Internal Auditor

SUMMARY

You will play a vital role in ensuring the effective and efficient operation of the internal audit function for EIH Limited. You will be responsible for evaluating and improving the effectiveness of internal controls, risk management processes, and governance practices. This position requires a deep understanding of the hospitality industry and the ability to lead a team in a dynamic and fast-paced environment.

KEY ACTIVITIES

• Develop and implement a comprehensive internal audit framework for hotels, airline catering and allied businesses, covering all areas of operations, including finance, revenue, operations, procurement, and compliance.
• Plan and execute internal audit engagements to assess the adequacy and effectiveness of internal controls, risk management processes, and compliance with company policies and procedures.
• Conduct risk assessments to identify potential areas of risk and develop appropriate audit plans to mitigate those risks.
• Lead a team of in house and co-sourced internal auditors, providing guidance, training, and mentoring to ensure the team's professional development and the successful execution of audit engagements.
• Review and evaluate the reliability and integrity of financial and operational information, the effectiveness of internal controls, and compliance with applicable laws and regulations.
• Prepare comprehensive, well researched, data driven audit reports with findings and recommendations to management, highlighting areas for improvement and proposing corrective actions.
• Prepare highly insightful presentations and audit findings for periodic briefing of senior management and board.
• Collaborate with senior management and department heads to develop and implement action plans to address audit findings and improve internal controls and processes.
• Monitor and track the implementation of audit recommendations to ensure timely and effective resolution.
• Stay updated on industry best practices, emerging risks, and regulatory changes to continuously improve the internal audit function and maintain compliance with relevant standards.
• Foster a culture of ethics, integrity, and accountability within the organization, promoting awareness of internal controls and risk management practices.

KEY SKILLS

• Chartered Accountant with relevant years of relevant post qualification experience. Additional professional certification (e.g., CISA, CIA, CFE) would be highly desirable.
• Experience in internal auditing, preferably within the hospitality industry, with a strong focus on financial and operational controls.
• Proficiency in using audit and dash boarding tools, data analytics, and enterprise resource planning (SAP) systems for audit purposes.
• Proven experience in leading and managing a team of internal auditors.
• In-depth knowledge of auditing principles, practices, and standards (SIA, AS, IFRS, CARO), as well as a solid understanding of risk management and control frameworks (COSO, COBIT).
• Familiarity with hospitality industry operations, including revenue management, uniform system of accounting, food and beverage, front office, and back-office processes.
• Strong analytical and problem-solving skills, with the ability to assess complex situations, identify root causes, and provide practical recommendations.
• Excellent written and verbal communication skills, with the ability to effectively communicate audit findings, recommendations, and action plans to senior management.
• High level of integrity and ethical behaviour, with a commitment to maintaining confidentiality and professionalism.
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced and dynamic environment.