Grab this Life Changing Job as Internal Audit Manager at Promasidor (Cowbell) Now.
Promasidor (Cowbell) is a leading provider of high-quality food products across various regions in Africa
About the job
OBJECTIVE
To provide an independent assessment of the adequacy of financial and operational controls, and to oversee an internal audit system that ensures that suitable business processes are in place, monitored, improved upon and complied with; that gaps in financial and operational controls are continuously monitored and corrected; and that company’s operational and financial risks are continuously identified, assessed and promptly managed or mitigated to safeguard against losses, misapplication and misappropriation.
JOB DESCRIPTION
- Drafts and achieves annual Audit Plan. Develops a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.
- Proposes practical and value added recommendations to address control weaknesses and/or process inefficiencies
- Follows up and report on outstanding management action plans to ensure significant risks and major deficiencies
- identified are effectively addressed and remediated by management within the mutually agreed timeframe
- Prepares and presents presentations based on quarterly reports to the Audit Committee summarizing the status and
- the results of audit activities.
- Performs consulting services for management through participation in projects designed to introduce new and/or
- changing processes, products or facilities. Provide value added recommendations to mitigate both project and end
- state risks
- Contributes to the safeguarding of corporate assets by ensuring that appropriate internal controls are in place and
- operating effectively
- Upon management request, investigates any suspected fraudulent activities, or high-risk areas within the organization
- and notify management and the Audit Committee of the results.
- Plays a leading role in fostering a culture of risk management and good corporate governance amongst management
- & staff including completion of internal projects
- Develop and maintain productive client and staff relationships through individual contact and group meetings
- Keeps up to date with developments affecting the internal audit & risk management professions
- Supports management in their responsibility to implement recommendations to increase control
Key Performance Measures
- Compliance to risk based methodology, including risks or control concerns identified by management, Group Internal Audit Director and the Audit Committee.
- Timeous and relevant audit reports to management and any other relevant parties at the conclusion of each audit in order to communicate the audit findings, recommendations and management action- Not more than 1 week after audit conclusion
- Full suite utilization of Isometrix features in an effective & efficient manner
- 100% sense of urgency in audit project work and Division’s response time to audit queries and recommendations
- Submit audit presentation to Management a week prior to Board/Management Meeting
- 100% accuracy and confidentiality in reporting with clear conclusions when fraudulent activity is detected.
- 100% commitment to (C)ontinuing (P)rofessional (D)evelopment; and the sharing of knowledge with peers, management etc.
- Immediate implementation of follow–up of all audit recommendations approved by management after audit review.
- Production of monthly audit reports to Management on audit and compliance/control findings, irregularities, etc. with recommendations aimed at strengthening the overall control environment. Due 2nd week of the month succeeding.
- Audit methodologies kept current and regularly reviewed.
- Full compliance to documented timeline Commitments (Tasks/Assignments and To-Dos from meetings).
Education
BSc. Business Administration with ICA (Ghana) or ACCA
Experience
Minimum of 5 years’ experience at a senior level working with risk assessment and corporate risk management frameworks and advising executive management.
Key Competencies
Communication Skills: Very articulate in communicating (Speaks and Writes clearly and effectively), disseminates and shares information with Management, co-workers and other stakeholders in clear and accurate manner.
Planning & Organizing: Demonstrate ability to translate business vision into realistic actionable plans, setting measures & resource levels to ensure successful outcome. Effectively manage budget and plans.
Achieving Results: Demonstrate ability in developing strategies, taking personal responsibility for achieving short and long term group and organizational goals ensuring it reflects on company bottom-line.
Innovation & Change: Demonstrate creativity to plan & manage changing priorities in response to critical events, seeking opportunities for innovation, taking risks & able to mobilize team in the face of change.
People Development: Demonstrate ability to set clear standards for performance, highlight team success while managing poor performance, & leadership skill to developing team to attain their full potentials.
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Negotiating & Influencing: Demonstrate ability to effectively manage stakeholder’s expectation, represent the company in negotiating resources & able to persuade stakeholders to drive long-term opportunities for the company.
Relationship Building: Demonstrate ability to build trust across teams through fairness, respect and consistent behavior, promote and maintain excellent relationships with, between and among stakeholders.
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Strategic Focus: Translate organization strategic objectives into high level plans for achievement, gaining buy-in from all stakeholders for the plans and managing long term implication of strategic decisions.
How to Apply: Go here
Closing Date: December 15th 2022