Internal Auditor - Stock

SUMMARY:
This is a high-impact internal audit role for a detail-driven professional who thrives on accuracy, accountability, and risk mitigation. As the Stock Auditor, you will play a critical role in safeguarding inventory integrity across multiple business units by executing risk-based internal stock audits aligned to the annual audit plan.

POSITION INFO:
You’ll be at the forefront of identifying discrepancies, inefficiencies, and potential losses — ensuring that inventory is accurately recorded, well controlled, and fully compliant with internal policies and regulatory standards. If you enjoy combining hands-on auditing, data analytics, and business partnering, this role offers both challenge and visibility.

Key Responsibilities:

• Inventory Auditing:
  • Execute planned and ad hoc physical stock audits across warehouses, plants, and storage facilities.
  • Perform floor-to-system and system-to-floor stock count reconciliations.
  • Investigate discrepancies and ensure the timely resolution of variances.
  • Assess inventory accuracy, provisions, obsolescence, and stock movements.
• Stock Tracking & Reporting:
  • Maintain comprehensive and accurate audit records.
  • Prepare detailed audit reports highlighting findings, risks, and practical recommendations.
  • Identify and report risks, including overstocking, stockouts, shrinkage, and obsolete inventory.
• Policy Compliance & Governance:
  • Ensure adherence to company policies, procedures, and regulatory requirements related to stock management.
  • Confirm that stock handling and storage comply with health and safety standards.
  • Ensure that inventory provisions are appropriately calculated and processed.
• Risk Assessment & Audit Planning:
  • Assist with business risk assessments and internal audit planning strategies.
  • Use the available data to identify, analyse, and monitor current and emerging risks.
  • Develop internal audit programmes with a strong data analytics–led approach.
  • Apply digital audit techniques and contribute to continuous auditing initiatives.
• Process Improvement & Value Add:
  • Identify control weaknesses and inefficiencies within stock management processes.
  • Recommend and support the implementation of corrective action plans.
  • Follow up on audit findings to ensure effective resolution.
  • Deliver value-added audit services aligned to business needs.
• Stakeholder Engagement:
  • Build and maintain strong relationships with key stakeholders at all levels.
  • Collaborate closely with Finance, Inventory Management, and External Audit teams.
  • Provide support during year-end, half-year, and ad hoc stocktakes.
• Ad Hoc & Continuous Development:
  • Participate in special projects and research assignments.
  • Maintain up-to-date technical knowledge, standards, and best practices.

• BCom Degree in Internal Audit or Finance.
• CIA advantageous.
• 5–8 years’ experience in internal audit.
• Proven experience in stock auditing, inventory control, or related roles.
• Strong understanding of stock control processes and loss prevention techniques.
• Proficient in SAP, Syspro, and MS Office (advanced Excel skills beneficial).