Head, Internal Audit at Fort Knox Group

Responsibilities

• Preparation and delivery of an annual audit plan which is commensurate with business risk evaluation of the effectiveness of internal controls, risk management and governance processes in all areas of the Payment Service Bank
• Improve the Internal Control Environment through active engagement with Senior Management and Management
• Ensure audit planning is carried out so that resources in terms of quality and numbers, is in line with the requirement.
• Maintain high engagement levels with the outsourced Internal Audit partners to ensure that the audit plan is delivered with the desired quality and within the agreed timelines
• Ensure tracking and timely closure of the audit issues in a sustainable manner.
• Drive quality in audit reviews.
• Provide continuous feedback to partner (internal audit service providers) on quality of audit work and deployment of resources.
• Ensure training of partner staff in order that they are able to deliver the best quality
• Provide proposals for improvement and support the implementation of changes.
• Ensure there is a clear line of communication between the partner and Smart Cash PSB to facilitate issue resolution in an effective and timely manner.
• Reporting to the Board Audit Committee
• Co-ordinate receipt and dispatch of all necessary documentation and communication, ensure all levels of review prior to dispatch of board papers.
• Ensure on-going dialogue with stakeholders and internally within the team to identify potential risks to ensure identification, assessment and development of mitigation plans for key risks .
• Identify good business practices and ensure these are shared with management for implementation.
• Drive programmes that promote risk and control awareness across the company.
• Keep abreast of regional and international trends and identify new and emerging risks in the business and / or industry.
• Provide guidance to other functions on risk management and compliance.
• Coach, mentor and manage audit resources (internal team as well as Partner’s staff) based in Nigeria.
• Attract and develop talent for the IA function
• Understanding the operational nuances of the business in Nigeria. Interacting with senior members of the business and having the ability to challenge established processes, identify gaps and ensure that the gaps are addressed.
• Keeping abreast of changes in the business, operational and competitive landscape.

Activities will include:

• Risk assessments and identification of key risks in the business. o Promoting an internal culture driven by ethics.
• Driving audits to highlight and address these risks.
• Recommend solutions that are pragmatic, cost effective and sustainable.
• Engaging management to dedicate resources and attention towards prioritised and systemic risk and control issues.

Qualifications

• A First Degree or equivalent in any discipline.
• Recognized professional Accounting certification such as ACCA, ACA, etc.
• Excellent written & oral communication skills
• Strong inter-personal skills and the ability to work in a team
• Ability to manage a team (in house and partner teams)
• Good analytical skills
• Goal oriented, focused, energetic, and enthusiastic.

Relevant Experience:

• Minimum of 10 years experience in the financial management/accounting function, 5 of which must be in senior position within the audit function.
• A minimum of 15 years work experience is required as the role is to be offered at AGM level.