Head, Audit & Risk at Ibadan Electricity Distribution Company (IBEDC) Plc

Ibadan Electricity Distribution Company (IBEDC) Plc - Headquartered in Ibadan is responsible for electricity distribution within the south-western zone (Oyo, Ogun, Osun and Kwara as well as some parts of Kogi, Ekiti and Niger states).

We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.

We are recruiting to fill the position below:

Job Title: Head, Audit & Risk

Location: Ibadan, Oyo

Job Description

• To plan, execute and report to the Board on operational, financial, regulatory and compliance related audits/reviews. Provide advice on internal control, including questions on risk management techniques.
• Ensure compliance to business policies and procedures and define corrective plans to manage fraud and error incidents   

Responsibilities

• Defines the overall Internal Audit & Control Framework including governance approach, procedures, processes and tools
• Defines the Code of Ethics for the organization to ensure all business operations are conducted with integrity
• Coordinates the development of internal audit and control policies and procedures
• Conducts risk assessments and identifies/puts controls in place to mitigate identified risks
• Coordinates the development of a comprehensive audit plan used to outline the nature/scope of internal audit & control activities and ensures effective execution
• Oversees the execution of special audit projects such as investigations, charter reviews, etc.
• Identifies and recommends business process changes resulting in strengthened internal controls and operational efficiencies
• Follows-up to ensure that past recommendations and remediation work have been implemented properly to correct identified deficiencies/close gaps.
• Participates in the execution of new company initiatives and provides guidance on internal controls and efficiencies.
• Develops the Function’s budget and monitor expenses against the budget to ensure optimum utilization of financial resources.
• Prepares timely annual audit reports for executive management, the Audit Committee and the Board of Directors.
• Contributes, as appropriate, in the year-end financial audit with the external auditor.

Requirements

• Specialization: BSc in Accounting or Finance is required
• Minimum Qualification: Bachelor Degree   
• Required Experience: 15+   

Behaviour Requirements:

• Strong analytical and evaluation ability
• Ability to analyse and document business processes
• Strong attention to details
• Business Acumen

Skills Requirements:

• Investigation and reporting skills
• Enterprise risk management skills
• Excellent communication skills
• Report writing skills
• Analytical skills

Application Closing Date
28th February, 2020.