Internal Audit Officer at Vixa Pharmacy

Overview

• As an Internal Auditor, you will be responsible for ensuring that our organization's operations and internal controls are in compliance with regulatory standards, industry best practices, and company policies.
• Your role will involve conducting thorough examinations and assessments of our financial, operational, and risk management processes to identify areas for improvement and ensure the integrity of our operations.

Key Responsibilities
Audit Planning and Execution:

• Develop annual audit plans based on a comprehensive risk assessment and in alignment with organizational goals and objectives.
• Execute audit engagements, including conducting interviews, gathering and analyzing data, evaluating controls, and documenting findings.
• Perform testing procedures to assess the effectiveness of internal controls and compliance with established policies and procedures.

Risk Assessment and Management:

• Identify and assess risks inherent in the organization's operations and activities.
• Provide recommendations for mitigating identified risks and improving internal controls to enhance operational efficiency and effectiveness.
• Monitor and track the implementation of risk mitigation measures and control enhancements.

Financial Analysis and Reporting:

• Analyze financial data, statements, and reports to assess accuracy, completeness, and compliance with accounting standards and regulations.
• Prepare comprehensive audit reports detailing findings, recommendations, and action plans for management review and decision-making.
• Communicate audit results and findings effectively to key stakeholders, including senior management and audit committees.

Compliance and Regulatory Oversight:

• Stay abreast of changes in regulatory requirements, accounting standards, and industry trends to ensure compliance and recommend necessary adjustments to internal controls and processes.
• Conduct periodic reviews to ensure adherence to regulatory guidelines, contractual obligations, and internal policies.

Process Improvement and Optimization:

• Collaborate with management to identify opportunities for process improvements and operational efficiencies.
• Provide guidance and support to operational teams in implementing recommended process enhancements and control measures.
• Monitor and evaluate the effectiveness of implemented improvements and recommend adjustments as needed.

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration, or related fields
• Advanced degree or professional certification (e.g., CPA, CIA, CISA) preferred.
• Proven experience (3 years) in internal auditing, external auditing, or risk management, preferably in a regulated industry or public accounting firm.
• Strong understanding of internal control frameworks, audit methodologies, and risk management principles.
• Proficiency in financial analysis, data analytics, and audit software/tools.
• Excellent communication skills, including the ability to present complex information clearly and concisely to diverse audiences.
• Analytical mindset with attention to detail and the ability to think critically and problem-solve effectively.
• Strong organizational skills with the ability to manage multiple projects and priorities concurrently.
• Integrity, objectivity, and a commitment to upholding ethical standards and professional integrity.