Job Summary

FAE LTD requires the service of an internal auditor with a proven ability to establish corporate finance departments, who can achieve good corporate governance for open, transparent, accurate and timely financial and management reporting, risk management, strong systems of internal control and can ensure strict compliance with the company policy.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 4 years

Job Description/Requirements

The ideal candidate should be able to;

  • Monitor and ensure compliance with established company policies and recommended amendment to the existing policies.
  • Carry out several investigations, communicate the reports to management for effective decisions making.
  • Discover theft or fraud/stealing of raw material and finished products.
  • Create a process to curb subsequent reoccurrence theft situation with close monitoring.
  • Investigate and detect abnormal wastage within the system and recommend a process to curb same.
  • Ensure compliance with the recommended process and make sure it is effective and efficient.
  • Supervise daily financial transactions by ensuring compliance with the company policies in respect of vouching, authorization process and eventual posting into the Sage50 software.
  • Monitor budget and present variance analysis report
  • Carry out  periodic stock count and institute a transparent process in the inventory department and carry out regular review of the set procedures and weekly stocktaking.
  • Institute a transparent process in the Factory/Production department.
  • Give numerous business advices to management on moving the company forward.
  • Design various templates, reporting processes and authorization process to enforce a very strong internal control system.
  • Ensure compliance with accounting procedures and processes.
  • Establish internal control systems and ensure compliance with policies and procedures and make recommendations for improvements
  • Perform regular substantive tests to identify and resolve accounting issues
  • Perform regular test of controls to ensure their effectiveness.
  • Identify accounting issues and perform the necessary research to resolve such issues
  • Engage in regular management meetings to discuss findings of investigations, identify risk areas and make recommendations.
  • Advice management on the proper choice of accounting policies especially tax-related issues such as VAT input and application of WHT to set off income tax.
  • Assist the accountant in finalizing the preparation of financial statements, before presentation to both external auditor and tax auditors.
  • Attend to the reconciliation meeting with tax auditor and do meeting with external tax consultants and external auditors.   
  • Ensure proper follow up of the internal audit plans for the year
  • Preparation of variance analysis of actual performance and budgeted activities on weekly, month, quarterly and yearly, identifying the causes and make recommendation for a way forward.
  • Proper management and supervision of materials release from store and the outputs from factory and presentation of such reports to management on a weekly basis
  • Supervise and review all the postings on the Sage50
  • Supervise and assist in the treatment of tax transactions such as monthly VAT, WHT, CGT and PAYE returns
  • Effective interaction and communication with both external and tax auditors
  • Review staff salary and PAYE filing returns


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