Internal Audit Officer at the Lagos State Employment Trust Fund (LSETF)

The Lagos State Employment Trust Fund (LSETF) was established to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment. LSETF serves as an instrument to inspire the creative and innovative energies of all Lagos residents and reduce unemployment across the State. The Fund has the mandate to help Lagos residents grow and scale their Micro Small and Medium Enterprises (“MSMEs”) or acquire skills to get better jobs through its three programmes; the Employability Support Programme, the Lagos Innovates Programme and the Loan Programme.

We are recruiting to fill the position below:

Job Title: Internal Audit Officer

Location: Lagos
Industry: Social Impact (Government Owned)
Job Type: Full Time
Reports To: Head, Internal Audit

Job Purpose

• To provide support in carrying out special audit of all individual projects or partnerships entered by the Fund as stand-alone audit exercises.

Duties and Responsibilities

• Carry our departmental audit in line with established/approved policies, procedures and applicable laws.
• Evaluate and examine all project documents (MOU, SLA etc.) in place to ensure the compliance of all related parties
• Review the compliance of all projects within the LSETF with policies, procedures, and regulatory requirements.
• Evaluate the reliability and integrity of information and financial records (including budget) and ensure effective and efficient use of project resources in the LSETF
• Analyze root causes of control inefficiencies and prepares report recommending corrective actions.
• Maintenance of evidence and well-structured documentation of work which fully supports work carried out and conclusions reached
• Identifies and recommends process improvements that significantly improves future project execution.
• Follow up with all Units to ensure closure of all audit exceptions raised within agreed timeline and maintains the Internal audit exception tracker
• Carry out other responsibilities as assigned by the Head; Internal audit based on exigencies of work requirement.

Qualifications & Experience

• First Degree or Higher National Diploma certificate (minimum of lower credit) in Accounting, Banking & Finance or any other related field from a recognized higher institution
• Minimum of 2 years’ cognate experience in related function

Knowledge, Skills and Abilities required for the role:

• Interpersonal skills
• Attention to detail
• Business Acumen
• Communication Skills
• Business Writing; Presentation and Report Writing
• Analytical and Problem-Solving Skills
• Proficiency in the use of MS Office suit
• Display awareness of the need for confidentiality in sensitive matters.

Application Closing Date
23rd December, 2022.