Financial & Operational Risk Specialist

Department: Audit

Section: Internal Audit

Reports to: Group Risk and Audit Manager

Job Purpose

To deliver independent and objective assurance that enhance organizational value and operational effectiveness. The Internal Auditor will support the achievement of organizational objectives by assessing and strengthening risk management, internal controls, and governance frameworks.

Key Working Relationships:   

Key Internal Relationships:         Key External Relationships:

1. All departments             i.    External Auditors

Key Responsibilities

• Allocate assigned resources to conduct reviews
• Coordinate team activities to assure that review objectives are achieved, and review is conducted in accordance with audit and other professional standards.
• Adept at assessing complex financial/operational/compliance process at assessing risks-IT, Financial and operational.
• Apply key control concepts in a wide variety of business setting.
• Establish or tailor review programs and testing procedures to ensure they are appropriate for the process being reviewed.
• Develop appropriate solutions to enhance and integrate with other financial, operational, and Information Technology tools and processes.
• Use CAAT techniques in particular ACL software to interrogate ERP database for analytics across end-to-end processes. (Brief training will be conducted introducing ACL and ERP) Train /mentor staff assigned to the team. Prepare performance reviews at completion of reviews.
• Ensure that all work papers supporting the review are clear and concise.
• Conducting audit assignments in line with the approved audit work plan.
• Conduct risk assessments to identify areas of potential weakness and recommend improvements to mitigate risk.
• Present audit findings and recommendations to all levels of management.
• Prepare well-articulated audit reports with good business English necessitating minimal corrections and drafts.
• When required, assist in managing administrative issues.

Nature of Decision Making:

• Routine and non-routine decisions

Responsibility of physical assets (Custodianship):

• Working tools and equipment

Job Requirements & Competencies (Knowledge, Experience and Attributes/Skills)

• Bachelor of Commerce
• CPA or Equivalent.
• 2 years of experience in audit consulting firm and at least 2 years’ practical industry experience.

Job skills and attributes:

• Analytical skills
• Good Communication skills
• Interpersonal skills