Senior Internal Auditor Job Opportunity – Uganda Development Bank (UDB)

Title:       Senior Internal Auditor
Organisation: Uganda
Development Bank (UDB)
Duty Station: Kampala,
Reports to: Chief Internal
About US:
Uganda Development Bank Ltd
(UDBL) is the country’s only Development Finance Institution (DFI) established
in 1972. The Bank has recently re-positioned itself as a partner to the
Government of Uganda in delivering the theme of its National Development Plan.
Job Summary: The Senior
Internal Auditor performs individual assurance and consulting services
projects, as part of the annual internal audit plan. This responsibility
includes developing internal audit scope, performing internal audit procedures,
and preparing internal audit reports reflecting the results of the work
performed. Work performed will include coverage of functional units and focusing
on financial, IT and operational processes. Additionally, the Senior Internal
Auditor performs follow-up on the status of outstanding internal audit issues.
He/she will also assist the Chief Internal Auditor with periodic reporting to
Management and the Board Audit Committee, development of the annual internal
audit plan, and championing internal control and corporate governance concepts
throughout the Bank.
Key Duties and Responsibilities:
  • The
    Senior Internal Auditor is responsible for p
    roviding input to the annual audit plan
    as well as the long term coverage plan.
  • Executing assurance and consulting engagements
    as per the annual audit plan and within agreed timeframe.
  • Tasked with monitoring the department’s
    compliance with best

    practices and standards for the professional practice of Internal
  • Preparing audit planning memoranda, risk
    assessments and control analysis, process documentations, audit programs
    and other relevant working papers for all assignments undertake
  • Executing audits in accordance with the Bank’s
    Internal Audit methodology; engage auditees in discussion of audit
    findings, and prepare draft audit reports for submission to
  • Making practical and relevant recommendations
    designed to e
    nhance risk
    management, controls and governance processes within the bank.
  • Build
    maintain strong relationships with key internal stakeholders
  • Holding portfolio meetings with key management
    personnel to understand broader and/or emerging issues an
    d risks in their areas
  • Tracking and follow up implementation all
    significant matters raised to ensure they have been adequately addressed
  • Make
    a status report on all outstanding issues (monthly).
  • Supporting the Chief Internal Auditor in
    preparing monthly Management and quarterly Board reports, as and when
  • Carrying out special projects at the request of
    the Chief Internal Auditor/Management responding to emerging business risk
    and matters that may expose the bank or have caused material losses or
    involving ethical conduct of staff of the bank.
  • Undertaking regular visits to funded projects to look into any matters of
    concern that exist.

Qualifications, Skills and Experience: 
  • The
    ideal candidate should preferably hold an undergraduate degree in
  • Five
    years of public accounting and/or private industry experience with
    knowledge of accounting, finance and internal control areas
  • Prior
    industry experience is a plus
  • Experience
    in IT audits will be an added advantage
  • Strong
    understanding of internal control concepts and experience in applying them
    to plan, perform, manage and report on the evaluation of various business
  • Ability
    to work independently, with limited required direction and guidance, and
    provide appropriate direction to other internal audit project team
  • Excellent
    verbal and written communication skills, to effectively present to peers
    and management.
  • Broad
    knowledge and understanding of internal auditing standards, COSO and risk
    management practices.
  • Understanding
    of the technical aspects of accounting and financial reporting.
  • Previous
    experience in performing multiple projects and working with varying team
  • Strong
    analytical skills with experience in using data analysis tools such as
    IDEA, ACL etc.
How to Apply:
All applicants are strongly
encouraged to hand deliver their applications which should include an
up-to-date curriculum vitae, photocopies of academic documents and contact
addresses of three professional references to: The Director, Human Resources
& Administration, 1st Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road,
P.O. Box 7210, Kampala. Uganda.
Deadline: 23rd February 2018
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