Develop and implement comprehensive internal audit plans based on organizational goals and risk assessment. Collaborate with management to identify areas for audit coverage.
Risk Assessment and Mitigation:
Evaluate and assess internal controls to identify potential risks. Develop strategies for mitigating identified risks and improving control processes.
Audit Execution:
Conduct internal audits in accordance with established audit plans and timelines. Perform detailed testing of financial and operational processes to ensure compliance with policies and regulations.
Documentation and Reporting:
Prepare clear and concise audit documentation. Communicate audit findings and recommendations to management in comprehensive audit reports.
Compliance Monitoring:
Monitor and ensure compliance with internal policies, procedures, and external regulations. Stay updated on changes in regulations affecting the industry.
Process Improvement:
Provide recommendations for improving the efficiency and effectiveness of internal controls. Collaborate with relevant departments to implement recommended changes.
Fraud Detection:
Conduct investigations to identify and prevent fraud, waste, and abuse. Implement measures to strengthen fraud detection and prevention.
Qualifications:
Bachelor's or HND degree in Accounting, Finance, or related field; Proven experience as an internal auditor or in a similar role is a plus. Strong analytical and problem-solving skills. Excellent communication and interpersonal skills. Familiarity with industry regulations and compliance standards. Ability to work independently and collaboratively as part of a team.
