Audit Executive at Air Peace Limited

At Air Peace Limited, we continuously strive for excellence in all we do. Through our people we are able to attain higher heights because their unique strengths and experiences help us turn challenges into opportunities. We employ the best talent and provide a great opportunity and environment for them to display their best skills in a service driven environment.

We are recruiting to fill the position below:

Job Title: Audit Executive

Location: Lagos
Job Type: Full time

Role Description

• The Audit Executive is responsible for implementing audit directives approved by the APL's Audit Committee of the Board of Directors, oversees audit operations of the Organisation, and provides leadership and direction in communicating and monitoring audit policies, procedures, practices, programs, and processes Air Peace Limited.

Duties and Responsibilities

• Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation Verifies assets and liabilities by comparing items to documentation Completes audit workpapers by documenting audit tests and findings
• Evaluating and assessing the financials and accounting practices of an organization
• Responsible for offering recommendations to decision-makers on ways to improve accounting and reduce financial risk
• Perform detailed audits according to current accounting laws and regulations
• Prepare financial reports concerning operating procedures
• Examine and analyze accounting records to determine financial status of the establishment
• Maintain and uphold internal control systems
• ldentify fraud risks with Fraud Risk Assessment Process
• Any other task as may be assigned
• Decide the auditing procedures necessary for the current audit situation
• Give their opinion to the company on accuracy and completeness of financial records
• Make suggestions to management to improve financial statements by reducing excesses and eliminating fraud
• Look for and identify material misstatements and assess risks of such findings
• Examine documentation, inventory and all other tangible records of information to determine if such data corresponds with and reinforces financial records
• If material misstatements are found, interview company employees to determine possibility of fraudulent behaviour
• Take appropriate action if a fraudulent situation has been detected
• Make a notification to proper authorities that the audit has been completed and financial statements are accurately and properly prepared
• Analyze, prepare and present audit reports
• Planning and carrying out audit field work, statutory reporting and completion work for companies active in the Financial Services/lndustry sector
• Preparing an audit file in accordance with the International Standards on Auditing
• ("ISA") and APL's standards Preparing a report outlining the findings from your audit work Keeping managers and partners up to date with progress of the audit
• Visiting clients on-site and being a point of contact for the client throughout the year
• Keeping up to date with APL's product and service offerings and identifying business opportunities within your client base

Key Performance Indicators

• Cashflow forecasting & Management, general accounting, cost accounting
• Periodic financial audits
• Management information
• Cost control, credit control
• Helps the audit committee to assess the level of satisfaction from senior management
• Measures whether internal audit is responding to the needs of the audit committee
• Ability to dictate frauds and the total value of fraud measure different aspects of fraud risks within the Organisation
• Recommendations of acceptable measure of the success of internal audit work
• Accountability for performing and following up on the audit and for ensuring the delivery of work is to the highest quality
• Excellent planning and organization skills and you work effectively in situations involving rapid change and simultaneous demands
• Knowledge of wider business factors, enabling you to understand and identify key audit risks and accounting issues and develop audit strategies and procedures to tackles these issues

Competencies and Key Requirements

• B.Sc / HND Accountancy with minimum of 3 years
• Additional qualification in MBA and ICAN would be an added advantage
• Thorough knowledge of the Statement of Financial Accounting Standards
• Strong knowledge of Microsoft Suite and other accounting software.

Competencies and Key Requirements:

• Good Analytical skills
• Highly organized and attentive to detail
• Outstanding critical thinking skills
• Understanding of current auditing methods and procedures
• Highly intuitive and sensitive to behavioural cues (key in detecting fraud)
• Ability to determine and assess fraudulent behaviour
• Strong mathematical and data collection/analysis skills
• An excellent and thorough examiner
• A propensity for analyzing data and finding discrepancies and errors
• Strong oral and written communication skills
• Strong oral and written communication skills
• Efficient time management skills with the ability to balance multiple tasks at once
• Ethically sound
• lncredible attention to detail and high skill for analysing data with a scrutinizing eye
• Ability to work with extremely confidential & sensitive data
• Good interpersonal and communication skills
• Ability to conduct and evaluate research
• Excellent commands over excel
• Computer skills including the ability to operate spread sheets and word-processing programs at a highly proficient level
• Team building skills
• AbiIity to cope well under pressure.

Application Closing Date
31st January, 2024.