Internal Auditor – Finance

Job Description:
As an Internal Auditor mainly focusing on finance, you will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes. You will conduct audits to ensure compliance with financial regulations and company policies.

Key Responsibilities:
• Risk Assessment: Conduct comprehensive risk assessments of financial processes and controls to identify vulnerabilities and areas for improvement. Identify areas of risk and recommend improvements to enhance operational efficiency and compliance.
• Audit Planning: Develop and execute annual audit plans that align with organizational goals and regulatory requirements.
• Financial Analysis: Analyze financial data to ensure accuracy and compliance with accounting standards and regulations.
• Control Evaluation: Evaluate the effectiveness of internal controls and recommend enhancements to improve financial operations.
• Compliance Testing: Perform compliance testing to ensure adherence to laws, regulations, and internal policies.
• Reporting Findings: Prepare detailed audit reports documenting findings, recommendations, and corrective actions, and present them to top management.
• Follow-Up Audits: Conduct follow-up audits to ensure that management has implemented corrective actions in response to prior audit findings.
• Collaboration: Work closely with other departments to understand their financial processes and provide guidance on best practices, and ensure adherence to financial policies and regulations.
• Continuous Improvement: Stay updated on industry trends and regulatory changes that may impact financial auditing and recommend process improvements.
• Data Analytics: Utilize data analytics tools to enhance audit efficiency and effectiveness.
• Fraud Detection: Identify potential fraud risks and investigate any suspicious activities within financial transactions.
• Budget Analysis: Review and analyze departmental budgets to ensure alignment with financial policies and strategic objectives.
• Performance Metrics: Develop and monitor performance metrics to assess the efficiency and effectiveness of financial operations.
• Stakeholder Communication: Maintain open communication with stakeholders regarding audit findings and assist in implementing best practices.
• Policy Development: Assist in the development and implementation of financial policies and procedures to enhance organizational governance.
• System Audits: Evaluate financial systems and software for integrity, security, and compliance with internal and external standards.
• Audit Tools Management: Manage and update audit tools and software to improve audit processes and documentation.
• Advisory Role: Act as a trusted advisor to management on financial risks and controls, offering insights for strategic decision-making.
• Cross-Departmental Audits: Conduct audits across various departments to ensure cohesive compliance and control standards.
• Ethics and Integrity Promotion: Promote a culture of ethics and integrity throughout the organization by addressing potential conflicts of interest and ethical concerns.
• External Audit Coordination: Coordinate with external auditors during annual audits and facilitate the provision of necessary documentation.
• Documentation Review: Review and assess documentation related to financial transactions for accuracy and compliance.
• Continuous Learning: Engage in continuous professional development to stay current with auditing standards, financial regulations, and industry best practices.