Job Purpose
The Internal Auditor Executive plays a vital role in fostering a culture of transparency, accountability, and continuous improvement within the organization. By working collaboratively with all levels of the organization, the Internal Auditor Executive ensures that governance, risk management, and internal control processes are effective and aligned with the organization's goals.
Duties and Responsibilities:
- Perform detailed audits of financial, operational, and compliance activities to evaluate the effectiveness and efficiency of internal controls.
- Ensure adherence to organizational policies during audits.
- Identify and assess potential risks to the organization, including financial and operational risks.
- Execute audit plans based on risk assessments to address high-priority areas.
- Evaluate the adequacy and effectiveness of internal control systems.
- Recommend improvements to strengthen internal controls and minimize risks.
- Review financial statements and other documentation to ensure accuracy and compliance.
- Develop detailed audit plans outlining objectives, scope, methodology, and timelines for each audit assignment.
- Coordinate with various departments to schedule and implement audits.
- Document audit findings, including discrepancies, irregularities, and areas for improvement.
- Prepare and present audit reports to Team Lead, including actionable recommendations.
- Work closely with department members to discuss audit findings, assist in corrective actions, and ensure improvements are implemented.
- Follow up on previously identified audit issues to ensure resolution.
- Identify potential fraud or unethical behavior and report it according to organizational protocols.
- Recommend measures to prevent fraudulent activities and improve fraud detection mechanisms.
- Suggest and support process improvements to increase operational efficiency and reduce risk.
- Maintain confidentiality of sensitive information obtained during audits.
Skills required:
- Analytical Skills
- Knowledge of Auditing Standards and Regulations
- Risk Management Expertise
- Communication Skills
- Project Management Skills
- Confidentiality and Integrity
- Fraud Detection and Prevention Skills
Qualifications:
- ACCA / CA INTER / CIA