Internal and Audit Lead at Smart Partners Consulting Limited

Smart Partners Consulting Limited is an indigenous consulting firm poised on the business model of collaboration to provide professional services of Human Resources and Business Strategy to different companies in various sectors of Nigeria’s economy.

We are recruiting to fill the position below:

Job Title: Internal and Audit Lead

Location:Ado-Ekiti, Ekiti
Employment Type: Full-time

Job Summary

• The Head Internal Control & Compliance is responsible for designing, implementing, and maintaining an effective internal control framework to ensure the accuracy, completeness, and integrity of financial and operational processes.
• This role will identify and mitigate risks, streamline processes, and ensure compliance with laws, regulations, and company policies.
• This role is in charge of Cash and Bank Management reviews. Daily checking if financials including list of debts, Receivables and payables, processing bills/invoice payment review and Daily review of Auditees activities including fleet management, petroleum products cement and Iron rod.

Responsibilities

• The activities were examined in line with audit plans, audit programs, audit checklists.
• It is a vouching-based audit approach.
• Our main concern is to prevent, detect and correct flaws, errors, misappropriations in order to safeguard company’s assets. ensure going concern, business continuity.
• Prevention of cash suppression, diversion and leakages and proper monitoring
• We believe in prevention that detection of errors, frauds and misappropriations.
• Have zero tolerance for frauds, income leakages, intentional errors, mitigate financial & operational risks including financial loss.
• Identify, assess, and prioritize risks; develop and implement mitigation strategies.
• Design and maintain an effective internal control framework, including policies, procedures, and standards.
• Streamline processes and procedures to optimize resource utilization and reduce costs.
• Ensure compliance with laws, regulations, and company policies; maintain up-to-date knowledge of regulatory requirements.
• Collaborate with external auditors and ensure timely resolution of audit findings.
• Protect organizational assets and income from theft, fraud or misuse
• Supervise operational processes, including procurement, inventory management, and logistics.
• Leading of internal control team; provide guidance, training, and development opportunities.
• Prepare reports and analytics for management and the audit committee; provide insights and recommendations.
• Lead special projects, such as fraud investigations, risk assessments, and process improvements.
• Perform related duties as assigned by the Managing Director.

Activities covered:

• Financial Audits
• Operational Audits
• Environmental Audits

On Financial Audits:
The financial audit covered the company’s

• Cash and Banks Management
• Verification of Banks’ statements of;
• Union Bank,
• Access Bank
• First Bank
• Fidelity Bank
• GTBank
• Against the payment vouchers and registers/books from the front office.
• My main concern is the debits (Outflows) than the inflows (credits) and
• Checking the charges/fees – interest, COT, SMS.

Daily cash count:

• Taking into consideration, the company’s total sales less lodgments to get the cash in hand.

Petty cash count:

• Cash count on petty transactions of the company, comparing physical cash against the system's balance.

Financial Reviews:

• Review of expenses payment vouchers, truck maintenance payment vouchers against the registers taking into consideration volume (litres), the product name (Ago) and the unit price to obtain Value (N).
• We ensure that the amount in Fig tally with the amount in Word.
• Taking into consideration, the company’s total sales less lodgments to get the cash in hand.
• Petty cash count

Operational Audit:

• Cost control and reductions are the primary concerns on the inventories

Inventories /Stocks cards:

• The mechanic components/items in the outer store have been entered into the Stock cards.

Customers’ Accounts with debit balances:

• Review the debtor's list of overdue debts.

Environmental/Security audits:

• Security Register
• The Audit teams are monitoring this daily for proper implementation of the security register.

Key performance indicator:

• Regulatory compliance.
• Regulatory Reporting.
• Audit and Control.
• Frauds investigation and Errors prevention.
• Review of Financials including risks assets.
• Internal Control Reports.
• Control Self-Assessment Reports.
• Risk Assessment Reports.
• Compliance Reports.
• Management/Special Audit Reports.
• Process Improvement Reports.
• Control Framework Reports.
• IT General Controls Reports.

Requirements
Minimum educational qualification & experience:

• Higher National Diploma/Bachelor Degree in Accounting, Finance & Related Field.
• Professional Certification e.g. ACA, ACCA, IIEIP.
• Minimum 5 years of experience in internal control, audit, or risk management.
• and other certifications and training

Knowledge, skills, capabilities, and personal qualities:

• Knowledge, skills, capabilities, and personal qualities:
• Excellent verbal and written communication skills, ability to effectively communicate with internal and external customers.
• Excellent computer proficiency in all MS Office, ERP software, and other accounting software.
• Work under pressure, methodically and meet deadlines, while maintaining a positive attitude and providing exemplary customer service.
• Ability to work independently and carry out assignments to completion within parameters of instruction given, prescribed, routines and standard accepted practices.
• Investigative
• Analytical
• Reporting
• Forensic audit/Accounting
• Strong knowledge of accounting principles, practices, and procedures.
• Strong analytical and problem-solving skills.
• Excellent organizational, prioritization, result driven and leadership abilities.
• Exceptional attention to detail, accuracy and keen eye for aesthetics.
• Project Management
• Good assertiveness, problem solving and decision-making skill.
• Ability to contribute individually and lead, manage or participate in cross-functional teams.
• Outstanding interpersonal, tech enthusiast and persuasive abilities.
• Ability to create great working relationships with all levels within the company and across multiple disciplines.

Application Closing Date
Not Specified.