Audit Manager

Overview

FRU AND SONS LTD is recruiting an experienced Audit Manager to oversee the internal audit operations. This leadership role involves assessing and enhancing the effectiveness of governance, risk management, and internal controls across all organizational functions including procurement, import/export, warehousing, inventory, finance, logistics, sales, and export activities. The position ensures strict adherence to legal regulations, company standards, and international trade policies while protecting corporate assets and encouraging operational excellence.

Primary Responsibilities

• Designing and executing a comprehensive annual risk-focused audit plan.
• Conducting audits covering financial, operational, compliance, and inventory areas within various departments.
• Evaluating control systems to identify weaknesses and proposing enhancements.
• Assessing procurement, warehousing, import/export, and logistic processes for compliance and efficiency.
• Validating inventory system integrity through regular audits and reconciliations.
• Monitoring adherence to customs, tax, legal, and company policy requirements.
• Investigating suspected cases of fraud, theft, waste, or violations of policy.
• Analyzing financial and operational information to detect risks and irregularities.
• Compiling detailed reports with audit findings and corrective suggestions.
• Ensuring follow-ups on audit recommendations for timely remedial action.
• Providing expert advice on risk mitigation and governance best practices to management.
• Liaising with external auditors and regulatory bodies during inspections and audits.
• Reviewing effectiveness of accounting and ERP systems and financial reporting methods.
• Evaluating supplier compliance and procurement integrity.
• Ensuring compliance with anti-bribery, anti-corruption, and ethical standards.
• Conducting training sessions for managers and staff on controls, compliance, and risk awareness.
• Presenting audit insights and risk evaluations to senior leadership and Board when needed.
• Driving ongoing improvements in audit techniques and governance frameworks.

Qualifications and Experience

• A bachelor's degree in Accounting, Finance, Auditing, Business Administration, or a related discipline; a master's degree is a plus.
• Professional certifications such as CIA, ACCA, CPA, CISA, or CMA are highly preferred.
• Minimum of 5 to 8 years related auditing experience, including at least 3 years in a managerial capacity.
• Experience in industries such as import/export, logistics, manufacturing, wholesale, or distribution is an advantage.

Skills and Competencies

• Thorough understanding of internal audit standards and risk management practices.
• Strong grasp of financial reporting and accounting principles.
• Knowledgeable about customs regulations, international trade law, and import/export documentation.
• Excellent analytical, problem-solving, leadership, and team management capabilities.
• High levels of ethics, integrity, and professionalism.
• Proficiency in report preparation, communication, and interpersonal relations.
• Ability to concurrently manage multiple audit assignments effectively.
• Experienced with Microsoft Office and ERP/accounting software.
• Organizational and project management skills are essential.
• Capable of safeguarding confidentiality while making sound professional judgments.

Key Performance Indicators (KPIs)

• Completion of planned annual audits.
• Implementation rate of audit recommendations.
• Reduction of financial and operational risks.
• Enhancement of internal control systems.
• Improved accuracy of inventory and lowered discrepancies.
• Compliance with regulatory and internal policies.
• Timely submission of audit documentation.
• Decreases in fraud, errors, and operational losses.
• Favorable results from external audits.
• Increased operational efficiency following audit insights.

Working Conditions

This is a full-time role based at the company’s headquarters in Lusaka, Zambia. It involves occasional travel to warehouses, ports, suppliers, customers, and branches. Extended working hours may be necessary during audits, year-end processes, and inspections.

What We Provide

• A competitive salary package with performance-linked bonuses.
• Support for professional development and certification attainment.
• A collaborative and ethical workplace culture.
• Career progression opportunities in a leading import/export firm.
• Comprehensive employee benefits aligned with company policies.