Qualifications
Bachelor's degree in Accountancy, Finance, or related field
25 years experience in internal audit, accounting, or controls
Strong understanding of payroll, cash flow, and audit procedures
High integrity, discretion, and independence
Confident communicator; able to challenge management
Key Responsibilities
CPA is preferred but not required
Audit cash-on-hand vs actual balances
Review bank transactions, deposits, and withdrawals
Validate disbursements against approvals and supporting documents
Identify missing liquidations, unsupported expenses, or anomalies
- Payroll & Compensation Audit
Review payroll computations (days worked, OT, incentives, allowances)
Validate attendance vs payroll entries
Detect overpayments, duplicate payments, or ghost employees
Audit advances, deductions, and payroll adjustments
Audit vehicle dispatch, returns, and usage records
Review fuel, RFID, toll, and parking charges
Validate driver assignments and trip documentation
Identify unbilled or underbilled usage
Audit coaching sessions vs payroll credits
Validate packages, VIP sessions, and monthly memberships
Review fight shop inventory and cash sales
Audit gym operating expenses and controls
- Compliance & Internal Controls
Ensure adherence to company policies and SOPs
Review reimbursement compliance and timelines
Assess segregation of duties and control gaps
Flag repeat violations and weak control areas
Identify high-risk transactions and patterns
Escalate suspected fraud or abuse immediately to the CEO
Recommend corrective actions and control improvements
Monthly Internal Audit Report (per company)
Red-Flag / Exception Reports as needed
Payroll Exception Report
Audit Findings Tracker with resolution status
Reports must be clear, concise, and executive-level.
AUTHORITY & INDEPENDENCE
Full access to financial records, payroll, and operational documents
Authority to request explanations from any staff or manager
Independence from Operations, Finance, and HR
Any obstructio or interference must be reported to the CEO
ROLE LIMITATIONS (IMPORTANT)
The Internal Auditor Must NOT
Process payments
Prepare payroll
Approve expenses
Handle cash
Perform operational duties
