Internal Auditor at Mustang Consultant

Mustang Consultant started operations in 2015, Mustang Consultants partners organizations in solving their HR needs. Our area of specialization includes: Recruitment, Outsourcing and Training.

We are recruiting to fill the position below:

Job Title: Internal Auditor

Location: Victoria Island, Lagos
Employment Type: Full-time

Summary / Objective

• He/she is to ensure that all the business processes in the company are in compliance with all regulatory and management laid down policies / procedures.
• The operating process includes assessing all areas for compliance with relevant laws and evaluating how effective these departments has been at implementing its controls into practices.

Responsibilities

• Weekly review of payment and commission to clients
• Weekly confirmation of completeness and accuracy of transactions posted into IES
• Weekly audit routine checks of the accounts department and branches
• Monthly review of all posting into IES to ascertain correctness
• Conduct comprehensive audit of branches and head office departments at least twice a year
• Conduct comprehensive audit of IT department at least once a quarter
• Prompt report of all anomalies and deviations with recommendations to the head of department
• Reporting on audit findings and recommendations to the head of internal audit and compliance immediately after each review
• Review the administration's department’s process to confirm compliance with set standards
• Maintenance of flies/records for audit memos and other documents
• Monthly review of petty cash positions for the branches and head office accounts
• Conduct monthly review of bank reconciliation statements
• Regular review of assets record and maintenance schedule
• Review all admin department’s purchases to ensure economy and efficient utilization of approved money
• Tracking branch outstanding premium and reporting to the head of department for necessary actions
• Review and reporting all pending transactions to the head of department for necessary actions
• Check all underwriting files on weekly basis to confirm proper documentations
• Confirm AML/CFT policies by all within the company
• Weekly review of marketing activities
• Conduct weekly review of all the activities of claims unit and report deviations to management.

Requirements

• Candidates should possess a Bachelor’s Degree in relevant fields with a minimum of 4 years work experience.
• Experience in the Insurance Industry is an added advantage
• Membership of professional bodies is also an added advantage.

Application Closing Date
15th June, 2022.