Head, Internal Audit and Compliance at Widows and Orphans Empowerment Organization (WEWE)

Details

• Widows and Orphans Empowerment Organization (WEWE) is soliciting for a qualified individual to fill the position of Head Internal Audit and Compliance in a USAID funded project called ‘Local Partners for Orphans and Vulnerable Children (LOPIN) Project for Akwa Ibom and River States’.
• WEWE is a local NGO with its head office in Abuja FCT. The candidate must be a certified chartered accountant with over 10 years’ experience in managerial position, who have God’s calling on their lives to help widows and orphans and, individual who have a passion for vulnerable children and ready to join the WEWE family to help WEWE/USAID achieve its project vision ‘To make Akwa Ibom and Rivers State the best place 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 Head Internal Audit and Compliance will be responsible for ensuring that WEWE financial processes are compliant with International finance and administration regulations and rules. 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 State to conduct audit clinics/internal audits and document verifications assignments.

Key Duties & Responsibilities

• The Head 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 statement.
• Ensure WEWE or WEWE LOPIN 2’s assets are safeguarded.
• Ensure that inventory record is 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 report to the appropriate authority with improvement recommendations.
• Timely investigate all cases of fraudulent practices and missing assets.
• Ensure withholding 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 Organisation.
• 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 2nd class 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’ 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