Junior Internal Auditor

Job Description & Duties of the Internal Auditor

A globally accepted job description of an internal auditor is the following:

“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes."

• CAT or FIA

• 1-2 years Audit experience

• Must be computer literate

• Good interpersonal skills

• Objectively review an organization's business processes

• Evaluate the efficacy of risk management procedures that are currently in place

• Protect against fraud and theft of the organization's assets

• Identify loopholes and share risk aversion methods and cost savings

• Act as an objective source of independent advice to ensure validity, legality and goal achievement

• Ensure that the organization is complying with relevant laws and statutes

• Check payments daily, ensuring timely and accurate payment of invoices.

• Handle customers communications, resolve any billing disputes (invoice incorrect)

• Assist Finance staff in educating employees and managers on policies and procedures relating to disbursements.

• Review credit expense reports for accuracy and completeness.

• Compilation of a follow up report of all outstanding premiums and report on a daily basis.

• Maintain files, including all reports, spreadsheets, correspondences, etc.

• Audit of accounts receivables on daily basis.

• Review all incoming transactions on a daily basis and to make sure its placed into respective folders.

• Audit claims and furnish reports to audit committee and directors

• Audit Master Folders for all class of business.

• Audit electronic revenue issued by underwriters and payment revenue stamps issued by staff, and submit reports to the accounts department monthly.

• Review conservation reports prepared by conservation clerk monthly.

• Make recommendations on how to improve internal controls and governance processes

• Ensure complete, accurate and timely audit information is reported to Management and/or Risk Committees.

• Maintain open communication with management and audit committee

• Document process and prepare audit findings memorandum

• Conduct follow up audits

• Visit various branch offices to conduct audits

• Perform any other audits that the Governance/Audit Committee may request from time to time.