Internal Auditor at Domeo Resources International (DRI)

Main Function

• The Internal Auditor is responsible for evaluating and improving the effectiveness of internal controls, risk management, and governance processes within the organization.
• The role involves conducting audits, identifying control weaknesses, ensuring compliance with policies and regulations, and recommending improvements to enhance operational efficiency and financial integrity.
• The Internal Auditor must be analytical, detail-oriented, and possess a high level of integrity.

Role Responsibilities
Audit Planning and Execution:

• Develop and implement audit plans and programs based on risk assessments.
• Conduct regular internal audits of financial, operational, and compliance processes.
• Evaluate the effectiveness of internal controls and identify areas for improvement.

Risk Management and Control Assessment:

• Identify potential risks and assess the adequacy of control measures.
• Review existing policies and procedures to ensure they align with best practices.
• Recommend corrective actions to mitigate identified risks.

Financial and Operational Review:

• Examine financial records, reports, and transactions for accuracy and compliance.
• Assess operational processes to ensure efficiency and effectiveness.
• Verify asset existence and safeguard measures.

Compliance and Regulatory Monitoring:

• Ensure compliance with internal policies, procedures, and relevant regulations.
• Monitor adherence to financial standards and organizational guidelines.
• Support external audits and regulatory inspections when required.

Reporting and Documentation:

• Prepare detailed audit reports highlighting findings, risks, and recommendations.
• Present audit findings to management and follow up on implementation of recommendations.
• Maintain accurate and organized audit documentation.

Fraud Detection and Investigation:

• Identify and investigate suspected fraudulent activities or irregularities.
• Recommend preventive measures to reduce the risk of fraud.
• Promote a culture of accountability and transparency within the organization.

Process Improvement:

• Provide advisory support to departments on internal control improvements.
• Recommend process enhancements to improve efficiency and reduce waste.
• Support management in implementing best practices across operations.

Collaboration and Support:

• Work closely with finance, operations, and other departments during audits.
• Provide guidance on compliance and internal control matters.
• Assist in staff awareness and training on internal control procedures.

Workplace Organization:

• Ensure proper handling and confidentiality of audit documents and information.
• Maintain a structured and secure audit filing system.

Experience / Qualification

• Minimum of HND / B.Sc. in Accounting, Finance, or related field.
• 2–4 years of experience in internal audit, accounting, or a similar role
• Professional certification (e.g., ICAN, ACCA, or CIA) is an added advantage
• Experience in audit processes within the retail, hospitality, or service industry is a plus
• Strong knowledge of financial controls and audit procedures

Competencies / Skills:

• Strong knowledge of auditing principles and internal control systems
• Proficiency in accounting and financial analysis
• Good understanding of risk management and compliance practices
• Proficiency in Microsoft Office (especially Excel) and audit tools
• Strong analytical and problem-solving skills
• Excellent attention to detail and accuracy
• Good communication and report-writing skills

Behavioural Qualities / Other Competences:

• High level of integrity and ethical standards
• Strong sense of responsibility and accountability
• Ability to work independently and objectively
• Confidentiality and professionalism in handling sensitive information
• Good organizational and time management skills
• Proactive and investigative mindset.