Head, Internal Audit at Domeo Resources International (DRI)

Main Functions

• The Head of Internal Audit will oversee the organization’s internal audit function, ensuring effective risk management, internal controls, compliance, and operational accountability across all business units.
• The role involves leading audit activities, identifying operational and financial risks, preventing fraud and revenue leakages, and ensuring compliance with company policies and regulatory standards. The ideal candidate must possess strong leadership, analytical, and investigative skills with extensive hospitality auditing experience.

Role Responsibilities
Audit Leadership and Compliance:

• Develop and implement internal audit plans and strategies.
• Supervise and coordinate audit activities across operational departments.
• Ensure compliance with internal controls, company policies, and statutory regulations.
• Evaluate operational processes and recommend improvements for efficiency and accountability.
• Conduct risk assessments and identify areas of operational vulnerability.

Financial and Operational Auditing:

• Review financial transactions, inventory records, procurement processes, and operational expenses.
• Monitor revenue assurance processes and identify leakages or fraudulent activities.
• Conduct surprise audits across restaurants, bars, kitchens, and stores.
• Ensure proper documentation and adherence to operational procedures.

Reporting and Risk Management:

• Prepare audit reports, findings, and recommendations for management review.
• Escalate major compliance breaches and operational risks promptly.
• Follow up on implementation of audit recommendations and corrective actions.
• Support external audit and regulatory inspection exercises.

Team Leadership and Development:

• Supervise, mentor, and evaluate internal audit staff.
• Ensure continuous training and capacity development for the audit team.
• Promote ethical standards, accountability, and professionalism.

Qualifications and Requirements
 Education and Certifications:

• Bachelor’s Degree or HND in Accounting, Finance, Economics, or related discipline.
• ICAN, ACCA, ACA, CIA, or related professional certification is required.

Experience:

• 4 - 8 years’ experience in auditing, accounting, or compliance management.
• Must have strong experience in hospitality, restaurant, lounge, or resort operations.
• Proven experience managing internal audit functions and operational risk assessments.

Skills
Leadership and Analytical Skills:

• Strong leadership and team management abilities.
• Excellent analytical, investigative, and reporting skills.
• Strong understanding of internal control systems and audit procedures.

Technical and Communication Skills:

• Proficiency in Microsoft Excel and accounting software.
• Excellent communication and presentation skills.
• High level of integrity, professionalism, and confidentiality.