Internal Audit and Control Officer at Agromall Discovery and Extension Services Limited

Department: Audit and Control Department

Purpose

• The role will be responsible for implementing internal audit, Control and Corporate Governance system in AgroMall.

Principal Responsibilities
Operational and Technical Responsibilities:

• Ensure proper internal audit and control system in AgroMall and carry out Audit activities and prepare reports.
• Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organization and define control measures to ensure compliance.
• Supervise the execution of Agromall’s control procedures on financial processes such as revenue collection, receivable and asset management, investments, international operations, etc.
• Prepare/ review internal audit reports covering audit activities, findings and overall assessment of control environment.
• Ensure all financial transactions are bona-fide, accurate and processed in line with established policies and procedures and coordinate the review of all payment vouchers to both internal and external parties.
• Keep abreast of global and local best practice as it relates to the internal audit operations and control system.
• Coordinate the review of business/ operating processes and practices and information systems to ensure the adequacy of existing controls as well as mitigate errors, irregularities and fraud.
• Perform investigations into suspected fraudulent/sharp practices across the organization and recommend the appropriate line of action in response to findings.
• Investigate client complaints and provide reports on same.
• Prepare audit reports and advise units and committees on departure from policies, procedures, and other exceptions.

Relationship Accountability:

• Speaks and writes clearly and concisely by effectively identifying key points relevant to the subject matter;
• Actively listens, shares information, and proposes suggestions and solutions;
• Expresses his/her views and concerns in an impartial and constructive manner with the intent to resolve issues;
• Seeks guidance from supervisors if they are unclear on whether information can be disclosed, consistent with their obligations with respect to Agency information, as set out in the Agency’s applicable regulations, rules and policies.

Education, Technical Skills, Competences and Working Relationship
Education and Experience:

• First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc), MBA or Master’s degree in Finance or Accounting is an added advantage
• 4 years relevant experience of which at least two (3) years must have been spent in a similar role in the financial services industry
• Professional Membership
• Chartered membership of ICAN/ ACCA required

Competence and Technical Skills:

• Knowledge of audit techniques and methods required
• Knowledge of corporate governance practices and ability to analyze financial data
• Knowledge of finance, accounting, budgeting, and cost control principles
• Ability to read large volumes of documents effectively and extract necessary information
• In-depth understanding of the organization’s business issues
• Communication & Presentation, Good report writing skills and Negotiation
• Working knowledge of Microsoft Office Suite & the Internet
• Generic Skills, Team work, Integrity, Pro-activity and Detail orientation
• Savings on income leakages Timely and discreet execution of investigations
• Number of timely conducted audits and reduced fraud cases
• Comprehensive, clear, and constructive audit and fraud reports

Working Relationships:

• This position Internal Audit and Control Officer reports to the department manager

Working conditions:

• Work Environment.