Internal Auditor (1)

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Job Ref No: CHJ/DEC/J85 | Closing Date: 19/November/2021


Reports To:

Board and CEO

Supervises:


Overall Job Purpose: The job holder is expected to develop annual audit plans using a risk based approach to ensure that audit resources are allocated to high risk areas. He/she will monitor the risk register and offer an audit approach which provides management with reasonable assurance that the risks are mitigated.

 

The job holder shall audit the internal processes and procedures is in compliance with the International Financial Reporting Standards (IFRS) on Auditing; Institute of Internal Auditors (IAA) Uganda for the Professional Practice of Internal Auditing; the International Standards on Auditing - European Union for CBM Funding and CoRSU internal policies and procedures are up-to-date.

Key result Areas

  • Annual audit plans developed and 95% fully executed
  • Compliance with financial audit standards ensured
  • Risk management strategies and policies formulated
  • CoRSU departmental line management and leadership internal audit supported
  • Risk management, governance and internal controls reviewed and feedback provided
  • CoRSU’s Financial Manual, Internal Audit policies and procedures regularly reviewed
  • Special duties and external audit coordinatedDetailed Roles and responsibilities
  • Develop annual audit plans using a risk based approach to ensure that audit resources are allocated to high risk areas and to ensure that management achieves its objectives.
  • Ensure that the annual audit plan is at least 95% fully executed and issue all reports (audit and special reviews) within established timeframe;
  • Ensure that audit programs and work practices are risk based and are in compliance with the International Financial Reporting Standards (IFRS) on Auditing; Institute of Internal Auditors (IAA) Uganda for the Professional Practice of Internal Auditing; the International Standards on Auditing - European Union for CBM Funding and CoRSU’s Financial Manual Internal Audit policies and procedures.
  • Proactively advice and support management on the formulation of risk management strategies and policies on all areas of the organization with a view of ensuring that management policies adequately mitigate the risks identified.
  • Provide support to CoRSU departmental line management and leadership by building capacity and in administering the internal audits.
  • Review and provide feedback on the adequacy of CoRSU enterprise risk management, governance and internal controls;
  • Develop and implement systems that will enhance the quality of work done by the internal audit function; regularly review and appraise the functional performance and take corrective actions when necessary;
  • Take lead in the review of CoRSU’s Financial Manual, Internal Audit policies and procedures and spearhead controls/guidelines.
  • Lead special duties and coordinate external audit assignments

 

Academic/Professional qualifications, work experience, knowledge & skills

  • A Chartered Accountant fully qualified with CA, CIA, CPA, ACCA, or other recognized accounting/auditing qualification;
  • At least 3 years post qualification internal audit experience in a recognized organization or working with public accounting firm
  • Good experience with financial audit documentation and/or reporting.
  • Demonstrated success working with and engaging entities in the health sector.
  • Experience in risk-based internal audit with strong knowledge and understanding of governance practices, related Ethics and Compliance issues.
  • A committed independent person, able to stand above denominational diversities.
  • Experience of working in a private not for profit and/or non-governmental/local organization.
  • Comprehensive knowledge of risk management practices and principles.
  • Strong writing, analytical skills and presentation skills.
  • Ability to cultivate and maintain strong interpersonal relationships and working in a teams.

Good computer knowledge and skills especially in analysing financial information using MS Excel, Filemaker and Tally databases.



Closing Date: 19/November/2021