Internal Auditor Jobs – DFCU Bank

Job Title:   Internal Auditor

Organisation: DFCU Bank

Duty Station: Kampala, Uganda

Reports to: Audit Manager


About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.


Job Summary:  Reporting to the Audit Manager, the Internal Auditor will be responsible for providing independent and objective assurance and consulting services designed to add value and improve the Bank’s operations and performance.


Key Duties and Responsibilities:

  • Actively participate in the planning (either individually or as part of team) of auditable areas including risk assessment and drawing up of audit programs so as to identify areas of great concern and focus of audit resources.
  • Contribute to the development of the Internal Audit Plan.
  • Contribute towards team goals and objectives. Provide formal performance feedback to peers.
  • Conduct audits either individually or as part of a team so as to give the assurance as to the effectiveness of controls and other risk mitigating measures.
  • Identify and analyse causes of poor control performance and develop appropriate recommendations.
  • Report engagement observation and make the necessary recommendations for improving controls and operational efficiency.
  • Maintain audit files to ensure that audit findings are well supported.
  • Prepare audit working papers to ensure that sufficient and reliable evidence has been gathered as a basis for reporting.
  • Draft reports in connection with working papers to ensure full and complete reporting in a professional manner prior to approval by the Audit Manager.
  • Identify and analyse causes of poor control performance and make suitable recommendations for improving management controls to ensure the achievement of Bank strategic objectives.
  • Follow up on implementation of Internal Audit recommendations.

Qualifications, Skills and Experience:

  • The ideal candidate for the DFCU Bank Internal Auditor job must hold a Bachelor’s Degree in Commerce/ Business Administration or any other related field.
  • Professional certifications such as CIA, CPA, CISA, ACCA.
  • Three years of audit/internal control experience in a bank or consultancy firm as a member of financial services audit teams.
  • The job requires a good grasp of key risks and controls in most operating areas plus good understanding of key operating policies and procedures.
  • High level of confidentiality and objectivity is expected of the job holder.
  • The job requires high personal & interpersonal skills to deliver quality work.
  • Knowledge of the techniques, tests, and sampling methods involved in conducting audits and the requirements set forth in the standards for the professional practice of internal auditing.
  • Proficiency in Microsoft Word and Excel spreadsheets.
  • Data analytics experience with tools such as ACL, IDEA is highly desirable.
  • Ability to collect, analyse and evaluate information and the preparation of written concise reports of work performed plus recommendations.
  • Ability to communicate clearly and effectively, both orally and in writing.
  • Ability to foster cooperation and support of stakeholders.
  • Possession of flexibility and ability to adapt appropriately to changing requirements and situations.
  • Analytical and possession of an objective and probing mind.
  • Good understanding of bank products, risks, and processes.
  • Excellent attention to details and organizational skills.


How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level) to the email address indicated below.


dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only shortlisted candidates will be contacted through +256 312 300391.


Deadline: 12th August 2022


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