Job Title: Accounts Assistant (2 Jobs) Organisation: Buildnet Duty Station: Kampala, Uganda…
Internal Audit Assistant Jobs – Buildnet
Job Title: Internal Audit Assistant
Organisation: Buildnet
Duty Station: Kampala, Uganda
About US:
Buildnet is a private limited liability company that was incorporated in 2011 under the laws of the Republic of Uganda. We are a Reputable, Compliant and Trusted Real Estate Development Company that has made a mark in providing Quality and Affordable housing options for people from all walks of life most notably, one, two and three bedroom Apartments for sale, richly endowed stand-alone villas all ranging from as low as 65M UGX.
Key Duties and Responsibilities:
Audit Planning & Execution:
- Assist in planning and executing internal audits across various departments, focusing on financial transactions, operational processes, and compliance with relevant laws and regulations.
- Participate in the execution of field audits, ensuring adherence to audit programs and procedures.
- Gather and analyze financial data, records, and documents to evaluate the effectiveness of controls and compliance.
- Identify potential areas of financial mismanagement, fraud, or operational inefficiencies and recommend corrective actions.
Risk Assessment & Control Testing:
- Assist in performing risk assessments to identify areas of potential concern and assess the effectiveness of internal controls in financial and operational systems.
- Test and evaluate internal control systems within the construction, sales, and accounting processes to ensure they are functioning as intended.
- Document findings of audits and control tests, and prepare draft reports summarizing results.
Financial Auditing & Documentation:
- Review and verify financial documents related to construction projects, condominium sales, and other financial transactions to ensure accuracy and compliance with company policies.
- Ensure that transactions are properly recorded and supported by adequate documentation such as contracts, invoices, and receipts.
- Assist in reconciling financial statements and accounts to ensure proper matching of records.
Audit Reports & Recommendations:
- Assist in drafting audit reports, providing detailed documentation of audit findings, areas of concern, and recommendations for improvement.
- Present audit findings and improvement recommendations to management and relevant departments.
- Follow up on the implementation of corrective actions to ensure that audit recommendations are being addressed.
Compliance Monitoring:
- Ensure that Buildnet Uganda’s financial and operational activities comply with relevant financial regulations, industry standards, and company policies, particularly in the real estate and construction sectors.
- Monitor ongoing compliance with tax regulations, accounting standards, and other regulatory requirements affecting the construction and sale of condominiums.
- Assist with the preparation for external audits and ensure proper documentation is available for review.
Fraud Prevention & Detection:
- Assist in detecting and investigating any suspected fraudulent activities or financial irregularities.
- Help to evaluate the effectiveness of anti-fraud policies and suggest improvements to mitigate the risk of fraud.
- Collaborate with relevant teams to develop and implement fraud prevention measures within the company.
Process Improvement & Efficiency:
- Participate in analyzing business processes to identify inefficiencies and opportunities for improvement.
- Recommend improvements to business processes, controls, and workflows to enhance operational efficiency, reduce costs, and minimize risks.
- Work with management to implement process improvements and monitor their effectiveness.
Internal Audit Support:
- Assist the Internal Auditor or Head of Internal Audit in various tasks related to audit preparation, execution, and reporting.
- Stay updated on the latest industry trends, audit standards, and best practices.
- Attend internal audit meetings and contribute to discussions on audit planning, scope, and risk assessments.
Qualifications, Skills and Experience:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Professional certifications (e.g., CPA, ACCA, CIA) would be an added advantage.
Experience:
- 3 years of experience in internal auditing, accounting, or finance roles, preferably within the construction, real estate, or a related industry.
- Familiarity with auditing software, financial systems, and office productivity tools (e.g., Microsoft Excel, QuickBooks, or similar tools).
Skills:
- Strong understanding of accounting principles, auditing procedures, and internal controls.
- Excellent analytical and problem-solving skills.
- Attention to detail and a methodical approach to work.
- Good written and verbal communication skills, with the ability to draft clear and concise audit reports.
- Ability to work under pressure and meet deadlines.
- Knowledge of relevant regulatory frameworks (e.g., local tax laws, accounting standards, etc.).
Personal Attributes:
- Strong ethical standards and professionalism in handling confidential and sensitive information.
- Ability to work both independently and as part of a team.
- Self-motivated with a strong desire to learn and grow in the field of auditing.
- Proactive and solutions-oriented mindset.
How to Apply:
All candidates should apply online at the link below.
NB: Physical/ hard copies will not be accepted.
Deadline: 10th February 2025
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