Internal Audit Manager at Mopheth Group Limited

Mopheth Nigeria Limited is a reputable organization charged with the goal of meeting the diverse needs of its growing customers from all walks of life. We began as a community Pharmacy in the year 1997, and through the years we have maintained our standard of being a renowned name in the pharmaceutical industry in Nigeria, however, with respect to our vision consumables, cosmetics, and skin care products, safe water production, grocery essentials, and a variety of baked goods. In addition, our 24-hour availability onsite and online in all our branches has equally ensured our clients can rely on us for immediate service at any hour of the day.

We are recruiting to fill the position below:

Job Title: Internal Audit Manager

Location: Lagos
Employment Type: Full-time
Reports To: The Board

Role Overview

• Audits across all business units, including retail stores, wholesale business, food and beverages manufacturing, e-commerce, and health technology solutions
• This role ensures the effectiveness of internal controls, compliance with regulations, and the integrity of financial and operational processes.

Job Functions / Responsibilities

• Develop and implement a comprehensive audit plan covering all business units and operations.
• Conduct risk assessments to identify areas of potential vulnerability and risk.
• Design audit programs and procedures tailored to specific business processes and risks.
• Execute audits, including operational, financial, compliance, and IT audits, ensuring adherence to audit standards and protocols.
• Evaluate internal controls and processes across various business activities, including inventory management, sales transactions, cash handling, procurement, production, and logistics.
• Assess compliance with industry standards and regulations, especially within manufacturing and healthcare-related operations.
• Audit online sales transactions, payment processing, data security, and the effectiveness of e-commerce platforms.
• Review and analyze financial records to ensure accuracy and regulatory compliance.
• Evaluate quality control procedures, production efficiency, and inventory management within manufacturing operations.
• Assess logistics and supply chain management processes for efficiency and effectiveness.
• Conduct cost structure and waste management audits to identify areas for operational improvement.
• Evaluate data privacy and security measures, particularly in health technology solutions.
• Ensure compliance with healthcare regulations and standards, protecting sensitive health information.
• Review the functionality and user experience of technology platforms to ensure they meet business needs and compliance requirements.
• Prepare detailed audit reports with findings, risks, and recommendations.
• Present audit findings to senior management and relevant stakeholders.
• Collaborate with department heads and business unit leaders to address and resolve identified issues.
• Follow up on audit recommendations to ensure timely and effective implementation.
• Ensure compliance with internal policies, regulatory requirements, and industry standards.
• Stay updated with changes in laws, regulations, and best practices affecting the business.
• Promote a culture of continuous improvement and risk awareness across the organization.

Requirements / Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field; CIA, CPA, or equivalent professional certification preferred.
• Minimum of 7 years of progressive experience in internal auditing, with at least 3 years in a managerial role.
• Strong knowledge of auditing standards, internal controls, and risk management.
• Experience in auditing diverse business operations, including retail, manufacturing, e-commerce, and technology solutions.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with all levels of management.
• Proficiency in audit software and Microsoft Office Suite.

Competencies:

• Leadership: Ability to lead and manage a team of auditors, providing guidance and support.
• Analytical Thinking: Strong capability to analyze complex processes and identify risks and inefficiencies.
• Attention to Detail: Meticulous in reviewing and ensuring the accuracy of audit findings.
• Problem-Solving: Skilled in developing practical solutions to address identified issues.
• Communication: Effective in presenting audit findings and recommendations clearly and concisely.

Application Closing Date
15th July, 2024.