Internal Auditor at Rainbow Heritage Group Limited

Rainbow Heritage Group Limited is a company involved in various fields, including real estate development (residential and commercial), construction solutions, infrastructure development,facility management and project management. It operates in Nigeria and the United Kingdom, with a focus on projects in Port Harcourt and its surrounding area. Our vison is "To be the preferred urban and real estate group providing customised sustainble solutions driven by innovation and technology".

We are recruiting to fill the position below:

Job Title: Internal Auditor

Location: Port Harcourt, Rivers
Employment Type: Full-time

Key Responsibilities
Audit Planning and Execution:

• Develop and implement comprehensive audit plans to assess the company's internal controls and financial systems.
• Conduct audits of construction projects, contracts, procurement processes, payroll, and financial reporting.
• Review and assess the adequacy of internal control systems and risk management processes.
• Test the accuracy and integrity of financial records and operational processes, identifying discrepancies or inefficiencies.

Compliance and Regulatory Oversight:

• Ensure compliance with relevant accounting standards, tax laws, construction regulations, and internal company policies.
• Monitor compliance with project budgets, timelines, and regulatory requirements.
• Review and assess adherence to safety standards and other industry-specific regulations.

Reporting and Documentation:

• Prepare detailed audit reports documenting findings, including any control weaknesses, risk exposures, or inefficiencies.
• Present audit findings and recommendations to management and make suggestions for corrective actions.
• Follow up on prior audit recommendations to ensure that corrective actions have been implemented.

Risk Management:

• Identify potential risks in the company's operations, including financial, operational, legal, and compliance risks.
• Work closely with management to develop risk mitigation strategies.
• Evaluate the risk of fraud, waste, and abuse within construction operations and recommend preventative measures.

Continuous Improvement:

• Stay up-to-date with industry standards, best practices, and regulations relevant to construction and auditing.
• Recommend improvements to the company's internal audit processes and procedures.
• Assist in the development of internal controls and policies to safeguard assets and ensure efficient operations.

Collaboration and Support:

• Collaborate with project managers, department heads, and other staff to ensure audit coverage across all departments.
• Provide guidance on internal control best practices to operational teams.
• Support management in ensuring financial integrity and operational efficiency across all construction sites and corporate activities.

Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field, Master degree is an added advantage.
• Professional certifications such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor), or CISA (Certified Information Systems Auditor) are preferred.
• Minimum of 5 years of experience in internal auditing, preferably within the construction or related industry.
• Strong knowledge of construction accounting and finance practices, including cost estimation, contract management, project accounting, and budgeting.
• Proficient with accounting software, enterprise resource planning (ERP) systems, and audit tools.
• Excellent analytical, communication, and problem-solving skills.
• Attention to detail with a high level of integrity and professionalism.
• Ability to work independently and manage multiple audit projects simultaneously.

Application Closing Date
30th January, 2025.