Audit Execution: Financial and Tax Compliance: Conduct audits to ensure compliance with tax laws and financial regulations (e.g., VAT, withholding tax, income tax). Review financial documentation (invoices, receipts, expense reports) for accuracy and compliance with standards. Ensure tax returns and financial reports are prepared, submitted, and supported with accurate documentation. Collaborate with the finance team to identify potential tax liabilities and recommend corrective actions. Internal Controls and Documentation: Evaluate internal controls over financial transactions and ensure proper documentation for all processes. Perform checks on financial records for compliance with policies and regulations. Examine financial documents (contracts, purchase orders, invoices, expense claims) for alignment with internal and external regulations. Coordination and Implementation: Work with department managers and staff to ensure full compliance with tax laws and financial regulations. Provide training on maintaining proper financial records and adherence to standards. Coordinate with teams to implement corrective actions post-audits, focusing on documentation and compliance. Ensure employees understand their roles in compliance and support accurate transaction documentation. Quality Assurance and Documentation: Implement regular reviews to maintain the quality of compliance documentation, ensuring records are organized and up-to-date. Conduct checks to verify financial documents meet compliance requirements, correcting deficiencies promptly. Maintain a filing system for audit-related documents for easy retrieval during audits. Audit Reporting: Prepare comprehensive reports detailing findings on tax compliance, financial documentation, and internal controls. Highlight non-compliance areas and make actionable recommendations for improvement. Process Improvement: Collaborate with managers to implement recommendations from audit findings. Monitor the progress of corrective actions to ensure effective follow-through. Recommend improvements to enhance operational efficiency, compliance, and risk management. Regulatory Compliance: Stay informed on regulatory changes and best practices to ensure ongoing compliance. Assist in developing and maintaining internal audit policies and guidelines to adapt to changes. Risk Management: Identify potential risks and assess the adequacy of the risk management framework. Provide insights on improving risk mitigation strategies to safeguard the organization’s assets and reputation.