Audit and Compliance Officer

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional qualification: ACA, ACCA, CIA, CPA, ICAN, CFA, CITN, or related certifications.

Experience:

• Minimum of 8 years of experience in audit and compliance, preferably within the automotive industry.

Skills:

• Professional certification such as CPA, CIA, or CISA is highly desirable.
• Strong understanding of regulatory requirements and industry standards.
• Excellent analytical, problem-solving, and organizational skills.
• Proficiency in audit software and Microsoft Office Suite.
• Strong communication and interpersonal skills.

Role Description: We are seeking a diligent and detail-oriented Audit and Compliance Officer for our automotive company. This critical role involves overseeing the internal audit functions and ensuring compliance with industry regulations and company policies. The ideal candidate will possess strong analytical skills, a thorough understanding of audit processes, and extensive knowledge of regulatory requirements in the automotive industry.

Key Responsibilities:

• Audit Planning and Execution:

  • Develop and implement comprehensive audit plans and programs.
  • Conduct regular audits of financial and operational processes to ensure accuracy and compliance.
  • Identify areas of risk and recommend corrective actions to mitigate them.

• Regulatory Compliance:

  • Ensure the company adheres to all relevant industry regulations and standards.
  • Monitor changes in regulations and update company policies and procedures accordingly.
  • Conduct compliance training sessions for employees to promote awareness and adherence to regulations.

• Internal Controls:

  • Evaluate the effectiveness of internal controls and recommend improvements.
  • Develop and implement internal control policies and procedures.
  • Monitor compliance with internal control guidelines and report any deviations.

• Risk Management:

  • Identify potential risks and develop strategies to mitigate them.
  • Conduct risk assessments and implement risk management frameworks.
  • Monitor and report on risk management activities and outcomes.

• Reporting and Documentation:

  • Prepare detailed audit reports and present findings to senior management.
  • Maintain accurate and up-to-date records of audit activities and compliance issues.
  • Provide timely and accurate reports on compliance status and audit results.

• Stakeholder Collaboration:

  • Collaborate with various departments to ensure compliance with audit findings and recommendations.
  • Work with external auditors and regulatory bodies during audits and inspections.
  • Build and maintain strong relationships with key stakeholders to promote a culture of compliance.