Job Title:  Internal Auditor    

Organisation: Pride Bank Limited (PBL))

Duty Station: Kampala, Uganda

About Organisation:

Pride Bank Limited (PBL) was licensed at a Tier II Credit Institution by Bank of Uganda (BoU) in November 2024 and has a capital base of Ugx. 175.8 billion. Pride aims at transforming lives responsibly by focusing on three High Impact Goals: boosting sustainable agricultural value, growing sustainable SMEs to drive economic transformation and fostering economic resilience through financial inclusion while offering innovative financial and non-financial solutions to people at the base of the economic pyramid and serving customers through 42 networked branches and 5 contact offices across the country.

Job Summary:   The Internal Auditor will be reporting directly to the Senior Internal Auditor and will be responsible for providing assurance services on the company’s operations in relation to the laid down Pride policies, procedures, and practices focused on effective and efficient management of risk and compliance issues to acceptable levels.

Key Duties and Responsibilities:

• Developing audit plans and scopes based on risk assessments.
• Executing audit procedures, including data analysis, testing and documentation.
• Ensuring audits are conducted in accordance with relevant accounting standards and regulations.
• Examining financial statements, records and transactions for accuracy and completeness.
• Evaluating the effectiveness of internal controls and identifying/recommending areas of control improvement/enhancement.
• Assessing the risk of financial errors, fraud or non-compliance.
• Verifying compliance with laws, regulations and internal policies.
• Identifying areas where compliance is lacking and recommending corrective actions
• Lead in identifying potential Risks and vulnerabilities within Pride and coming up with recommendations to management for fixing them and conduct audits aimed at ensuring that risks are appropriately dealt with.
• Tracking closure of all identified audit issues.
• Liaise with the IT and special audits staff to develop comprehensive risk based Annual Internal Audit plans.
• Develop and maintain risk focused Internal Audit policies and procedures.
• Coordinate the implementation of the Annual Audit Plan and ensure appropriate resource requirements are provided for adequate coverage of the audit activities.
• Identify risk-focused training needs and requirements and support related trainings.
• Evaluate the periodic risk assessments and effectiveness of risk management, control and governance processes as well as reliability of financial information.
• Preparing clear and concise audit report summarising findings and recommendations and communicate audit findings to management and stakeholders.
• Monitoring/tracking implementation of audit recommendations and corrective actions.

Qualifications, Skills and Experience:

• The ideal candidates should have a Bachelor’s degree in commerce, Business Administration or Business related subjects from a reputable University
• At least Level II of professional qualifications such as ACCA, CPA (Level II), CIA and CISA.
• Should possess at least 3 years’ experience in Audit, Finance or Accounting.
• Should possess 2 principal passes at A’ level and credits/pass in Mathematics and English at O’level.
• Should have detailed knowledge of systems, products, and the environment of Financial Institutions especially Microfinance.
• Possession of IT skills and knowledge in the commonly used Office packages, Accounting packages and Audit software will be an added advantage.
• Should be a person of integrity and honesty with a clean track record.
• Should not me more than 35 years of age and should be willing to travel frequently upcountry.

All Internal staff should have at least good performance rating in the recent appraisal cycles.

If you believe you have the necessary skills and experience and desire to make a difference, then apply immediately and send a detailed curriculum vitae, letters of recommendation from 3 referees, copies of academic transcripts, postal address and a daytime telephone contact. Interested candidates should forward their applications to the HEAD PEOPLE & CULTURE via Email to: recruitment@pridemicrofinance.co.ug

NB: Only shortlisted candidates will be contacted