Compliance Auditor job at National Social Security Fund (NSSF)

Description

NSSF is hiring a Compliance Auditor to undertake an accurate reconciliation of employers’ accounts with NSSF and review the employers’ human resource policies with regards to workers’ terms of employment & emoluments paid in relation to their contributions’ records in order to ensure compliance with the NSSF Act and enhance business with the employers.

JOB GRADE: C5

REPORTS TO: AREA MANAGER

DEPARTMENT: COMMERCIAL

DUTY STATION: ARUA

Duties and Responsibilities Include

• Implement the branch audit work plan by conducting timely audits of assigned employers.
• Prepare audit notification letters outlining the required audit documents and the audit start date.
• Organise and conduct audit entry, exit, and other related meetings.
• Sensitise employers on their NSSF obligations and related services, including voluntary contributions, benefits, and penalty waiver rights, before audits are conducted.
• Analyse employer records and prepare management letters detailing audit findings and recommendations.
• Carry out substantive tests during the audit process to establish the employer’s compliance to the requirements of the NSSF Act.
• Discuss audit findings with employers and resolve issues raised during the audit process.
• Prepare audit reports and discuss recommendations to support future employer compliance.
• Analyse employer cash flows, agree on payment plans, and sign deeds of settlement with employers.
• Monitor deed performance to ensure employers remain on track with arrears payments.
• Generate Transaction Reference Numbers for arrears before due dates to help employers pay according to signed deeds of settlement.
• Register employees to minimise suspense arising from audit activities.
• Issue demand notes and follow up through calls, visits, and emails with audited employers who have not settled arrears; involve CID personnel where necessary.
• Obtain information on whistleblower complaints from employers or whistleblowers, as applicable, and provide timely and regular feedback to whistleblowers.
• Compile sufficient and appropriate documentation for submission to the Legal Department to support prosecution of non-compliant employers.
• Implement initiatives to improve the branch compliance rate to exceed expected targets.
• Contribute to developing compliance section’s strategic plans that are aligned to the departmental strategy.
• Engage internal and external stakeholders to support achievement of departmental and organisational objectives.
• Collaborate with teams and stakeholders within and outside the Fund.
• Review personal performance and seek feedback to improve results.

Education Requirements

• A Bachelor’s degree in Management, Business, Finance, Commerce, Statistics, or a related field.
• A professional qualification in ACCA, CPA.

Work Experience

• Four (4) years’ experience in compliance, audit, or a related field.
• Demonstrable experience undertaking audits or compliance reviews within regulated entities.

Key Competences

• Commitment & Integrity
• Proactivity & Innovation
• Relationship Building
• Communicating and Influencing
• Resilience & Resourcefulness
• Customer Relationship Management
• Negotiation
• Communication
• Innovation

• Implement the branch audit work plan by conducting timely audits of assigned employers.
• Prepare audit notification letters outlining the required audit documents and the audit start date.
• Organise and conduct audit entry, exit, and other related meetings.
• Sensitise employers on their NSSF obligations and related services, including voluntary contributions, benefits, and penalty waiver rights, before audits are conducted.
• Analyse employer records and prepare management letters detailing audit findings and recommendations.
• Carry out substantive tests during the audit process to establish the employer’s compliance to the requirements of the NSSF Act.
• Discuss audit findings with employers and resolve issues raised during the audit process.
• Prepare audit reports and discuss recommendations to support future employer compliance.
• Analyse employer cash flows, agree on payment plans, and sign deeds of settlement with employers.
• Monitor deed performance to ensure employers remain on track with arrears payments.
• Generate Transaction Reference Numbers for arrears before due dates to help employers pay according to signed deeds of settlement.
• Register employees to minimise suspense arising from audit activities.
• Issue demand notes and follow up through calls, visits, and emails with audited employers who have not settled arrears; involve CID personnel where necessary.
• Obtain information on whistleblower complaints from employers or whistleblowers, as applicable, and provide timely and regular feedback to whistleblowers.
• Compile sufficient and appropriate documentation for submission to the Legal Department to support prosecution of non-compliant employers.
• Implement initiatives to improve the branch compliance rate to exceed expected targets.
• Contribute to developing compliance section’s strategic plans that are aligned to the departmental strategy.
• Engage internal and external stakeholders to support achievement of departmental and organisational objectives.
• Collaborate with teams and stakeholders within and outside the Fund.
• Review personal performance and seek feedback to improve results.

• Commitment & Integrity
• Proactivity & Innovation
• Relationship Building
• Communicating and Influencing
• Resilience & Resourcefulness
• Customer Relationship Management
• Negotiation
• Communication
• Innovation

• A Bachelor’s degree in Management, Business, Finance, Commerce, Statistics, or a related field.
• A professional qualification in ACCA, CPA.