Manager Internal Audit Jobs – Insurance Training College (ITC)

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ugashare-Volunteer

Posted date: 2024-Apr-22

Location: Kampala, Uganda

Job Title: Manager Internal Audit

Organisation: Insurance Training College (ITC)

Duty Station: Kampala, Uganda

Reports to: Head of Internal Audit

About US:

The Insurance Training College (ITC) of Uganda was established in 1964 as the training arm of Uganda’s Insurance sector. The College is recognized under the Insurance (amendment) Act 2011, which came into force in 2011 as the Insurance Institute of Uganda (IIU) and by the Insurance Act 2017 which transformed the Institute into the Insurance Training College of Uganda, a public tertiary institution. ITC is licensed by National Council for Higher Education (NHCE) and all its Programmes are accredited and recognized by National Council of Higher Education (NCHE).

Job Summary: The Manager Internal Audit will objectively review Insurance Training College’s business processes to ensure adequacy and effectiveness of Governance. risk management and internal controls.

Key Duties and Responsibilities:

Annual Planning

Participate in the development of the Internal Audit annual plan and take charge of its implementation to add value to the business
Performing
Prepare, review engagement plans including working papers to ensure conformity to international standards for the professional practice of internal audit
Monitor progress of audits. identify and take appropriate corrective action to ensure quality audit processes in line with IIA standards and ensure timely completion of assignments

Reporting

Review and ensure quality draft audit reports are submitted to the Head of Internal Audit
Participate in the completion of Board reports

Monitoring

Coordinate the follow up of reported internal audit findings to ensure their resolution

Quality Assurance

Maintain a comprehensive system for recording al audit plans. work papers, findings, reports, and follow-up audits
Keep abreast and research the latest trends and issues in the industry as we as in auditing and financial reporting standards
Special Audit Investigations and other consulting assignments
Participate in carrying out special internal audit investigations and other consulting assignments on request by the Board and or Senior management

Co-ordination

Provide support to External Auditors by walking them through the various processes in the college and sharing our reports to assist them in their audit work. inform their understanding of the organization and its control environment and help identify and assess the risks of material misstatement.

Management of the internal audit function

Assist the Head of Internal Audit in planning resource allocation and utilisation of audit resources.
Develop and maintain professional relationships with staff, Management, and other key stakeholders.

Other duties

Supports the Head of Internal Audit with other Internal Audit duties as may be required from time to time.

Qualifications, Skills and Experience:

The applicant must hold a Bachelor’s degree in Accounting or Finance from a recognised institution.
Full professional qualification in ACCA, CPA, CIA or any other relevant courses
Post graduate studies in Business Administration, Finance Accounting or Auditing from a recognised institution is a requirement.
At least five years of relevant waling experience in a reputable organization, of which 2 must have been at senior management

Competencies:

Abilities

Apples a thorough understanding of governance. risk and control appropriate to the organization
Business Acumen: maintain broad knowledge of the business environment and industry practices
Ability to apply best practice in internal auditing. including a thorough understanding of systematic risk-based auditing
Substantial knowledge of corporate governance frameworks
Excellent numerical skis

Behavioral

Professional ethics: promotes and applies professional ethics
Ability to work effectively under pressure managing conflicting priorities and demands on time to meet challenging deadlines
Critical thinking skills
Excellent communication skills
Ability to consistently deliver high quality accurate and reliable work
Interviewing skis: ask questions in ways that enhance the clarity, quality and reliability of information.
Decision making skills; makes timely, informed decisions that take undo account the fads. goals, constraints and risks
Ability to apply sound judgment, think creatively and find effective solutions to complex problems.

How to Apply:

All qualified and interested candidates are invited to send their applications by email to hritc.ac.ug (PDF format) or hand deliver them at The Insurance Training College, Victoria Office Park, Plot 6-9 Okot close, Old Kira Rd, Bukoto, P.O Box 4184, Kampala. Applicants should include a CV, application letter, and copies of certified academic certificates.

Deadline: 3rd May 2024 by 5pm

NB: ITC is an equal opportunities employer.

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Date Posted	2024-04-22
Valid Through	2024-05-03
Employment Type	FULL_TIME
Hiring Organization	Insurance Training College (ITC)
Job Location	Kampala, Kampala, Kampala , 0256, Uganda

Manager Internal Audit Jobs – Insurance Training College (ITC)

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