The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Financial Intermediary and Equipment Leasing Company, Concept Nova - Bespoke Enterprise IT Solutions Company,Percy Aitkins - Bureau De Change.
We are recruiting to fill the position below:
Job Title: Head, Internal Audit and Compliance
Employment Type: Full-time
The Head, Internal Audit and Compliance has overall responsibility for the Internal Audit and compliance function within the group.
The position is grossly responsible for Risk management and control in the group, ensuring efficiency/effectiveness of operations (including the safeguarding of all assets), quality checks and reliability on risk asset transactions, conducting special investigations and control costs as well as overseeing and managing compliance within the organization to ensure that the company and its employees are complying with regulatory requirements and internal policies and procedures.
He/she is also responsible for providing reasonable assurance to Executive Management and the Board of Directors on the effectiveness and efficiency of governance, risk management, compliance and internal controls, for increase in productivity, confidence in stakeholders, fraud detection, quality control and good corporate governance.
Duties & Responsibilities
Provide assurance to Executive Management and Board of Directors on the effectiveness or otherwise of the company’s risk management, internal control processes, procedures and policies and systems.
Ensure that a yearly audit plan covering all company’s risk areas is in place, approved by the Board and followed up for full execution.
Supervises the execution of detailed audit procedures, including review of transactions, documents, records, reports, policies and procedures for accuracy and effectiveness.
Coordinate investigations into suspected fraudulent practices across the organization and recommend the appropriate line of action.
Responsible for planning, executing, and reporting on operational, financial, regulatory, and compliance-related audits/reviews as well as ensure strict adherence to policies and procedures.
Define the strategic direction for the Internal Audit function which aligns with the overall strategic goals of the company.
Ensure required regulatory/statutory returns are rendered to the relevant agencies in a timely, regular, complete, and qualitative manner.
Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
Coordinate periodic reviews of the company’s functional activities (Departments and Branches) and submission of reports on same to Audit Committee of the Board.
Requirements & Skills
M.Sc in Accounting, Finance, or any other related field, with relevant certificates and professional membership.
Minimum of 8 years cognizant experience with other relevant professional certifications.
Demonstrated skills, knowledge and experience in auditing; internal audit standards, ethics and fraud awareness.