Head, Internal Control and Audit at Kreateng

Kreateng is a software development, branding and Fin-tech company. We breathe life into other brands through technology.

We are recruiting to fill the position below:

Job Title: Head, Internal Control and Audit

Location: Lagos
Employment Type: Full-time

Role Summary

• The Head of Internal Audit and Controls plays a critical role in delivering the organization's objectives by objectively assessing the adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management and internal control.
• Ensuring compliance with relevant laws and policies. The candidate must review and update all the business processes, evaluate the efficiency of the risk management processes; protect the organization against fraud and theft of its assets and make recommendations on how to improve processes and procedures. Evaluate internal control and make recommendations on how to improve
• The ideal candidate for this role will have clearly demonstrated strong leadership skills, results orientation and be able to interpret the corporate vision into growth strategies and profitable operations.

Responsibilities

• Lead, oversee and manage all areas of the Internal Control/Audit department’s dailyoperations to ensure KPIs are achieved; and build comprehensive and SMART goals for performance and growth.
• Review of operations to ensure compliance with policies and procedures as set by the Board as well as regulatory requirements.
• Evaluate operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations and programs are being carried out as planned.
• Perform consulting and advisory services related to governance, risk management and control as appropriate for the organization.
• Investigate deviations and irregularities.
• Report periodically to the Managing Director and Board, on the internal control and audit activity’s purpose, authority, responsibility and performance relative to its plan
• Design and prepare Audit Plan by applying a risk-based approach to ensure the organization complies with internal regulations and policies and established protocols.
• Develop and maintain the internal control and audit procedures to ensure that best practice is taken account of and that the established controls audits address specific areas of risk management.
• Undertake the approved internal audit plan in line with agreed procedures.
• Assess the suitability of current internal controls, making suggestions for improvements where needed.
• Prepare reports of audit findings and make recommendations to the business.
• Liaise with internal advisors and examines documentation, including reports, statements, records, and memos to gather information.
• Completes standard paperwork and questionnaires to confirm internal controls.
• Analyses audit results for adequate and effective “corrective actions” for management to improve.
• Evaluate financial documents for accuracy and compliance with federal regulations.
• Coordinate with functional teams for necessary training to the staff for the purpose of improving control adherence.
• Establish and develop relations with senior management and external partners and stakeholders.
• Any other duties and responsibilities which may be required to meet the objectives of MMFB.

Qualifications, Skills & Competencies

• A Degree in any other related field
• Relevant professional qualifications, e.g. ACA, ACCA, CISA, CIA.
• Minimum of 2 years in the advertised position within a commercial or microfinance bank
• Critical understanding in the establishment and operation of internal control mechanisms.
• Excellent problem-solving skills; analytical and structured in his/her thinking.
• Knowledge of data analytics, reporting and financial planning.
• Communication skills – verbal, non-verbal and written.
• Self-starter and very organized, with strong attention to detail.
• Extremely versatile, dedicated to efficient productivity and able to work efficiently and effectively across multiple teams.
• Must be up to date on industry rules, policies and guidelines and ensure compliance.
• A thorough understanding of microfinance performance metrics/indicators and the ability to interpret and process operations data.

Application Closing Date
23rd December, 2022.