Internal Auditor at Krystal Digital Solutions Limited

Job Description

• We are seeking a skilled and experienced Internal Controls Auditor to ensure the effectiveness and reliability of our internal control systems.
• The successful candidate will play a crucial role in assessing, monitoring, and enhancing our organisation's internal processes and procedures.

Responsibilities
Audit Planning and Execution:

• Develop comprehensive audit plans to assess the adequacy and effectiveness of internal controls.
• Execute audit procedures in accordance with established standards and regulatory requirements.

Risk Assessment:

• Identify and evaluate potential risks related to internal controls and business processes.
• Propose and implement risk mitigation strategies to safeguard organisational assets.

Control Documentation and Evaluation:

• Review and update internal control documentation, ensuring accuracy and relevance.
• Evaluate the design and operating effectiveness of internal controls.

Compliance Oversight:

• Monitor compliance with established policies, procedures, and regulatory requirements.
• Provide recommendations for improvements to address identified compliance issues.

Analysis and Audit Reporting:

• Analyse financial data, internal processes, and controls to identify weaknesses and propose improvement solutions.
• Prepare clear and concise audit reports detailing findings, recommendations, and action plans.
• Communicate audit results to management and stakeholders in a timely and effective manner.

Continuous Improvement:

• Collaborate with management to implement process improvements based on audit findings.
• Stay informed about industry best practices and evolving regulatory requirements.

Training and Awareness:

• Conduct training sessions to enhance awareness of internal controls and compliance standards.
• Provide guidance to staff on maintaining effective internal controls within their respective areas.

Communication and Collaboration with Stakeholders:

• Foster open communication with various departments to understand their processes and challenges.
• Collaborate with external auditors as needed and facilitate the resolution of audit-related matters.

Educational Qualifications

• Applicants must hold a Bachelor's Degree in Accounting, Finance, Economics, or a related field with 2-4 years experience.
• Preference will be given to candidates with professional certifications like ICAN, ACA. ACCA or CIA.
• Possessing a master's degree in these areas is considered an added advantage.

Essential Skills:

• Proven experience in internal auditing, risk management, or a related role.
• In-depth knowledge of internal control concepts, risk assessment, and audit methodologies.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to work independently and collaboratively in a team environment.
• Flexibility in resolving issues and addressing changing priorities
• Ability to work in a fast paced environment.
• Proficient in relevant audit software and Microsoft Office applications.
• Strong ethical standards and commitment to maintaining confidentiality.
• Ability to adapt to changing regulatory environments and industry practices.