Auditor II
OVID Construction PLC
Addis Ababa, Ethiopia
Permanent
Published 1 month ago · Expires 3 weeks from now
Job description
A reputable organization seeks a dedicated individual for this role.
About the CompanyOVID Construction Plc, established in 2013, is a Design and Build (DB) company with G -1 building construction license. It is legally registered and operates in Ethiopia, Djibouti, and Kenya having over 7,000 permanent and temporary employees including highly experienced staff from different areas of specialization. The founder has brought in vast industrial experience and knowledge and values a cost-effective yet efficient approach to construction.OVID Construction has introduced several advanced building technology systems, which makes the company different and unique from other construction companies. Our company is the pioneer in introducing Ready-Mix concrete, Magnesium board/panel technology, Light Gauge Steel, K Span, and Kum Kang building system to Ethiopia and maybe East Africa.This guarantees customer satisfaction and trust by providing high-quality products, high service that is useful, safe, and reliable. Duties & Responsibilities Financial Audit Examine financial statementsVerify income and expenditure recordsCheck payment vouchers and supporting documentsEnsure accuracy of accounting entriesConfirm compliance with accounting standardsProject Cost AuditReview project budgets and actual costsVerify material usage and wastageCheck subcontractor paymentsMonitor cost overrunsEnsure project funds are properly utilizedProcurement & Inventory AuditAudit procurement processesCheck supplier quotations and selection proceduresVerify purchase orders and delivery notesConduct store/warehouse stock verificationDetect fraud, overpricing, or duplicate paymentsInternal Control EvaluationAssess internal control systemsIdentify weaknesses in proceduresRecommend improvementsEnsure segregation of dutiesCompliance AuditEnsure compliance with:Company policiesTax regulationsContract agreementsGovernment lawsReview VAT and withholding tax documentationSite Audit (Field Audit)Visit construction sitesVerify physical existence of materials and equipmentCompare site progress with reported progressCheck labor attendance and payrollRisk AssessmentIdentify financial and operational risksEvaluate fraud risksRecommend risk mitigation strategiesReportingPrepare audit reportsPresent findings to managementHighlight irregularitiesRecommend corrective actionsFollow up on implementation of recommendations