Internal Auditor Job at Venmac Resources, Abuja

Venmac Resources is hiring an Internal Auditor in Lugbe, Abuja. The full-time onsite role requires a degree and four to ten years of experience.

Job Details

Rewritten Job Content

Job Overview

Venmac Resources Limited is recruiting an Internal Auditor for Bourdillon Hotel & Apartment Hotel in Lugbe, Abuja. The successful candidate will review financial transactions, revenue records, inventory, internal controls and regulatory compliance across the hotel’s departments and service outlets.

This is a full-time, onsite position for a candidate with a BA, BSc or HND and between four and ten years of relevant experience. The role requires close attention to financial accuracy, operational risks, stock management and the implementation of audit recommendations.

About the Organization

Venmac Resources Limited is a hotel management company that provides business and management services within Nigeria’s hospitality industry. The company has worked with hotels operating across different service categories.

Key Responsibilities

Financial Auditing and Compliance

The Internal Auditor will:

• Conduct daily and comprehensive audits of sales, stock, inventory and accounting records across hotel departments and outlets.
• Review figures, postings and financial documents for accuracy and proper recording.
• Audit financial transactions involving cash handling, bank deposits and revenue reports.
• Verify daily revenue reports generated through the Front Office and point-of-sale systems.
• Examine accounts payable and accounts receivable transactions.
• Review recurring and non-recurring expenditure and the systems used to control spending.
• Reconcile bank statements, petty cash records and revenue accounts.
• Review payroll records for accuracy and compliance.
• Evaluate financial documents against applicable regulations, hotel policies and industry standards.
• Identify possible revenue leakages and ensure that transactions receive the required review.

Risk Management and Internal Controls

The position will also involve:

• Identifying financial and operational risks and recommending practical measures to address them.
• Assessing the adequacy and effectiveness of existing internal control systems.
• Identifying risks connected with fraud, theft, revenue leakage and operational inefficiencies.
• Recommending improvements to accounting, record-keeping, financial and operational control processes.
• Reviewing staff productivity and identifying opportunities to control costs and improve profitability.
• Monitoring compliance with internal policies and relevant regulatory requirements.

Inventory and Stock Management

The Internal Auditor will support the control of the hotel’s stock and physical assets by:

• Reviewing and analysing stock records and purchased items.
• Establishing and maintaining an updated database for food and beverage inventory, including current prices.
• Working with the Accountant to harmonize the sale prices of food and beverage products.
• Conducting periodic checks of food and beverage stock, housekeeping supplies, maintenance tools and equipment.
• Comparing physical assets with the organization’s records.
• Monitoring the use of stock to help identify and prevent losses or pilferage.

Reporting and Follow-Up

Additional responsibilities include:

• Preparing detailed audit reports that clearly present findings, identified risks and recommendations.
• Presenting audit findings to management for corrective action.
• Working with different departments to collect information and understand their operating processes.
• Helping departments understand issues involving policies and procedures.
• Monitoring the implementation of previously issued audit recommendations.
• Following up on identified problems to confirm that agreed corrective measures have been completed.

Compliance Monitoring

The successful candidate will:

• Monitor compliance with hotel policies and operating procedures.
• Verify adherence to relevant financial regulations and statutory requirements.
• Review compliance with procurement policies and vendor-management procedures.

Qualifications and Experience

Candidates must possess:

• A BA, BSc or HND.
• Between four and ten years of experience.

The vacancy does not specify the required course of study, professional certification or any additional academic qualification.

How to Apply

Interested and qualified candidates should review the role requirements carefully and submit their CV through the venmachospitality@gmail.com using the Apply button on this page

used Internal Auditor as the subject of the email.