Internal Audit & Control Manager Job at CredPal

CredPal is a financial technology company that provides credit cards for consumers to meet their immediate financial needs. We are leveraging technology and the retail industry to provide a modern consumer credit solution for Africa and beyond.

We are recruiting to fill the position below:

Job Position:  Internal Audit & Control Manager

Job Location: Nigeria
Employment Type: Full-time

Purpose Statement

• We are looking to hire an Internal Audit & Control Manager to review all internal processes, systems and policies and make recommendations to ensure the risk to the business is minimized with a view to delivering improvements. To enhance our operations by developing and implementing business control policies and operational guidelines that help to minimize exposure to potential risks and impact on business performance.

Key Deliverables

• Performing the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Determining internal audit scope and developing annual plans.
• Obtaining, analyzing and evaluating accounting documentation, reports, data, flowcharts etc.
• Conduct follow up audits to monitor management’s interventions.
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
• Collaborate with business and process owners to implement and monitor remedial actions that result from internal control audits, and drive the effective implementation of corrective actions.
• Deliver adequate and timely action plans and monitor progress to address and resolve identified control deficiencies.
• Develop, execute, and monitor adequate internal control over financial reporting (ICFR) in line with best accounting practices and identifying appropriate risk and mitigation strategies.
• Prepare and present reports that reflect the audit's results and document process.
• Act as an objective source of independent advice to ensure validity, legality and goal achievement.
• Identify loopholes and recommend risk aversion measures and cost savings.
• Document process and prepare audit findings memorandum.
• Monitor and ensure all system user accounts/privileges are approved with proper system access parameters in line with their respective level of information access for their job functions.
• Work with stakeholders to ensure that controls are fully embedded in the design of processes and systems.

Preferred Qualifications

• Bachelor's Degree in Finance or a related field.
• Minimum of Four (4) years of relevant experience working in the internal audit function of a similar organization.
• MBA or Master's Degree in any related discipline.
• Relevant professional certifications e.g Institute of Internal Auditors (IIA), Institute of Chartered Accountants of Nigeria (ICAN) or Association of Certified and Chartered Accountants (ACCA), Certified Information Systems Auditor (CISA).
• Knowledge of Data Protection legal requirements and other Financial Services related Laws .

Preferred Requirements:

• Proven working experience as Internal Auditor or Senior Auditor.
• Proven knowledge of auditing standards and procedures, laws, rules and regulations
• High attention to detail and excellent analytical skills
• Advanced computer skills on MS Office, accounting software and databases
• Ability to manipulate large amounts of data and to compile detailed reports
• Sound independent judgment.