Internal Auditor

LIAT (2020) Limited is seeking a detail-oriented Internal Auditor to evaluate financial and operational effectiveness, ensure compliance with regulations and internal policies, and recommend improvements to enhance risk management practices.

Key Responsibilities:

1. 1.      Audit Execution and Project Management

• Conduct periodic audit of internal operations/departments, functions, processes and projects
• Follow up with audit findings and ensure resolution of open items
• Collaborate with, and support external auditors, for timely and effective execution of annual audit
• Manage the portfolio of audit projects, lead and report the investigation of breaches and violations.
• Examine, evaluate and report the adequacy and effectiveness of internal control and risk management systems.
• Plan, implement, coordinate and execute all audit assignments, monitor progress and manage audit budgets and schedules.
• Lead the successful development, management and end-to-end execution of Audit Plans; drive the development of the Annual Audit Plan.
• Track results of prior audits, identify audit themes across the company and facilitate appropriate corrective action.

1. 2.      Continuous Improvement

• Continually strengthen and improve the governance, risk and control environment of LIAT (2020) Limited acting as a key driver of change within Internal Audit and across the organization. 

1. 3.      Compliance Monitoring

• Assess and ensure compliance with industry regulations, aviation standards, and company policies. 

1. 4.      Reporting

• Prepare detailed audit reports, including findings, risks, and suggested corrective actions.
• Stay updated with relevant industry regulations, best practices, and emerging risks. 

1. 5.      Risk Management

• Leverage a risk-based approach, determine audit scope, identify potential risks, inefficiencies, and areas for improvement, providing actionable recommendations
• Follow up on audit recommendations to ensure timely implementation of corrective measures.
• Stay updated with relevant industry regulations, best practices, and emerging risks
• Assist in fraud detection and prevention efforts. 

1. 6.      Client Relationship Management

• Serve as primary point of contact for audit business partners and stakeholders; assume overall responsibility for relationship management for specific business areas.
• Work in partnership with business leaders to strengthen governance, risk and control environments by anticipating issues, providing advice and sharing Internal Audit knowledge and best practices.
• Serve as Internal Audit representative for corporate-wide committees and initiatives. 

Required Qualifications and Experience:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certification such as CIA, CPA, ACCA, CA or equivalent.
• Minimum of 3-5 years of internal auditing, risk management, or financial compliance experience, preferably in aviation or a related industry.
• Strong understanding of internal controls, financial reporting, and regulatory compliance.
• Knowledge of aviation industry regulations and standards (ICAO, IATA, FAA, etc.) is an advantage.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication, report-writing and presentation skills.
• Ability to work independently and handle multiple tasks in a start-up environment.
• Proficiency in accounting applications, audit software and advanced Microsoft Office Suite.

 Benefits:

• Opportunity to shape the strategic future of a revamped regional start-up airline.
• Exciting, collaborative, and innovative work environment.
• Competitive renumeration package.