Summary
Ensure compliance of the company to internal control systems, risk management and governance, procedures and policies with a view to safeguarding proper utilization of assets and other resources.
OBJECTIVES/ PERFORMANCE MEASURES/ INDICATORS
- Effective utilization of resources
- Compliance to policies, procedures, standards and controls
- Cost control, availability of timely and accurate information
- Risk management and safety of assets
- Compliance to safety regulations procedures
- Good process flow that ensures efficiency and effectiveness
Description
- Developing and implementing departmental plans in line with the corporate objectives
- Perform and control the full audit cycle including risk management and control management over operations effectiveness, financial reliability and compliance with all applicable directives and regulations.
- Determine internal audit scope and develop annual plans
- Obtain, analyze and evaluate accounting documentation, previous reports, data, flow charts etc.
- Prepare and present reports that reflect audit’s results and document process.
- Identify loop holes and recommend risk aversion measures and cost savings
- Document process and prepare audit findings memorandum
- Conduct follow-up audits to monitor management’s interventions
- In consultation with the seniors formulating and implementing corporate audit policies and procedures
- Providing regular briefing to Managing Director on the adequacy of the internal control systems in relation to risk management
- Formulating and implementing strategies for general, investigative systems and technical audit
- Developing and implementing Audit schedules
- Preparing accurate and timely reports and distributing to appropriate users and ensuring implementation of audit reports and internal controls
- Reviewing and updating audit manuals and maintaining a close working relationship with the company’s external auditors and other agencies on corporate governance issues
- Reviewing the reliability, integrity, timeliness and accuracy of financial and operating information to facilitate sound decision making by management
- Engage to continuous knowledge and development regarding sector’s rules, regulation, best practices, tools, techniques and performance standards.
- reviewing the Work Completed and Reports produced by Automate to flag inconsistencies with an aim of completely dealing with fraud
PROBLEMS/ KEY FEATURES/DECISION MAKING
- The job has a diverse range of broadly related tasks in audit of all processes. It also requires a degree of administrative and supervisory skills.
- Work is focused on ensuring that auditing procedures performed are in accordance with company policy and in line with statutory requirements
- A fair amount of the work is standardized however, there are a number of no-routine elements such as investigations, creativity in assessing success in processes
- Freedom of action exists to make independent decisions but with well established and clearly defined policy and procedural guidelines. There is regular reference to the Finance Manager
- Work can make significant impact on the work of the Service and Vehicle sales department and other relevant processes
- Errors can be detected without too much difficulty and can have considerable short term detrimental effects on the process
- Through loose controls there will be unsatisfactory performance leading to losses or fraud.
- Contacts are made within the business with people from other processes. These contacts involve exchange and interpretation of information with people at a number of levels
Education
- Bachelor’s degree in Finance
- CPA (K).
- Internal audit certification is a MUST.
- Computer Literacy.
More Details on Experience
- At least 5 years in Audit, three years should have been at senior level
More Details on Skills
- Must have good leadership and people management skills
- Good interpersonal skills, Skills in planning/organizing, creative and innovative.
Terms And Conditions
All applications should be submitted by 17th March 2024.