Management Trainee - Internal Audit

Jaffer Brothers Private Limited

Karachi , Pakistan

Apply Now

Posted 2 days ago 13 views Report Job

This role involves supporting the internal audit function across multiple business areas such as Finance, Procurement, Supply Chain, Inventory, Sales, Human Resources, Administration, and Operations. The incumbent will assist in conducting audits, performing stock counts, and analyzing business processes to identify risks and control weaknesses. The position requires working closely with various departments to ensure compliance with policies and regulatory requirements while contributing to the continuous improvement of internal controls and operational efficiency.

Key Responsibilities

- Assist in conducting internal audits across diverse business functions including Finance, Procurement, Supply Chain, Inventory, Sales, Human Resources, Administration, and Operations.
- Perform biannual physical stock counts at locations in Upcountry and Karachi.
- Participate in preparing the audit program by gaining a thorough understanding of business processes and identifying key risks and controls.
- Conduct process walkthroughs to comprehend business activities, roles, and existing control procedures.
- Review business transactions and supporting documentation within SAP to verify compliance with approved procedures and authorization protocols.
- Extract and analyze data from SAP to detect unusual transactions, exceptions, ageing items, duplicates, and other potential control weaknesses.
- Develop proficiency in relevant SAP modules such as FI (Financial Accounting), MM (Materials Management), SD (Sales and Distribution), and their associated business processes.
- Perform reconciliations and detailed data analysis using Microsoft Excel.
- Assist in identifying opportunities to enhance system controls and minimize manual interventions.
- Assess adherence to internal policies, management directives, and applicable regulatory requirements.
- Prepare audit working papers, testing sheets, process narratives, and supporting documentation to substantiate audit findings.
- Support the preparation of draft audit reports and engage with departmental personnel to discuss observations and recommendations.
- Participate in monthly follow-ups on agreed management action plans and verify the implementation of corrective measures.
- Coordinate with auditees to gather necessary information, documents, and explanations for audit purposes.
- Attend departmental meetings and undertake other assignments as required to support the audit function.

Required Qualifications

- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Familiarity with internal audit principles and practices.
- Working knowledge of SAP modules, particularly FI, MM, and SD.
- Strong analytical skills with the ability to interpret complex data sets.
- Proficiency in Microsoft Excel for data reconciliation and analysis.
- Attention to detail and ability to identify control weaknesses and compliance issues.
- Effective communication skills to interact with various departments and present audit findings clearly.
- Ability to work independently and as part of a team in a dynamic environment.

Preferred Qualifications and Benefits

- Professional certification such as CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor), or ACCA is an advantage.
- Previous experience in conducting audits within a corporate environment is preferred.
- Exposure to regulatory compliance and risk management frameworks will be beneficial.
- Opportunities for professional growth and development within the organization.
- Collaborative work environment fostering continuous learning and improvement.

This position offers a valuable opportunity to contribute to strengthening internal controls and enhancing business processes across multiple functions, supporting the organization’s overall governance and risk management objectives.