Lead, Risk & Control at Ibadan Electricity Distribution Company (IBEDC) Plc

Location: Ibadan, Oyo
Specialization: Risk & Control

Job Description

• To examine and evaluate the adequacy, effectiveness and efficiency of the organisation’s internal control systems and procedures in safeguarding the organisation and mitigating risks      

Responsibilities

• Establishes and maintains guidelines for a system of internal control including internal control processes and policies to safeguard the organisation and mitigate risks
• Assists in conducting risk assessments and identifies/puts controls in place to mitigate identified risks - identifies key risk areas within the organisation and proposes appropriate controls to mitigate the risks
• Coordinates reviews of organisation controls to ensure compliance with company / regulatory policies and regulations
• Manages work requirements and budget to meet team initiatives – develops work plan including time estimate, target dates and deliverables, etc.
• Assists in conducting special investigations and delivers timely, relevant and actionable feedback and/or recommendations
• Provides management with periodic reports on compliance with internal control systems.

Competence Requirements

• Good knowledge of generally accepted internal control principles & techniques and best practices.
• Good understanding of Corporate Governance principles.
• Experience in the preparation and analysis of data through computer aided audit tools (such as Excel spreadsheets, or other database tools).
• Strong analytical and problem-solving skills.
• Proven experience in developing internal audit & control policies and procedures.
• Solid knowledge on regulations and principles guiding the Utilities industry.
• Experience in Risk Assessment.

Qualifications and Requirements
Educational Qualification:

• A Bachelor’s degree in Accounting, Finance or any related discipline
• A master’s degree in Accounting or any related discipline

Professional Qualification:

• Membership of any of the following professional bodies - Certified Institute of Auditors (CIA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA)
• Possession of any of the following certifications is an added advantage: Certified Quality Auditor (CQA), Certified Financial Services Auditor (CFSA), International Systems Audit and Control Association (ISACA)

Desired Experience:

• At least 10+ years work experience in public accounting, internal audit/control with a At least 5 years supervisory experience.