Internal Auditor

HND/BSC in Accounting, Finance, Business Administration, or a related field.
ACA or ACCA are highly required.
Minimum of 8 years of experience in auditing.
Preferably within the retail industry or a multi-entity organization.
Strong experience in auditing retail operations, including inventory management, sales processes, and supply chain functions.
In-depth knowledge of auditing standards, internal controls, and risk management principles within the retail sector.
Proficient in audit management software, ERP systems, and Microsoft Office Suite (especially Excel).
Key Responsibilities:

Develop and execute comprehensive audit plans covering all aspects of the retail operations and its subsidiaries, including inventory management, sales processes, supply chain, and financial reporting.
Conduct detailed audits of the subsidiaries, ensuring that their financial and operational practices align with the organization’s standards and policies.
Identify discrepancies and recommend corrective actions.
Evaluate the design and effectiveness of internal controls across retail operations, focusing on areas such as inventory control, cash handling, procurement, and sales processing.
Identify control weaknesses and recommend improvements.
Ensure adherence to industry regulations, corporate policies, and statutory requirements across the organization and its subsidiaries.
Conduct regular compliance audits and report findings to senior management.
Assess the efficiency and effectiveness of operational processes across retail stores and subsidiaries, identifying areas for cost reduction, process improvement, and increased profitability.
Identify and assess financial, operational, and compliance risks specific to the retail industry and multi-subsidiary operations.
Develop strategies to mitigate these risks and ensure robust risk management practices are in place.
Perform financial audits across the organization’s retail outlets, verifying the accuracy of financial records, including sales transactions, inventory valuation, and cash flow management.
Prepare detailed audit reports that clearly outline audit findings, risks identified, and recommendations for improvement.
Monitor the implementation of audit recommendations across the organization and its subsidiaries, conducting follow-up audits to ensure that corrective actions are taken and effective.
Assist in detecting and preventing fraud by evaluating the effectiveness of anti-fraud controls, particularly in high-risk areas such as cash handling and inventory management.
Stay updated on retail industry trends, best practices, and regulatory changes. Continuously improve audit processes, tools, and methodologies to enhance the audit function.