Internal Auditor

Internal Auditor

JOB RESPONSIBILITIES:

• Regular visit to the stores all over UAE and GCC (as required) to conduct audits, at least once every month/ more times as required.
• Draft and review the Loss Prevention and any other relevant process and procedure.
• Check whether daily cash is banked as per Company Policy
• Verify foreign currency received during sale is properly accounted and banked
• Perform spot till check
• Ensuring that petty cash and extra cash float is handled properly and monitor usage and recording of petty cash float
• Identify the reason for using manual billing if any and the details of Void, return, refund, staff discount, other discount – whether they are as per policy and how it’s handled by store.
• Ensure that the Company gift voucher (saleable & others) and mall gift voucher are properly accounted, the amount due from mall management and check for timely submission of the same.
• Check the usage of non-stock items received from the supplier.
• Verify if recording of staff attendance, days in lieu, submission of rejoining report/passport to office are done as per the company policy and highlight variances between staff Rota and the attendance
• Audit of store keys and who is responsible to handle the keys in store.
• Check whether the security system/ alarm is working properly • Audit payments and receivables such as mall gift vouchers, credit card payments, foreign supplier payments etc.
• Overview the P&L and Bank reconciliations
• Conduct period audit of staff discounts and attendance
• Provide prompt and professional investigation service to the Company in relation to theft, malpractice and fraud and provide reports to the management.
• Manage the Loss Prevention training for stores
• Manage to survey stores, including pre-opening and all Company premises to identify and categorize risks, levels of risk and actions required

Job ID #77