Internal Auditor (Tractrac) at Ikore International Development Limited

Ikore is an international development organization proffering innovative solutions to drive sustainable social and enterprise development. Working in economically deprived places and vulnerable communities torn apart by instability across Nigeria and providing solutions that support inefficient markets and communities is implementing an agricultural mechanization service intervention aimed at enhancing access of smallholder farmers to affordable and sustainable mechanization services in Nigeria.

The project aims to create work opportunities for mechanization service providers, tractor operators, and others in the mechanization value chain. The project’s primary target is young men and women in peri-urban and rural communities, providing bundled mechanization services. Ultimately, the project focuses on capacity-building, affordable last-mile services, financial inclusion, technology integration, and policy enhancement.

We are recruiting to fill the position below:

Job Title: Internal Auditor (Tractrac)

Location: Abuja (FCT)
Employment Type: Contract

Primary Duties and Responsibilities

• The Internal Auditor (Tractrac) will be responsible for assessing the operations and processes of the project, ensuring their validity, legality, and goal achievement.
• He/she will recommend risk aversion measures and ensure that the project's implementation complies with relevant laws.

Responsibilities

• Conduct internal audits to assess the project's operations and processes.
• Evaluate the effectiveness of internal controls, risk management, and governance processes.
• Review and analyze project documents, financial records, and operational procedures to identify areas of risk and non-compliance.
• Ensure that the project's operations and processes adhere to applicable laws, regulations, and company policies.
• Identify and assess potential risks and vulnerabilities and make recommendations for risk aversion and mitigation.
• Develop and implement audit plans, procedures, and methodologies to ensure thorough assessments.
• Prepare audit reports documenting findings, recommendations, and action plans.
• Communicate audit results to management and guide on implementing recommended changes or improvements.
• Monitor and follow up on the implementation of audit recommendations to ensure compliance and effectiveness.
• Stay updated on relevant laws, regulations, and industry best practices to ensure audit processes remain current and aligned.
• Collaborate with project stakeholders and teams to provide guidance and support in implementing compliance measures.
• Conduct periodic reviews and spot-checks to ensure ongoing compliance and identify emerging risks.
• Participate in training and educational programs to enhance knowledge and skills in auditing and compliance.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field. (Master's degree or professional certifications such as ACA, or ACCA).
• 5+ years of experience in internal auditing, risk management, or related roles.
• Strong understanding of internal control concepts, risk assessment methodologies, and audit standards.
• Knowledge of applicable laws, regulations, and industry best practices related to the project's field.
• Proficiency in analyzing financial statements, operational processes, and data to identify risks and issues.
• Excellent attention to detail and ability to work independently or as part of a team.
• Strong analytical, problem-solving, and critical-thinking skills.
• Excellent written and verbal communication skills to effectively communicate audit findings and recommendations.
• Proficient in using auditing software and tools.

Application Closing Date
29th February, 2024.