Role Purpose Statement: 

This role will perform audits of the organization’s financial and information systems, assessing compliance with applicable standards and guidelines and the sufficiency of internal controls.

Main Accountabilities

• Audits the company’s financial records, statements, and reports, verifying accuracy and consistency.
• Audits the company’s information systems, assessing compliance with data security and storage requirements.
• Draw up the internal audit strategy and annual plan for giving the annual audit opinion that the organization fulfills its overall purpose, achieves its intended outcomes for the stakeholders and partners;
• Conduct research and assess how well risk management processes are working in TFC and communicate the results to the Executive Committee
• Develop the operational framework and procedures for an effective Internal Auditing system.
• Ensure compliance with statutory obligations, and requirements of various laws applicable.
• Analyze and evaluate the adequacy, effectiveness, efficiency, and reliability of internal controls and propose recommendations for improvement.
• Prepare necessary reviews, recommendations, and conclusions of auditing activities for the Board and Executive Committee in line with the International Standards on Auditing.
• Prepare audit reports highlighting issues/problems along with solutions, and distribute the same to the relevant people.
• Forecasting, and recommending preventative strategies to avoid any upcoming audit issues/bottlenecks
• Coordinate with external auditing bodies.
• Assess financial reporting mechanisms and review financial reports in accordance with the relevant accounting policies and financial reporting standards as approved by the Executive Committee of the Authority.
• Performs other related duties as assigned.

OTHER REQUIRED COMPETENCIES

• Extensive knowledge of general financial accounting and reporting.
• Extensive knowledge of information systems security.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Proficient with Microsoft Office Suite or related software.
• Extremely proficient with accounting software.

Key Performance Indicators (KPIs)

• Customer satisfaction.
• Count of issues found and recommendations made.
• Percentage of recommendations implemented on time.
• Hours spent per audit.
• Certifications held by audit team members.
• Increased productivity and efficiency.
• Decreased expenses.
• Leaner operations.

Requirements

EDUCATION, EXPERIENCE & TECHNICAL SKILLS

• Bachelor’s degree in Accounting required.
• Certified Public Accounting (CPA) or Certified Internal Auditor (CIA) designation preferred.
• At least 10 years of industry-related experience including three years in upper management required.