Internal Auditor at African University of Science and Technology (AUST)

Summary

• The university seeks the services of chartered accountant with at least five years post qualification experience, of which a minimum of three years should have been in audit functions.
• Candidates qualified as chartered internal auditors will receive preferential consideration.
• This position reports directly to the President of the University but will also have authority to independently submit reports to the Board’s Audit Committee.

Job Function
The successful candidate will be expected to perform the following functions:

• Objectively monitor and review the organization’s business processes to ensure compliance and effectiveness in line with the organisation mission and objectives
• Evaluate the effectiveness of risk management procedures that are currently in place and ensure proper enforcement to prevent loss of assets through theft or fraud
• Review the accounting and internal control systems to ensure compliance with set policies and procedure
• Ensure that the organization is complying with relevant laws and statutes, as well as compliance with specific donor conditions for the utilization of grant funds
• Make recommendations on how to improve internal controls and governance processes
• Determine internal audit scope and develop annual plans
• Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc
• Prepare and present reports that reflect audits results and document process
• Act as an objective source of independent advice to Management to ensure validity, legality and goal achievement
• Identify leakages and loopholes and recommend risk management measures to achieve cost savings and fraud prevention
• Evaluate and assess significant new or changing services, processes, operations, and controls relating to their development and implementation
• Liaise with external auditors, as appropriate
• Undertaking such other activities as may be deemed to be in conformity with the Institute of Internal Auditors standards for the professional practice of internal auditing
• Perform other duties as required by AUST Management

Requirements
The ideal candidate must meet the following requirements:

• Fully qualified chartered accountant eligible to practice in Nigeria
• Must have a minimum of 5 years post.qualification (as a CA) experience with at least 3 of those years executing audit functions
• Experience working in or with organisations which handle large amounts of funding from international agencies
• Ability to communicate clearly and effectively in English
• Sufficiently principled to expose improper practices without fear
• Experience working in a university environment would be an added advantage