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Audit Officer

Audit Officer

FoliXx HospitalityLagos, NG
23 days ago
Job description

Job title : Audit Officer

Job Location : Lagos Deadline : January 26, 2025 Quick Recommended Links

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Key Responsibilities :

Internal Auditing :

  • Conduct scheduled and surprise audits on financial records, inventory, sales, cash handling, and other operational aspects of the QSR.
  • Ensure that all transactions and procedures are accurately documented, authorized, and in compliance with internal control policies.
  • Perform audits of restaurant POS (Point of Sale) systems and financial reports to identify discrepancies or inefficiencies.

    • Compliance Monitoring :

  • Monitor adherence to local regulatory and health and safety standards.
  • Review compliance with food safety, employee welfare, and environmental policies in all restaurant locations.
  • Assist in the preparation of reports for management regarding compliance violations or areas of concern.

    • Risk Management :

  • Identify operational risks, such as inventory discrepancies, fraud, or theft, and provide recommendations for improvements.
  • Analyze internal control systems and recommend adjustments to safeguard company assets and reduce operational risks.

    • Financial Analysis :

  • Review financial statements, expense reports, and management accounts for accuracy.
  • Evaluate cost controls, revenue management, and profit margins, providing insights on areas for improvement.
  • Assist in financial forecasting and budgeting processes.

    • Reporting & Documentation :

  • Prepare detailed audit reports highlighting findings, risk assessments, and actionable recommendations.
  • Present audit findings to senior management, providing guidance on corrective actions and risk mitigation strategies.
  • Maintain comprehensive audit trails and documentation for all audits conducted.