• Audit Manager - UAP OLD MUTUAL GROUP

    Posted: 10 November 2017
    Viewed: 351 Times


    Old Mutual plc. Is a leading multinational long-term savings, protection and investment group which has been operating for over 170 years. It has operations in Africa, Europe, the Americas and Asia, supported by over 56,000 employees serving over 16 million customers. Old Mutual is listed on the London and Johannesburg Stock Exchange.

    The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya (www.oldmutual.co.ke), UAP Holdings (www.uap-group.com) and Faulu Microfinance Bank (www.faulukenya.com) forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan, Rwanda and the Democratic Republic of Congo.

    The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are further outlined below:

    Audit Manager -UAP OLD MUTUAL GROUP

    Job description

    Reporting Functionally to the Group Head of Audit and Administratively to the Managing DirectorRwanda, the role holder will support the Group Head of Audit in assisting the Board and Executive Management to protect the assets, reputation and sustainability of the UAP-Old Mutual Group as well as the functional management and audit assurance delivery of UAP-Old Mutual entities within the East Africa region.

    The role will be responsible for UAP-Old Mutual business operations in Rwanda that include; Short term Insurance – General Insurance and Health businessto ensure the company meets its audit obligations.

    The key objectives for this position are: -

    In consultation with the Group Head of Audit;

    • Manages, administers and executes audits for UAP-Old Mutual Rwanda and from time to time within the East Africa region. The role may necessitate up to 20% travel within East Africa.
    • Helps the business to deliver the strategic initiatives successfully by focusing on the significant risks, both existing and emerging.
    • Delivers multiple audit assignments in time & in accordance with the Group Internal Audit (GIA) methodology & quality standards.
    • Interacts with and provides audit assurance to the UAP-Old Mutual Rwanda Audit and Risk Committee.
    • Understands the risk profile of the business, gains and applies extensive industry knowledge in the various business lines.
    • Provides independent opinion on risk & control environment for the various business units or processes.
    • Engages with business unit process owners to agree on audit deliverables (risk assessments, control workshops and adequacy assessments), timeframes and issues audit findings in relation to work done.
    • Challenges and influences the relevant executives to improve the governance, risk and control culture.
    • Manages staff within area of responsibility including budgets.
    • Meets key customers to gain a better understanding of business expectations.
    • Provides clients with an understanding of GIA expectations and applies GIA protocols.
    • Contributes to developmental interventions and on the job coaching.

    Qualifications and Experience:

    • A Bachelor’s degree in relevant field.
    • Professional qualifications (CPA, ACCA, CISA, CIA).
    • Minimum of 4 years relevant experience in the internal audit function and / or external audit function.
    • Experience in the financial services industry is an added advantage

      Skills and Personal Attributes:
    • Excellent written and verbal communications skills including effective report writing ability.
    • Strong relationship management and interpersonal skills.
    • Ability to interact with Senior Management across various functions and departments within the UAP-Old Mutual Group.
    • Strong influencing and negotiation skills.
    • Driven to deliver real value and quality service to a demanding and diverse client base.
    • Confident and self-motivated.
    • Organized and structured approach with ability to multi-task.
    • Quality orientation.

    How to apply:

    Interested candidates who meet the above requirements are requested to apply for the role through resourcing@uap-oldmutual.com by 5.00 p.m. November 13, 2017.

    ONLY short-listed candidates will be contacted.


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