Wednesday, 13 January 2016

Group Internal Auditor

Our Client is a Group of Hotels Currently recruiting a Group Internal Auditor

The Group Internal Auditor is responsible for the development and execution of the company’s Corporate Internal Audit Plan. 

He/She will work with the Audit Committee and management to ensure a system is in place to review and enhance the financial and operational controls environment.  

He/She will coordinate the audits / reviews of critical business processes; evaluate the internal controls, interact with business unit controllers, managers and company executives; and identify potential process improvement opportunities and minimize major business risks.
Key Responsibilities
  • To plan, organize and carry out the internal audit function including the preparation of an Audit Plan with requisite resource estimates, scheduling and assigning work.
  • To Review Internal Audit Reports comparing with best practice, providing the Audit committee with an opinion on present business practices and identifying where systems in place are inadequate or non-existent.
  • Review Internal Controls by reference to External Audit Reports and report back to the Audit Committee in terms of the requirements of the Audit quality benchmarks.
  • To coordinate coverage with the External Auditors and ensure that each party is not only aware of the other's work but also well briefed on areas of concern
  • To make recommendations on the systems and procedures being reviewed, report on the findings and recommendations and monitor management's response and implementation
  • Annually perform a Risk Management assessment and prepare an audit plan which will address the risk assessment.
  • To review and report on the accuracy, timeliness and relevance of the financial and other information that is provided for the Board.
  • Auditing the Sales revenue procedures to ensure compliance with systems in all revenue centres.
  • Auditing procurement procedures and payments to ensure that all goods and services are properly ordered, delivered and examined in accordance with existing best practice.
  • To work with management to ensure a system is in place which ensure that all major risks of the business are identified and analyzed, on an annual basis.
  • To conduct any reviews or tasks requested by Audit Committee or provide such reviews and ensure tasks do not compromise the independence or objectivity of the internal audit function.
  • Together with the appropriate Management, document the required control procedures and oversee their introduction, to ensure that systems are improved.
  • Verifying the existence and effectiveness of Internal Controls in all departments and be involved in initiating or updating of key financial and operational manuals that comply with generally accepted principles of internal control.
  • Assisting in preparing periodic reports to the Board and or its relevant committees.
Job Requirements
Education Qualifications & Experience
  • Bachelor’s degree in Accounting, Audit, Finance, or related discipline with Certified Public Accountant (CPA-K) or equivalent credentials with extensive knowledge of Generally Accepted Accounting Principles ("GAAP");
  • Minimum of seven (7) years’ experience, with a mix of experience from accounting and external/internal audit roles, business risk consulting preferably in the hospitality environment.
  • Conversant with Hospitality IT Systems including Opera and Micros.
  • Extensive experience in the design, evaluation and benchmarking of Financial and Operational processes and controls.
  • Demonstrated competence in operational fraud risk management and anti-fraud internal controls; IT and other general processes compliance controls.
  • Extensive knowledge of current hot topics for Audit Quality Assurance standards in Contracting, Revenue Management, Risk Management, Business Ethics & Governance
Personal Characteristics
  • A hands-on approach with exceptional leadership, management, interpersonal and communication skills.
  • Understanding of ethical behaviour and business practices and ensure own behaviour and the behaviour of others is consistent with these standards and aligns with the positive business values.
  • Ability to establish, maintain and influence positive working relationships with others both internally and externally to achieve the goals of the company.
  • Assesses situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the company.
If you feel you fit the above role, please send your CV only quoting the job title on the email subject to



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