Manager Internal Audit job at Insurance Training College (ITC)

Organization:

Insurance Training College (ITC)

About the Organization:

The Insurance Training College (ITC) of Uganda is a public tertiary institution serving as the training and membership arm of Uganda’s Insurance sector. The college is mandated to carry out Education, Training, and professional development in the insurance sector with the goal of promoting professionalism. ITC is licensed by National Council for Higher Education (NCHE) and all its programmes are accredited and recognized by National Council for Higher Education."

Job Description

Objectively review Insurance Training College's business processes to ensure adequacy and effectiveness of Governance, risk management and internal controls.

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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 compilation 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 all audit plans, work papers, findings, reports, and follow-up audits
Keep abreast and research the latest trends and issues in the industry as well 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 utilization 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.

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Qualifications and Experience

Bachelor's degree in Accounting or Finance from a recognised institution.
Full professional qualification in ACCA, CPA, CIA or any other relevant Courses
Postgraduate studies in Business Administration, Finance, Accounting or Auditing from a recognised institution is a requirement.

Minimum Experience:

At least five years of relevant working experience in a reputable organization, of which 2 must have been at senior management|

Competencies And Knowledge:

Abilities

Applies 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 skills

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 skills: ask questions in ways that enhance the clarity, quality and reliability of information
Decision making skills; makes timely, informed decisions that take into account the facts, goals, constraints and risks
Ability to apply sound judgment, think creatively and find effective solutions to complex problems.

How to Apply

Interested candidates are invited to send their applications by email to hr@itc.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. ITC is an equal opportunities employer.