Job Summary 

Internal Auditor  shall be responsible for planning, organizing, coordinating, monitoring and controlling the overall duties of the functional unit; studies and follows up the policies, procedures and overall operational systems of the company to be adhered  by the functional units; supervises and verifies through audit investigations at planned intervals, that the functional units and the company as a whole are executing their duties and responsibilities accordingly; conducts special audit and other system compliance verification tasks as required; produces and submits periodic  audit reports to the CEO.

Duties and Responsibilities

• Studies and follows up the standards, policies, procedures and overall operational systems of the company as well as adherence to General Accounting Principles.

• Develop an assessment framework that brings together the assurance activities of Royal business Group where they relate to the risk register and report against this to Finance & inventory in the form of a functional audit.

• Supervises and conducts audit investigations at planned intervals to verify that the functional units and the company as a whole are executing their duties and responsibilities in conformity to system requirements.

• Ascertains that all collections and disbursements are justified, substantiated and in proper order

• Ensures that all properties and fixed assets of the company are properly registered and controls their proper utilization by verifying whether material and fixed asset control systems in place for the purpose are compiled.

• Conducts performance audit and checks the efficiency of the system’s performance and working procedures of work units.

• Ensures that the company’s resource utilization is economical and efficient by checking performances.

• Conducts periodic system audit and ensures that all internal control systems are properly and consistently practiced and makes sure the systems in place are serving their purpose.

• Ensures that all business documents as well as other substantiating materials are properly kept and maintained as per the procedures laid dawn.

• Provides audit consultancy service to the management on working systems and procedures before it causes damages and other undesirable results.

• Follows up and makes sure that comments made by internal and external auditors are handled and entertained; evaluates the effectiveness of the actions taken against intended outcomes.

• Exercises authority over the hiring, termination, transfer and promotion of personnel in his service in accordance with established personnel policies and procedures.

• Conducts special audit and other system compliance verification tasks as required.

• Develops periodic action plans of the functional unit cascading the strategic plan.

• Conducts payment and cash collection verifications on regular basis or as deemed necessary by management.

• Reviews nonconformities and their possible reasons to come up with ideas for future action.

• Instigates management for action on nonconformities in a way such compliance failures never repeat again.

• Evaluates the performance of employees under his/her direct supervision.

• Produces and submits periodic audit reports to the CEO to instigate immediate corrective action.

• Discharges and executes other job-related duties and responsibilities as required by the management. 

Job Requirements

Qualification 

• MA or BA Degree in Accounting, Finance, or Accounting and Finance from recognized university

Work Experience

• At least six (4) years of relevant experience for MA or eight (6) years for BA, including at least three (2) years of Audit experience in similar organizations, is required for both.

Skills and behaviors

• Demonstrated ability to show initiative, solve problems, handle multiple tasks simultaneously and remain calm under pressure

• Proven ability to prioritize and to initiate follow-through

• Independently motivated, but also able to work closely and collaboratively as a member of a highly interdependent team.

• Ability to make sound decision provides effective leadership, and pay close attention to detail.

• Experience in accounting software and advanced Excel spreadsheet system design and implementation is preferred

How to Apply

Submit your CV via email: hrroyalgroupeth@gmail.com or in person to Royal Foam, Spring Mattress and Plastic Manufacturing PLC, located around Meskel Flower Road, in front of Gazebo Square, Sterling Building 6th Floor. For further information Contact Tel. +251911606592/ +251911412085

Note: Use " Internal Auditor " as the subject line of your email!