Provide management with an assurance that the accounting, financial and operational processes and other controls are sound. Ensure departmental compliance with internal procedures, maintains knowledge of accreditation regulations, Ensures organisation readiness for external audits.
Duties & Responsibilities
Ensures company complies with internal regulations and established control protocol by;
Examining documentation, including reports, statements, records, and supporting documentation to gather information.
Reconciling supporting documentation with actual events to ascertain adherence to process and procedures.
Identifying weaknesses in the existing systems, making recommendations for improvements.
Reviewing adequacy, effectiveness and efficiency of internal control systems.
Ensuring the implementation of the live QMS across departments.
Completing standard paperwork and questionnaires to confirm internal controls
Tests compliance with regulations, policies and procedures;
Identifying risks and drafting a suitable audit programme to test internal controls.
Preparing working papers clearly documenting procedures performed.
Formulating audit findings, action plans and trends to management by means of written reports
Performing follow up audits, to ensure that relevant actions have been implemented.
Assists external auditors by;
Assisting external auditors in functional, operational, and financial audit
Checking accuracy of financial statements showing amounts of income, expense, deposits and loans,
Performing system description and assessing business risk
Developing internal audit programs and procedures
Identifies Risks by;
Conducting risk assessment to identify, describe and analyse the business risks avoiding fraud and reducing waste.
Assessing best academic practices for an organisation and makes relevant informed suggestions.
Conducting annual physical verification of assets
Completing ad hoc Projects Forensic Audit
Preparing investigations plan/project plan
Preparing a report after every investigation
Keeps up to date with audit procedures and regulations;
Attending conferences, workshops and seminars.
Ensuring departmental audits are frequently performed with the objective of preparation for external site visits.