Head of Audit at Emmanuel Bakeries Limited

Emmanuel Bakeries Limited is a home for all consumables: flours, industrial milk, seasoning cubes of various specifications, seasoning spices, Cadbury products, Promasidor products, and Nestlé products.

We are recruiting to fill the position below:

Job Title: Head of Audit

Location: Lokoja, Kogi
Employment Type: Full-time

Objective

• The Head of Audit will lead the internal audit department, ensuring the company adheres to legal standards, internal policies, and industry best practices, especially in preparation for becoming a publicly listed company.

Key Responsibilities

• Develop and implement a comprehensive internal audit program that addresses financial, operational, compliance, and strategic risks.
• Guide the company in maintaining and improving control systems, with a focus on the requirements for a publicly listed entity.
• Lead, direct, and manage the internal audit team to conduct regular and ad-hoc audits across all departments.
• Report findings and recommendations to the Board of Directors and senior management, ensuring timely corrective actions are taken.
• Coordinate with external auditors and regulatory bodies as needed, ensuring compliance with all financial and operational regulations.
• Oversee the development and implementation of training programs to enhance the audit team’s capabilities and knowledge.
• Stay abreast of industry trends, changes in auditing standards, and new regulations applicable to public companies.

Qualifications

• A Bachelor's Degree in Accounting, Finance, or a related field; a Master's degree is a plus.
• Professional certifications such as Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) are preferred.
• 6+ years relevant work experience.
• Proven experience in an audit leadership role, with a strong understanding of audit methodologies and risk management.
• Excellent knowledge of accounting standards, compliance regulations, and corporate governance, preferably with experience in a publicly listed company or a firm preparing for an IPO.
• Strong leadership, communication, and analytical skills.

Skills:

• Audit Experience: Strong background in auditing practices and procedures, preferably in the food industry.
• This includes understanding of auditing standards, risk assessment, and internal control frameworks.
• Financial Acumen: Ability to analyze financial statements, interpret financial data, and identify areas of potential risk or irregularity in financial reporting.
• Regulatory Compliance: Familiarity with food safety regulations, health and safety standards, and other relevant regulations governing the bakery industry.
• Attention to Detail: A meticulous approach to auditing processes and documentation, ensuring accuracy and completeness in all audit activities.
• Communication Skills: Effective communication skills are crucial for conveying audit findings, recommendations, and reports to senior management and stakeholders.
• This includes both written and verbal communication skills.
• Leadership Skills: As the Head of Audit, you may lead a team of auditors, so strong leadership skills are essential for managing and motivating team members, delegating tasks, and fostering a positive work environment.
• Problem-Solving Abilities: The ability to identify issues, analyze root causes, and develop practical solutions to address audit findings and improve internal controls.
• Ethical Conduct: Upholding high ethical standards and integrity is paramount in an auditing role, ensuring impartiality, objectivity, and adherence to professional codes of conduct.
• Technical Proficiency: Proficiency in using audit software, data analytics tools, and relevant technology to enhance audit efficiency and effectiveness.
• Risk Management: Understanding of risk management principles and methodologies to assess and mitigate risks across various aspects of bakery operations, including financial, operational, and compliance risks.
• Collaboration Skills: Working closely with other departments within the bakery company to implement audit recommendations, improve processes, and drive continuous improvement initiatives.

Application Closing Date
29th February, 2024.

How to Apply
Interested and qualified candidates should submit their CV and Cover Letter to: [email protected] using the Job Title as the subject of the email.

Note

• Emmanuel Bakeries is an equal-opportunity employer and encourages candidates from diverse backgrounds to apply.
• We appreciate all applications; however, only shortlisted candidates will be contacted.