Internal Auditor at Global Oneword Healthcare Limited

Global Oneword Healthcare Limited is an Indigenous Pharmaceutical Company Established in June 2012. Active marketing of products started in June 2013. Global Oneword Limited specializes in importing, marketing, selling and distributing oncology drugs, OTC prescription drugs as well as other things that relate to health care and health services.

We are recruiting to fill the position below:

Job Title: Internal Auditor

Location: Surulere, Lagos
Employment Type: Full-time

Position Overview

• The Internal Auditor is responsible for evaluating the company's financial and operational activities, with a strong focus on inventory management, payments processing, and overall financial controls.
• This position plays a key role in assessing risk, identifying inefficiencies or fraudulent activities, and ensuring compliance with company policies, regulations, and all accounting standards.

Key Responsibilities
Audit Planning & Execution:

• Develop and implement risk-based audit plans, especially focusing on areas related to inventory control, payments, and financial reporting.
• Conduct detailed audits of the company’s inventory systems, including inventory valuation, stock movements, and warehouse management.
• Review and test the adequacy and effectiveness of internal controls surrounding accounts payable, vendor payments, and disbursements.
• Analyze payment processes to ensure compliance with company policies, preventing unauthorized payments, fraud, or mismanagement.
• Perform regular audits of financial records and systems to verify accuracy, completeness, and compliance with internal policies and regulatory standards.

Inventory Audits:

• Examine inventory transactions, including purchase orders, receiving, sales, and transfers, to ensure proper documentation and approval.
• Monitor physical inventory counts and perform cycle counts to detect discrepancies or theft.
• Assess inventory turnover rates and obsolete inventory write-offs to ensure accurate valuation of stock.
• Work with logistics and warehouse teams to verify inventory is stored and handled according to company protocols, reducing risks of shrinkage or loss.

Required Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
• 2 - 3 years of relevant audit experience in a manufacturing, retail, or distribution company that deals with complex inventory systems and payment processing.
• Strong understanding of financial accounting principles and internal controls, especially as they relate to inventory management, payment systems and financial reporting.
• Proficiency in accounting software and Microsoft Excel would be a plus
• Skills and Competencies:
• Analytical thinking and attention to detail, with the ability to identify discrepancies and weaknesses in complex systems.
• Strong written and verbal communication skills, including the ability to present findings and recommendations to senior management.
• Strong organizational skills, with the ability to manage multiple projects and deadlines.
• Ability to work independently and as part of a team, displaying initiative and a proactive attitude.
• High ethical standards and integrity, with a commitment to maintaining confidentiality.

Application Closing Date
22nd March, 2025.

Method of Application
Interested and qualified candidates should send their CV to: bejitu@yahoo.com using "Internal Auditor" as the subject of the mail.