Determine internal audit scope, develop annual plans, document process and prepare audit findings report
Perform and control the full audit cycle including risk management and control management over operations? effectiveness, financial reliability and compliance with all applicable directives and regulations.
Undertaking regular transaction and systems review to confirm that internal control systems are in place and are working
Obtaining,?analysing and evaluating accounting documentation, reports and data
Prepare audit reports that reflect audit?s results and document process on a monthly basis
Act as an objective source of independent advice to ensure validity, legality and goal achievement
Identify loopholes and recommend risk aversion measures and cost savings
Engage to continuous knowledge development regarding sector?s rules, regulations, best practices, tools, techniques and performance standards?
Coordinating both internal & external audits.
?Accounting Responsibilities
Review of costings of all inventories and ensuring that costs are maintained accurately
Coordinating and setting up of selling prices
Analysing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
Analysing and review of actual manufacturing costs and preparing monthly variance reports comparing standard costs to actual production costs with adequate explanations.
Actively monitoring all manufacturing costs at Factory level to ensure efficiency in terms of yields percentages, adherence to costing recipes/BOM, labour ratios and other inputs to actualize maximum cost savings.
Providing management with reports specifying and comparing factors affecting prices and profitability of products.
Running month end close costing activities to aid in month end closing of accounts.
Coordinating and being the ??in charge?? during stock counts and adjustments
Facilitate proper office cash management by authorizing invoices before payments vouchers are prepared;
Facilitate safe keeping of all accountable documents;
Ensure supplier definition, invoice and Validate payments in the ERP system to maintain compliance of procedures;
Prepare annual operational budgets by determining the availability of funds, activities scheduled for the year and their costs translating these into operational budgets
Ensure all financial data i.e., payment vouchers, receipts, adjustments and any other journal entries are posted into the accounting system software on a monthly basis.
Ensure all financial information is properly filed, secured and backed up.
Ensure all the assets of the Company are safeguarded.
Prepare bank reconciliations?
Participate in external audits by providing auditors with accounting documents as requested and providing information and explanations for audit queries.
Implement standards, regulations and procedures by executing the day-to-day operations of the department;
Any other responsibilities that may be assigned from time to time
