Internal Audit Assistant at FBNInsurance

Location: Onikan, Lagos
Employment Type: Full-time
Reports to: Head, Internal Audit
Supervises: N/A

Role Objectives

• The Internal Audit Assistant will provide support to the audit department by assisting with financial, operation, and technology audit functions under the direction of the HIA.

Responsibilities

• Periodically analyze and interpret financial and operational data and present reports on trends.
• Discuss audit findings with HIA and prepare written audit observations.
• Collaborate with other departments to suggest solutions to reduce risks presented by control gaps and failures.
• Communicate audit results and recommendations through audit reports that are sent to HIA
• Complete and maintain audit records, including the department’s audit recommendation tracking system in conjunction with HIA as required.
• Enforce health and safety regulations within the head office and branch offices.
• Plan, coordinate, and carry out ad hoc project work as directed by the Head of Internal Audit.

Key Performance Indicators

• Timeliness in the preparation of periodic Audit reports to HIA.
• Total No. of Audit initiated for each department/visit to branches in a year.
• % of key processes documented and reported to HIA.
• % of Audit Plan prepared for branches and other departments.
• Consistency in communicating compliance issues to relevant departments.
• Timely rendition of reports on all compliance issues including the Anti-money Laundering Act to HIA

Qualifications

• A Bachelor’s Degree in Accounting while a master’s such as MBA (Finance Major) will be an added advantage.
• 5 years of related work experience, with at least 2 years in an Internal Audit role or equivalent.
• Professional Membership: Certified membership of ICAN or ACCA is a MUST within 2 years of hire.
• Grade Alignment: (Superintend – Assistant Manager)

Competence Requirements:
Core Skills:

• Expert skills in auditing techniques, accounting, and management principles.
• Ability to provide high-level and detailed perspectives of audit issues
• Must understand and be conversant with NAICOM Laws and practices.
• Experience in budget planning and implementation would be advantageous.
• P/C personal productivity tools such as Microsoft word, Excel, PowerPoint, Outlook

Generic Skills:

• An Ideal FBNIB person MUST be/have Innovative (Disruptive and Creative in solving Problems)
• Integrity (Inspire trust and confidence in customers and co-workers)
• Respect (For self and others)
• Customer-Centric (Empathetic and Focused on Customer
• Attention to detail.
• Strong Analytical and documentation skills.
• Experienced recommending results/corrective Actions
• Proficient in planning and conducting audits
• Team-leading skills
• Organization and planning.