Audit Specialist at Unified Payment Services Limited

Job Objectives

• Plans financial audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; determining audit scope and objectives; drafting audit programs.
• Assesses compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation.
• Assesses risks and internal controls by identifying areas of non-compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and operational issues. • Verifies assets and liabilities by comparing and analyzing items to supporting documentation.
• Completes audit work papers and memoranda by documenting audit tests and findings.
• Communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports.
• Supports external auditors by providing information required.
• Provides financial control information by collecting, analyzing, and summarizing data and trends.
• Deliver training/knowledge transfer sessions to meet departmental cross training Needs.

Duties and Responsibilities

• Conducts Financial Audit and Other Audit Reviews such as ; Stock take exercise/Inventory management review and reporting, Staff allowances and advances review and audit, Fixed asset tagging and verification, Consumable consumption management, prepayments, Accounts Payables, PayAttitude stock management & Operations review, Spot checks on company’s cash and fixed assets, attendance at User Acceptance testing for projects /products and the management of asset bidding process for item disposal.
• Proffer workable value added solutions for management consideration.
• Effectively discuss audit issues and develop business focused controls recommendations to strengthen control lapses and weaknesses.
• Conduct investigation assignments from time to time.
• Perform Adhoc task/assignments and departmental administrative duties as assigned from time to time.

Key Performance Indicators

• 100% achievement and timely submission of audit reports.
• Timely completion of all financial audit assignments within agreed KPI timeline
• Timely submission of reports for Management comments and approval.
• Timely conduct of departmental training within a given appraisal period.
• Timely conduct of investigation assignments for Management decision making
• Education University: First degree(s) in Accounting. Others: Associate Chartered Accountant (ACA) ie ICAN Professional Certification, Certified Information system Auditor (CISA) would be an added advantage.

Key Competency Requirements

• Experience: Understanding of the key technical concepts in Financial & IT Audits.
• Minimum of 3-6 years of audit working experience in Financial Auditing.
• Knowledge - Financial Auditing & Accounting knowledge
• Fundamentals of E-payment Settlement process and cycle.
• Payment Card concepts and techniques.
• Clear understanding of Payment Card industry standards and regulations.

Skill / Competencies:

• Strong interpersonal skills and Deductive reasoning abilities.
• Good analytical and financial reporting skills.
• Financial Diagnosis, Analyzing Information, Research Skills, Reporting Research Results, Verbal Communication, Integrity and Trust, Attention to Detail and Objectivity.