Regular review and recommendation of improvements to the Internal Audit manual and accounting manual of the organization in line with the international standards.
Develop risk-based annual audit plans detailing the scope, nature and timing of audit activities.
Design Internal Audit procedures and work programs to cover all areas of the company’s operations.
Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
Identify key area of risk within the organization and propose appropriate controls to mitigate the risks.
Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
Discuss audit reports findings and recommendations with line managers and report significant issues to the CEO.
Prepare audit reports in line with the approved audit plan.
Monitor the timely implementation of the management actions recommended in the audit reports.
Provide CEO with an opinion on the adequacy, effectiveness and efficiency of the internal controls in the organization.
Conduct quality audit checks of processes, procedures and materials employed in achieving any defined goals and objectives of the company.
Provide consultative support to units and departments with regard to the adequacy of quality of services and materials in use for service delivery.
Assist the development of an internal control culture, including training to staff.
Monitor the trends and developments in the internal audit area.
Conduct ad-hoc investigations and reviews as requested by the CEO