Group Head, Internal Audit at Telinno Consulting Limited (TCL)

Location: Lekki Phase One, Lagos

Job Description

• The purpose of this role is for the position holder to lead the overall direction and management of the internal audit function for the organisation, whilst being responsible for planning, conducting operational, financial and compliance audits to evaluate the effectiveness of internal controls and organisational risk.

Responsibilities
Risk Management:

• Undertake periodic major review of the Organiation's risk map
• Proper maintenance and presentation of outcome of the risk register to the Audit & Risk Committee of the full board
• Update risk register structure to ensure feedback from directors and senior management are taken into consideration and that they are made aware of any changes, and consider major risk areas in relation to Organisation’s operational and strategic management.
• Develop an assessment framework that brings together the assurance activities of Telinno where they relate to the risk register and report against this to the Audit & Risk Committee in the form of a functional audit.
• Support projects, departments and units where risk maps are required for specific activities. Internal audit
• Present an annual internal audit plan by reference to the risk management framework to the Audit & Risk Committee for their approval.
• Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management
• Undertake the approved internal audit plan in line with agreed procedures liaising with the relevant members of the entity or activity area.
• Conduct audit visits to Operations and provide full briefing to the relevant Regional Director and Country Manager, ensuring that their comments are recorded as part of the review.
• Agree action plan necessary to implement the audit recommendations with the Regional Director, Country Managers or heads of relevant departments.
• Present the audit report to the Audit & Risk Committee of the Board, highlighting any areas of concern and the resultant action plan.
• Monitor the implementation of any recommendations.
• Identify common features across audits and organisation-wide issues, proposing appropriate systems improvements.
• Manage all internal audit activity to coordinate audit projects, assessments, and regulatory audit requirements to fulfill the purposes and responsibilities approved by senior management, Risk Management Committee and the Audit & Risk Committee of the Board.

Qualifications

• B.Sc / MBA in Accounting or Finance.
• Professional Certification e.g., ACCA/CIMA/CIA Work Experience and Skills.
• 10 years of relevant experience in a professional audit capacity. Relevant experience includes at least 3 years’ external audit experience and 5 years in an internal audit/compliance function.
• Excellent leadership to inspire and motivate others to perform well.
• Ability to provide continuous performance feedback and encourage growth and development of staff.
• Excellent written and oral communication skills, with the proven ability to present and explain complex information and suggest process improvements to diverse audiences including senior level staff and the Board of Directors.
• Ability to effectively establish and maintain working relationships with peers, senior leadership and all levels of the organization, with a positive and professional image.
• Proficient in use of Microsoft Office products including Excel, Word, PowerPoint, and Visio.