The position is responsible to add value and improve operations by bringing in a systematic and disciplined approach to the effectiveness of risk management, control, and governance processes by ensuring compliance with internal procedures and maintains knowledge of federal and local regulations. He/she will possess a thorough knowledge of accounting/financial procedures and a sound judgement.
Duties and responsibilities • Performing the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations. • Determining internal audit scope and developing annual plans. • Prepare and present reports that reflect audit’s results and document process. • 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. • Maintain open communication with management and audit committee. • Document process and prepare audit findings memorandum. • Conduct follow up audits to monitor management’s interventions. • Prepares reports and preserves documentation pertaining to audits for internal record. • Analyses audit results to determine methods for increasing profits and decreasing unnecessary costs • Assesses best financial practices for an organisation and makes relevant, informed suggestions • Ensures the organisation complies with internal regulations and established control protocol •
Qualifications and Experience • B.Com. and accounting designation (CPA, CA, CMA, CGA) • 10+ years related experience in a manufacturing environment, manage financials manufacturing accounting systems, standard cost accounting, budgeting and treasury functions • Strong Leadership and supervisory skills • Excellent communication skills and ability to work in a team environment • In depth knowledge of financial, MRP/ERP and integrated accounting systems • Proficient in MS Office, with advanced excel skills • Excellent problem solving and analytical skills • Coordinate annual audit of the Company with external auditors, set and prioritize goals and objectives for direct reports and themselves • Perform analysis on various company projects and plans and provide alternatives and recommendations • Review of legal contracts as requested & liaise with legal representation on corporate issues. • Establish and maintain relationship with banks, EDC. • Review standard costs, including appropriate overhead allocations • Other tasks as assigned by the Chairman Competencies • High level of communication skills – oral and written • Collaborative working • Flexibility • Highly organized and structured • Ability to multi task • Attention to detail