Head, Internal Audit at Talents and Skills Africa

Location: Ikeja, Lagos

Job Brief

• The job holder is responsible for the Organization’s strategic risk-based internal Audit plan and managing the Internal Audit function in accordance with the Business goals & Objectives. Also responsible for planning and conducting operational, financial and compliance audits to evaluate the effectiveness of internal controls and organizational risk

Duties and Responsibilities

• Oversee the audit process and make any necessary recommendations to change policies, implement new systems and ensure strict compliance.
• Execute the Internal Auditing process within the company activities.
• Provide audit report and make recommendations where necessary
• Maintain a reporting system.
• Develop an audit program to implement and review the existing audit program to meet newly established structures in the company.
• Suggests action to correct system or process weaknesses and lack of internal control.
• Check efficiency and knowledge of procedures’ in the company’s service delivery and activities.
• Design and implement control mechanisms across the business.
• Monitor compliance / adherence to company’s policy and assists in the evaluation of system control.
• Detect and Prevent fraud with the sole aim of safeguarding the company’s assets.
• Identifies internal control gaps in business procedures, processes, or systems and initiates appropriate remedial action.

Core Internal Audit Functions
Audit duties cut across the following units:

Accounts & Finance Dept:

• Conduct check and verification of payable and receivable accounts to ensure improving / complying with established policies and procedures
• Conduct prepayment audit review of payment vouchers and supporting documents
• Conduct a post-payment audit on bank / cash operations and verify payments to third parties
• Participate in audit follow up review, special audits, loss and fraud investigations
• Support Account in the following arrears:
• Review of Management Account / Company’s Annual Report
• Review Annual Budget
• Bank Reconciliations
• Ensure compliance to relevant tax laws (local & international) and professional standards (books of account and financial statements)

Inventory / Operations:

• Support in providing quality control checks on products
• Accurate documentation of stock and inventory
• Systematic and thorough details to the vetting of supply invoices.
• Effect Weekly / Monthly / Quarterly / Yearly Product And Sales Audit As Applicable.
• Prepares audit report (weekly / monthly / quarterly / Yearly) for management.

Internal Control Functions:

• Actual inventory audit of branches, stores, and warehouses. Submit reports monthly
• Stock taking across all branches
• Do audit trail of all transactions on ERP BUSY and make necessary reports
• Checking to ensure products are properly priced to avoid revenue leakages (random checking of sales orders and other relevant documents)
• Weekly reconciliation of products / inventory across all the branches
• Providing a positive control environment
• Identifying potential risk areas
• Implementing timely corrective actions

Non-Essential Functions:

• Perform other duties and special projects as assigned by Executive Management.

Experience and Education

• Bachelor's degree in Accounting & Finance or other closely related fields.
• Certified Internal Audit (CIA) or Certified Public Accountant (CPA) required
• 10-12 years’ experience in auditing or accounting; 7 years in a management role

Knowledge and Skills:

• Knowledge of generally accepted auditing standards
• Knowledge of accounting and finance principles and practices
• Knowledge of a variety of reporting procedures,regulations, and law
• Planning and time management
• Effective communication and leadership skills
• Critical thinking and analysis
• Tenacity and ethics