Internal Audit Manager (SAP)

The Internal Audit Manager (SAP) oversees the development and execution of risk-based audit plans across various business units. This role involves ensuring compliance with internal controls and auditing financial and operational processes within an SAP environment.

SoficoPharm is a company seeking qualified professionals to support its operational and strategic needs. The organization currently has an open position for an Internal Audit Manager (SAP), indicating a focus on financial oversight and compliance within a structured IT environment. While the exact industry and business operations are not disclosed, the presence of SAP-related roles suggests potential involvement in sectors requiring robust enterprise resource planning systems, such as finance, healthcare, or manufacturing. The company is likely engaged in activities that demand internal control processes, risk management, and regulatory adherence. As a job seeker, candidates can expect to contribute to audit functions that align with organizational goals while working within a technology-driven framework. SoficoPharm's recruitment efforts reflect a commitment to maintaining operational integrity and efficiency through skilled personnel.

Responsibilities and Duties • Develop the annual risk-based internal audit plan covering all branches, warehouses, fleet, sales, finance and IT, obtain management approval, and lead its execution • Audit warehouse operations across all branches physical stock counts against system balances, expired and near-expiry items, damaged and returned goods, storage conditions, and stock movement documentation; investigate and report variances. • Audit the vehicle fleet: fuel consumption, maintenance and spare-parts spending, trip and route records, licences and insurance, and vehicle custody, to detect misuse and waste. • Audit sales operations for compliance with the sales and credit policies pricing, discounts, bonuses and free goods, credit limits, returns and credit notes. • Review selling practices and sales patterns (cash versus credit sales, period-end sales concentration, sales to unauthorized or out-of-territory customers, abnormal returns) and flag irregular behavior. • Audit customer accounts and receivables: confirm balances directly with customers, reconcile customer statements with the ledger, review ageing and unapplied collections, and verify that collections are deposited completely and on time. • Review rejected (bounced) cheques: track cases and root causes, verify follow-up and legal action, and assess the controls over accepting, holding and depositing customer cheques. • Audit financial processes: treasury and cash handling, bank reconciliations, payables, expenses, petty cash and custodies, and branch settlements, for accuracy and compliance with company policies. • Identify and assess operational, financial and compliance risks, maintain the company risk register, recommend controls, and follow up on risk mitigation actions. • Audit IT general controls SAP user access and authorities, segregation of duties, changes to master data ( credit limits, customer data), data integrity and backups. • Conduct planned and surprise audit visits to branches and warehouses. • Investigate suspected fraud, theft, shortages and policy violations, and report findings supported by evidence. • Issue audit reports with clear findings, risk ratings and recommendations agree corrective action plans with process owners and follow up until closure. • Evaluate the adequacy of internal controls, policies and procedures, and recommend improvements to senior management. • Manage, lead and develop the Internal Audit team, setting objectives, coaching, and following up on team performance. • Coordinate with the external auditors, and ensure proper documentation and confidentiality of all audit working papers and reports. Educational Qualifications: Bachelor's degree in Accounting, Commerce, Finance, or a related field; a professional certificate (CIA, CMA, CPA, or ESAA membership) is a plus. Experience: • Minimum 10-12 years of experience in internal audit, including at least 3 years in a managerial role. • Experience in pharmaceutical or FMCG distribution, with field audits of branches, warehouses and sales operations, is highly preferred. • Proven experience in fraud investigation and in auditing receivables, collections and cheques. • Proven experience managing or leading an audit team. Show more