Senior Internal Auditor 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

Audit Planning:

Develop and implement comprehensive audit plans and programs.
Identify key areas of risk within the organization and prioritize audit activities accordingly.

Conducting Audits:

Perform detailed audits of financial, operational, and compliance processes.
Evaluate the effectiveness and efficiency of internal controls and business processes.

Risk Assessment:

Conduct risk assessments to identify areas of potential concern.
Develop strategies to mitigate identified risks and recommend improvements.

Internal Control Evaluation:

Assess the adequacy and effectiveness of internal control systems.
Provide recommendations for strengthening controls and improving processes.

Compliance Verification:

Ensure the organization adheres to relevant laws, regulations, and internal policies.
Review and test compliance with established procedures and guidelines.

Financial Analysis:

Analyze financial statements and reports to identify discrepancies and irregularities.
Verify the accuracy and completeness of financial records.

Reporting:

Prepare detailed audit reports summarizing findings, recommendations, and management responses.
Present audit results to senior management and the audit committee.

Follow-Up:

Monitor the implementation of audit recommendations.
Conduct follow-up audits to ensure corrective actions have been taken.

Training and Mentoring:

Provide guidance and support to junior auditors.
Conduct training sessions to enhance the skills and knowledge of the audit team.

Continuous Improvement:

Stay updated on changes in auditing standards, regulations, and industry best practices.
Continuously improve audit methodologies and tools to enhance audit effectiveness.

Qualification, Experiences and Competencies

Bachelor’s degree in accounting, finance, business administration, or a related field.
Advanced degrees (e.g., Master’s in Accounting or Finance) or certifications (e.g., Certified Internal Auditor (CIA), Certified Public Accountant (CPA)) are highly preferred.

Experience:

Proven experience as an internal auditor, with several years in a senior or supervisory role.
Experience in financial auditing, risk assessment, and internal controls.

Skills:

Strong understanding of auditing principles, standards, and 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 accuracy in auditing and reporting.

Personal Attributes:

High ethical standards and integrity.
Strong organizational and time management skills.
Ability to work independently and as part of a team.
Effective communication skills, both written and verbal.

Technical Skills:

Proficiency in using audit management software and data analysis tools.
Familiarity with enterprise resource planning (ERP) 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 financial regulations and standards.
Familiarity with industry-specific auditing 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.

Continuous Learning:

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

Interpersonal Skills:

Strong interpersonal skills to interact effectively with colleagues, management, and external stakeholders.
Ability to build and maintain relationships with auditors, regulatory authorities, and other external parties.

Conflict Resolution: