Career Opportunities

1. Audit Planning and Implementation
   • Prepare audit plans and implement them after agreement with the General Manager Internal Audit.
   • Ensure all risks in the assigned auditable areas are fully addressed and audits are completed within the agreed schedule as set out in the annual audit plan.
2. Risk Assessment and Testing
   • In consultation with the General Manager Internal Audit, develop appropriate risk assessment matrices to guide the identification of inherent risks within the various auditable areas as per the annual audit plan.
   • Design and implement audit tests to address identified risks and achieve the desired audit objectives efficiently, with a view to provide assurance to the General Manager Internal Audit, the Managing Director, and the Board of Directors that identified risks are effectively managed or mitigated.
3. Audit Reporting
   • Prepare suitable reports on key control weaknesses, detected non-compliance with bank policies, guidelines, statutory requirements and procedures.
   • Discuss findings with relevant managers, obtain their comments, and review reports with the General Manager Internal Audit for finalization.
4. External Audits and Compliance Coordination
   • Assist in coordinating inspections and audits by regulators (e.g., Bank of Uganda), BOA Group General Control, external auditors, and due diligence teams.
   • Follow up to ensure compliance with the recommendations from these audits and those arising from Internal Audit reviews.
5. Fraud Investigation
   • Investigate frauds, forgeries, and malfeasance, ensuring thorough documentation and reporting.
6. Regulatory Reporting
   • Review reports submitted to the Bank of Uganda and ensure they comply with regulatory requirements.
7. Staff Supervision and Development
   • Supervise audit staff and their work, ensuring that they are aligned with internal audit best practices and standards.
   • Contribute to their professional growth by providing training and guidance on audit best practices, broad and specific audit objectives, and detailed audit procedures.
   • Ensure that audit staff are conversant with these practices to guarantee a functional and resourceful audit team capable of achieving the desired audit outcomes.

• Education: Bachelor’s degree in Accounting or a related field.
• Professional Certification: CPA (U) or ACCA.
• Experience: At least 5 years of audit and banking experience.
• Technical Skills:

• Strong knowledge of audit standards.
• Familiarity with banking products, risks, and compliance requirements.
• Proficiency in computerized accounting and audit systems.
• Solid understanding of audit processes and working tools.
• In-depth knowledge of the Bank’s policies, processes, and procedures.
• Exposure to computerized accounting and audit systems.

Soft Skills: Leadership and team development capabilities; Excellent communication and reporting skills; High professional ethics and integrity.

• Technical Expertise: Strong knowledge of audit standards (IIA, IPPF/GIAS), banking regulations (Basel, AML/CFT, IFRS), and data analytics tools.
• Leadership Skills: Ability to lead and develop audit teams, plan risk-based audits, and manage multiple projects effectively.
• Banking Knowledge: Deep understanding of core banking operations, risk management, and compliance.
• Communication: Strong reporting, stakeholder management, and presentation skills.
• Ethics and Integrity: High professional standards and adherence to confidentiality.
• Adaptability: Continuous learning and cultural sensitivity in a diverse, dynamic environment.

1. Participate in preparation and performing audits arising from the Annual Audit Plan and specific requests from Management.
2. In consultation with the Audit Manager develop appropriate risk assessments to be used in the process of identifying risks within the various auditable units as per the annual audit plan. 
3. Develop appropriate audit tests aimed at addressing identified risks and achieving the desired audit objectives to provide assurance that risks are effectively managed or mitigated.
4. Perform normal and follow-up audits with minimal direction, from planning the audit work to resolving exceptions, communicating with responsible management, and writing reports.
5. Prepare clear and concise audit reports on audit findings, detected non-compliance with bank policies, guidelines, statutory requirements, and procedures for discussion with line managers and Audit Manager before final reports are issued for corrective action.
6. Follow up on all issues arising from audits and secure compliance with the agreed recommendations within the relevant time frame.
7. Conduct investigations into reported frauds and forgeries as may be assigned.
8. Review reports to Bank of Uganda (Daily, Weekly, monthly, and quarterly) as may be assigned.
9. Exercise due professional care in performing audit and inspection work, including reviewing operating efficiency and making recommendations for cost reductions and earnings improvement.
10. Continue professional development through self-training, participation in recommended courses and in house training.
11. Carry out any other duties that may be assigned from time to time.

• Education: Bachelor’s Degree in business field or related discipline.
• Professional Certifications: Possession of professional qualifications such as ACCA, CIA, CPA, CFE etc. is an added advantage. 
• Experience: 2 years’ banking experience preferably in audit and accounting.
• Working knowledge of computerized accounting and audit systems.
• Business acumen.
• Planning and prioritization skills.
• Analytical skills.
• Interpersonal skills with ability to influence people across the Bank. 
• Ability to work in a team.
• Ability to alternate between individual & group work.
• Rigor, discipline, and sense of responsibility.
• Personal initiative / self-drive and personal organization.
• Assertiveness with strong communication and presentation skills.
• Monitoring and follow up skills
• Ability to work in a fast - paced and results oriented environment.
• Will of learning and assimilation.

• Willingness to travel for stakeholder meetings, regulatory consultations, and operational reviews as needed.
• High ethical standards and a commitment to the values of the Bank.