Restaurant Auditor

3 days ago

Lagos, Lagos, Nigeria Uncle Stan's Foods Full time

Job Summary:

  • As a Restaurant Audit with three years of experience, in ensuring the accuracy of financial records, compliance with company policies, and adherence to operational standards at individual branches or locations within the Quick Service Restaurant QSR chain.
  • The Candidate will be responsible for conducting independent audits of restaurant operations, assessing internal controls, and identifying areas for improvement to enhance efficiency, effectiveness, and risk management practices.

Key Responsibilities:

Audit Planning and Execution:

  • Develop audit plans for individual branches based on risk assessment, operational priorities, and audit objectives.
  • Conduct comprehensive audits of branch financial transactions, inventory management, sales operations, and compliance with company policies and procedures.
  • Perform detailed testing of internal controls to evaluate their effectiveness in safeguarding assets, preventing fraud, and ensuring accuracy of financial reporting.

Financial Analysis and Reporting:

  • Review financial statements, general ledgers, and accounting records to assess the completeness, accuracy, and integrity of financial data.
  • Analyze revenue and expense trends, variances, and key performance indicators to identify areas of concern or improvement.
  • Prepare audit reports summarizing findings, recommendations, and action plans for branch management and corporate stakeholders.

Inventory Control and Management:

  • Verify the accuracy of inventory counts and reconcile discrepancies between physical counts and recorded inventory levels.
  • Assess the adequacy of inventory management practices, including stock rotation, storage conditions, and shrinkage prevention measures.
  • Recommend enhancements to inventory control procedures to minimize losses, optimize inventory turnover, and improve supply chain efficiency.

Compliance Monitoring and Training:

  • Ensure compliance with company policies, procedures, and regulatory requirements related to financial reporting, tax compliance, and internal controls.
  • Provide guidance and training to branch staff on proper accounting procedures, inventory management techniques, and internal control best practices.
  • Monitor adherence to audit recommendations and follow up on corrective actions to address identified deficiencies and mitigate risks.

Operational Efficiency and Improvement:

  • Identify opportunities to streamline branch operations, reduce costs, and enhance productivity through process improvements and automation.
  • Collaborate with branch managers and department heads to implement operational best practices and performance metrics to drive continuous improvement.
  • Monitor key operational metrics, such as sales performance, labor productivity, and customer satisfaction, to assess branch performance and identify areas for enhancement.

Qualifications and Skills:

  • Bachelor's degree in accounting, finance, business administration, or a related field; professional certification preferred.
  • Proven experience in auditing, accounting, or financial analysis, preferably in the retail or restaurant industry.
  • Strong analytical skills with the ability to interpret financial data, identify trends, and evaluate internal controls.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with branch personnel and corporate stakeholders.
  • Attention to detail and accuracy in conducting audits, documenting findings, and preparing reports.
  • Proficiency in audit software, data analysis tools, and Microsoft Office applications e.g., Excel, Word, PowerPoint.
  • Ability to work independently, prioritize tasks, and manage time effectively to meet audit deadlines.
  • Commitment to integrity, objectivity, and professionalism in performing audit duties and upholding ethical standards.

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