JOB DESCRIPTION
Responsible for drafting annual audit plan, programming activities, determining resource needs; checks adequacy and relevance of internal accounting procedures and operating systems.
Essential Functions
1. Gathers information that can be analyzed and converted into valuable insights into how the company can be run more efficiently:
2. Performs financial audits to ensure the company organization is using generally accepted accounting principles, procedures and standards to create and manage financial information through the review of financial statements. identifies data entry errors or misstatements or omissions in the company’s financial statements.
3. Performs compliance audits to ensure legal compliance and in meeting IT security, environmental, operational and performance oversight objectives.
4. Conducts reviews of unit activities and control systems within the organization, at appropriate intervals to determine whether the units are effectively carrying out their functions of administration, accounting, safeguarding of assets, management stewardship and control in accordance with management's instructions, policies, and procedures, and in a manner which supports the attainment of units’ objectives.
5. AUDIT PLANNING
6. DESIGNS THE AUDIT PROGRAM and COMPLETES THE AUDIT CHECKLIST
7. AUDIT NOTIFICATION
8. AUDIT RESOURCE PLANNING
9. OPENING MEETING
10. UNDERSTANDING PROCESS, POLICIES and PROCEDURES
11. EXECUTION OF THE AUDIT
12. CONDUCTS AUDIT FIELD WORK
13. CONDUCTS INTERIM BRIEFINGS AND CLOSING MEETINGS
14. AUDIT REPORTING
15. Prepares internal audit charter and reviews it annually and modify as appropriate.
16. Reviews effectiveness of the internal audit activity to include compliance with the International Standards for the Professional Practice of Internal Auditing or Institute of Internal Auditor’s Guidance.
17. Periodically review the adequacy and appropriateness of the organization’s policies, procedures, complaints handling program, authority matrix, governance, risk management, quality assurance and internal control.
18. Reviews contracts and other agreements with outside firms providing goods and services as appropriate. Review the records and documentation of these outside firms when deemed necessary to ascertain compliance with contract terms.
19. QUALITY ASSURANCE
20. Reviews the report, findings and recommendations of the external auditor.
21. Conduct special examinations at the request of management.
22. Performs audit in priority areas to protect against fraud and theft of the organization's assets.
23. Ensures that the organization is complying with relevant laws and statutes.
24. Establishes the authority of Internal Audit in Accordance with the International Standards for the Professional Practice of Internal Auditing.
25. Develop a plan for internal staff training and provides inputs on training requirements, competence and skill issues of people.
JOB SPECIFICATION
A graduate of Bachelors of Science in Accountancy
Certified Public Accountant ( CPA ) is a plus.
Good analytical skills
Keen attention to details
Good communication and interpersonal skills
Proficient in using MS Office Applications
High sense of integrity and professionalism
