Internal Audit Assistant ENCOT Microfinance

Serving over 36,000 clients in 17 districts of the Mid-Western and Central region(s) of Uganda, ENCOT Microfinance Limited (ENCOT) is a social impact, fast growing and innovative MFI operating a network of 10 branches of Hoima, Masindi, Kigumba, Kagadi, Nakasongola, Kawempe, Luweero, Bweyale, Katikara and Karuguuza. ENCOT’s mission is to provide microfinance services to low-income smallholder farmer communities, most especially women, to allow them curve their own paths out of poverty through creation of own jobs. ENCOT is seeking to recruit dynamic, self-motivated and result oriented professionals to urgently fill the following positions:

2. Internal Audit Assistant – Head Office

• The purpose of this position is to assist the Internal Auditor to conduct audits and ensure that all company systems, policies and procedures are being observed and applied and make recommendations for improvement.
• The Internal Audit Assistant will assist the Internal Auditor in the effective management and development of the audit department.

Key Result Areas:
• To assist the Internal Auditor with establishing the objectives, scope and methodology of audits and developing audit programs.
• To help in the execution of internal audits as per the approved annual audit in a professional manner and in accordance with current professional auditing standards.
• To conduct risk analyses to develop the nature, timing and extent of audit procedures for the audits.
• To assist in reviewing & evaluation of the overall accounting and operational internal controls for both computerized systems and non-computerized processes to their adequacy and effectiveness.
• To help in investigating and reporting on compliance breaches, identifying and documenting agreed upon remedial actions.
• To create working papers to document the audit work performed, collect, analyze and document information which supports internal audit results.

Minimum Qualifications:
• Bachelor’s degree in Business Administration, Commerce, Finance & Accounting, Administration, Audit and any other related field.
• Professional certification in accounting and/or Auditing such as CIA, ACCA or CPA is an added advantage.
• At least one (1) year working experience in Finance/Accounting and/or Audit/Risk management.

Core Capabilities:
• Exposure to best practice financial management in a financial institution or an audit firm.
• Proficiency in MS office suite and good understanding of IT and its role in modern management
• Knowledge of current accounting and auditing standards, procedures and requirements.
• Analytical skills.

Note: Field transport and other facilitation will be provided.