Internal Auditor and Compliance Manager at Mintvilla Housing Real Estate

PURPOSE OF POSITION:

Continuously ensure internal control systems, risk management and governance, procedures and policies with a view to minimizing risk exposure for utilization of assets and other resources.

KEY RESPONSIBILITIES:

• Operational & Strategic Roles (40%):
  • Develop internal control measures and organize regular reviews of internal control measures.
  • Develop annual audit plans for approval by the appropriate authority and ensure that routine audits are carried out as per the agreed plan.
  • Ensure compliance with the laid down internal controls, all Tillows Global policies and other statutory requirements and regulations.
  • Develop risk and compliance framework across Tillows Global, overall risk management strategies and annual work plans.
  • Conduct discussions with the directors, departmental heads, Group Human resources, and all department Managers on commencement and completion of all audits.
  • Check the soundness of accounting procedures and the reliability of financial records and reports.
  • Carry out investigations in all Tillows global entities as the need may arise.
  • Safeguarding assets and as appropriate, verifying the existence of such assets to ensure assets are safeguarded.
  • Ensure operations are consistent with established objectives and goals and that the operations are being carried out as planned.
  • Liaise with Other internal finance teams as well as directors, departmental heads, Group Human resources, and all department Managers to foster cooperation, reduce duplication of effort and ensure appropriate sharing of information as well as auditing.
  • Advise management on external and Internal audit queries.
  • Guarantees complete confidentiality of records and information obtained during auditing.
  • Carry out audits and investigations and recommend remedial actions as per operational procedures requirements.
• Managerial Roles & Responsibilities (30%):
  • Develop and maintain a sound audit manual detailing audit practices, procedures and standards.
  • Determine the accuracy and reliability of accounting records by analyzing systems and internal controls.
  • Ensure audit working papers are properly prepared, referenced, reviewed and documented systematically.
  • Prepare management reports as required.
  • Supervising, training and appraising staff and working together with all other department heads and managers as well as the finance team to foster efficiency and teamwork.
  • Participate in the preparation and implementation of the strategic plan.
  • Review and evaluate the financial controls, systems, procedures, books of account, financial statements and periodic financial reports.
  • Perform any other duties as may be assigned from time to time.

Key Results & Accountability Areas (30%):

1. Effective utilization of resources.
2. Compliance with policies, procedures, standards and controls.
3. Cost control and management.
4. Risk management and safety of assets.
5. Compliance with safety regulations and procedures.
6. Ensure internal checks and balances in the company finances
7. Security of the existing financial systems.

KNOWLEDGE, SKILLS & ABILITIES:

1. Five (5) years working experience in a finance function with a minimum of four (4) years auditing experience in a senior position.
2. A Masters degree in Finance or a related field.
3. A Business related degree.
4. CPA – K/ACCA qualification.
5. An understanding of SAGE ERP is a must.
6. Membership of a professional body.
7. CISA certification will be an added advantage.
8. A firm understanding of internal auditing standards.
9. Able to integrate the understanding of industry trends and vulnerabilities to identify future possibilities, opportunities and risks.
10. Knowledge and application of Internal Audit standards in the financial services industry.
11. Proactively review and recommend security quality improvements in line with technological and product changes.
12. Ability to understand and document workflows and business processes.
13. Knowledge and effective application of all relevant banking policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks.
14. Organized; able to work both independently and in a team setting.
15. Ability to identify solutions that effectively address business and control needs.
16. Interpersonal skills to effectively communicate audit results to functional heads and other stakeholders.
17. Self-empowerment to enable the development of open communication, teamwork and trust that are needed to support true performance.