Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
We are recruiting to fill the position below:
Job Title: Country Head of Internal Audit
Location: DC Cameroon - Siege
Job Objectives
- Provide first level support to the SBU MD and the Group Chief Internal Audit & Control Officer in the management and monitoring of Internal Control functions of the SBU
- Serve as the functional lead to provide reasonable assurance to management of the SBU on the effectiveness and efficiency of business internal operations.
- To institute appropriate internal controls and reconciliation processes and procedures to ensure:
- Financial reporting and management information is reliable, complete and timely made;
- The SBU is in compliance with applicable laws and regulations as well as the Company's internal policies and ethical values including sustainability.
- Provide adequate support to the Audit Committee to ensure a sound control environment for the SBU
- Liaise with external auditors, consultants and regulators
Key Duties and Responsibilities
- Be a primary audit business partner in the assigned locations. This includes providing the maximum support to embedding strong governance and control standards in the business, while maintaining appropriate independence.
- Drive continued control consciousness and commitment to compliance with Group policies and procedures
- Supervise the internal team in the locations assigned. Provide leadership and counsel to the plant, head office and supply chain. Generate ideas that will build the company; identify and implement cost saving ideas to the assigned business units
- Participate in the formulation and documentation of Internal Control and Reconciliation Framework for the Group
- Define the implementation plan to institute the Internal Control Framework for the Group across all the business units
- Ensure the effectiveness and efficiency of the approved internal control plan
- Evaluate control mechanism and governance processes for internal control purposes
- Define internal control processes and policies to ensure adherence to corporate governance policies
- Coordinate all investigation and forensic audits across the Group
- Ensure internal audit and control activities are conducted in adherence to professional standards and observation of relevant legal requirements
- Ensure quality of reports and documentation are in compliance with regulatory requirements
- Screen all internal reports for the approval of the Chief Internal Audit and Control Officer
- Provides advisory services concerning business process, operations, regulations, policies and procedures and makes improvement recommendation
- Supervise and monitor performance of line managers against their periodic plans and special assignments
- Review and recommend training development for staff auditors
- Liaise with regulators, external auditors, affiliates and outsourced service provider.
- Assign detaile responsibilities to subordinates and supervise them to ensure timely delivery of high quality results
- Implement risk-based plans to set out the priorities of audit consistent with the Group's objectives
- Periodically make proposals for the review of Group policies and procedures or for the introduction of new policies to strengthen controls in identified areas
- Propose the internal audit activities, plans and resource requirements to the CIA
- Conduct forensic audits and investigations into cases of frauds, losses and malpractices as may be required;
- Ensure all investigation and forensic audits are performed in a conscientious manner incorporating careful application of professional standards and observation of relevant legal requirements and rules of professional conduct.
- Support the CIA to manage performance evaluation, training needs, staff developments and career path throughout the group audit function
- Support the CIA to implement ad-hoc audit and Internal controls directives from the Board group-wide
- Implement appropriate audit infrastructure - eg SAP GRC, Team Mate, Data Mining Tools required to supporta robust audit organization
- Perform any other duties assigned by the Hierarchy.
Key Requirements
Educational qualification:
- B Sc. or H ND passed at 2.1 or Distinction level in Accounting or any related discipline
- A master's degree in Accounting or an MBA will be an added advantage.
Professional qualification:
- Membership of the following professional bodies: Certified Institute of Auditors (CIA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA), International Systems Audit and Control Association (ISACA)
- Possession of the following certifications is an added advantage: Certified Quality Auditor (COA), Certified Financial Services Auditor (CFSA)
Desired Experience:
- Minimum of 15 years' Audit work experience 3 of which must be at senior management level
- Minimum of 6 years' experience with a top-tier Audit firm
- Experience across multiple industries/markets e.g. Manufacturing, Energy, Utilities etcetera. International work experience is an added advantage
Competency Requirements:
- In-depth understanding of internal auditing standards, responsibilities, code of ethics, and certification
- Deep Industry knowledge
- Deep understanding of Accounting principles and standards
- Understanding of Corporate Governance principles
- Strong analytical and evaluation ability
- Business Acumen
- Ability to apply control models such as the COSO Internal Control framework
- Knowledge of accounting and financial reporting requirements of regulatory agencies
- Excellent communication skills
- ISO Requirements
- Knowledge of SAP.
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/921607/country-head-of-internal-audit-at-dangote-industri.html