Job Purpose:- The Senior ERP Systems and financial Data Auditor is responsible for conducting independent audits of ERP systems, financial data processes and related internal controls to ensure the accuracy, integrity, security, and reliability of financial information across the organization.
Main Duties and Responsibilities:
Key Responsibilities:
- Conduct audits of ERP system and financial data processes to assess control effectiveness, data integrity, and compliance with policies and procedures.
- Review ERP application controls, including user access management, segregation of duties, system configuration, change management and data processing controls.
- Evaluate the accuracy, completeness, and reliability of financial data generated from ERP systems
- Assess controls over financial master data, data governance, data quality, and reporting processes.
- Perform audit testing, data analysis, and system reviews to identify risks, control weaknesses, and improvement opportunities
- Review integration controls between ERP systems and other business applications.
- Identify root causes of system and data-related issues and recommend corrective actions.
- Prepare clear audit working papers, findings reports and recommendations.
- Support follow-up activities to monitor implementation of audit recommendations.
- Provide guidance and coaching to junior auditors on ERP and financial data audit assignments.
- Identify incompatible roles and unauthorized access to financial transactions.
- Identify duplicate suppliers, duplicate invoices, unauthorized purchases, and duplicate payments.
- Reconcile ERP stock balances with physical counts, sales records, and approved adjustments.
- Trace transactions from source documents through the ERP general ledger to financial statements.
- Test changes to suppliers, customers, bank accounts, item codes, prices, and chart-of-account mappings.
- Analyze manual postings, unusual amounts, backdated entries, and entries posted by unauthorized users.
- Develop repeatable tests for exceptions, anomalies, and potential fraud.
- Verify whether management has corrected the underlying system or control weaknesses.
- Stay updated on ERP technologies, data management practices and IT audit standards.