Auditor - Compliance job at National Lotteries and Gaming Regulatory Board

About the Organization

Job Description

The National Lotteries and Gaming Regulatory Board ("The Board") was established in 2016 under the Lotteries and Gaming Act 2016 with a mandate to supervise and regulate the establishment, management and operations of the lotteries, gaming, betting and casinos in Uganda, and to protect the citizens from the adverse effects of gaming and betting in Uganda.
Our Vision is "A technologically driven and revenue generating gaming sector free from adverse effects" The Board invites Online applications from suitably qualified applicants to fill vacant position that exists within the Board's structure as listed below,

Duties and Responsibilities

Compliance Audits:

Conduct regular compliance audits to ensure adherence to internal policies, regulatory requirements, and industry standards.
Develop audit plans and programs tailored to the organization's needs and compliance objectives.

Risk Assessment:

Identify and assess areas of potential compliance risk within the organization.
Evaluate the effectiveness of existing controls and recommend improvements to mitigate risks.

Review of Policies and Procedures:

Review and evaluate the organization's policies, procedures, and practices to ensure they are up-to-date and compliant with applicable laws and regulations.
Recommend changes to policies and procedures as needed to enhance compliance.

Internal Control Evaluation:

Assess the adequacy and effectiveness of internal controls related to compliance.
Recommend enhancements to control systems to improve compliance performance.

Reporting:

Prepare detailed audit reports that document audit findings, recommendations, and management responses.
Present audit findings to senior management and relevant stakeholders.

Follow-Up:

Monitor the implementation of corrective actions to address audit findings.
Conduct follow-up audits to ensure that identified issues have been resolved.

Training and Education:

Provide training and education to employees on compliance-related topics.
Promote awareness of compliance requirements and best practices throughout the organization.

Regulatory Liaison:

Serve as a point of contact with regulatory bodies and external auditors on compliance-related matters.
Assist in responding to regulatory inquiries and requests for information.

Data Analysis:

Analyze data and trends to identify patterns of non-compliance and potential areas of concern.
Use data analytics to enhance the effectiveness of compliance audits.

Continuous Improvement:

Stay informed about changes in laws, regulations, and industry standards that impact the organization's compliance obligations.
Continuously improve audit methodologies and processes to enhance the effectiveness and efficiency of compliance audits.

Qualification, Experiences and Competencies

Bachelor’s degree in accounting, finance, business administration, or a related field.
Advanced degrees (e.g., Master’s in Business Administration) or certifications in compliance or auditing (e.g., Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Compliance & Ethics Professional (CCEP)) can be advantageous.

Experience:

Proven experience as an auditor, compliance officer, or in a related role, preferably within the same industry.
Experience conducting compliance audits and risk assessments is highly desirable.

Skills:

Strong understanding of auditing principles and compliance regulations.
Excellent analytical and problem-solving skills.
Proficiency in audit software and tools, as well as data analysis techniques.
Strong written and verbal communication skills for reporting and presenting audit findings.
Attention to detail and the ability to work independently.

Personal Attributes:

High ethical standards and integrity.
Ability to handle sensitive and confidential information with discretion.
Strong organizational and time management skills.
Ability to work effectively under pressure and meet deadlines.

Technical Skills:

Proficiency in using audit management software and data analysis tools.
Familiarity with regulatory compliance software and systems.
Strong IT skills, including proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Optional Skills

Industry Knowledge:

Knowledge of the specific industry in which the organization operates, including relevant regulatory requirements and standards.
Familiarity with industry-specific compliance challenges and best practices.

Project Management:

Ability to manage multiple audit projects simultaneously and coordinate with various departments.
Understanding of project management methodologies and tools.

Interpersonal Skills:

Strong interpersonal skills to interact effectively with employees at all levels of the organization.
Ability to build and maintain relationships with regulatory authorities and external auditors.

Continuous Learning:

Commitment to continuous professional development and staying current with changes in the compliance and auditing fields.
Participation in relevant professional organizations and obtaining additional certifications.