Head, Internal Audit

Solution Finders Limited is a Learning & Development , Recruitment and Debt Advisory company with focus on the Nigerian market. If you have challenges in these areas ... we have the solution.

We are recruiting to fill the position below:

Job Position: Head, Internal Audit

Job Location: Lagos
Directly Reports To: MD

Job Description

• Establish and monitor company wide internal controls to ensure the protection of the company’s assets.

 Responsibilities
Regular/Routine:

• Direct and control the current to medium and short- term strategies of the unit to achieve the Company’s objectives
• Ensure that the unit has adequate resources to enable it meet stated objectives
• Establish internal audit framework within which adequacy/quality/adherence to company-wide internal control procedures can be assessed
• Arrange and oversee assessment of risks and controls relating to day to day operational activities
• Ensure periodic checks on processes, inventories and company assets and accounts
• Ensure effective coverage of branches and head office functions and timely control programmes to forestall internal control lapses
• Ensure regular inspection of company locations in accordance with company and regulatory policies
• Flag any identified or potential violations to operational policies/procedures and make recommendations on appropriate preventive/remedial action
• Ensure that work guide and references pertaining to functions of the unit comply with requirements of relevant statutory authorities
• Ensure that the company has adequate, cost effective, and well documented internal controls
• Consult with Directorate/Divisional/Unit Heads on standards of control, and review proposed procedure for adequate internal control prior to implementation
• Develop subordinates and monitor their performance in order to enhance their abilities and audit management skills

Periodic:

• Initiate spot checks and reviews when necessary
• Evaluate operational performance and facilities of the unit to ensure that they meet best standards of professionalism and quality
• Submit periodic report on the unit’s operations to the MD and initiate or recommend remedial actions to correct deviations from plan
• Ensure timely rendition of returns to statutory authorities
• Provide internal audit budgets and other inputs into the company’s strategic planning process
• Review existing controls for effectiveness and adequacy
• Ensure that subordinates’ attend suitable training courses for their career development
• Present audit reports to Board Audit Committee
• Liaise with the company’s external auditors during routine and special audits
• Liaise with regulators on special or routine examination
• Conduct formal appraisal of subordinates’ performance

Special and Other Duties:

• Participate in policies, procedures and programmes formulation
• Any other duty as assigned by MD

Skills & Experience

• Must have a B.Sc Second Class Lower or above
• Must be a chartered Accountant
• A post graduate/ Masters Degree is desirable
• Must have a minimum of 6 years big four experience and at least another 4 years industry experience