Internal Audit and Compliance Manager at Bukka Hospitality Limited (Bukka Hut)

Job Summary

• The Internal Audit and Compliance Manager will be responsible for developing, implementing, and maintaining effective internal audit and compliance within the restaurant operations. This role will involve assessing operational processes, identifying areas of non-compliance, and recommending corrective actions to mitigate risks and enhance overall efficiency.

Responsibilities

• Regular Risk Assessment and designing appropriate control framework around identified risk areas.
• Regular review of Audit program in line with identified operational risks and changes in processes.
• Enforcing optimal compliance among staff to organizational policies and recommending to management necessary sanctions to defaulters.
• Conduct periodical revenue assurance exercises across various business segments and outlets.
• Performing regular operational audits and reviewing operational activities for possible risk factors.
• Develop and implement internal audit procedures to evaluate the effectiveness of operational processes and controls.
• Conduct regular audits of financial transactions, inventory management, and procurement processes to ensure compliance with internal policies and regulatory requirements.
• Collaborate with department heads to identify potential areas of risk and develop strategies to address them.
• Monitor changes in regulatory requirements and industry standards to ensure ongoing compliance.
• Investigate incidents of non-compliance and develop corrective action plans to prevent recurrence.
• Provide training and guidance to staff on compliance-related matters and best practices.
• Prepare comprehensive audit reports detailing findings, recommendations, and action plans for management review.
• Liaise with external auditors and regulatory agencies as necessary.

Qualifications:

• A first degree in Banking, Finance, Accounting, and or any other related discipline.
• Above 3-5 years of audit experience, including practical internal audit experience with excellent knowledge of internal control concepts, auditing techniques, and reporting (preferred in the QSR)
• Certified Internal Auditor (CIA) and or have a professional accounting qualification (e.g. ACA, ACCA) will be an added advantage
• Good knowledge of generally accepted accounting principles (GAAP)
• Excellent analytical skills with the ability to identify issues, analyze data, and develop effective solutions.
• Exceptional communication and interpersonal skills, with the ability to interact with stakeholders at all levels.
• Detail-oriented with a high degree of accuracy and integrity.
• Proficiency in Microsoft Office Suite and audit software.