Audit Manager at KNCV Tuberculosis Foundation

Key Responsibilities

Audit Planning and Execution:

• Develop and execute a comprehensive annual audit plan based on risk assessments and project priorities
• Develop and manage the audit schedule and timeline for the project.
• Oversee the execution of internal audits, external audits, and compliance audits for all project activities.
• Lead and perform audits across operational, financial, inventory, and compliance areas, ensuring adherence to internal controls and policies
• Carry out the audit process to review all payments and transactions in the central and cluster offices
• Review audit results and ensure corrective action plans are implemented as needed.

Financial Compliance and Risk Management:

• Ensure project financial activities comply with USAID regulations, KNCV Nigeria's financial policies, and applicable Nigerian laws.
• Evaluate the effectiveness of internal controls and identify areas of improvement or potential risks
• Identify financial risks and design internal control systems to mitigate risks of fraud, mismanagement, and inefficiencies.
• Ensure the organization’s operations comply with applicable laws, industry standards, and internal policies
• Monitor compliance with financial regulations, tax obligations, and corporate governance standards.
• Ensure accuracy and integrity of financial reporting and analysis for the project.

Reporting

• Prepare detailed audit reports and present findings and recommendations to senior management and the audit committee
• Provide audit findings and recommendations to management and ensure corrective measures are taken.
• Monitor the implementation of all external audit recommendations and follow up on corrective actions using the developed audit tracker.
• Ensure timely submission of audit reports to management and other relevant stakeholders.

Capacity Building and Training:

• Provide training and guidance to the project team and sub-recipients on financial compliance, internal controls, and audit processes.
• Build and manage the internal audit team, providing direction, coaching, and development.
• Foster a strong ethical culture and internal awareness of controls and audit readiness across departments.
• Identify inefficiencies and recommend enhancements in processes, systems, and workflows.
• Stay up to date with industry’s best practices, regulatory changes, and emerging risks relevant to the NGO donor funding sector

Collaboration and Coordination:

• Work closely with the finance team to ensure proper documentation, accurate financial records, and transparent financial processes.
• Coordinate with external auditors, USAID, and other partners during audit reviews and inspections.
• Liaise with the Director of Finance and Operations and the Project Director to address audit findings and implement corrective actions.

Skills and Qualifications

• A Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certifications such as ACA or ACCA is a must.
• A Master's degree in Finance, Accounting, or Business Administration is desirable.
• A minimum of 7 years of experience in audit management, with at least 4 years in a supervisory role, preferably in USAID-funded projects or international development projects.
• Strong understanding of financial regulations, audit procedures, and internal control systems.
• Experience in managing audits for large-scale projects, especially in the health or development sector, is preferred.
• Proven experience in managing relationships with external auditors and stakeholders.
• Experience with USAID financial and audit regulations is highly desirable.
• Strong analytical, organizational, and problem-solving skills.
• Excellent attention to detail and ability to work with complex financial data.
• Ability to lead audit teams and collaborate effectively with other departments and partners.
• Strong verbal and written communication skills, including the ability to prepare detailed reports and presentations.
• Proficiency in Microsoft Excel, accounting software, and financial reporting tools.
• High ethical standards and the ability to maintain confidentiality.
• Strong leadership abilities and a proactive approach to identifying and solving financial challenges.
• Ability to work in a fast-paced environment, handle multiple priorities, and meet deadlines.