Job Description
Key Responsibilities:
Internal Auditing:
- Conduct scheduled and surprise audits on financial records, inventory, sales, cash handling, and other operational aspects of the QSR.
- Ensure that all transactions and procedures are accurately documented, authorized, and in compliance with internal control policies.
- Perform audits of restaurant POS (Point of Sale) systems and financial reports to identify discrepancies or inefficiencies.
Compliance Monitoring:
- Monitor adherence to local regulatory and health and safety standards.
- Review compliance with food safety, employee welfare, and environmental policies in all restaurant locations.
- Assist in the preparation of reports for management regarding compliance violations or areas of concern.
Risk Management:
- Identify operational risks, such as inventory discrepancies, fraud, or theft, and provide recommendations for improvements.
- Analyze internal control systems and recommend adjustments to safeguard company assets and reduce operational risks.
Financial Analysis:
- Review financial statements, expense reports, and management accounts for accuracy.
- Evaluate cost controls, revenue management, and profit margins, providing insights on areas for improvement.
- Assist in financial forecasting and budgeting processes.
Reporting & Documentation:
- Prepare detailed audit reports highlighting findings, risk assessments, and actionable recommendations.
- Present audit findings to senior management, providing guidance on corrective actions and risk mitigation strategies.
- Maintain comprehensive audit trails and documentation for all audits conducted.