1. Audit Planning & Strategy:
Develop and implement a comprehensive internal audit plan, outlining the scope, methodology, and schedule of audits across ACDO’s departments and projects.
Design risk-based audit programs that address financial, operational, and compliance risks.
Assess risks associated with key areas of the organization, particularly financial management and project execution.
- Internal Control Evaluation:
Review internal control systems and financial practices to assess their effectiveness.
Identify areas of non-compliance and recommend appropriate improvements.
Conduct regular compliance audits to ensure adherence to donor guidelines.
- Compliance & Donor Accountability:
Ensure that all financial and operational activities are in line with donor agreements and international best practices.
Monitor project spending and ensure funds are utilized for their intended purposes.
Evaluate contracts, grants, and procurement processes for compliance with donor policies and legal regulations.
- Reporting & Documentation:
Prepare and present detailed audit reports to the management and relevant stakeholders, highlighting risks, findings, and corrective actions.
Maintain documentation of all audit work papers, findings, and recommendations.
Collaborate with external auditors, providing them with the necessary information for efficient execution of external audits.
Facilitate donor’s audits, spot checks and TPMs throughout the functions and duration.
- Risk Management & Advisory:
Provide ongoing risk assessment and mitigation advice to management.
Offer recommendations to improve operational efficiencies, reduce costs, and enhance ACDO’s overall governance framework.
Guide management on the adoption and implementation of internal control measures.
- Capacity Building:
Develop and deliver internal training programs to ACDO staff on compliance, internal control, and risk management.
Provide mentorship and guidance to staff regarding audit-related matters and compliance procedures.
- Follow-Up & Continuous Improvement:
Monitor the implementation of corrective actions resulting from audit findings.
Recommend process improvements and innovations in internal control mechanisms.
Engage in regular follow-ups with management on the execution of audit recommendations and reports.
Lead on regular follow-ups with external auditors, TPMs and spot checks.