Internal Auditor at New Heights Pharmaceuticals Limited

Description

• The Internal Auditor is responsible for evaluating the effectiveness of the organization’s internal controls, risk management systems, and governance processes.
• The role involves conducting audits, analyzing data, identifying weaknesses, recommending corrective actions, and ensuring compliance with relevant laws, policies, and procedures.

Key Responsibilities
Audit Planning & Execution:

• Develop annual and periodic audit plans based on risk assessments.
• Conduct financial, operational, compliance, and IT audits.
• Document and test internal controls to determine effectiveness.
• Prepare audit working papers in accordance with professional standards.

Risk Management & Control Evaluation:

• Identify existing and potential risks in business processes.
• Evaluate whether controls effectively mitigate risks.

Reporting & Recommendations:

• Prepare clear audit reports highlighting findings, root causes, and recommendations.
• Present audit results to management and follow up on action plans.
• Track and verify implementation of corrective actions.

Compliance Monitoring:

• Ensure compliance with internal policies, procedures, and regulatory standards.
• Monitor compliance with financial laws, industry regulations (e.g., IFRS, GAAP, ISO, depending on organization).
• Conduct special investigations when required.

Continuous Improvement:

• Recommend improvements to enhance efficiency and reduce operational risks.
• Support the development and updates of audit policies and methodologies.
• Stay updated on best practices in audit, risk, and compliance.

Collaboration & Communication:

• Work with cross-functional teams to understand processes.
• Maintain strong relationships with department heads to ensure openness and transparency.
• Participate in training and capacity-building initiatives.

Required Qualifications & Skills
Education:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• A minimum of 3 - 5 years work experience as an Internal Auditor
• Professional certifications (added advantage): ICAN, ACCA, CIA, CISA.

Technical Skills:

• Strong knowledge of internal audit standards (IIA Standards).
• Understanding of risk management frameworks.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Experience with audit tools like ACL, IDEA, or ERP systems (SAP, Oracle).