Internal Auditor

Objectively review the organization’s business processes

  • Determines internal audit scope of the company and develop annual plans
  • Obtains, analyzes and evaluates accounting documentation, previous reports, data, flowcharts etc
  • Examines documentation, including reports, statements, records, and memos to gather information
  • Identify loopholes and recommend risk aversion measures and cost savings
  • Assesses best financial practices for Insurance and makes relevant, informed suggestions
  • Develop, implement and maintain internal audit policies and procedures in accordance with local and international best practices
  • Maintains open communication with management and audit committee on findings

Evaluate the efficacy of risk management procedures that are currently in place

  • Completes standard paperwork and questionnaires to confirm internal controls
  • Participates in meetings with individuals and departments to update them on findings and the audit process
  • Performs and controls the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
  • Challenges current processes across the company and identify opportunities for refinement
  • Documents process and prepare audit findings memorandum
  • Oversees risk-based audits covering operational and financial processes
  • Conducts investigations into identified or reported risks

Protect against fraud and theft of the organization’s assets.

  • Conducts follow up audits to monitor management’s interventions
  • Acts as an objective source of independent advice to ensure validity, legality and goal achievement
  • Reports on control deficiencies to management, making recommendations to mitigate risk and add value
  • Reconciles documentation with actual inventory or assets to ascertain accuracy
  • Engages remediation of identified financial issues through follow-up
  • Ensures complete, accurate and timely audit information is reported to Management and/or Risk Committees
  • Makes recommendations for the best ways for the company to avoid fraud and reduce waste

Ensure the organization is complying with relevant laws and statutes

  • Engages in continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
  • Plays an active role in the maintenance and review of policies and procedures, including ensuring they are up to date with all legislation and best practices
  • Keeps up-to-date on audit procedures and regulations by attending conferences, workshops, and continuing education seminars

Other responsibilities

  • Participates in industry organisations and develops a professional network
  • Works with a team to achieve company goals
  • Overall supervision of planned annual audits
  • May work extra hours during busy audit seasons or to meet certain milestone
  • Communicates with a variety of stakeholders across the company
Job Requirements
Education

  • Degree in Accounting or Business Administration
  • Accreditation with the Institute of Internal Auditors, ACA and ICAN is an added advantage

Experience

  • 10 years of work experience in an internal audit environment
  • 9 years of Fraud Auditing experience.
  • Hands on the Job experience in the Insurance sector
Knowledge, Skills and Competency Requirements
  • Exceptional accounting skills
  • Analytical thinker with strong conceptual and problem-solving skills
  • Meticulous attention to detail with the ability to multi-task
  • Ability to work under pressure and meet deadlines
  • Ability to work independently and as part of a team
  • Excellent documentation, communication and IT skills
  • Ability to assess and evaluate risk, plus implement solutions
  • Excellent reporting skills
  • The ability to keep calm under pressure, especially when there are tight deadlines
  • The ability to think objectively

How To Apply

Kindly forward CVs to [email protected]

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Disclaimer!

LEAD ESC LIMITED will never ask applicants to pay any fee or otherwise. As an equal opportunity employer and employment agency, we will not discriminate on the basis of gender, age or race. We thank all applicants for their interest but ONLY candidates under consideration will be contacted directly for further evaluation.