Internal Audit Manager job at True North Ltd | Apply Now

Responsibilities.

• Conducting Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent frauds, embezzlements, misappropriations, misuse, and wastage and ensure the organization’s objectives are achieved economically, efficiently, and effectively.

• Develop and maintain the internal audit policy and procedures to ensure that the best practice is adhered to and that audits address specific areas of risk management

• Prepares and submits special reports to management on various aspects of financial management, including asset management and security, financial reporting, decision support systems, and Management Information Systems.

• Presenting the audit report to the Directors highlighting any areas of concern and the resultant action plan.

• Identify common features across audits and organization-based issues, proposing appropriate system improvements.

• Contributing to the continuous review of the organization’s financial systems and to recommend changes as necessary

• Specify the internal checks including pre-audit checks, adherence to policies, procedures, and compliance with rules, laws, and regulations to ensure that payments to suppliers and other entities are made, following the stipulated guidelines.

• Ensuring that system controls exist for accurate and reliable financial and other information

• Analyze, reconcile, and conduct verification regarding accounts being examined.

• Conducts surprise cash counts of company funds as required

• Gathers, verifies, and analyses monthly sales reports, organizational contracts, and other related documents

• Conducts system review to assess its effectiveness and efficiency and recommends necessary actions to improve deficient conditions

• Witnesses inventory taking of the company’s fixed assets and stocks monthly, quarterly, and annually.

• Submits audit observations and recommendations to the supervisor for review and evaluation.

• Conducting any other related tasks that may be assigned by management