Internal Audit officer

Responsibilities:

• Evaluate how well different business units (like procurement, human resources, and IT) function.
• Perform physical inventory checks, verify cash counts, and ensure company resources are not misused.
• Spot operational bottlenecks, inefficiencies, or structural weaknesses and recommend practical ways to improve them.
• Identifying and mitigating risks is a primary function of internal audit.
• Identify areas of potential vulnerability across the organization before problems arise.
• Ensure that the company's risks are managed within the boundaries set by the board of directors and executive leadership.
• Monitor changes in industry rules and ensure the company remains compliant with relevant legislation and standards.
• Check that daily operations align with the company's internal guidelines and standard operating procedures.
• Examine accounting records, expense reports, and financial statements to guarantee accuracy and completeness.
• Analyze data for red flags, irregularities, and discrepancies that may indicate fraudulent activities or financial mismanagement.
• Compile their findings, observations, and recommendations into formal audit reports presented to senior management and audit committees.
• Follow up with department heads to ensure that the recommended solutions and remedial changes are effectively implemented.

Requirements:

• Candidates must possess a Bachelor’s degree in Accounting, Finance, Engineering, Business Administration, or a related discipline.
• 5–7 years of relevant experience in Internal Audit, External Audit, Risk Management, Internal Controls, or Compliance.
• Applicants should demonstrate the ability to independently execute audit assignments from planning to reporting and have a strong understanding of internal controls, audit methodologies, and risk-based auditing principles.