Internal Audit Officer at the Lagos State Employment Trust Fund (LSETF)

The Lagos State Employment Trust Fund (“LSETF” or “the Fund”), was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment. LSETF serves as an instrument to inspire the creative and innovative energies of all Lagos residents and reduce unemployment across the State. The Fund has the mandate to directly invest N25Billion in helping Lagos residents grow and scale their Micro Small and Medium Enterprises (“MSMEs”) or acquire skills to get better jobs

We are recruiting to fill the position below:

Job Title: Internal Audit Officer

Location: Lagos

Job Purpose

• Implementation of the Fund’s audit plan. Ensure the Fund’s compliance with all relevant statutes and regulations.

Responsibilities

• Assist the Head, Internal Audit to prepare the internal audit plan
• Evaluate and Examine policies, procedures, and systems in place to ensure that assets are protected
• Evaluate the reliability and integrity of information and accounting records and ensure effective and efficient use of resources in the LSETF
• Review the compliance of all units within the LSETF with policies, procedures, and regulatory requirements
• Plan individual audit assignments and ensure they are completed in an effective manner and within specified timelines
• Devise internal audit programmes and comprehensive tests to cover identified auditable areas and ensure adequate controls are in place to mitigate identified skills while carrying out audit areas and ensure adequate controls are in place to mitigate identified risks while carrying out audit reviews
• Assist management and staff in identifying controls that mitigate risks to the LSETF
• Report results and make recommendations to management where control weaknesses are identified in policy, processes, and systems
• Ensure the maintenance of evidence and well-structured documentation of work which fully supports work carried out and conclusions reached.

Qualifications

• First Degree or Higher National Diploma certificate (minimum of lower credit) from a recognized higher institution.
• Professional Certification will be an added advantage.
• Minimum of 5 years’ cognate experience in related function.
• NYSC discharge certificate is mandatory.

Key Competences:
Knowledge, Skills and Abilities required for the role:

• Knowledge of auditing standards and procedures, laws, rules, and regulations
• High attention to detail and excellent analytical skills
• Organization and Planning
• Business Acumen
• Communication Skills.

Application Closing Date
19th April, 2024.