Head, Internal Control & Audit at Proten

Job Description

• Design, implement, and maintain internal control policies and procedures to ensure adherence to company standards and compliance with relevant laws and regulations.
• Identify potential risks and develop strategies to mitigate them, ensuring the company's resources are protected from fraud, theft, or other unethical activities.
• Stay updated with relevant laws and regulations related to furniture manufacturing, procurement, and showroom operations.
• Ensure the company's compliance with legal requirements and industry standards.
• Monitor the timely implementation of the recommended action plans from meetings with the Chief Executive and the quarterly board meetings.  
• Make recommendations for the best ways to avoid fraud, reduce wastages and block all financial and operational leakages.  
• Periodic audit of work tools, equipment’s and machinery and provide feedback to management and ensure that the audits address specific areas of risk management.
• Verify and validate operating procedures of the company and all invoices and other financial and operational documentation.
• Continuously assess and improve internal control processes, recommending and implementing changes to enhance efficiency, accuracy, and effectiveness.
• Coordinate with internal and external auditors, providing necessary information and ensuring timely completion of audits. Address audit findings and implement corrective actions.
• Conduct training sessions to educate employees on internal control policies, procedures, and ethical conduct. Foster a culture of compliance and integrity within the organization.
• Maintain comprehensive documentation of internal control procedures, audit reports, and compliance records. Ensure all documentation is organized and readily accessible.
• Develop mechanisms for detecting potential fraud and misconduct. Investigate suspected cases of fraud, working closely with relevant departments and external experts when necessary.
• Oversee the due diligence process for vendors and suppliers, ensuring they meet the company's ethical and quality standards.
• Prepare regular reports for senior management and the board of directors, highlighting key internal control metrics, compliance status, and recommendations for improvement.
• Carry out other tasks as assigned by line manager.

Qualifications

• Minimum of bachelor’s degree in accounting, Finance, Business Administration, or related field. 
• Minimum of 6 years of experience in internal audit, internal control, or a related field within the manufacturing industry, preferably in furniture manufacturing or related sectors
• Exceptional organizational and time management skills with the ability to prioritize and structure good work schedules.
• In-depth knowledge of internal control principles, accounting standards, and regulatory requirements.
• Strong analytical and problem-solving skills, with the ability to identify and resolve control issues effectively.
• Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams.
• Proficiency in relevant software and tools for internal control and audit management.
• Attention to detail and a high level of integrity and ethics.