Internal Control & Audit Manager at a World Class Lounge and Restaurant - Smart Partners Consulting Limited

Smart Partners Consulting Limited - Our client in Hospitality Business, operating a world class Lounge and Restaurant in Lekki Phase 1, Lagos has given us mandate to fill the position below:

Job Title: Internal Control & Audit Manager

Location: Lekki Phase 1, Lagos
Employment Type: Full-time

Responsibilities

• Evaluate financial documents for accuracy and compliance with federal regulations.
• Identify the financial risk of the organization and offer recommendations to reduce risk.
• Identify accounting and financial record-keeping processes that can be improved.
• Determine ways to cut costs and improve profitability.
• Assess the efficiency and productivity of internal staff and make recommendations for improvement.
• Present findings to upper management in the form of reports and presentations.
• To ensure good management of scarce resources.
• To ensure that all accounts books are prepared in accordance with accounting principles and standards
• To ensure sound and efficient control systems.
• Liaising with the Audit Committee on internal/systems audits.
• Reports likely risks inherent in such weaknesses to the systems.
• Reports lose of all kinds to the management.
• Periodic checking of aged debtors’ analyses report with debtors control accounts to ensure they reconciled.
• Periodic checking of aged creditors analyses report with creditors control accounts to ensure they reconciled.
• Cross-checking to ensure that sales (Customers) invoices in General Ledgers reconciled with products invoices postings in sales department always.
• Cross-checking and ensuring that all purchases are duly posted into the appropriate accounts by Accounts dept.
• Cross-checking and ensuring that all assets are properly entered into the assets register by carrying out physical identifications of all assets with computer printouts periodically; monthly reconciliation of assets.
• Periodic checking of the prepayment and accrualschedules in the General Ledgers.
• Quarterly and Year-end stock takings with the store personnel.
• Checks periodically all the postings in the General Ledges to ensure accuracy in postings and proper classifications in view of accounting principles.
• Verification of credit sales andall purchases with material value in the General Ledgers regularly.
• Assists in handling some accounting jobs when the need arises.
• Works hand-in-hand with the external auditors during the annual audit of financial year-end.
• Works with the Audit Committee on systems audit issues when the need arises.
• Es & cash withdrawals from banks etc. are guided by the company’s procedures/policies.
• Carries out internal audits to identify any weaknesses or loopholes in the systems and make reports as well as recommend corrective measures to the management.
• Monitoring all credit sales to ensure compliance with company’s policies on credit facilities.
• Monitoring staff indebtedness to the company to ascertain compliance in repayments.
• Monitoring cash advances to staff and makes calls for their retirements.
• Any other duties assigned.

Requirements

• Minimum of a Bachelor Degree in Accounting or any related Social Science Courses.
• Minimum of 5 years of relevant experience on the job.
• Due to the nature of the Job, Preferred Candidate should be residing within Lekki Axis.
• Necessary certificates and professional qualifications and master Degrees shall be added advantage
• Strong communication skills to work with Accountants and other co-workers.
• Excellent attention to detail to review large amounts of data and numbers.
• Exceptional mathematical skills to verify entries.
• Good critical-thinking skills to gather all of the available data and make informed decisions
• Excellent research skills to find all related information needed.
• Proficiency in accounting software and spreadsheets.

Application Closing Date
Not Specified.