Examine each and every transaction related documents ,verify accuracy and legitimacy on a daily basis.
Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
Give objective assurance of the existing policies, procedure and regulatory directives and relevant laws in the assigned work unit and determine internal audit scope and develop annual plans.
Obtain analyses and evaluate accounting documentation, previous reports, data, flowcharts etc.
Examine and analyze proper execution of operations of the assigned work unit in line with the work unit’s operating policies and procedures.
Communicate audit findings to Auditors to obtain their responses and prepare action plan for final rectifications. Prepare and present reports that reflect audit’s results and document process
Act as an objective source of independent advice to ensure validity, legality and goal achievement.
Identify loopholes and recommend risk aversion measures and cost savings.
Maintain open communication with management and audit committee.
Document process and prepare audit findings memorandum
Conduct follow up audits to monitor management’s interventions
Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.
Review the daily Audit Work paper and prepare the monthly Audit report.
Closely monitor rectification of the Audit findings.
Carry out preliminary and comprehensive special investigation on frauds, embezzlements and other issues as assigned by the management or the Board of Directors and recommend appropriate action.
Review periodic returns of the work units to verify that their financial reports truly depict their financial position, examine some minor IT issues at the work unit as stipulated in the audit procedure and conduct physical count of stock and fixed assets and verify existence and reconciliation against financial records.
Review and comment on customer handling and staff relationship at the unit based on observations.
Job Requirement
Bachelor's Degree in Accounting, Finance, Business Administration or equivalent to 2-4 years of relevant experience working in audit banking
Full professional qualifications is desirable and specialist experience in banking sector will an advantageous
Must be confident, self-starter, an independent thinker and have strong organizational, interpersonal and communication skills; team oriented.
Competences:
Participate in the development and implementation of effective audit procedure and programs
Technical/Professional Knowledge and Skills and communication.
Managing Work (includes Time Management), Contributing to Team Success & Quality Orientation
Excellent internal and external client service skills
Knowledge of industry best practices to improve efficiency and effectiveness