Value Edge Management Service Limited - We are a leading business management consulting practice serving clients across Africa. We work in all major sectors of the economy and levels of government engaging highly trained and sector-experienced consultants.
We are recruiting to fill the position below:
Job Title: Head of Audit
Location: Lagos
Employment Type: Full-time
Job Summary
The Head Internal Audit will be charged with the development, implementation, coordination, monitoring and evaluation of the company’s audit, risk and compliance strategy towards the achievement of overall business objectives.
The role will ensure synergy of efforts across the Risk Management & Compliance and Internal Audit roles whilst maintaining the independence of the Internal Audit function.
Responsibilities
Plan execute and report on operational, financial, regulatory and compliance-related audits/reviews across the company’s business operations
Drive compliance with policies, procedures, regulations and statutory requirements that impact on the Company’s operations
Provide overall guidance, leadership support and strategic direction to the Internal Audit team towards alignment with the overall goals and objectives of the organization
Prepare periodic reports and perform other duties as required by the Group Head, Audit, Managing Director and/or Board of Directors Audit
Provide assurance to the management and board on the design and operating effectiveness of internal controls across the Company’s business operations
Develop a risk-based Internal Audit Plan annually, detailing areas of the business to be audited for review by the Group Head Audit
Review the audit universe and strategy as required by changes in the businesses and revised risk assessment
Review and update the Internal Audit Charter periodically
Drive the team to implement the audit plan and strategy towards the provision of independent assurance to management and the Board of Directors on the operating and design effectiveness of internal controls
Design, implement and continuously review internal audit procedures to cover functional areas/inter-company relationships and/or transactions
Drive IT Audit across applications, databases, operating systems, infrastructure, and networks including for example Windows; Linux; Oracle DB; MSSQ, etc.
Conduct reviews of audit reports and work papers ensuring professional standards are not compromised and that conclusions are adequately supported
Articulate strategy towards monitoring of action plans by auditees towards timely resolution of investigated items, audit/review points and other key exceptional issues/matters
Conduct spot checks and special investigations as required
Perform Information Systems audits and reviews
Provide quality assurance over information systems and applications across the group Risk Management
Interpret relevant standards and regulatory requirements in areas of operational risk, and recommend controls or policy requirements for all aspects of the business
Advice the organization, management and the Board on good governance and best practices
Interpret and analyze reports/data/information to identify possible risk exposure and mitigation measures Compliance
Develop and audit work program towards assessment of the regulatory compliance levels across the business
Identify gaps that relate to the compliance function and communicate to stakeholders of the organization
Assess the standardization of control processes and practices, as well as the application of relevant control tools and techniques within the organization
Investigate compliance breaches and propose remedial actions
Requirements
B.Sc and Master's degree in a related discipline is an added advantage
Possess a minimum of 12 years of progressive experience in Internal Audit, risk management and compliance roles
Experience in an Audit and Accounting firm
Experience in the financial services industry
Experience auditing systems, applications and Information Technology Controls
Possession of a minimum of two of the under-listed professional qualifications:
Certified Information Systems Auditor (CISA)
Certified Internal Auditor (CIA)
Certified Fraud Examiner (CFE)
Associate Chartered Accountant (ACA)
Association of Chartered Certified Accountants (ACCA)
Association of Enterprise Risk Management Professionals (AERMP) or other relevant professional risk management qualification
Knowledge of regulatory requirements for the manufacturing and/or financial services industry
Detailed understanding of COSO Internal Control framework
Knowledge of risk management practices and standards
Good knowledge of IFRS
Strong analytical skills; including data analysis using ACL or MS Excel
Proficiency in the use of MS Office (Excel, PowerPoint, Word)
Audit of Information Technology General Controls
Able to work independently with minimum supervision and/or direction
Calmness and clarity of thought under pressure
Strong written and verbal communication skills
Able to effectively interface with a broad range of people and roles
Ability to work as part of a team
Ability to cope with; and work under pressure
Ability to work on multiple assignments concurrently
Discreet and able to maintain confidentiality
Firm, tactful but persistent Good attention to detail
Benefits
Benefit is above industry standard and very competitive.
Application Closing Date
4th June, 2024.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.