Internal Auditor at Human Capacity Development Consultants (HCDC)

Reporting Line: The Honorary Treasurer

Objective:

The Internal Control and Compliance Manager is responsible for broad internal control activities including; development and training on policies and significant coordination with internal and external auditors. Work with the management team on overall compliance and corporate governance.

Responsibilities:

• Critically and continually review and assess risk & internal controls in Club processes using risk management & internal controls best practices.
• In conjunction with management, conduct, planned & ad-hoc risk & internal control assessments of all Clubs’ processes. Report on results, agree action plans, deadlines and responsibilities with department Heads and ensure full implementation of audit findings.
• Ongoing maintenance of the company's policies and procedures and regular communication of the policies and procedures to staff.
• Test & sign off new controls for Club operations processes prior to implementation as directed by Board/Management.
• Maintenance of the schedule of contracts and the schedule of guarantees.
• Investigate, report and implement corrective actions for all internal, external theft and fraud incidents
• Support on investigations highlighted from the Club’ Operation team relating to missing stock/shrinkage issues identified, and ensure that Retail shrinkage is reported correctly and timely to Area.
• Be responsible for directing, coaching, advising and supporting Club in achieving statutory compliance.
• Work in close relation with management team to review, improve and harmonize processes and update policies and controls accordingly.
• Training, guidance and compliance testing on Health & Safety, Business Continuity within the Market
• Conduct internal controls & profit protection assessments of other subsidiaries within the area
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Determine internal audit scope and develop annual plans
• Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc
• Prepare and present reports that reflect audit’s results and document process
• Act as an objective source of independent advice to ensure validity, legality and goal achievement
• Identify loopholes and recommend risk aversion measures and cost savings
• Maintain open communication with management and audit committee
• Document process and prepare audit findings memorandum
• Conduct follow up audits to monitor management’s interventions
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
• Performing analytical procedures on expected or unexpected variances in members’ account balances or classes of transactions
• Review operations to ascertain whether or not results are consistent with the established objectives or whether or not such programs are being carried out as planned.
• Researching and assessing how well risk management processes are working and recording the results using software such as Microsoft Word and Excel;
• providing ad hoc advice and guidance to managers and staff at all levels, sometimes by delivering courses and training sessions;
• performing risk assessments on key business activities and using this information to guide what to cover in audits;
• anticipating emerging issues through research and interviews and deciding how best to deal with them;
• providing support and guidance to management on how to handle new opportunities;
• agreeing recommendations with relevant staff members to make improvements to operations and helping to secure backing for them in meetings;
• preparing reports to highlight issues and problems and distributing the reports to the relevant people;

Qualifications and Key Skills

• 5+ years of audit experience
• First degree in Accounting or Finance and professional membership with ICAN, CIA or ACA qualification is required.
• Experience in COSO implementation
• Experience of Risk management, Security and Audit
• Advanced computer skills on MS Office, E-card Commerce Platform, Peachtree (SAGE) and other accounting software and databases.
• Internal investigations experience preferable
• Effective communication and team work skills
• Proven working experience as Internal Auditor
• The ability to use your own initiative.
• Ability to manipulate large amounts of data and to compile detailed reports
• Proven knowledge of auditing standards and procedures, laws, rules and regulations
• High attention to detail and excellent analytical skills
• Sound independent judgment