Responsibilities:
1. Fraud Risk Assessment:
- Conduct thorough assessments of the organization's operations, systems, and processes to identify potential areas vulnerable to fraud.
- Analyze company historical & transactional data and industry trends to anticipate fraud risks and develop proactive measures to address them.
2. Audit Planning and Execution:
- Develop risk-based audit plans specifically targeting areas prone to fraud.
- Execute audit procedures to evaluate the effectiveness of existing controls in mitigating fraud risks.
- Document audit findings, including identified weaknesses and recommendations for improvement.
3. Fraud Prevention Strategies:
- Design and implement fraud prevention strategies and controls tailored to the organization's unique risk profile.
- Develop policies, procedures, and training programs to promote fraud awareness and ensure adherence to ethical standards among employees.
4. Compliance and Reporting:
- Stay abreast of relevant laws, regulations, and industry best practices related to fraud prevention.
- Prepare comprehensive reports summarizing audit findings, recommendations, and remediation plans for management and stakeholders.
Qualifications:
- Bachelor's degree in accounting, finance, business administration, or related field.
- Proven experience 7-10 years in internal audit, accounting, or fraud investigation roles, preferably in an audit firm or regulated industry.
- Strong analytical skills with the ability to identify patterns and potential fraud indicators.
- Excellent communication and interpersonal skills, with the ability to convey complex concepts clearly and effectively.
- Sound judgment and integrity, with a commitment to upholding ethical standards and confidentiality.
- Ability to work independently and collaboratively in a fast-paced environment, managing multiple priorities and deadlines effectively.
