Head of Internal Audit

About the role

As the Head of Internal Audit at BetConstruct, you will be responsible for overseeing the organization's operations, focusing on risk assessment and the development of audit implementation plans. Your role will involve conducting financial and operational audits, evaluating the effectiveness of current systems, and ensuring compliance with laws and regulations.

You will prepare and present comprehensive internal audit reports, identifying root causes of deviations and providing practical recommendations for management. This position requires strong leadership, analytical thinking, and the ability to adapt in a dynamic environment, making it essential for candidates to possess a solid background in audit and finance.

Skills that matter here

• Accounting: This role requires a solid understanding of accounting principles to conduct audits effectively.
• Finance: A strong finance background is essential for evaluating financial records and reporting.
• Audit: Proficiency in audit practices is critical for overseeing operations and ensuring compliance.
• Risk Assessment: You will be responsible for identifying and assessing risks within the organization.
• MS Office: Proficiency in MS Office is necessary for preparing reports and documentation.
• Accounting Software: Experience with accounting software is important for conducting audits and financial evaluations.

Who this role suits

• Candidates with at least 7 years of experience in audit or finance, including managerial roles.
• Individuals who demonstrate strong analytical thinking and can evaluate data from various sources.
• Those who possess excellent leadership and communication skills, with a focus on teamwork.
• Professionals who are flexible and can adapt quickly in a dynamic work environment.

From the employer

• Oversee the organization’s ongoing operations, including risk assessment and development of audit implementation plans.
• Conduct financial and operational audits by reviewing accounting records, invoices, contracts, procedures, and other relevant information.
• Evaluate and analyze the effectiveness of current systems (financial, internal control, etc.), opportunities for fraud prevention, and compliance with laws and regulations.
• Coordinate and document information obtained during audit inspections.
• Conduct investigations and inquiries regarding potential financial leakages or suspected fraud.
• Prepare and present clear and comprehensive internal audit reports that identify root causes of major deviations, include practical solutions, and provide valuable recommendations for management.
• Timely and appropriately inform the management about significant risks related to internal control and their potential impact.
• Coordinate follow-up actions addressing previously identified issues to improve or eliminate deficiencies discovered during audits.
• Participate in staff development and knowledge-sharing processes.
• Execute and coordinate other functions related to the department’s activities.
• Perform other duties assigned by the immediate supervisor in accordance with the job description and labor legislation.

• Higher education in Accounting, Finance, or a related field.
• At least 7 years of work experience in the field of audit or finance, including in a managerial position.
• Strong knowledge of generally accepted auditing standards and risk assessment methodologies.
• Solid understanding of accounting and financial reporting principles.
• Experience in preparing audit documents and reports.
• Excellent knowledge of applicable tax and labor legislation.
• Strong analytical thinking and ability to accurately evaluate data from multiple sources.
• Proficiency in MS Office and accounting software (e.g., ArmSoft).
• Demonstrated leadership, teamwork, and communication skills.
• High level of organizational skills, responsibility, and effective time management.
• Flexibility and ability to adapt quickly in a dynamic environment.
• Fluent in Armenian; good knowledge of English and Russian (written and verbal).