Business Process Auditor at Credit Direct Limited

Job Summary

The Business Process Auditor is responsible for evaluating the efficiency and effectiveness of the organization's business processes and controls. This role involves designing and executing audit plans to assess operational risks, identify potential weaknesses, and ensure compliance with IIA standards. Through in-depth reviews of business functions, operations, and processes, the Business Process Auditor assesses the adequacy of internal controls and ensures adherence to regulatory standards, including IFRS and COSO principles. Key responsibilities include documenting findings in detailed audit reports, presenting insights to management, and collaborating to develop action plans to address identified risks. The Business Process Auditor also provides guidance on process improvements and monitors the implementation of audit recommendations, contributing to the organization’s continuous improvement efforts. This role requires strong analytical skills and a proactive approach to enhancing operational efficiency and regulatory compliance across the organization.

Job Details

Audit Planning and Execution

• Develop and execute internal audit plans and programs in accordance with IIA standards.
• Conduct risk assessments to identify areas of potential risk and vulnerability.
• Perform audits of business operations, processes, and functions to evaluate the adequacy and effectiveness of internal controls.

Compliance and Regulatory Adherence

• Ensure compliance with IFRS and COSO principles.
• Review financial statements, accounting records, and other financial documents for accuracy and regulatory compliance.

Reporting and Communication

• Document audit findings, observations, and recommendations in detailed audit reports.
• Communicate audit results to management and stakeholders.
• Collaborate with management to develop action plans to address audit findings.

Continuous Improvement

• Provide advisory services on internal control best practices and process improvements.
• Monitor the implementation of audit recommendations to ensure timely resolution.
• Participate in special projects and investigations as assigned.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certification (e.g., CIA, ACA, ACCA, DipIFR) is preferred.
• Minimum of 3 years of experience in internal audit, risk management, or a related field, preferably in the financial sector.
• Prior experience working in the financial sector in Nigeria.
• Familiarity with Nigerian financial regulations and compliance requirements.

COMPETENCIES REQUIREMENTS: 

Technical:

• Strong understanding of internal control frameworks, audit methodologies, IFRS, and COSO principles.
• Excellent analytical and problem-solving skills.
• Strong communication and report-writing skills.

Behavioural:

• Ability to work independently and as part of a team.
• High level of integrity and ethical standards.

What to Expect in the Hiring Process:

• A preliminary phone call with the recruiter
• Technical interview 
• Assessment
• Interview with Senior members of the team
• Cultural and Behavioural Fit Interview with a member of the Executive team.