Operational Audit Manager

Wine making has been a part of the Ethiopian culture for more than a millennium, dating back to the Axumite era. Although this traditional method has survived all that time, the methods, quality, and variety stayed the same. In 1943 GC (1936 Ethiopian Calendar), a Greek family started the first winery in Ethiopia around followed by an Italian family who established their winery at Mekanisa. The two ventures where nationalized in 1973 and regrouped in one entity that was named Awash Wine. Since that time, we have grown to be one of the countrys most loved brands-a market leader that is interwoven with the cultural fabric of the county.

Job Summary

The Operational Audit Manager is responsible for running the Internal Audit Function and is a trusted partner for Shareholders and Executive Leadership team in achieving business objectives, driving, and implementing improvements in the organization's processes and strengthening the internal control environment. The INTERNAL AUDIT Manager is the custodian of Awash Wine Internal Controls and Continuous Process Improvement (CPI) Framework.

The core activities of the INTERNAL AUDIT Manager are: 1) Internal Audit and Investigation, 2) Controls Monitoring, 3) Process & Control Management and 4) Continuous Process Improvement (CPI). These activities are driving the continuous improvement, monitoring/testing (effectiveness of), design and implementation of processes and controls

1) Specific Internal Audit

To audit and investigate specific audits on key and strategic operations and financial area based on the request of Management (or Shareholders) or based on identified gaps through process and control review and monitoring process (as noted below).

Develop effective and efficient audit methodologies, reporting templates and annual audit plan.

Execute a minimum of three major audits (incl. at least 1 special review/investigation by the request of management)

Responsible for putting the appropriate actions in place (agreed with Management). Tracks and monitors the progress of remediating activities

Apply Internal Auditing standard in the execution of the audit activities.

1) Control Monitoring

To monitor and audit/test control effectiveness and drive the implementation of remediating actions.

Ensures that the effectiveness of controls is monitored and/or frequently reviewed/tested for correct execution, completeness, proper documentation and compliance with set standard and procedure.

All controls executed either manually or automated in the system shall be review/audited at least once a year (for all department).

A report and remediation actions shall be presented to Management and responsible for putting the appropriate actions in place (agreed with Management). Tracks and monitors the progress of remediating activities

2) Process Monitoring

To ensure business processes are appropriately designed, constructed, implemented, and maintained.

Drives jointly with Management the design and documentation of business processes and controls.

Develop a template and compile all expected controls with clarity on the controls, control objective and risks involved, who and how to be executed in the business process with the help of Management and Chief Finance Officer.

Ensures that controls executions are fully documented embedded in the processes, including process performance indicator (PPI, eg. Number and value of open inter site transfers, sales transaction invoiced without customer payment and empty return, ) and facilitate defining and agreeing on key performance indicators (KPI) together with management.

Ensures PPIs and KPIs are monitored on an ongoing basis to identify any risks or opportunities for improvements (processes & controls). Identifies and reports any process activities that deviate from standards set and agreed.

Responsible for putting the appropriate actions in place (agreed with Management). Tracks and monitors the progress of remediating activities

3) Continuous Process Improvement

To embed a process improvement culture, drive process and control improvement and realise benefits.

Drives a culture of continuous improvement, benchmarking, and innovation in cooperation with Improvement Engineering & Project Management Department Manager.

Builds process improvement capabilities through training and people development in cooperation with HR

Challenges existing processes to identify improvement opportunities using benchmarks and external best practices.

Quantifies financial benefits and costs associated with improvement ideas. Analyses impact of changes on processes and ways of working.

Implements process improvements and inform Management about the progress on a regular basis.

Evaluates the success of the improvement projects and the benefits realised

Education

University degree/masters in economics, Finance or Business Administration.

Finance, Accounting, Internal Audit background Professional certifications including:

- ACCA or CIA

Six Sigma Green/ Black Belt and similar

Experience

8 - 12 years of experience

Must have:

Working knowledge and understanding of Audit, investigation, process risk management, internal control, process management, fraud management & compliance.

Experience in the area of internal control, internal/ external audit or process management and improvement.

Experience in organising and leading cross-functional teams of individuals, assessing process and information flows, performing cost/benefit analyses, tracking results, developing recommendations, and implementing changes that benefit business performance.

Strong quantitative, statistical and computer skills, with emphasis on the ability to perform sophisticated analysis with spreadsheet and/or database applications