Internal Auditor

Role & responsibilities

Job Description Audit Officer

Department: Internal Audit
Reports To: CFO
Location: Sharjah, UAE

Job Summary

The Audit Officer is responsible for reviewing and monitoring day-to-day financial and operational transactions within the ERP system to ensure accuracy, compliance, and adherence to company policies. The role focuses on General Ledger scrutiny, manufacturing operations audits, Bill of Material (BOM) mapping, production and consumption entries verification, Budget vs Actual and validation of transactions across finance and operational modules to ensure correct costing of the Finished Goods. The Audit Officer has to identify discrepancies, incorrect postings, report findings to the Account Department for corrective action.

Key Responsibilities

ERP Transaction Audit & Monitoring

• Review daily transactions recorded in the ERP system to ensure accuracy and completeness and report discrepancies via ticket on the same day.
• Verify accounting entries posted in various ERP modules, including:
• Payments
• Sales
• Purchases
• Journal Entries
• Inventory Module
• Fixed Assets Module
• Ensure transactions are recorded in the particular company in correct accounts, cost centers, and periods.

General Ledger (GL) Scrutiny

• Conduct detailed scrutiny of General Ledger accounts on a periodic basis (Daily, weekly, Monthly, Quarterly, and Annually as decided).
• Review unusual, incorrect, or unsupported entries and identify potential errors.
• Verify reconciliations (cash/bank, customer, supplier ledger) and ensure proper supporting documentation exists for all transactions.
• Highlight irregularities and recommend corrective actions.

Inventory & Consumption Audit

• Verify raw material consumption entries and finished goods production entries.
• Review stock movements and inventory adjustments for accuracy and authorization.
• Analyze material variances, wastage, and abnormal consumption patterns.
• Support periodic stock audits and inventory reconciliations.

Compliance & Reporting

• Identify incorrect, duplicate, unauthorized, or incomplete transactions.
• Prepare audit observations and discrepancy reports for regular review by Management.
• Conduct Periodic Financial Statements with Budget Vs Actual Report with adjustments and report the same to the management.

Qualifications

• Semi-Qualified Chartered Accountant (CA Inter) or equivalent professional accounting qualification.

Experience

• 1–3 years of experience in Internal Audit, Manufacturing Audit, or ERP Transaction Audit.
• Experience working in a manufacturing environment is mandatory.
• Hands-on experience with ERP systems and manufacturing modules.

Required Skills

• Strong knowledge of accounting principles and internal controls.
• Thorough understanding of manufacturing processes, BOM structures, and inventory management.
• Strong analytical and investigative skills.
• Proficiency in ERP systems and Microsoft Excel.
• Excellent report writing and communication skills.

Key Performance Indicators (KPIs)

• Timely review of daily ERP transactions and closure of audit tickets.
• Accuracy and effectiveness of discrepancy detection.
• Timely completion of assigned audit reviews and reports.
• Accuracy of inventory, production, and costing validations.
• Effectiveness of follow-up and closure of audit observations.