Internal Audit and Compliance Manager

Purpose:

We are looking for someone with a thorough understanding of business processes, auditing standards and related risk and control frameworks to improve internal control efficiency and risk mitigation.

• Review standard operating policy & procedures for various departments to identify areas of non-conformity or improvement and follow up to ensure implementation.
• Ensure compliance with the all Statutory/Regulatory requirements to prevent avoidable fines and penalties.
• Identification of business and operational risks, continuous evaluation of the adequacy of existing controls and advising management of necessary action to mitigate identified business/fraud risks.
• Design internal control manuals over Cash & Bank Management, Receivables & Payable, Audits Procurement procedures, Stocks & Inventory Management, Assets management, HR Processes.
• Conduct regular checks of compliance with key company policies, design and implement company policies addressing peculiarities of the business.
• Develop a comprehensive compliance management program that aligns with company's objectives and regulatory requirements.
• Conduct regular risk assessments to identify and mitigate areas of risk and monitor and report on the progress of compliance activities to ensure timely implementation.
• Prepare and deliver high-quality audit reports that provide actionable recommendations for improving processes, controls, and risk management strategies.
• Provide recommendations for improving processes and controls to reduce risk and increase efficiency and monitor/report on the progress of audit recommendations to ensure timely implementation.

Qualifications

• Candidates should possess a Bachelor's Degrees in Accounting or related field.
• Master`s Degree will be an added advantage.
• Proficiency in Accounting software and advanced Excel skills.
• Minimum of 7 years in a similar position in a manufacturing environment.
• Relevant professional qualification is required
•  Good business knowledge and working experience in the areas of audit and compliance.
• An understanding of ERP systems