Head, Internal Audit and Control at a Reputable Publicly Quoted Insurance Company

A reputable publicly quoted Insurance company with its head office in Lagos, is recruiting successful, versatile, and highly experienced persons to fill the position below:

Job Title: Head, Internal Audit and Control

Location: Nigeria

Responsibilities

• Formulate a comprehensive Risk Based Internal Audit Plan, direct and coordinate the delivery of excellent internal audit services in alignment with the corporate strategy and key objectives.
• Evaluates and provides reasonable assurance or otherwise that risk management, internal control and governance systems are functioning as intended and will enable the organization objectives and goals to be met.
• Coordinates the review of accounting records to ensure proper and accurate records are kept and ensure adherence to Policies.
• Assessing the soundness and adequacy of the company's internal controls process.
• Reviews AML / CFT at the Head office and all the branches periodically.
• Daily review of investment transactions to ensure that all investments are within statutory limits and matured funds are not left un-invested.
• Lead the team and work with Compliance Officer closely in visits and inspections by external auditors and regulators.
• Perform random spot checks on all aspects of the business and provide an early waring in cases of actual, suspected, or potential fraud/risks.
• Overall strategic direction of the Internal Audit and Risk Management of the company Assessment and reporting of key business risks and reporting on internal control deficiencies 
• Filing of internal audit quarterly and compliance reports with the Commission and regulators.
• Provide quarterly report to the Audit, Risk and Compliance Committee of the Board on the adequacy and effectiveness of management's governance, risk and control environment, deficiencies observed, and the mitigation plans by management

Qualifications

• First Degree in any Accounting from a reputable institution
• M.Sc / MBA is an added advantage
• Relevant professional qualifications (e.g. ICAN, CISA, ACIIN).
• Minimum of twelve (12) years experience in Internal Control / Audit in the insurance industry
• Possession of advanced skills in MS Excel, Power Bi, PowerPoint and other Microsoft Suites.

Application Closing Date
9th June, 2022.