Internal Auditor at Montaigne Place

Key Responsibilities
Conduct Internal Audits:

• Plan and execute audits of various retail operations, including financial records, inventory management, and store operations.
• Assess the effectiveness of internal controls and identify areas for improvement.
• Document audit procedures and findings, ensuring thorough and accurate records.

Risk Assessment and Management:

• Identify and assess potential risks within the retail environment, including fraud, errors, and inefficiencies.
• Develop and implement risk mitigation strategies to address identified vulnerabilities.
• Monitor the effectiveness of implemented risk management measures.

Compliance and Regulatory Adherence:

• Ensure compliance with relevant laws, regulations, and industry standards.
• Stay updated on changes in regulations and best practices in internal auditing.

Reporting and Communication:

• Prepare detailed audit reports, summarizing findings, recommendations, and action plans for management review.
• Communicate audit results and recommendations to relevant stakeholders, including management and audit committees.
• Provide guidance and support to management and staff on internal control issues and risk mitigation strategies.

Process Improvement:

• Identify areas for process improvement and efficiency gains within retail operations.
• Collaborate with cross-functional teams to implement audit recommendations and monitor progress.

Specific Retail Industry Focus:

• Review inventory management systems to ensure accuracy and minimize losses.
• Assess the effectiveness of point-of-sale (POS) systems and cash handling procedures.
• Evaluate the security of store operations and data protection measures.
• Conduct audits of vendor relationships and supply chain processes.

Other Duties:

• Participate in special projects and investigations as needed.
• Maintain professional certifications and stay current with industry trends