Director of Internal Audit and Compliance at Widows and Orphans Empowerment Organization (WEWE)

Job Overview

• The candidate must be a certified chartered accountant with over 10 years of experience in a managerial position, must have God’s calling to help widows and orphans, must be an individual with a passion for vulnerable children and one who is ready to join hands with the WEWE family to help WEWE/USAID achieve its project vision ‘To make Akwa Ibom and Rivers States the best places to live in Nigeria.’
• WEWE’s fiscal goal is to be one of the most financially compliant and transparent Nigerian NGO with intrinsic financial integrity and sound/supportive administrative system. Our core Ideology is to prove to the world that not all Nigerian NGOs are ‘fantastically’ corrupt. We want to be an example to the world of a fully trustworthy local NGO that is financially clean and administratively thorough.

Position Summary

• The Director of Internal Audit and Compliance will be responsible for ensuring that WEWE’s financial processes are compliant with International finance and administration’s rules and regulations.
• H/she must be someone who is naturally gifted, outstanding, and talented and has hands on experience with daily internal auditing and/or financial and administrative compliance monitoring.
• Location: The position will be based in Abuja with frequent travels to WEWE State offices in Akwa-Ibom and Rivers states to conduct audit clinics/internal audits and document verification assignments.

Key Duties & Responsibilities

• The Director of Internal Audit and Compliance will contribute to the improvement of WEWE control processes, risk management and governance.
• Carry out pre and post review of all financial expenditures.
• Review sub implementing agencies monthly certified expenditure reports.
• Carry out internal control self-assessment on implementing agencies.
• Ensure compliance with USAID cost principles.
• Ensure full compliance with USAID financial rules and regulations other than cost principles.
• Ensure strict adherence with WEWE internal policies, procedures and practices.
• Secure adherence to Nigerian rules and regulations as it relates to WEWE LOPIN 2 operational activities.
• Perform monthly review and evaluation of financial records/reports and bank reconciliation statements.
• Ensure WEWE or WEWE LOPIN 2’s assets are safeguarded.
• Ensure inventory records are up-to-date, complete, and accurate (including all key data required by the USAID in 22 Code of Federal Regulation (CFR) 226.
• Assist the organization in carrying out risk identification and timely reports to the appropriate authority with improvement recommendations.
• Timely investigate all cases of fraudulent practices and missing assets.
• Ensure with-holding Tax is remitted within 21 days of deduction by the organization.
• Ensure PAYE tax is remitted to the relevant tax authority within 10 days in every new month by the organization.
• Ensure monthly remittance of staff pension benefit to the relevant pension managers by the Organization.
• Willing to travel frequently and make local runs for financial verification assignments within all WEWE LOPIN implementing states; Rivers and Akwa-Ibom.

Qualifications

• A graduate of Accounting with a minimum of 2ndclass upper Division or upper credit
• Must be a Chartered Accountant ICAN or ACCA.
• An advanced degree at the Master’s level or above in Finance, Accounting, Business Administration or a related field is required.
• A minimum of 10 years of experience in internal/external auditing or compliance experience in a multinational Organisation or non for profit Organisation.
• Strong background in accounting, internal control and compliance.
• Strong interpersonal and communication skills.
• Experience with USAID projects is required