Our clients are looking for a qualified and experienced internal audit manager to join their team.

Responsibilities

The day-to-day operation of the Internal Audit function is the responsibility of the Internal Audit Manager.

The Internal Audit Manager has the responsibility to:

• Develop a flexible Internal Audit plan using an appropriate risk-based methodology, including any risks or control concerns identified by management, and submit that plan and periodic updates thereto to the Board Audit Committee for its review and approval.
• Ensure effective implementation of the Internal Audit plan and Operations review recommendation.
• Set frequencies, select subjects, determine scopes of work and apply the techniques required to accomplish audit objectives.
• Assist with special tasks or projects that may be requested by management or the Board Audit Committee.
• Coordinate Internal Audit work with that of the company’s independent External or co-sourced Auditors to achieve maximum effectiveness at minimum cost.
• Report to management on the results of Audit work, detailing all findings and observations for management’s consideration.
• Ensuring effective implementation of internal audit recommendations by appraising adequacy of action taken by Unit Management to correct deficiencies.
• Provide timely reports to the Board Audit Committee, including updates of work performed, audit results, and recommendations for improvements in internal control and operating efficiencies.
• Keep the Board Audit Committee informed of emerging trends and successful practices in Internal Auditing.
• Reviewing the systems established by Management to ensure compliance with those policies, plans, procedures, laws and regulations, which could have a significant impact on operations and reports; and determining whether the organisation is in compliance.
• Reviewing internal controls for the prevention of fraud, waste and avoidable losses.
• Supervising and checking scrap sales and sale of obsolete assets.
• Conducting special reviews and investigations.
• Coordinate and supervise all internal audit functions within the Company.
• Supervise and review the performance of internal audit staff in accordance with job specifications.
• Supervise and review the conduct of operations audits at the factory covering areas such as production planning, purchase procedures, materials planning, inventory control, distribution system, expense control, and credit control.
• Assign, supervise and review the conduct of internal audits by co-sourced auditors’ at all reasonable times in all sales outlets. Verification and validation of Finance Risk Matrix for Securities Exchange Control
• SER – Social & Environmental Responsibility Audit – Ensure effective implementation of recommendations

Requirments

• Bachelor’s degree or equivalent
• 5-8 years of experience directly related to the duties and responsibilities specified.
• Experience working in an audit firm and/or the retail industry is an added advantage