Senior Internal Audit Manager

JOB SUMMARY    

Senior Internal Audit Manager is responsible and accountable for internal audit function and staff in Urwego bank. Senior Internal audit Manager will be responsible for implementing the internal audit plan, timeline, and audit reports issued for Urwego bank. The work includes managing a comprehensive program that provides assurance designed to add value and improve the bank’s risk management, control, and governance processes.

FULL JOB SUMMARY

Urwego Senior Internal Audit Manager is responsible and accountable for managing and leading risk-based internal audits, producing reports and recommendations for Urwego management and Audit Committee. Thereby provides Management with independent, timely and reasonable assurance that internal control systems are adequate and effective.

PRIMARY RESPONSIBILITY

To promote and fulfill the mission and vision of Urwego Bank.

SPECIFIC RESPONSIBILITIES

1. Working with the Regional Internal Audit Manager in developing audit objectives, plans, and scope consistent with the department’s charter, business objectives, the assessment of audit risk, MFI/Bank needs, and the audit needs/priorities communicated.
2. Scheduling audits, determining the resources that are necessary, and seeing that the approved audit plan is accomplished.

• Communicating with those who need to know about audits and interfacing with personnel throughout the MFI, particularly those being audited, to resolve audit issues and achieve the desired improvement actions.

1. Supervising audits and reviewing the work performed to ensure the adequacy of audit scope, the adequacy of testing performed, and the accuracy of conclusions reached. Audit work will also be reviewed for compliance with policies and procedures and the International Standards for the Professional Practice of Internal Auditing.
2. Documenting audit objectives and time budgets, providing suitable instructions, and approving the audit program before fieldwork begins.
3. Supervision of the internal auditors is a continuing process, beginning with planning and ending with the conclusion of the audit assignment. Supervision includes working with IA staff to ensure the efficient and effective completion of the following items:
4. Seeing that the approved program is carried out.
5. Determining that work papers support the findings.

• Ensuring that reports are accurate, objective, clear, concise, constructive, and timely.

1. Determining that objectives are met.

The extent of supervision will vary depending on the proficiency of auditors and the difficulty of audit assignments.  Evidence of supervision, such as review notes, to-do lists, and the audit work paper review checklist, should be documented and retained.

• Provide functional leadership for all internal auditors under your supervision by developing and communicating appropriate methodology and tools and implementing and maintaining professional development programs.
• Reviewing and approving detailed audit programs tailored to each audit objective or department to assure that no specific tests or activities necessary for the audit are overlooked and to assist in preventing ineffective audit techniques from being performed. This review process is directed at specific accomplishment of defined audit objectives.

1. Evaluating auditor performance, providing on-the-job training, and counseling auditors to strengthen the person’s knowledge/skills/development.
2. Pursuing professional development opportunities, including external and internal training and professional association memberships, and sharing information gained with co-workers.
3. Developing and maintaining productive client, staff, and management relationships through individual contacts and group meetings.

• Editing audit reports to facilitate recommendations and ultimately improvement actions.
• Facilitating the audit process by resolving issues and staff questions during the day-to-day progress of audits.
• Performing related work as assigned by the Regional Internal Audit Manager.

Audit Standards and Integrity

• Maintain all organizational and professional ethical standards and ensure internal audit activities are carried out in compliance with the International Standards for the Professional Practice of Internal Auditing.
• Ensures the adequacy of audit scope, the adequacy of testing performed, and the accuracy of conclusions reached.
• Interface with personnel throughout the Urwego bank, particularly those being audited, to resolve audit issues, achieve the desired improvement actions and maintain a harmonious working relationship while preserving integrity of audit reports.

Other

• Pursue professional development opportunities, including external and internal training and professional association memberships.
• Perform related work as assigned by the Reginal Internal Audit Manager for MFI Program.
• Detect and or coordinate fraud investigations as required and direct audit staff as needed.

QUALIFICATIONS

• Personal confession of Christian faith and commitment to the mission and vision of Urwego bank.
• Bachelor’s degree with a Business Administration or Accounting concentration. Master’s Degree is an added advantage.
• Five years of accounting, external audit, or internal audit experience; or an equivalent combination of audit and management positions in microfinance/banks and/or financial services covering business analysis, operations, and finance.
• Familiarity with ethics in general and the common indicators of fraud in particular.
• Considerable skills in effective verbal and written communications, including active listening skills, and skill in presenting findings and recommendations.
• Fluency in English required; understanding of Kinyarwanda, will be an added advantage.
• Professional certification including Chartered Accountant, Certified Public Accountant, Certified Internal Auditor, or local certification will be an added advantage.

Please submit your complete application in a single file attachment on the following email [email protected] (Please indicate in the subject – Application for Senior Internal Audit Manager)

• Motivation Letter explaining your suitability for the position
• Curriculum Vitae (CV) and notarized copies of academic documents.
• Three referees that are not blood relatives with their full address/ contact.
• Recommendation from your church leader, Pastor Issues with in the 6 months period.



• Copy of your National ID
• Statement of faith
• Criminal Record form From Irembo

Deadline for submission of applications: 3rd February 2023 at 5 PM

Only shortlisted candidates shall be contacted for the interview

Thank you

Urwego Bank PLC Managemen