Bamo Company is seeking a detail-oriented Internal Auditor to review financial transactions, inventory, and operational processes across its trading and distribution activities. The role focuses on ensuring accurate records, protecting company assets, identifying risks, and improving internal controls.
Key Responsibilities
- Review accounting records, financial transactions, and supporting documents to verify accuracy and compliance with company policies.
- Audit sales invoices, customer collections, discounts, returns, and credit transactions to ensure proper documentation and approval.
- Review customer and distributor balances, overdue receivables, and collection procedures; report discrepancies and potential risks.
- Audit purchasing transactions, supplier invoices, payments, and related approvals.
- Conduct regular and surprise checks of cash balances, petty cash, and supporting records.
- Participate in physical inventory counts and reconcile warehouse stock with system records.
- Review stock movements, deliveries, transfers, and returns to identify shortages, discrepancies, or unauthorized transactions.
- Monitor controls over damaged, expired, near-expiry, and slow-moving products, including stock rotation and approved write-offs.
- Check compliance with approved price lists, promotional offers, credit limits, and authorization procedures.
- Assess internal controls and identify weaknesses, unusual transactions, and potential fraud risks.
- Prepare clear audit reports outlining findings, their impact, and practical recommendations for management.
- Follow up with relevant departments to confirm that corrective actions have been implemented.
- Maintain accurate audit documentation and protect confidential company information.
Qualifications and Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- At least 3 years of relevant experience in auditing or internal control.
- Experience in an FMCG, trading, or distribution company is preferred.
- Strong understanding of accounting principles, inventory controls, receivables, payables, and audit procedures.
- Proficiency in Microsoft Excel and accounting or ERP systems; experience with Odoo is an advantage.
