Senior Manager (AUDIT & CONTROL) at Stresert Services Limited

Job Summary:
The job holder is responsible for overseeing internal operating controls, processes and practices. She/he Plans and conducts operational, financial and compliance audits to evaluate the effectiveness of internal controls; determine compliance with selected policies, procedures, and regulations.

Job Responsibilities:

• Accountable for the development and coordination of the organization’s internal auditing activities.
• Plan internal audit work programmes and setting of control objectives;
• Develop and implement internal auditing policies, procedures, and program;
• Investigate and determine causes of irregularities, and errors;
• Recommend corrective action and suggest improvement;
• Perform audit engagement in a professional manner and in accordance with the approved work program;
• Assist external auditors as appropriate;
• Support activities related to internal audit assessment, operation risk and execution;
• Prepare audit memos detailing findings/recommendations and assists in the presentation of audit findings/recommendations to management;
• Recognition of key risk areas, incidents, control issues and assess their impact and recommend actions to enhance control;
• Prepare formal report, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which audit activities are carried out;
• Appraise the adequacy of the corrective action taken to improve deficient conditions;
• Monitoring of compliance with regulatory and statutory requirements;
• Conduct periodic training workshops to promote awareness of internal controls and to discuss changes in policies that will impact the system flow of information;
• Other special assignments (e.g. fraud investigations, effectiveness reviews) as and when required.

Performance Indicator:

• Ensure that the key areas of Company’s activity are reviewed within the approved strategic planning cycle.
• Complete Audit Assignment within the target time frame and produce Audit report.
• Reduction in Wastages and cost reduction innovation.
• Error free Internal Audit Report.
• Number of Innovative ideas, value addition and suggestions.
• Preparation of Annual Internal Audit Plan before the end of the year.
• 100% Achievement of Internal Audit Plan.
• Follow up on audit finding to ensure full regularization.

Required Skills, Knowledge, and Characteristics:

• The SMAI should have the ability to identify root causes of business related problems and effectively discuss issues and solutions with senior management;
• Ability to build relationships while asking tough questions;
• Strong time management and organizational skills;
• Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures;
• The SMAI should have the know-how in Preparing professional, well-written audit reports, with recommendations, appraisals, or analyses that will assist the area's manager and senior management with proper feedback that adds value over his or her responsibilities.

Education & Experience:

• Certified Internal Auditor (CIA)
• Qualified Chartered Accountant
• Degree in Accounting
• Minimum of 6 -8 years internal audit experience with a minimum of 3 years at senior management level.
• MS Office and exposure to ERP systems

Salary range for the role is between N 2,700,000 – N 3,600,000 / annum