Internal Audit Officer at Graceco Limited

Responsibilities

• Review the company's operations and business practices, highlight areas for improvement and engage with all internal stakeholders to improve controls, mitigate identified risks and deliver the 3 'E' i.e. Economy, Efficiency and Effectiveness in Production, Sales, Marketing, Supply Chain, Logistics, Warehousing, Human Resources and Finance. Key Process areas for review include, but are not limited to:
  • Production Processes and Practices:
  • Meeting of supply demand
  • Management and utilisation of production resources
  • Commercial Practices:
  • Revenue recognition
  • Management of Trade Spend
  • Management of Sales Force Incentive Scheme
  • Customer’s Master Data management
  • Credit Management and Control.
  • Warehousing and Inventory Management:
  • Warehousing practices
  • Validation of existence of stock quantities and valuation

Financial Controls:

• Balance Sheet Reconciliations
• General ledger and Sub-ledger reconciliations
• Adequacy of controls and changes to Vendor / Customer Master File
• Procure to pay process
• T&E Expenses Management
• Fixed Assets Management.
• Safety, Environment and Security:
• Investigate fraud related cases and provide recommendation to management
• Review enterprise wide usage of the company's accounting and reporting software, ERPNext for adherence to controls within the systems at all levels.
• Any other responsibility as may be assigned by the Senior internal Auditor

Requisite Qualifications / Experience

• B.Sc. (1st or 2nd Class Upper) in Social Sciences or Management
• Qualified Accountant - ACA
• Minimum of 5 years’ experience in Audit, proficiency in Financial and Management Accounting
• Proficiency in the use of Enterprise wide Accounting Application such as ERPNext, SAGE or SAP, Ms Office packages and Power Point Presentation.

Required Skills/Attributes:

• Good team player
• Good oral and written communication skills
• Good interpersonal skills, people management and negotiating skills
• High awareness of quality issues and attention to details
• Strong sense of professionalism, integrity, and sound judgment and tact
• High level of sincerity and honesty with pragmatic and proactive approach to business
• Ability to maintain confidentiality.