Internal Auditor at Terawork

Job Description:

• To provide independent assurance to the Board of Directors and management on the effectiveness of the company's risk management, control, and governance processes. This role will involve assessing the adequacy and effectiveness of the company's internal controls, identifying and evaluating risks, and recommending corrective actions to enhance operational efficiency and compliance.

Key Responsibilities:

Internal Control Assessment:

• Conduct regular assessments of the company's internal control systems to ensure compliance with relevant laws, regulations, and company policies.
• Identify and evaluate control weaknesses and recommend corrective actions.
• Assess the adequacy and effectiveness of risk management processes.

Financial Audits:

• Perform financial audits to ensure the accuracy and reliability of financial statements.
• Review the company's accounting policies and procedures for compliance with generally accepted accounting principles (GAAP).
• Identify and assess risks related to financial reporting.

Operational Audits:

• Conduct operational audits to evaluate the efficiency and effectiveness of business processes.
• Assess the adequacy and effectiveness of controls related to key business activities, such as production, sales, marketing, and distribution.
• Identify opportunities for process improvement and cost reduction.

Special Investigations:

• Conduct special investigations as required to address allegations of fraud, waste, or abuse.
• Gather evidence and document findings for appropriate action.

Risk Management:

• Assist in the development and implementation of the company's risk management framework.
• Identify and assess emerging risks and their potential impact on the business.o Recommend strategies for mitigating risks.

Compliance:

• Ensure compliance with relevant laws, regulations, and industry standards.
• Monitor changes in regulatory requirements and update the company's compliance program accordingly

Reporting:

• Prepare comprehensive audit reports that summarize findings, conclusions, and recommendations.
• Present audit findings to the Board of Directors and management.

Qualifications and Experience:

• Bachelor's degree in Accounting, Finance, or a related field.
• Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) certification preferred.
• Minimum of 8 years of experience in internal auditing or a related field, preferably in the FMCG industry.
• Strong understanding of internal control frameworks and risk management principles.
• Proven ability to conduct complex audits and investigations.
• Excellent analytical, problem-solving, and communication skills
• Proficiency in using audit software and tools.
• Ability to work independently and as part of a team.

Skills and Competencies:

• Strong ethical standards and integrity.
• Attention to detail and accuracy.
• Ability to adapt to changing priorities and work under pressure.
• Excellent interpersonal and communication skills.
• Strong analytical and problem-solving skills.