Internal Auditor

The Internal Auditor plays a critical role in independently assessing the effectiveness of the organization’s policies, procedures, and standards related to financial, operational, and information resource management. This position ensures that company resources are utilized efficiently and effectively to support sustainable long-term growth and enhance the overall value of the organization.

Key Responsibilities

- Evaluate risk exposures related to governance, operations, and information systems, focusing on the reliability and integrity of financial and operational data, operational effectiveness, asset safeguarding, and compliance with applicable laws, regulations, and company policies to identify auditable areas.

- Develop and document detailed audit plans for each engagement, outlining objectives, scope, timing, and resource allocation. Create work programs that align with engagement goals.

- Review the accuracy and integrity of financial and operational information, including the processes used to identify, measure, classify, and report such data.

- Conduct audits in accordance with the approved audit program and the International Professional Practice Framework (IPPF) established by the Institute of Internal Auditors (IIA).

- Identify missing or ineffective internal controls, process gaps, and instances of non-compliance with laws, regulations, and company policies. Engage with process owners and departmental heads to discuss findings and incorporate their feedback.

- Prepare and organize comprehensive working papers that document the nature, scope, results of examinations, and evidence supporting audit findings.

- Draft audit reports that provide opinions on the adequacy, effectiveness, and efficiency of operations and systems in use.

- Perform follow-up audits to verify that management actions have been implemented effectively or escalate risks to senior management if corrective measures are not taken.

- Oversee the Continuous Monitoring System (CMS) to enhance monitoring of exceptions in high-risk areas such as aging accounts, discounts, concessions, unusual sales trends, and collateral management, ensuring adequate controls are in place.

- Supervise internal audit team members during audit engagements and fraud investigations.

- Identify, evaluate, and investigate potential fraud risks, including claims received through Ethics Line or other channels, and management requests. Conduct independent investigations related to code of ethics violations, maintaining thorough documentation and reporting.

- Execute consulting assignments and projects within defined scopes to support management in achieving organizational objectives and mitigating risks.

- Prepare reports and information for the Audit Committee and other management stakeholders.

- Maintain and update the Code of Ethics (COE) investigation database and ensure timely fraud reporting to the Ethics and Compliance Committee, Audit Committee, and senior management.

Required Qualifications

Candidates should hold professional certifications such as CIA (Certified Internal Auditor), CFE (Certified Fraud Examiner), ACCA (Association of Chartered Certified Accountants), or be at the CA Intermediate level. These qualifications demonstrate the necessary expertise in auditing, fraud examination, and financial management.

Preferred Qualifications and Benefits

While not explicitly stated, experience with international auditing standards, strong analytical skills, and proficiency in audit management systems are advantageous. The role offers the opportunity to contribute significantly to organizational governance and risk management, working closely with senior leadership and cross-functional teams.

This position demands a detail-oriented professional with strong communication skills, the ability to manage multiple projects, and a commitment to upholding the highest ethical standards within the organization.