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, condominiumsales, 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.