Internal Auditor at Benin Electricity Distribution Company (BEDC)

Benin Electricity Distribution Plc. (BEDC) is responsible for retail distribution of electricity in Delta, Edo, Ekiti, and Ondo States with geographical coverage of 55,770 square km. The Company operates from 8 regions with approximately 350 offices located across the four states with about 13 million people and about million households.

We are recruiting to fill the position below:

Job Title: Internal Auditor

Location: Benin, Edo
Employment Type: Full-time

General Responsibilities

• To assist the senior members of the audit team in fulfilling all engagement responsibilities, including ensuring the efficiency, effectiveness and timeliness of all audit reports and standard processes.
• To provide value-added and relevant analyses of an organization's internal control structure, transaction information and analysis, performance, productivity, and efficiency.
• To support the goals and objectives of BEDC Electricity Plc.

Activities

• Rendering necessary operational support on all audit engagements.
• Supporting in the preparation of the draft of the audit report.
• Ensures compliance with established audit standards and control procedures by examining records, reports, operating practices, and documentation.
• Reviewing records to ensure that they are accurate and complete according to company standards
• Verify assets and liabilities, compare items to documentation, and complete audit work papers that document audit engagements and findings
• Monitoring cash flow and identifying problems with cash flow to prevent problems from occurring in the future
• Performing audits of financial records to ensure that they are accurate and comply with regulations
• Communicate audit findings and prepare a final report; discuss findings with the audit engagement manager.
• Identifying any errors in accounting practices or procedures and recommending solutions
• Prepare audits and reports by collecting, analyzing, and summarizing accounting records to verify compliance with standards.
• Ensure compliance of the financial and accounting processes and procedures with global best practices and international accounting standards.
• Maintain professional and technical knowledge that will improve upskilling and the overall quality of the audit services by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional institutes.
• Ensure continuous personal and professional development.
• Contribute to team effort by accomplishing related results as needed.
• Any other duties as may be assigned to you by your manager.

Accountabilities

• Key targets and objectives are met within agreed timeframes
• Key deliverables are produced within agreed timeframes to required standards
• Confidentiality and integrity are exercised.
• Adequate quality controls and standards are implemented.
• Increasing competence and productivity.
• Creativity, Responsibility and Autonomy
• Context: The job requires collaboration with other departments and an understanding of processes. The job exists in an Electricity Distribution Company.

Qualifications / Experience / Skills
Qualifications:

• First Degree or its equivalent in Accounting
• Qualification of any professional accounting body (ICAN, ABWA, ACCA, etc)

Experience:

• 3 years’ accounting experience in an audit firm
• Ability to use basic accounting software
• Basic knowledge of electricity distribution business
• Basic knowledge of IAS, IFRS, ISA, and audit methodologies.
• Elementary knowledge of Generally Accepted Accounting Principles
• Simple knowledge of audit management platforms
• Basic knowledge of risk assessment and audit responses
• Advanced mathematical skills to perform complex calculations

Skills:

• Very good Communication Skills (Verbal and Written)
• Excellent numerical, analytical, and problem-solving skills.
• Reading Comprehension Skills
• Average Microsoft Word, Excel, and PowerPoint knowledge
• Ability to understand, analyze, and interpret relevant materials and reports.
• Ability to work under pressure

Application Closing Date
22nd February, 2023.