Internal Control Executive at E'sorae Luxury

Job Summary

• The candidate will work with Internal Audit / Control in planning, executing and reporting on all audits / reviews involving the various departments, strategic business units and entities within the Company.
• The candidate will act as a support to the steward of all audit strategies, structures and processes within the Company.
• The role will formulate and execute company control processes, and complete daily, weekly, and monthly accounts reconciliations by identifying and reconciling differences, escalating issues, and communicating results to executive management and colleagues.
• The role will provide reasonable assurance to Management and the Board of Advisors that audit, control, and governance systems are functioning as intended and will enable the organization’s objectives and goals to be met.
• The role reports directly to the CEO and must provide heads up about important issues and operational violations

Key Tasks

• Budget & Budgetary control
• Daily call-over reviews and accounts reconciliation
• Revenue and cost assurance
• Special investigations and audit review

Responsibilities

• Determine internal audit scope and develop annual internal audit plans
• Perform and control the full audit cycle
• Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc.
• Prepare and present reports that reflect audit’s results and document process
• Act as an objective source of independent advice to ensure validity, legality and goal achievement
• Plan financial, regulatory, operational and other reviews/audits
• Conduct risk assessments and identifies controls in place to mitigate identified risks
• Analyse the effectiveness and efficiency of control environment and identify loopholes/control gaps as well as recommend risk aversion measures and opportunities for improvement
• Maintain open communication with management and audit committee
• Document process and prepare audit findings report for management,
• Provide advice on internal control and participates in enhancing internal audit standards and practices
• Contributes, as appropriate, in the year-end financial audit with the external auditor
• Conduct special audits as required by management and issue results
• Conduct follow up audits to monitor management’s interventions
• Prepare and manage the internal audit budget
• Review audit work performed by staff for completion and accuracy
• Recommend revisions and/or additions to policies and procedures in order to improve operations as well as internal controls.
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.

Qualifications

• Graduate Degree in Accounting / Finance or a related field. MBA or Master’s degree will be an added advantage.
• ACA/ACCA/CIA or other relevant certification is required.
• Minimum of five (2) years experiences in internal audit performing risk-based auditing preferably in the financial, Retail or Consulting industry.

Competencies:

• Proven knowledge of auditing standards and procedures, laws, rules and regulations
• Contributes to high performing teams - Supervision of staff to follow sound internal control practices
• Acts as a team player - Collaborate and supporting colleagues and peers across the organization, while still being able to work independently when needed
• Results-oriented - Meet deadlines on assignments and juggle multiple demands
• Excellent communication and leadership skills that foster a strong team environment and create a high-trust culture
• Sound independent judgement
• Tenacity and Ethics
• High attention to detail and excellent analytical skills
• Inspire trust and confidence in the business’s leadership and management
• Proven track record on interacting with Management
• Proven knowledge of auditing standards and procedures, laws, rules and regulations
• Demonstrated track record as a relationship builder, team player, collaborator, coach and facilitator.
• Knowledge of corporate governance practices.