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Corporate Internal Audit

OVID Construction PLC

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Finance

Accounting

Addis Ababa

10 years

Position

2021-09-21

to

2021-09-30

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
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Full Time

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Job Description

Company profile

Established in 2013, Ovid Construction PLC is a private limited company which is in the process of upgrading itself to level of OVID group incorporating, Ovid Construction, Ovid IT Solution, Ovid Integrated Health, Ovid Real Estate, Ovid Trade House, Ovid Manufacturing and Ovid venture Capital

Ovid Construction PLC, being a Grade 1 construction company, is mainly engaged in construction and infrastructural development through construction and delivery of mega projects including residential and commercial buildings, large scale storages as well a real estate development.

Terms of Employment: Permanent

Job Summary

The Internal Auditor periodically examines (audits) the organization’s financial records to ensure they are accurate and up-to-date and that processes for generating and maintaining financial records and documents comply with applicable standards and regulations. They identify ways to improve processes for finding and eliminating waste and fraud.

The internal Audit directly report to the Group CEO and Executive Director Team

Essential duties and responsibility

  • Assessing the group risk factors and determine areas that can be enhanced
  • Objectively review the organizational business processes
  • Identifying gap on the internal control and recommendation for improvement
  • Putting procedures, internal audit policies, manuals, templates and reporting formats to improve productivity as well as efficiency and effectiveness of operations.
  • Assisting financial directorate on the preparation of internationally accepted audit report and financial reporting standards and format
  • Assisting on the development of operational capacity measurement methodology with ability of the group company in keeping its operational commitment.
  • Examination and evaluation of financial records of individual organization in the group to make sure they are fair and accurate representation of the transactions they claim to represent
  • Performing compliance audit to conform and adhere the policy and procedures are properly implemented by each individual organization.
  • Check and ensure that the system of payments has appropriate safe guard and control built into it.
  • Protect against fraud and theft of the organization’s asset;
  • Check and ensure the system of authorization of expenditure and investments, sales, scrap and transfer of fixed asset and maintenance of registers and accounting records thereof in sound and appropriate
  • Participate in and coordinate regular cash count and physical inventory taking
  • Prepare monthly report and submit to the group CEO.
  • Cooperate with external auditors or ministry of revenue auditors as may be appropriate.

Job Requirements

Qualifications/Training

  • Bachelor’s Degree and above from accredited University in Accounting and finance or other relevant fields.
  • CIA is a plus.

Competencies and Experience

  • Minimum of 10 years of financial, operational, or compliance audit experience in any internal audit department. Construction and real estate experience is a plus
  • Strong analytic and problem-solving capabilities and the ability to identify solutions and recommendations that effectively address business and control needs
  • Ability to multi-task effectively, responding to changing business priorities and deadlines
  • Working knowledge of Microsoft Office applications
  • The ability to work independently under general supervision with considerable latitude for initiative and independent judgment

How to Apply

Interested applicants who fulfill the requirement must send their CV and credential through the following email

tsige.tesfu@ovid-group.com or Samrawit.yemaneh@ovid-group.com

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