal Auditors (IIA) is an added advantage but not mandatory.
• Risk management certification (ISO 31000) is a requirement.
• CISA (Certified Information Systems Auditor) certification is an added advantage.
• Experience in using Teammate audit software is desirable
• At least three (03) years relevant working experience in auditing,
• Should be 35 years of age and below.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
Visit (www.pila‐consultants.com) to download andread full job descriptions. If you believe you have the relevant qualificationsand experience, please send your detailedApplication and CV demonstrating possession ofthe relevant competencies, current position, names and addresses of three referees via email topila3consultants@gmail.com ; not later than 5.00pm. 7th April, 2023 quoting the position ofinterest in the subject line.

N.B: Members of the Electricity Regulatory Authority or Staff of ERA shall not be accepted as referees. Canvassing or any attempt thereof will lead to immediate disqualification. ERA is an equal opportunity employer.

Only shortlisted candidates will be contacted.

PILA Consultants Ltd
Partners in Learning and Action Consultants
Plot 648, Nanfumbambi RoadKikoni, Makerere West
P. O. Box 9092 Kampala‐Uganda,
E‐mail: pila3consultants@gmail.com  

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