INTERNAL AUDIT

Job Description:

Key Responsibilities:

• Audit Planning and Execution:
• Develop and implement comprehensive audit plans to assess the companys internal controls and financial systems.
• Conduct audits of construction projects, contracts, procurement processes, payroll, and financial reporting.
• Review and assess the adequacy of internal control systems and risk management processes.
• Test the accuracy and integrity of financial records and operational processes, identifying discrepancies or inefficiencies.
• Compliance and Regulatory Oversight:
• Ensure compliance with relevant accounting standards, tax laws, construction regulations, and internal company policies.
• Monitor compliance with project budgets, timelines, and regulatory requirements.
• Review and assess adherence to safety standards and other industry-specific regulations.
• Reporting and Documentation:
• Prepare detailed audit reports documenting findings, including any control weaknesses, risk exposures, or inefficiencies.
• Present audit findings and recommendations to management and make suggestions for corrective actions.
• Follow up on prior audit recommendations to ensure that corrective actions have been implemented.
• Risk Management:
• Identify potential risks in the companys operations, including financial, operational, legal, and compliance risks.
• Work closely with management to develop risk mitigation strategies.
• Evaluate the risk of fraud, waste, and abuse within construction operations and recommend preventative measures.
• Continuous Improvement:
• Stay up-to-date with industry standards, best practices, and regulations relevant to construction and auditing.
• Recommend improvements to the companys internal audit processes and procedures.
• Assist in the development of internal controls and policies to safeguard assets and ensure efficient operations.
• Collaboration and Support:
• Collaborate with project managers, department heads, and other staff to ensure audit coverage across all departments.
• Provide guidance on internal control best practices to operational teams.
• Support management in ensuring financial integrity and operational efficiency across all construction sites and corporate activities.

Qualifications:

• Bachelors degree in Accounting, Finance, Business Administration, or a related field, Master degree is an added advantage.
• Professional certifications such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor), or CISA (Certified Information Systems Auditor) are preferred.
• Minimum of 5 years of experience in internal auditing, preferably within the construction or related industry.
• Strong knowledge of construction accounting and finance practices, including cost estimation, contract management, project accounting, and budgeting.
• Proficient with accounting software, enterprise resource planning (ERP) systems, and audit tools.
• Excellent analytical, communication, and problem-solving skills.
• Attention to detail with a high level of integrity and professionalism.
• Ability to work independently and manage multiple audit projects simultaneously.

Method of Application:

Interested and qualified candidates should send their CV to: admiin.rhg@gmail.comusing the Job Title "Internal Audit - PH" as the subject of the mail.

Please note: Only qualified candidates will be contacted.

Application Closing Date30th January, 2025.

Job Type: Full-time

Application Deadline: 30/01/2025