Elvaridah is a Business Development Company with the primary objective of working with businesses and business owners to start up their businesses, improve, differentiate or expand already existing ones.
The Auditor is responsible for evaluating and improving the effectiveness of risk management, control, and governance processes.
This role requires a strong understanding of retail operations, financial reporting, and compliance, along with the ability to identify and mitigate risks.
Key Responsibilities:
Internal Audits:
Plan and conduct internal audits to assess the effectiveness of internal controls, accuracy of financial records, and compliance with policies and regulations.
Perform detailed testing of transactions and balances to ensure accuracy and reliability.
Evaluate the adequacy and effectiveness of internal controls over financial reporting and operational processes.
Risk Assessment:
Identify and assess areas of significant business risk.
Develop audit plans and strategies to address identified risks.
Provide recommendations to mitigate risks and enhance internal controls.
Compliance:
Ensure compliance with applicable laws, regulations, and internal policies.
Review and evaluate the effectiveness of compliance programs.
Conduct special audits and investigations as needed.
Reporting:
Prepare detailed audit reports outlining findings, risks, and recommendations.
Present audit results to senior management and the audit committee.
Monitor the implementation of audit recommendations and follow up on corrective actions.
Financial Analysis:
Analyze financial statements and other financial reports to ensure accuracy and compliance.
Assess the effectiveness of financial reporting processes and controls.
Identify areas for improvement in financial management and reporting.
Operational Audits:
Conduct operational audits to evaluate the efficiency and effectiveness of retail operations.
Assess inventory management, sales processes, and customer service practices.
Recommend improvements to enhance operational performance and customer satisfaction.
Data Analysis:
Utilize data analytics tools and techniques to analyze large datasets.
Identify patterns, trends, and anomalies in financial and operational data.
Use data-driven insights to support audit findings and recommendations.
Collaboration:
Work closely with other departments to ensure a comprehensive understanding of business operations.
Collaborate with external auditors and regulatory bodies as needed.
Provide training and guidance to staff on internal controls and audit processes.
Qualifications:
Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Experience: Minimum of 4 years of experience in auditing, with at least 3 years in the retail industry.
Skills:
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Proficiency in auditing software and data analysis tools.
Ability to work independently and as part of a team.
Click Here To Apply