Internal Auditor at Tire World Ltd

About the Role

A reputable organization seeks a dedicated individual to serve as Internal Auditor with full scope financial and operational audit responsibilities. This position encompasses planning, budgeting, resource allocation, risk assessments, value-for-money reviews, audit and review of working procedures, report writing, and audit follow-up activities. The role also includes compliance reviews, investigations, assurance, and risk management functions.

Key Responsibilities

• Objectively review the organization's business processes and operations
• Obtain, analyze, and evaluate accounting processes, documentation, and data
• Reconcile documentation with actual inventory or assets to ascertain accuracy
• Perform and control the full audit cycle including risk management and control management over operations' effectiveness, financial reliability, and compliance with all applicable directives and regulations
• Challenge current processes across the company and identify opportunities for refinement
• Evaluate the efficacy of risk management procedures currently in place
• Assess best financial practices for the organization and make relevant, informed suggestions
• Identify loopholes and recommend risk aversion measures and cost savings opportunities
• Make recommendations on how to improve internal controls and governance processes
• Prepare and present reports that reflect audit results and document processes
• Ensure the organization is complying with relevant laws and statutes
• Protect against fraud and theft of the organization's assets
• Support the development of assurance planning and reporting processes
• Act as an objective source of independent advice to ensure validity, legality, and goal achievement
• Maintain open communication with management and the audit committee
• Engage in remediation of identified issues through follow-ups
• Conduct follow-up audits to monitor management's interventions
• Engage in continuous knowledge development regarding the sector's rules, regulations, best practices, tools, and techniques