Internal Auditor

Audit
Lagos
April 5, 2025
Full Time
Urgent
Application ends: April 30, 2025

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Job Description

Job Opening: Internal Auditor

We are seeking a diligent and highly organized Internal Auditor to join our team. In this role, you will be responsible for evaluating the effectiveness of internal controls, risk management practices, and governance processes across the organization. Your primary focus will be to conduct audits across all outlet and head office levels, ensuring compliance with company policies, procedures, and operational standards, while providing detailed recommendations to drive continuous improvement and operational efficiency.

Key Responsibilities:

Outlet Audit & Control

  • Conduct regular audits at outlet locations to ensure adherence to company policies, procedures, and operational standards.
  • Verify compliance with hygiene, safety, and quality standards.
  • Check accuracy of sales records, POS operations, and cash handling at each outlet.

Daily Financial Audit

  • Review and reconcile daily sales reports, cash collections, POS summaries, and transaction records.
  • Investigate discrepancies, underreporting, or variances in financial data.
  • Collaborate with the finance department to ensure all funds are properly accounted for and banked.

Daily Operational Audit

  • Monitor and assess day-to-day activities to identify inefficiencies, policy violations, or lapses in procedures.
  • Review compliance with internal checklists, work schedules, and outlet reporting timelines.

Inventory Control & Stock Taking

  • Conduct and supervise physical stock counts at outlets, kitchen, bar, and lounge.
  • Reconcile stock balances with system records and investigate variances.
  • Monitor inventory movement, stock aging, and restocking procedures to prevent losses and overstocking.
  • Ensure proper documentation and authorization of stock issuance and usage.

Head Office (HQ) Audit

  • Audit administrative and financial activities within the HQ, including procurement, payroll, HR documentation, and expense claims.
  • Evaluate the effectiveness of internal controls within departments.
  • Ensure compliance with company policies and regulatory requirements.
  • Identify and report process gaps, policy breaches, or misuse of company resources.

Investigations

  • Conduct thorough investigations into staff misconduct, fraud, theft, or any reported irregularities.
  • Document evidence, interview involved parties, and submit formal findings with recommendations.
  • Collaborate with HR and senior management for follow-up actions.

Reporting

  • Prepare and submit comprehensive audit reports on a daily, weekly, and monthly basis.
  • Highlight key findings, risks, and recommendations in each report.
  • Maintain proper audit documentation and records for all reviews conducted.
  • Present data-driven insights to support strategic decision-making.

Market Survey & Price Review

  • Carry out regular market surveys to gather pricing data for food items, consumables, and services.
  • Compare market prices with vendor prices to identify cost-saving opportunities.
  • Provide price intelligence to support procurement and budget planning.

Management Support & Special Assignments

  • Undertake assignments delegated by the Managing Director, Head of Internal Audit, or Senior Management.
  • Participate in special audits, new outlet setups, compliance projects, and system improvement tasks.
  • Provide audit support for management decisions and policy formulation.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  • Proven experience in internal auditing, risk management, or accounting.
  • Strong knowledge of auditing standards, internal controls, and financial reporting.
  • Detail-oriented with excellent analytical and problem-solving skills.
  • Strong written and verbal communication skills.
  • Ability to work independently and manage multiple tasks in a fast-paced environment.
  • Experience in the QSR / Hospitality is a plus.

Compensation:

  • Salary: ₦180,000- 200,000 per month

How to Apply:

Interested candidates are encouraged to apply by submitting their resume and cover letter to hirehiverecruits@gmail.com with the subject line “Internal Auditor Application.”