Hotel Internal Auditor (Casoni Lounge Portharcourt) at Venmac Resources Limited

Role Summary:

The Internal Auditor is responsible for evaluating and ensuring compliance with the restaurant and bar’s internal controls, financial policies, and operational procedures. The role involves auditing accounts, inventory, and processes to minimize risks, optimize performance, and ensure accuracy and accountability.

Key Responsibilities:

Audit and Compliance

• Conduct regular financial, operational, and compliance audits.
• Ensure compliance with local regulations, tax laws, and company policies.
• Evaluate the effectiveness of internal controls and recommend improvements.

Financial Oversight

• Review accounting records, invoices, and cash flow statements for accuracy.
• Verify expense reports, payroll, and revenue records.
• Investigate discrepancies, fraud, or theft, and report findings.

Inventory and Asset Management

• Audit inventory levels and monitor stock management practices.
• Ensure proper documentation and control over inventory usage.
• Inspect asset maintenance records and reconcile asset registers.

Operational Review

• Analyze sales processes, customer service protocols, and supplier contracts.
• Assess food and beverage cost controls and pricing strategies.
• Monitor procurement processes for adherence to approved budgets.

Risk Management

• Identify potential financial or operational risks and propose mitigation strategies.
• Create and implement fraud detection measures.

Reporting and Documentation

• Prepare detailed audit reports highlighting findings and recommendations.
• Present audit results to management for corrective actions.

Training and Support

• Provide training to staff on adherence to policies and procedures.
• Collaborate with management to establish strong internal controls.

Education and Experience:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–5 years of auditing experience, preferably in the food and beverage industry.

Key Skills:

Technical Skills

• Proficiency in accounting software and tools like QuickBooks, Sage, or ERP systems.
• Strong knowledge of financial principles and auditing standards.

Analytical Skills

• Ability to interpret financial data and identify inconsistencies.
• Problem-solving skills to recommend effective corrective actions.

Attention to Detail

• Accuracy in reviewing records and conducting audits.

Communication Skills

• Strong written and verbal communication to prepare reports and present findings.

Organizational Skills

• Ability to manage multiple audits and meet deadlines effectively.

Ethical Conduct

• Integrity and discretion in handling confidential information.

Knowledge of Industry-Specific Standards

• Understanding of food and beverage cost controls, procurement practices, and inventory management.

Additional Attributes:

• Strong interpersonal skills to collaborate with staff and management.
• Willingness to work flexible hours when required, especially during audits.
• Ability to stay updated on regulatory changes and industry trends.