Internal Audit and Risk Management - Team Lead at VDT Communications Ltd

About the job

• The role oversees internal operating controls, processes and practices. S/He may recommend changes and enhancements to existing policies and controls to make sure they are current, adequate, functional and utilized in accordance with standards established by the company.

Key Deliverables and Expected Result:

• Implement approved internal audit strategies for all our processes
• Monitor effectiveness of established business control policies, processes and procedures
• Develop strong working relationship with operational management while maintaining professional independence
• Identify improvement opportunities and weaknesses in controls and devise strategies to strengthen processes
• Assist the Internal Audit Group to review and assess our processes
• Assist in the development of the risk-based annual audit plan
• Implement risk-based audit
• Identify key risks and related controls within the audit process
• Ensure that audit procedures are strictly adhered to, identify and define issues, develop criteria, review and analyze evidence, and document
• Lead specific audits to investigate adherence to policies, procedures, and legal/ regulatory requirements to identify and evaluate exposures and correct defective processes
• Reviews and assesses the effectiveness, efficiency, confidentiality, integrity, availability, compliance and reliability of information systems and the data therein
• Performs follow up audits on recommendations from prior audit reports
• Conduct a risk assessment of departments, projects or functional areas within the required timeline in collaboration with risk owners
• Coordinate the activities of Risk Champions
• Develop strategies for improvement in internal processes along with possible solutions
• Embrace, best practices, processes and tools to achieve quality service
• Monitor compliance and emerging issues with regulatory authorities
• Environmental scan of regulatory issues in the industry (NCC, FIRS, LIRS) for changes

Knowledge, Skills and Behavior required to succeed in Role:

• First degree in Accounting/Economics/Finance or any other related discipline
• Professional certification like ACA, ACCA, is required or Professional Internal Audit qualification
• Minimum 5 years relevant experience in internal audit
• Minimum 3 years in the telecommunications industry
• Work across diverse cultures and geographies advantageous
• Strong financial management skills
• Very good interpersonal and presentation skills