Job Opportunity: Corporate Audit Director _ OVID Holding position available at OVID HOLDING in Addis Ababa. Accounting and Finance jobs in Ethiopia are in high demand. Apply now through GeezJobs - Ethiopia's leading job portal.

Position Summary

The Audit Director is the chief guardian of financial integrity, internal controls, and enterprise-wide compliance across OVID Holding and all its subsidiaries. This senior executive is responsible for establishing and leading a world-class internal audit function that ensures transparency, accountability, operational efficiency, and risk mitigation throughout the Group.

The role oversees the audit strategy, annual audit plans, investigations, risk assessments, and governance standards. The Audit Director works independently, with full authority to review, verify, and challenge practices across finance, operations, procurement, HR, commercial activities, construction, trading, manufacturing, and real estate units. This leader ensures that OVID Holding is protected from financial, operational, legal, and reputational risks—while improving systems and supporting a culture of ethical leadership.

Core Purpose of the Role

To safeguard the organization by providing independent, objective assurance and advisory services that enhance risk management, strengthen internal controls, improve operational performance, and support ethical and compliant business practices across all subsidiaries of OVID Holding.

Key Roles and Responsibilities

Internal Audit Strategy & Leadership

• Develop and lead the Group Internal Audit strategy aligned with OVID Holding’s corporate governance framework.

• Establish audit methodologies, standards, and tools in line with international best practices (IIA, COSO).

• Prepare and execute the annual group-wide audit plan based on risk assessments and organizational priorities.

Governance, Internal Controls & Compliance

• Evaluate the effectiveness of internal controls across all business functions: finance, HR, operations, procurement, logistics, plant & equipment, inventory, and commercial.

• Oversee audit work related to policy adherence, regulatory compliance, tax compliance, financial accuracy, and operational efficiency.

• Ensure compliance with Ethiopian laws, IFRS standards, industry regulations, and internal company policies.

Financial & Operational Audits

• Lead audits related to financial reporting accuracy, fraud risk, expenditure control, cost management, procurement processes, inventory management, and cash flow.

• Conduct special audits on construction projects, trading operations, import/export activities, and subsidiary-level financial transactions.

• Identify weaknesses, irregularities, or red flags in business activities and ensure timely mitigation.

Risk Management & Advisory Support

• Perform enterprise-wide risk assessments and maintain a dynamic Group Risk Register.

• Advise senior leadership on emerging risks and preventive strategies.

• Work closely with legal and compliance teams to strengthen organizational resilience.

Fraud Investigation & Ethical Oversight

• Lead or oversee investigations of suspected fraud, unethical behavior, misconduct, and financial irregularities.

• Establish whistleblowing mechanisms and ensure issues are handled confidentially and professionally.

• Promote ethical culture and accountability across the Group.

Reporting & Stakeholder Engagement

• Prepare high-level audit reports with clear findings, risk implications, and actionable recommendations.

• Present audit results to senior leadership, the Board Audit Committee, and other key executives.

• Provide advisory insights to drive improvements in governance and operational performance.

Continuous Improvement & Capacity Building

• Introduce digital audit tools, analytics, and automation to improve audit accuracy and efficiency.

• Train and mentor audit staff to build a high-performing internal audit department.

• Drive continuous improvement initiatives across subsidiaries based on audit insights.

Key Performance Indicators (KPIs)

• Implementation rate of audit recommendations across subsidiaries

• Quality, clarity, and timeliness of audit reports

• Reduction of high-risk findings and compliance violations

• Fraud prevention effectiveness and investigation turnaround time

• Strength of internal control systems across the Group

• Audit plan execution rate vs plan

• Stakeholder satisfaction (Board, CEO, subsidiary leaders)

Skills & Competencies

• Strong leadership and executive presence

• High integrity, ethical judgment, and confidentiality

• Expertise in risk-based auditing and corporate governance

• Strong analytical and investigative skills

• Excellent communication and reporting abilities

• Ability to work independently and challenge senior leaders when necessary

• Exposure to digital audit tools, ERP environments, and audit analytics

Required Qualifications

• Bachelor’s degree in Accounting, Finance, Auditing, or a related field (required)
• Master’s degree in Finance, Business Administration, Accounting, or related discipline (preferred)
• Professional certifications strongly preferred: CIA, ACCA, CPA, CISA, CFE
• Advanced knowledge of IFRS, Ethiopian tax laws, internal control standards, risk management frameworks, and audit methodologies

Experience Requirements

• Minimum 10–15 years of progressive experience in auditing or financial control
• At least 5 years in a senior-level or director-level audit leadership role
• Experience in multi-entity, diversified, or holding-company environments (highly preferred)
• Solid exposure to sectors such as: construction, real estate, manufacturing, trading, import/export, logistics, or finance

How To Apply

We invite enthusiastic and qualified individuals to apply for our open positions. To be considered, please submit your Application Letter & CV as a single PDF file to hr@ovid-holding.com. Ensure you mention the position you are applying for in the subject line of your email.

We value every application and appreciate your interest in joining our team. Due to the high volume of applications we receive, only candidates who meet our criteria will be contacted for further steps.

We look forward to reviewing your application and thank you for considering a career with OVID Holding!