HEAD INTERNAL AUDIT THE AUTHORITY (BOARD).
JOB PURPOSE: To provide independent and objective assurance services that will add value by improving efficiency and effectiveness in ERA’S operations.
KEY DUTIES AND RESPONSIBILITIES:
Develop risk universe that identifies risks and prioritizes audit interventions to optimize resource usage and present this to the Authority for approval. The scope should cover the following among others:-
(a) Review the Authority’s risk register and make appropriate recommendations.
(b) Provide assurance to the Authority that all controls and governance processes in ERA are managed effectively to enable the Authority achieve its strategic objectives.
(c) Conduct financial, operational, compliance, value for money, Information systems and performance audits on the various operations and functions of the Authority.
(d) Ensure compliance of ERA with laws, regulations, policies, procedures and regulatory best practice and report any anomalies and recommendations thereof.
(e) Assess, analyze and measure risks relating to operational standards and make recommendations for policy amendments/ process improvement to cope with the dynamic operating environment
(f) Review the suitability of internal control design and operation to mitigate financial, operational, environmental and strategic risks of the Authority.
(g) Prepare and present monthly audit reports of findings and recommendations to the Authority and any other ad-hoc reports as may be required by the Authority or dictated by emerging issues as need arises.
(h) Carry out any other tasks assigned by the Authority.
COMPETENCIES: Minimum Education / Qualifications.
• Strong numeric, analytical and financial skills.
• Thorough grasp of standards, regulations and best practices in auditing and accounting.
• Competent in auditing or working with computerized accounting t and enterprise systems.
• Good interpersonal and communication skills.
KEY OUTPUTS:
• Quarterly comprehensive Audit reports to the Authority.
• Follow up implementation of audit recommendations and Management action plans.
• Liaison with external (Independent Auditors)
• Advice to Authority on improvement on staff and institutional performance
• Recommendations on improvement of policies, procedures and practices in ERA in light of the strategic objectives. Education & Training
• An Honors Degree in Commerce /Finance, Business Administration (Finance), or Financial Economics.
• Must be a registered member of ICPA (U) and membership to any other Recognized Supervisory Body (RSB) like ACCA, ICAEW and CPA will be added advantage.
• A postgraduate qualification in Management Finance or related discipline is an added advantage
Experience:
• At least 5 years of relevant experience in Auditing
• Previous audit work in corporate/statutory bodies will be an added advantage
• Knowledge in regulation would be of added advantage.
Age: The Applicant should be above 30 years of Age
Tenure: Five (5) year contract with possibility of renewal at expiry.
Salary and benefits: The successful candidates will be paid a competitive salary.
How to Apply:
Applicants should submit by recorded delivery their applications and enclose copies of:
• Certificates of academic/professional qualifications and Curriculum Vitae
• Address (including daytime telephone, fax or e-mail) of the applicant
• Address (including daytime telephone, fax or e-mail) of three referees
Addressed to:
The Director Financial S Administrative Services
Electricity Regulatory Authority
Plot 15 Shimoni Road
P.O Box 10332 Kampala, Uganda
Applicants who do not meet the above minimum requirements need not apply.
N.B Members of the Electricity Regulatory Authority or staff of ERA Secretariat shall not be accepted as referees.
Canvassing or any attempt at it will lead to immediate disqualification. ERA is an equal opportunities employer. If you do not hear from ERA within 2 months after the closing date, regard yourself as unsuccessful.
