Junior Internal Control and Audit Officer at Phillips Consulting

Main Accountabilities and Responsibilities

• Participate in audit reviews, examination of records, reports and operating practices within the departments/divisions.
• Obtain relevant and sufficient audit evidence.
• Validate audit findings and prepare preliminary audit report and recommendations.
• Review business processes, identify and recommend process improvement opportunities for better efficiency or control in the organization.
• Facilitate periodic update of Company-wide policies and procedures with emerging leading practices, enhanced controls.
• Support the Head, Internal Audit in the development and tracking of the Company’s annual audit plans and programs.
• Compile and maintain audit work papers with accurate referencing and circulate reports to relevant stakeholders.
• Assist in reviewing administrative processes and procedures with a view to explore possible improvement opportunities and take precautionary measures against identified gaps.
• Carry out research and provide relevant data as required to support external audit processes and liaise with external auditors as required.
• Keep abreast with federal, state and local financial and legal requirements to ensure the organization is in compliance with regulations.
• Assist in the preparation of a concise and informative final audit report to effectively communicate the findings and recommendations of the department.
• Monitor and ascertain the establishment of various control mechanisms, procedures and practices, their implementation and adequacies.
• Participate in the departmental meetings and activities as required.
• Perform other duties as assigned by the Head, Internal Audit.
• Key Performance Indicators - Internal Audit Officer Performance Indicators
• Level of execution/achievement against internal audit plan.
• Accuracy, timeliness, and completeness of reports.
• Number of investigations successfully conducted.
• Number and significance of issues/ inconsistencies and process improvement opportunities identified in business processes.
• Number of action items developed and implemented.
• Ability to use MS office tools proficiently
• Other KPIs as may be defined in line with changing business environment.

Requirements

Minimum Education Qualifications:

• Minimum of a Bachelor's Degree in Accounting or a related discipline
• Professional qualifications in any of ICAN, ACA, ACCA etc. would be an added advantage

Work Experience Requirements:

• 1 - 3 years’ experience as an Internal Auditor