Internal Auditor at SIAO

Key Responsibilities
Financial Auditing:

• Execute comprehensive financial audits to assess the accuracy and completeness of financial records.
• Scrutinize pension fund transactions, ensuring adherence to accounting principles and regulatory standards.
• Identify and investigate potential financial irregularities or discrepancies.

Risk Assessment and Mitigation:

• Evaluate the effectiveness of internal controls and risk management procedures.
• Develop and implement strategies to mitigate identified risks and enhance overall control environment.
• Provide recommendations for improving risk management processes.

Regulatory Compliance:

• Stay abreast of industry regulations and compliance requirements relevant to pension funds.
• Conduct audits to ensure adherence to statutory and regulatory obligations.
• Collaborate with regulatory bodies to address inquiries and facilitate compliance reviews.

Process Improvement:

• Assess operational processes within the pension company to identify areas for improvement.
• Propose and implement efficiency enhancements to streamline internal operations.
• Drive continuous improvement initiatives within the internal audit function.

Reporting and Documentation:

• Prepare detailed and clear audit reports outlining findings, recommendations, and action plans.
• Maintain comprehensive documentation of audit processes, ensuring compliance with audit standards.
• Communicate audit results to key stakeholders, facilitating understanding and awareness.

Collaboration and Communication:

• Collaborate with cross-functional teams to gather information and insights for audits.
• Effectively communicate audit objectives, methodologies, and outcomes to internal and external stakeholders.
• Foster strong working relationships with various departments to facilitate open communication.

Training and Development:

• Provide training sessions to employees on internal control procedures and compliance matters.
• Contribute to the development of educational materials to enhance staff awareness of audit-related topics.

Technology Integration:

• Leverage technology tools for data analysis, ensuring a comprehensive audit approach.
• Contribute to the implementation of advanced audit software for increased efficiency.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field.
• Master’s degree in finance/Accounting/MBA
• Membership of ICAN
• Minimum of 7 years post qualification experience
• Proven experience in internal auditing within the pension or financial services industry.
• Strong understanding of pension regulations and compliance requirements.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.