Head of Internal Audit Job at Promasidor

Promasidor - We are an African company proud of our heritage and totally committed to the continent. We manufacture, market and sell unique brands which bring practicality and pleasure to millions of consumers across Africa.

We are recruiting to fill the position below:

Job Position: Head of Internal Audit

Job Location: Lagos

Job Objective

• The Head, Internal Audit is responsible for leading the internal audit function of Promasidor Nigeria. This includes planning, executing, and reporting on operational, financial, and regulatory compliance- related audits, as well as conducting forensic investigations when necessary.

Responsibilities

• Develop and implement a risk-based internal audit plan for Promasidor Nigeria in consultation with the Executive Management and the Board of Director.
• Oversee the execution of the internal audit plan, ensuring that all audits are conducted in accordance with professional standards and applicable laws and regulations.
• Lead the Internal Audit team and manage their performance to ensure that they deliver high- quality work in a timely manner.
• Conduct forensic investigations when necessary and report findings and recommendations to senior management, and functional leaders.
• Monitor the implementation of audit and investigation recommendations and follow up on any outstanding issues.
• Manage the budget and resources of the internal audit function.
• Develop and implement policies and procedures to ensure the effectiveness of the internal audit function.
• Prepare quarterly reports on the activities of the internal audit function for the Board of Directors and senior management.
• Implement a continuous auditing framework using modern Data Visualization.
• Collaborate with senior management and functional leaders to identify and assess business risks and ensure that appropriate mitigating controls are in place.
• Keep abreast of regulatory changes and industry best practices and ensure that the internal audit function is aligned with them.
• Ensure compliance with internal policies and external regulations.
• Build and maintain strong relationships with external auditors and other stakeholders.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• At least 10 years of experience in internal audit, with at least 3 years in a leadership role.
• Professional qualification such as ACA, ACCA, CIA, CISA, CFE or equivalent.
• Experience with a large FMCG company, or Big 4 assurance experience is preferred.

Knowledege and Skills:

• Excellent knowledge of internal audit methodologies, risk management practices, and regulatory compliance requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills.

Personal Attributes:

• Integrity.
• Strong interpersonal skills and the ability to build and maintain relationships with stakeholders.