Audit Officer at Nett Pharmacy Ltd

Job Description:

As an Audit Officer at Nett Pharmacy, you will be responsible for conducting internal audits to assess the effectiveness of our controls, processes, and risk management practices.

Your role will involve:

• Monitoring and implementation of strong inventory controls across all our branches.
• Evaluating the adequacy and effectiveness of internal controls.
• Reviewing financial records, operational processes, and compliance with policies and regulations.
• Identifying areas of improvement and providing recommendations.
• Preparing detailed audit reports and presenting findings to management.
• Monitoring the implementation of audit recommendations.

Key Responsibilities:

• Conduct physical inventory counts and reconcile with inventory records on our ERP system
• Evaluate inventory management practices to ensure accurate tracking and minimize shrinkage across all our branches
• Work with the branch managers to ensure accurate inventory controls in all our branches
• Liaise with the warehouse / distribution centre to ensure all inventory is moved according to company policies
• Conduct thorough and objective internal audits of financial and operational activities.
• Assess compliance with internal policies, procedures, and regulatory requirements.
• Analyze data and prepare comprehensive audit reports with actionable recommendations to management.
• Collaborate with various departments to understand processes and identify risks.
• Stay updated on industry best practices and regulatory changes.
• Assist in the development and enhancement of internal audit methodologies.
• Support external auditors during annual audits and other reviews.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification is an added advantage
• Minimum 1-2 years experience as an auditor, preferably in a retail environment, is an added advantage
• Strong knowledge of auditing principles, practices, and standards.
• Proficiency in audit software and MS Office applications, particularly Excel.
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team