Position Identification: Internal Auditor (Risk Assurance)
Job Title Internal Auditor : Control and Risk Assurance Auditor Grade level
Function Control Assurance, Internal Audit Reports To Head of Control and Risk assurance
Terms of Reference:
Education & Skills Bachelor of Science, HND
Experience 2-3 years in Audit, Operations, Finance & Accounts
Role and Responsibilities:
Scope Preventive controls assessment, establish fraud prevention controls across the company
Perform routine, internal audits other special assignments, management requests
Process, control mapping, identification of gaps
Risk Assessment, suggest business process improvements
Facilitate drafting of policies and procedures
Address issues raised by External auditors within a given time frame
Job Specific Comments Review compliance with Company policies and procedures in operational, financial areas. Identify areas where policies, procedures, controls needed.
Assess accountability for the assets to safeguard against loss.
Report on probable avenues for revenue leakage/loss from assessments conducted.
Review accuracy and integrity of and security over data and information.
Assess, report on the reliability and integrity of financial and other operating controls and agree on the issues with the process owners to obtain pragmatic responses.
Recommend in-process internal checks (procedure & system based) where relevant.
Recommend improvements in internal controls, arising from the specific reviews.
Manage variety of stakeholders and their expectations through regular engagement for overall stakeholder risk and compliance improvement
Handholding, training of users where required.
KPIs Identify Process, control gaps to prevent fraud, pilferage and malpractices that may bring financial, reputational losses to the company.
Facilitate comprehensive coverage of the scope of activities of the department listed above.
Follow up past audit issues, implement global best practices (COSO controls).
People development, Continuous professional learning.