Internal Audit and Control Officer at Transcorp

Duties/Responsibilities 

• Implement defined internal audit and control strategies, to enhance transparency in company operations. 
• Collect and analyse data on the internal control issues, challenges, and requirements across the business operations to enable the development and implementation of Internal Audit strategies, plans and programs. 
• Perform audits and evaluate the level of compliance with established business control policies, processes, and procedures in the assigned functional area of business units 
• Establish effective business relationships within the company and assist management in the understanding and adaptation of internal control principles. 
• Conduct validation reviews of the reconciliation of the book records with physical inventory of Property and Equipment in assigned location. 
• Review physical and electronic records for accuracy and conformance with internal business control policies, procedures, and standards 
• Utilize audit objectives and procedures to review and assess the adequacy and application of internal controls through corporate operations. 
• Escalate identified business control weaknesses to the Lead Auditor and initiate workable solutions 
• Monitor and report on actions taken by the Management to correct audit findings to ensure full and satisfactory implementation; and when the outcome is not satisfactory, proffer follow-up measures. Job Title Internal Audit & Control Officer 
• Liaise with other internal and external control and monitoring functions (legal, Human Resources, external auditors, and regulators etc.) to ensure optimal audit coverage and minimize duplication of effort and costs. 
• Investigate violations of the Company’s operational procedures and make recommendations on appropriate preventive or remedial actions. 
• Make recommendations to improve Internal Control policies, procedures, and standards. 
• Liaise with the Finance Unit and external auditors to ensure timely and cost-effective completion of statutory audits Document and actively participate in the development of audit procedures performed as well as the preparation of noted concerns for audit report inclusion. 
• Promote leading practice among employees ensuring that all policies, procedures, and practices are thoroughly and accurately complied with. 
• Coordinate and conduct inquiries and/or investigations when deemed necessary. 
• Conduct appropriate compliance investigations to ensure proper follow-up and resolution. 

Skills/Abilities 

• Thorough understanding of risk concepts, business processes, policy analysis and best practices of audit, compliance, risk management and overall assurance. 
• Fair knowledge of the Company's operations and processes, as well as the risk exposures it faces. 
• Sound knowledge of auditing, investigation, and reporting 
• Strong technical accounting, budgeting, and cost control knowledge with the ability to interpret complex financial data and make informed decisions about the Company’s financial health. 
• Knowledge and application of regulatory guidelines. 
• Excellent verbal and written communication skills. 
• Knowledge of project management with excellent critical thinking, analytical and problem-solving skills. 
• Excellent organizational skills and attention to detail. 
• Strong teamwork and leadership skills. 
• Proficient with Microsoft Office Suite or related software to prepare reports and support policy reviews. 

Education and Experience 

• Minimum of Bachelors’ degree in Accounting, Finance, Business Administration, Economics, Engineering, or a related numerate discipline is required. 
• Relevant professional certifications e.g., Associate Chartered Accountant (ACA), Certified Public Accountant (CPA), Certified Internal Auditor, (CIA), Associate Chartered Certified Accountants (ACCA) or Certified Information Systems Auditor (CISA) or its equivalent will be an added advantage. 
• A minimum of 3 years’ cognate experience in internal control/ audit function of a similar organization