Audit Associate  

Key Responsibilities:

1. SALES AND RECEIPTS AUDIT – RARI FASHION AND TGI (64%)

1. Verifies accuracy of figures, calculations, posting of entries by Accounting on the following:

a. POS and manual receipts (sampling, 50%)

b. Sales journal

c. Cash receipts book

d. Credit notice

e. Cash flow statements

f. Bank statements

g. Journal Vouchers

h. Other accounting documents and reports

2. Compares results with recorded entries or book balances.

3. Prepares independent reconciliations of bank account statements considering cancelled, voided and outstanding checks, disbursement and receipts book and check register and other accounting reports.

4. Checks compliance to P&Gs and proposes necessary updates in existing P&G and/or new P&G.

5. Summarizes errors noted for adjustment by Accounting.

6. Prepares and submits Sales and Receipts Audit Report.

7. Confirms integrity of audit reports.

8. Updates and reports status of un-acted Sales and Receipts Audit Reports prepared, where amounts for adjustments have not yet been corrected in the records.

1. RECEIVABLES AUDIT – RARI FASHION AND TGI (14%)

1. Verify accuracy of figures, calculations, posting of entries by Accounting on the following:

• POS and manual receipts
• Cash receipts books
• AR ledgers or schedules
• Ageing
• Journal vouchers

2. Compares results with recorded entries, book balances or supporting schedules.

3. Checks compliance to P&Gs and proposes necessary updates in existing P&G and/or new P&G.

4. Summarizes errors noted for adjustment by Accounting.

5. Prepares and submits Sales and Receipts Audit Report.

6. Confirms integrity of audit reports.

7. Updates and reports status of un-acted Receivable Audit Reports prepared, where amounts for adjustments have not yet been corrected in the records.

1. DISBURSEMENT AUDIT – RARI and TGI (18%)

1. Verifies accuracy of figures, calculations, posting of entries by Accounting on the following:

• AP vouchers
• Check vouchers
• Check register
• Cash position report
• Cash flow statement
• Other accounting documents

2. Compares results with recorded entries.

1. Prepares independent reconciliations of bank account statements considering issued and cancelled checks, all receipts and bank and/or book adjustments.
2. Checks compliance to P&Gs and government rulings if applicable.
3. Summarizes errors and P&G non – compliance noted for adjustment by Accounting.
4. Confirms integrity of audit report.
5. Prepares Disbursement Audit Report for submission to Audit Manager.

Preferably, Female;

• Computer-literate (Excel, Word & Email);
• With background/experience in inventory;
• Strong analytical and planning skills;
• Good communication and presentation skills;
• Excellent problem-solving skills;