Internal Auditor

Dubai, United Arab Emirates
04 Oct 2018
27 Nov 2018
  • Check financial transactions & ensures correctness of the entries in the company's bookkeeping system as per the accounting standards.

  • Control and verify the accuracy of disbursements and ensure that all are properly recorded.

  • Prepare & finalize closing of book of accounts every quarter and year-end.

  • Monitor & review profit and loss reports and balance sheet every quarter.

  • Monitor & review customer's credit limit and ensure that payments are made on due date by monitoring the approved credit terms of suppliers.

  • Check reconciliation reports of sister company accounts - local & overseas including supplier's accounts.

  • Analyze & investigate source of inventory discrepancies & advise correcting measures.

  • Prepare comparative report of expense, sales & inventory for the Management.

  • Reconcile sales in stock vs. recorded sales in accounts and stock purchase vs. recorded purchase in accounts.

  • Constantly and frequently check the gross profit margin for items sold, prepare reports required and investigate and report any negative margins.

  • Monitor the entries of amortization for the prepaid and provision accounts.

  • Prepare personnel loan schedule to ensure payment agreements are properly observed.

  • Review fixed asset registry to ensure proper recording of depreciation.

  • Check the monthly VAT report provided by Accounts Team prior to submittal and approval.

  • Conduct internal audits on the company's processes, by setting up audit plans, coordinating with Branch Managers and Department Heads, attaining copies of the latest processes drawn to ensure the correct carrying out of processes in each department.

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