Auditor at Nosagie Holdings

Job Description

• We are seeking a detail-oriented and experienced Auditor to join our team.
• The Auditor will be responsible for auditing the financial and operational activities of various business units, including the Microfinance Bank, Engineering SBU, Hotel, Poultry, School, Water Factory, Bakery, Spar, and Facility Maintenance operations. 
• This role involves assessing the effectiveness of internal controls, ensuring compliance with relevant regulations, and providing recommendations for improving financial processes and operational efficiency.

Key Responsibilities
Auditing for Microfinance Bank:

• Conduct audits of the Microfinance Bank’s financial statements, ensuring compliance with Central Bank of Nigeria (CBN) regulations, IFRS, and industry standards.
• Review and assess internal controls, financial transactions, and operational processes to ensure accuracy and compliance with legal requirements.
• Evaluate the effectiveness of risk management practices and ensure the organisation meets regulatory requirements for liquidity and capital adequacy.

Auditing for Engineering SBU:

• Perform internal audits for the Engineering SBU, ensuring that financial and operational activities are accurately reported and compliant with industry standards.
• Review project costs, revenue recognition, and the allocation of financial resources across engineering projects.
• Ensure compliance with relevant regulations and internal policies for project management, procurement, and expenditure tracking.

Auditing for Other Business Units (Hotel, Poultry, School, Water Factory, Bakery, Spar, Facility Maintenance):

• Hotel: Conduct audits of hotel financial records, ensuring compliance with hospitality industry standards and regulations. Assess operational efficiency and cost management.
• Poultry: Audit financial operations within the poultry business unit, reviewing revenue generation, inventory management, and cost controls.
• School: Review the financial records and budget processes for the school, ensuring proper allocation of funds and compliance with education sector regulations.
• Water Factory: Perform audits on financial and operational activities in the water production unit, ensuring regulatory compliance and financial transparency.
• Bakery & Spar: Conduct audits for the bakery and spar, focusing on inventory control, revenue management, and cost analysis.
• Facility Maintenance: Audit financial and operational activities for facility maintenance, ensuring effective cost management and adherence to safety standards.

General Audit Responsibilities:

• Review financial statements and internal control systems to ensure accuracy and identify areas for improvement.
• Verify that all financial transactions are properly recorded and comply with relevant accounting standards and company policies.
• Conduct regular audits of financial systems, accounting records, and operational processes across all business units.
• Identify weaknesses in financial controls and operational processes, and provide recommendations for improvement.
• Ensure adherence to accounting standards, tax regulations, and industry-specific regulatory frameworks.

Risk Management & Compliance:

• Conduct risk assessments for each business unit, identifying financial, operational, and compliance risks.
• Evaluate internal controls, operational processes, and business practices to identify potential risks and propose corrective actions.
• Ensure compliance with relevant legal, tax, and regulatory requirements for each business unit.

Reporting and Documentation:

• Prepare and present audit findings, including a summary of observations, risks, and recommended actions.
• Assist in the preparation of audit reports, ensuring accuracy, clarity, and alignment with organizational standards.
• Collaborate with management teams to ensure that audit findings are addressed and corrective actions are implemented.
• Maintain audit documentation to ensure that all findings and procedures are well-documented and supportable.

Key Requirements
Educational Qualifications:

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
• Professional certification, such as ACA, ACCA, or equivalent, is required.
• Relevant certifications in internal auditing, such as CIA (Certified Internal Auditor) or CISA (Certified Information Systems Auditor), are a plus.

Experience:

• Minimum of 3-5 years of experience in auditing, with hands-on experience auditing diverse business sectors, including microfinance, engineering, hospitality, agriculture, and manufacturing.
• Experience in auditing financial institutions, particularly microfinance banks, is highly desirable.
• Knowledge of internal control systems, auditing techniques, and regulatory compliance requirements for various industries.

Skills & Competencies:

• Strong understanding of accounting principles, financial regulations (e.g., IFRS, Nigerian tax laws), and internal control frameworks.
• Proficiency in auditing software, ERP systems, and Microsoft Office applications.
• Excellent analytical and problem-solving skills, with the ability to identify risks and inefficiencies in financial processes.
• Strong communication and interpersonal skills, with the ability to present audit findings clearly and professionally.
• Detail-oriented with a high level of accuracy in financial analysis and report preparation.
• Ability to work independently and manage multiple audits simultaneously