Company Profile

At Rock City Hotel, we pride ourselves on being a beacon of 5-star luxury. Our commitment to excellence is reflected in every facet of our operations. From the elegance of our accommodations to the seamless service provided by our dedicated team, Rock City Hotel is more than a destination; it's a lifestyle.

Job Description

Report to: Board

Key Responsibilities:

1. Conduct Internal Audits:
   • Plan and execute internal audit engagements in accordance with the annual audit plan and established audit procedures.
   • Evaluate the adequacy and effectiveness of internal controls, risk management processes, and compliance with policies and regulations.
   • Review financial records, operational procedures, and documentation to assess control gaps and identify areas of risk.
   • Perform testing of transactions, processes, and systems to validate compliance with established policies and procedures.
2. Identify Areas of Improvement:
   • Analyze audit findings and observations to identify root causes of deficiencies and areas for improvement.
   • Develop practical recommendations and action plans to address identified weaknesses and enhance control environments.
   • Collaborate with management and department heads to implement remediation measures and corrective actions.
3. Report Audit Findings:
   • Prepare clear, concise, and well-documented audit reports detailing findings, recommendations, and action plans.
   • Present audit findings and recommendations to senior management, audit committees, and relevant stakeholders.
   • Communicate effectively with management to ensure understanding of audit results and facilitate timely resolution of issues.
4. Monitor Compliance:
   • Monitor the implementation of audit recommendations and corrective actions to ensure timely and effective resolution of identified deficiencies.
   • Track and report on the status of remediation efforts and follow up on outstanding audit issues.
   • Evaluate the effectiveness of corrective actions and provide feedback to management on areas of continued improvement.
5. Stay Current with Regulations:
   • Stay informed about changes in regulatory requirements, industry standards, and best practices related to internal auditing.
   • Update audit procedures and methodologies as necessary to ensure compliance with evolving standards and regulations.
   • Provide guidance and training to staff on emerging issues and regulatory changes affecting internal audit activities.

Required Skills or Experience

Qualifications/Skills:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A Master's degree or professional certification is preferred.
• Minimum of 7 years of experience in internal auditing, external auditing, or risk management, preferably in the hospitality industry.
• Strong understanding of internal control frameworks, risk assessment methodologies, and auditing standards (e.g. IIA standards).
• Proficiency in conducting audit procedures, analyzing data, and documenting findings.
• Excellent communication skills, both verbal and written, with the ability to effectively communicate audit results to diverse audiences.
• Analytical mindset with attention to detail and the ability to think critically and solve problems.
• Proven ability to work independently and collaboratively in a team environment.
• Proficiency in audit software and Microsoft Office Suite (Word, Excel, PowerPoint).
• High ethical standards and integrity, with a commitment to upholding confidentiality and professionalism.