Internal Audit Manager at ElsaDave Consulting Limited

ElsaDave Consulting Limited is a professional HR services firm established to assure an effective linkage between human capability and business strategy; revenue growth and optimum marketplace success to clients across diverse verticals.

We are recruiting to fill the position below:

Job Title: Internal Audit Manager

Location: Lagos

Job Description

• Our client is looking to hire an Internal Audit Manager who will be responsible for managing an independent, objective assurance and consulting activity designed to add value and improve the company’s operations by providing risk-based internal audit assurance and advisory services to support and improve the system of risk management, internal control and governance.
• The ideal candidate will be responsible for developing and managing the internal audit function, assessing and reporting on the state and effectiveness of the company’s internal controls, and managing financial, operational, and compliance audits and special investigations.

Responsibilities
Strategic Planning & Execution:

• Leveraging the company’s organization-wide strategic, operational, financial and compliance targets and related risk profiles to effectively set the strategic direction and priorities of the Internal Audit function.
• Provide specialized expertise to business operations and functional teams, to ensure business risks are managed appropriately and kept up to date with evolving business needs.
• Identify and make recommendations to the Leadership Team on designing improvement opportunities to controls and operational processes to achieve the company’s compliance objectives.

Governance, Risk & Control Frameworks:

• Evaluate Management’s risk-taking posture and awareness of the risks associated with their area.
• Apply knowledge of internal audit methodology, and drive adherence to guidance to ensure quality.
• Challenge processes and procedures to reflect governance best practice.
• Perform risk assessments to conduct the appropriate type of engagement (assurance vs advisory) based on the risk assessment and business need
• Communicate the results of audit work to specified standards, and use frequent communication and to ensure timely validation and remediation by Management.

People Leadership

• Maintain a professional audit staff with proficient knowledge, skills, experience and professional certification to meet the requirement of the audit function.
• Build, attract and retain team members through strong best in class talent acquisition, performance management through reviews and feedbacks, talent development, engagement.
• Manage functional communications and cross departmental audit projects when appropriate.
• Manage the team’s completion of the audit plan, ensuring that audits/projects progress as planned with respect to scope, budget and timetable.

Qualifications

• Degree in Accounting, Business Administration, Finance, and/or Economics is required
• 5+ years’ of progressive audit management experience (ideally in the financial services sector).
• Professional Certification in internal or external audit
• A hands-on, operationally oriented and value-added approach to audit operations.
• Capable of developing excellent business relationships in all areas of the organization.
• Expert in applying internal audit standards, procedures and techniques in accordance with the International Standards for the Professional Practice of Internal Auditing.
• Knowledge of and familiarity with Information Technology general controls and IT security leading practices.
• Knowledge of and familiarity with governance of information management systems.
• Advanced knowledge of relevant legislation, regulatory requirements and best practices.
• Keeps apprised of new or amendments to legislation and regulatory requirements.
• Excellent interpersonal skills to interact across all functions within the organization, to lead and affect process change and improvements.
• Ability to form relationships based on trust with all internal colleagues and external stakeholders (e.g. Regulators).
• High degree of integrity to handle confidential assignments.

Application Closing Date
25th January, 2024.