Head, Internal Audit & Compliance at S & L Consulting

S and L Consulting is an HR consulting firm. We help small and medium size enterprises with proven strategies on people management and business management.

We are recruiting to fill the position below:

Job Title: Head, Internal Audit & Compliance

Location: Lagos 
Employment Type: Full-time

Core Functions
Audit:

• Design and formulate audit plan/programs on a yearly basis.
• Evaluate, review and improve the internal control systems and the accounting system from time to time.
• Reporting to the Board through the board audit committee on audit and compliance issues on a quarterly basis.
• Ensure that the preparation of WHT, VAT is done on or before 7 th of every month and payable to LIRS and FIRS on 15 th of every month.
• Review on or before 3 rd of every month CBN returns and returns to NFIU
• Review and ensure correctness of CBN and NIFU returns prepared by audit officer.
• Ensure that the assets of the company are identifiable and physically verified from time to time.
• Respond to, and investigate allegations of fraud and other financial wrong doings in the organization from time to time.
• Create and maintain strong internal controls awareness within the company.
• Ensuring compliance and prudent utilization of resources.
• Review of financial reports to ensure its accuracy on a monthly basis.
• Coordinating all audit and compliance activities of the organization.
• Ensuring adherence to the company’s internal policies and procedures as well as regulatory and statutory requirement.
• Conduct monthly review of reconciliation for all exiting banks accounts
• Ensure that postdated cheques are monitored in order to ensure that all postdated cheques due on a daily basis are presented into the bank.
• Weekly submission of delayed and returned cheques
• Report the incompleteness and inaccuracy of postings, journals and reconciliation done by the Finance Unit on a monthly basis.
• Approve Payment Vouchers in line with Company Policy.
• Liaise with EFCC, Police and Lawyers when assigned by the CEO.
• Ensure that precedent conditions are met by all clients before disbursement
• Ensure remittances of all insurance premiums.
• Review of all journal entries from accounts department before posting.
• To give an exceptional report on a weekly and monthly basis on all assigned responsibilities e.g. management account, general ledgers, banks accounts, insurance, tracking, legal perfection of offer documents, vehicle registration, collateral documentation, etc.
• Any other related duties as may be assigned by Board and the Managing Director/CEO.

Collateral Evaluation & Asset Inspection:

• Review the records of all pledged collateral on all credit transaction at all times.
• Carry out a periodic review and evaluation of collateral and advice the management from time to time especially on net worth of this collateral vis-à-vis the facility balance.
• Participate in asset inspection exercise at all times and work closely with your unit head in arriving at a fair assessment that will support the credit judgement and liaise with Estate Valuers on property evaluation.
• Ensure that all assets under obligations are inspected prior to disbursement/payments.
• Be involved in asset recovery procedure where necessary, especially on defaulting accounts

Receivable Management / Loan Work Out:

• Prepare a monthly report on all accounts, detailing all activities on each account and indicating all issues emanating on these accounts and advise Unit Head / Management on possible next line of action.
• Give reports on Directors related facilities.
• Ensure pagination of all client’s files
• Prepare and submit report on potential bad/non-performing account and proffer recommendations. This can be done through visitation to client business premises, review of changes in government policies that affects the client business.
• Critically review credit appraisals for all proposed credit facilities with the view of actively identifying potential risk involve in such business/transaction.
• Undertake special assignments and ad-hoc activities as may be required from time to time.

AML/CFT Responsibilities:

• Ensure that the AML/CFT policy of the organization are strictly adhered to:
• Ensure adequate and timely report of STR, PEP and CTR to regulatory authorities
• Investigate, identify and report STR, PEP and CTR to the Board and Management
• Generate and practice extensive security policies, procedures, and protocols to protect the organization.
• Conduct AML risk assessment on a regular basis
• Ensure regular training for all employees on AML/CFT and PEP
• Establish and Maintain relationships with law enforcement agencies, and regulatory authorities.

Chief Security Officer Responsibilities:

• Generate and practice extensive security policies, procedures, and protocols to protect the organization.
• Conduct security risk assessment and vulnerability analysis to potential threats and security breaches and develop an action plan.
• Ensure regular training for all employees on security policies and procedures.
• Ensure compliance with regulatory requirements and industry standards for security, privacy, and data protection.
• Prepare security reports, metrics, and presentations for senior management and board members.
• Oversee physical security measures including access control and surveillance system to
• prevent unauthorized access.
• Establish and Maintain relationships with law enforcement agencies, and regulatory authorities to exchange information and stay updated on security trends and threats,

Others:

• Review of credit client statement
• Review of treasury client statement
• Authorization of Treasury posting and ensure cash account is reconciled at all times
• Ensuring client details are updated on NIBSS ICAD portal
• Ensuring systems back up
• Reconciliation of clients in the software and passing of journals to correct any error emanating from wrong postings
• Software administrative functions
• Preparation of error register
• Rendition of monthly returns to CBN and NFIU
• Spooling of Bank Statement of client on My Bank Statement NIBSS portal
• Supervision of Audit Staff

Specific Responsibility:

• To generate both treasury and credit mandates as may be determined by Management from time to time.

Application Closing Date
21st November, 2025.

How to Apply
Interested and qualified candidates should send their CV to: sandlconsultingng@gmail.com using the Job Title as the subject of the mail.