Internal Auditor/Risk Manager at The Nigerian Red Cross

Job Code: AJ13 - 12
Responsible to: SG, NP

Job Summary

• The Internal Auditor is responsible to ensure an independent, objective assessment and assurance to improve operations and performance in NRCS.
• The internal Auditor is responsible for investigating reports of suspected wrongdoing, examine operating information and the means used to identify, measure, classify, and report such information.
• The internal auditor is faced with the task of reviewing the means for safeguarding assets; ascertain if results are consistent with management’s objectives and goals.
• In addition, such person appraises the economy and efficiency with which resources are employed; and reviews the systems established to ensure compliance with policies, procedures, plans, laws, and regulations.

Responsibilities

• Review the reliability and integrity of management, financial and operating information;
• Review compliance with policies, regulations, procedures and laws’
• Review the means of safeguarding the assets of the Nigerian Red Cross Society;
• Appraise the economy and efficiency with which resources are employed;
• Review operations or programs to determine whether results and outcomes are consistent with established objectives, and whether goals are being achieved;
• Participate in the design of major internal controls systems; and
• Provide advisory service to the board, as required or requested, on internal controls, risk management and audit issues

Internal Audit:

• Identifies risk areas to determine the audit scope
• Plans and perform operational, process and compliance audits
• Evaluates operations and processes with special regard to efficiency and effectiveness
• Reviews compliance with internal policies, procedures and external regulations
• Reports audit findings to respective management and the Board
• Monitors action plans and status reports
• Performs special investigations as per request
• Collaborates closely with all levels of management and employees
• Promotes good business practices

Internal Control System:

• Maintains and further improves the standardized group wide Internal Control System
• Reviews and assesses the internal controls
• Develops solutions in order to improve processes and/or systems
• Provides guidance and training on relevant control processes
• Assists management in the understanding and adaptation of internal control principles
• Coordinates the cooperation with external auditors

Risk Management:

• Plans, executes and monitors the overall risk management process
• Ensures evaluation of identified risks considering criteria such as costs, legal requirements and environmental factors
• Supports the organization in establishing scenario planning and business continuity plans
• Develops and implements risk reporting

Note: The duties enunciated above are intended to describe the duties of the appointee expected to undertake the position. It is not a complete and exhaustive list as alterations or deletion of duties may occur from time to time in accordance with the Nigerian Red Cross Society.

Qualifications

• Minimum of a BA or BS/HND qualification in Finance, Accounting or Business Administration.
• Chartered or member of a professional body is required
• 3 years or more Audit Firm Experience is highly required
• Experience working with NGO’s preferred
• Proven previous experience in project management

Experience in:

• Establishment and enforcement of sound internal controls
• Excellent written and oral skills in English
• Strong operational management ability; a clear focus on results – sets goals, plans, and prioritizes effectively, monitors quality and progress of work against plans

Work experience:

• Minimum of 6 years work experience