Background
Umoja is one of the fastest growing microfinance institutions in Uganda, which started
her operations on 1st October, 2021, and currently has a network of 78 branches
across the country, with a Head Office located at Plot 1a, Suuna, Lane, Ntinda. Umoja
is licenced by the Uganda Microfinance Regulatory Authority (UMRA) and a member
of the Association of Microfinance Institutions of Uganda (AMFIU). Umoja
Microfinance exists to serve and empower people to build brighter futures together.
Umoja means “Unity” in Swahili. We are focused on improving lives through financial
inclusion for all people. By providing the initial step up to those in need we believe we
can break the cycle of poverty and empower a new generation of entrepreneurs and
leaders in their communities.
Due to expansion in scope of our programmes, we are now seeking for qualified and
passionate individual willing to share in our vision and join the team in the following
role.
Position: Internal Auditor – Special Audits & Investigations
Report to: Internal Audit Manager.
Location: Main duty station is head office, Kampala, however this role requires regular
and extensive travel across the country, in our branches network.
Role Overview.
The Internal Audit Officer – Fraud is responsible for conducting investigations into
fraud and irregularities involving the company’s employees, customers, third parties,
and transactions. He/ She also plans, organizes and conducts various types of internal
audits as per the Audit plan.
The incumbent will help Umoja Microfinance accomplish its objectives by bringing a
systematic and disciplined approach to evaluating and improving the effectiveness of
risk management and controls.
Duties and Responsibilities include (but not limited to):
Investigate and analyse financial and operational data to uncover instances of
fraud, irregularities.
Collaborate closely with legal and law enforcement officers where investigations
proceed to police or court.
To conduct branch/ departmental audits each month according to the audit plan.
Help audit and ensure operational effectiveness by visiting client groups in
branches
Writing investigation/ audit reports backed up with clear evidence and working
papers after every investigation/ audit exercise.
Performing the full audit cycle including risk assessment, planning and evolution of
effective of internal controls over operations, financial analysis and reliability, in
addition to compliance with all applicable laws and regulatory requirements.
Obtaining, analysing and evaluating accounting documentation, reports, data,
flowcharts, system postings etc.
Stay updated on industry trends, best practices, and regulatory changes related to
fraud detection and prevention.
Academic Qualifications.
A Bachelor’s Degree in Accounting, Commerce or Finance, or other relevant
disciplines is required
Certified Public Accountant (CPA/ ACCA) certification required; Certified Internal
Auditor (CIA) or Certified Fraud Examiner (CFE) certification is preferred.
An IT related qualification/background is not essential but would be an advantage.
Skills/Knowledge.
A minimum of 3 years of related work experience, with expert skills in fraud
investigations, auditing techniques, accounting, analytics, critical thinking etc.
Knowledge of fraud prevention, detection, resolution and investigation.
Knowledge of Internal audit procedures and Auditing standards and relevant laws.
Ability to provide detailed perspectives of investigations or audit findings, which are
backed up with clear working papers and evidence.
A high degree of computer literacy, demonstrated ability to integrate technology
into the work environment.
Current knowledge of industry best practices, trends and issues.
Highly developed organizational, communication and presentation skills.
Some management or leadership skills.
Experience in budget planning and implementation would be advantageous.
Ability to travel long distances at short notice, including travelling overnight.
Note: Staff applying for this role MUST have never been involved in any fraud case,
whether discovered or not.
If you meet the above requirements and interested in applying, please send your
applications to [email protected] or hand deliver it to Umoja
Microfinance head office, Plot 1a Suuna Lane, Kampala. For more information, please
contact our office on +256 200956326/ 0786-721793/ 0706542094. You must include
your CV, cover letter and copies of relevant academic qualifications. The deadline for
applications is 28th August, 2024.
