Internal Auditor

AI summary

Venmac Resources Limited seeks an experienced Internal Auditor for its hotel operations in Lugbe, Abuja. The role involves daily financial audits, risk assessment, inventory control, and compliance monitoring across hotel departments. Candidates should have 4–10 years of experience, a BA/BSc/HND, and strong knowledge of internal controls and hospitality operations.

• Full-time, onsite role in Abuja
• Salary range ₦200,000 – ₦300,000 per month
• Requires 4–10 years of audit experience
• Focus on financial auditing, risk management, and inventory control
• Hospitality industry background preferred

Original source description

Venmac Resources Limited is a hotel management company with an unmatched experience: in the hospitality Industry. Over the years we have worked with reputable 3-5 star hotels across the nation, providing business solutions in the hospitality industry, and we have earned ourselves as one of the emerging hospitality management company committed to seeing our... Read more about this company Internal Auditor (Bourdillon Hotel & Apartment Hotel Lugbe Abuja) Job Type Full Time , Onsite Qualification BA/BSc/HND Experience: 4 - 10 years Location Abuja Job Field Risk Management and Compliance Salary Range ₦200,000 - ₦300,000/month Responsibilities: Financial Auditing and Compliance Core Record Auditing: Conduct daily and comprehensive audits of sales, stocks, inventories, and accounting records across all hotel departments and outlets. Accuracy Verification: Check figures, postings, and financial documents for mathematical correctness and proper recording from various service points. Regulatory Alignment: Evaluate financial documents for compliance with federal regulations and ensure all activities align with hotel policies and industry standards. Expenditure Review: Examine both recurring and non-recurring expenditures and the systems used for financial control. Integrity Assurance: Maintain a policy of zero tolerance for unreviewed transactions and active identification of income leakages. Conduct routine audits of financial transactions including cash handling, bank deposits, and revenue reports. Verify daily revenue reports from Front Office and POS systems. Audit accounts payable and receivable transactions. Ensure proper reconciliation of bank statements, petty cash, and revenue accounts. Review payroll records for accuracy and compliance. Risk Management and Internal Controls Risk Assessment: Identify potential financial and operational risks to the organization and provide actionable recommendations to mitigate them. Control Evaluation: Evaluate the effectiveness of internal controls and recommend specific improvements to accounting and record-keeping processes. Operational Efficiency: Assess the productivity of internal staff and identify ways to cut costs and improve overall profitability. Assess the adequacy and effectiveness of internal control systems. Identify risks related to fraud, theft, revenue leakage, and operational inefficiencies. Recommend improvements to strengthen financial and operational controls. Ensure compliance with internal policies and regulatory requirements. Inventory and Stock Management Inventory Analysis: Collate, check, and analyse stock and purchase items to ensure proper control over assets. Database Maintenance: Establish and maintain an up-to-date database for food and beverage inventory, including current pricing information. Price Harmonization: Liaise with the Accountant to harmonize the pricing of Food & Beverage products for sale. Conduct periodic inventory checks on: Food and beverage stock Housekeeping supplies Maintenance tools and equipment Verify physical assets against company records. Monitor usage and prevent stock losses or pilferage. Reporting and Collaborative Strategy Communication of Findings: Prepare detailed audit reports and presentations to communicate findings and recommendations to upper management Cross-Departmental Collaboration: Work with various departments to gather data, understand diverse processes, and build awareness of policy and procedure issues. Follow-up Actions: Monitor and follow up on the implementation of previously issued audit recommendations to ensure adjustments are made. Compliance Monitoring Ensure compliance with hotel policies and procedures. Verify adherence to financial regulations and statutory requirements. Monitor adherence to procurement policies and vendor management processes. Reporting Prepare detailed audit reports highlighting findings, risks, and recommendations. Present audit reports to management for corrective action. Follow up on previously identified issues to ensure implementation of recommendations. Check how your CV aligns with this job Method of Application Interested and qualified candidates should forward their CV to: venmachospitality@gmail.com using the position as subject of email. Build your CV for free. Download in different templates.