Audit officer at Maxitech Global Investment Limited in Lagos

Role Overview

The Audit officer is in charge of analyzing the organization's financial and business initiatives, with a robust concentration on stock management, payments processing, and entire financial regulates. This role plays a main responsibility in evaluating risk, recognizing inefficiencies or fraudulent initiatives, and making sure adherence with organisation rules, rules, and all accounting guidelines.

Stock Audits:

• Examine stock financial record, which includes buy orders, receiving, sales, and transfers, to guarantee proper recordkeeping and authorization.
• Track physical stock counts and execute cycle counts to identify discrepancies or theft.
• Evaluate stock turnover rates and obsolete stock compose-offs to guarantee precise appraisal of inventory.
• Collaborate with logistics and warehouse teams to confirm stock is stored and managed according to organisation procedures, reducing risks of shrinkage or loss.

Partnership and Development:

• Collaborate with other departments (e.g., finance, accounting, processes) to comprehend and evaluate the performance of current regulates.
• Offer learning to employees regarding adherence with stock and payment methods, nurturing an environment that fosters responsibility and internal regulate consciousness.
• Work alongside external auditors and authorities to coordinate audits and verify that every necessary financial disclosures are precise.
• 7. Ongoing development:
• Stay informed about industry standards, technological improvement, and market trends connected with auditing, stock management, and payments.
• Propose creative methods for streamlining audit methods and rising effectiveness, leveraging business intelligence or automatic control where relevant.

Necessary Credentials

• Bsc in Accounting, Finance, Business Management, or a relevant field.
• ACCA Accredited will be an added advantage.
• Deep knowledge of financial accounting principles and internal regulates, especially as they refer to stock management, payment operational structures and finance reporting.
• A minimum of 4 - 6 years of applicable audit expertise in a production operations, in-store, or allocation organisation that agreements with sophisticated stock operational structures and payment processing.
• Competence in financial system and Excel spreadsheet software would be a plus.

Competencies and Skills:

• Logical thinking and meticulousness, with the capability to recognize discrepancies and weaknesses in sophisticated operational structures.
• Robust documented and spoken communication competencies, which includes the capability to report results and strategic guidance to top level management.
• Robust planning abilities, with the capability to oversee various projects and due dates.
• Capability to operate independently and in a collaborative environment, displaying plan and a initiative-driven mindset.
• High professional conduct and honesty and reliability, with a dedication to preserving secrecy.