Internal Audit Associate at Family Homes Funds

Job Description

• Support the Head of Internal Audit/Compliance in planning, executing, and reporting on operational, financial, regulatory, and compliance-related audits/reviews.
• The Audit Associate will be part of the in-house auditing team to execute their day-to-day functions.

Specific Duties of the Position

• Assist in the development and execution of the FHFL’s annual audit work plan
• Assist with the preparation of audit programmes for scheduled units
• Gather and analyse relevant data for evaluation of internal controls
• Assist in reviewing the FHFL’’s transactions and operational procedures to evaluate the adequacy of internal controls and efficiency /effectiveness of operations.
• Prepare reports based on documented findings from an audit of the FHFL’s transactions and operational procedures
• Ensure identified control lapses are addressed as recommended in the audit reports
• Conduct random and periodic petty cash, stores as delegated by the Head of Internal Audit/Compliance
• Assist in performing periodic physical verification of the FHFL’s fixed assets and inventory
• Provide necessary assistance to external auditors in the conduct of statutory audits
• Prepare detailed reports on audit findings.
• Report to management about asset utilization and audit results and recommend operations and financial activities changes
• Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
• Review accounting books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures and standards to record transactions.
• Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
• Audit payroll and personnel records to, provide assurance accuracy of computation and statutory deductions in compliance with tax and other relevant laws and regulations.
• Perform investigation, specialized reviews and other duties as may be delegated by the Head of Internal Audit/Compliance.

Requirements

• A University Degree in Accounting, Banking and Finance, or any other related discipline from a reputable University.
• Master’s Degree in a related field will be an added advantage.
• Minimum of 4 years of relevant experience in Auditing/Finance/ Accounting
• Relevant professional qualifications e.g., ACA, ACCA
• Good appreciation of IFRS Accounting Policies
• Proficiency in the use of Microsoft Office applications, i.e., MS Word, Excel, ERP etc.
• Attention to details
• Problem analysis and solving skills
• Data analytics
• Strong research and analytical skills.
• Advanced Knowledge of accounting and auditing procedures.
• Collaboration.
• Excellent verbal and written communication skills.
• Project planning and time management skills.
• Ability to handle confidential and sensitive information.
• Information security and IT audit assurance