Internal Auditor at Port Harcourt Electricity Distribution Company (PHED)

Port Harcourt Electricity Distribution Company (PHED), a leading multi-million dollar Company in the Electrical Power and Construction Sectors and has a highly skilled and motivated workforce of over 300 employees, who are committed to the client's quest to be the No. 1 and preferred African owned electricity solutions provider in Africa.

The company is positioned for timely and efficient delivery of turnkey electricity projects to its esteemed customers. This is a rare opportunity to work for a sector leader and lead a "best-in-class" team of engineers, be an integral part of the company, and make a difference with the businesses and communities it serves.

We are committed to growing profitably and sustainably while providing its customers with an efficient and reliable supply of power. To achieve this, we need passionate, motivated and smart professionals, who share our values and our vision; to fill the position below:

Job Title: Internal Auditor

Job ID: 124
Location: Port Harcourt, Nigeria
Department/Division: Internal Audit
Reports to: Head Internal Audit

Position Summary

• We need an Internal Auditor who can supervise the checking of expenditure and revenue records.
• The Internal Auditor is directly responsible for examining the accuracy and completeness of records, safeguarding the company's assets, and ensuring areas of operations are in full compliance with professional accounting standards.
• This role leads to the mitigation of risks.

Position Responsibilities

• Examine the accuracy and completeness of records and procedures for internal control to safeguard the company’s assets and ensure areas of operations are in compliance with Standards for the Professional Practice of Internal Auditing issued by the Institute of Internal Auditors (IIA) and other local professional accounting bodies like ICAN.
• Report audit findings and recommendations to mitigate risk directly to the company’s Audit Committee.
• Checks or supervises the checking of expenditure and revenue records to determine arithmetical accuracy, compliance with regulations, application of approved rates of payment and accuracy of classification.
• Receives, examines and reviews reports submitted by subordinates.
• Deploys audit queries among junior audit staff members and monitors follow up action on such matters
• Strive to live the company values, and add value beyond the JD of any position the person is hired for.
• Support the provision of adequate compliance monitoring and risk assessment of company operations

Performance Profile
The most important performance objective for this position is:

• 30 Day Milestone
  • Understand the Company Values and her/his role & BSC
  • Show she/he has talent to take initiatives and find solutions
  • Review current operations and support the provision of a plan to deliver a compliance ready organization within 6months
• 90 Day Milestone
  • 50% completion of plan
• 180 Day Milestone
  • 100% completion of plan

Qualifications (Experience, Knowledge & Skills)
Qualification:

• An advanced University Degree (or equivalent) in Business Administration, Accounting (or related field) with relevant professional certifications.

Experience:

• 3 - 5 years of internal audit experience, ideally with exposure to Technical and Marketing services and Energy sectors

Competence:

• Detailed knowledge of financial statements and related Audit risks- based methodologies and practices, including IT Audit principles;
• Superior Accounting, Auditing and /or IT technical skills

The following will also be highly regarded:

• Academic honors, awards, scholarships & prizes
• Strong commitment to a career in the power sector
• Excellent communication skills
• Strong team skills with demonstrated leadership skills

Remuneration
This position provides a comprehensive compensation package including a competitive base salary commensurate with skills and experience.

Application Closing Date
21st June, 2015.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Selection Process
There are three key stages to the process:

• Stage One: Application and Pre-screening
• Stage Two: Competency-based Interview
• Stage Three: Technical Assessment Center