To evaluate theadequacy of effectiveness of the systems of internal accounting,administrative and operating controls over various companyactivities and to promote effective controls at reasonable cost.
Todetermine compliance with company policies and procedures. Toperform audit assignment including substantive test of details andtest of controls.
QUALIFICATIONS, EXPERIENCE, & SKILLSInternal Audit Plan and Execution
Prepare all requireddocuments needed to plan & start the audit assignment i.e.Commencement Memo, Audit Planning Document (ADP), Risk &Control Matrix (RCM) and Audit Program.
Plan anefficient and effective audit approach and by defining objectivesand scope, preparing audit programs to meet those objectives.
Determine audit procedures to be used including samplingmethod and the use of Computer Aided Audit Techniques (CAAT).
Attending and scheduling pre & post auditmeetings and preparing the minutes.
Processunderstanding - field planning - field work - issue drafting -draft report - closing meeting minutes - finalizing audit reports.
Conducting detailed audit work by performing substantivetests of details & tests of controls.
Maintaining proper working papers file (WP)
Draw anddocument sound conclusions in the working paper file based on thereview of internal controls and details transaction testing.
Determine if audit findings grant the need forinvestigation / special review.
Perform walkthroughs inorder to understand current policies, procedures and practicesfollowed, and performed controlled GAP analysis to recommendimprovements. Minimum Qualifications :
Bachelor'sdegree in accounting, finance, or similar discipline from areputable university.
Masters or MBA is preferred.
Audit professional qualifications, e.g. Certified PublicAccountant, Chartered Accountant, Certified InternalAuditor