Abuja Electricity Distribution Company (AEDC) is one of the 11 power distribution companies that was successfully privatized and handed over to new investors on 1 November 2013.
KANN Utility Limited (KANN) is the 60% equity holders in AEDC. The Federal Government of Nigeria holds 40% equity in AEDC. AEDC has a franchise for the distribution and sale of el...
Read more about this company
The Internal Audit & Investigation Manager is responsible for overseeing the organization's internal audit program and leading investigations into potential fraud, misconduct, or policy violations.
This role ensures that financial, operational, and compliance controls are effectively designed and implemented, supporting the integrity, efficiency, and transparency of business operations.
Key Responsibilities:
Develop and implement a risk-based internal audit plan focused on distribution network operations, asset management, and financial integrity.
Conduct audits of technical operations, maintenance activities, billing accuracy, and procurement processes.
Lead investigations into fraud, theft of electricity, employee misconduct, or breaches of company policy.
Evaluate the adequacy and effectiveness of internal controls, risk management practices, and governance systems.
Prepare comprehensive audit and investigation reports with actionable recommendations.
Liaise with Executive management, Regulators, and External Auditors to ensure compliance with Industry and Statutory requirements.
Promote ethical conduct, transparency, and continuous improvement across all business units.
The role also involves coordinating with other relevant stakeholders such as Legal, Regulatory and External auditors to strengthen governance and risk management frameworks.
Qualifications & Experience:
Minimum of a Bachelor's Degree or its equivalent in relevant fields such as: Accounting, Finance, Economics, Business Administration, Electrical Engineering or any related field
Must be accredited by at least one of these professional bodies.i.e. Institute of Chartered Accountants of Nigeria (ICAN); Association of Chartered Certified Accountants; Certified Internal Auditor (CIA).
At least 10 years post NYSC working experience.
Experience in utilities or energy sector auditing, preferably in electricity distribution or transmission.
Strong understanding of regulatory frameworks, operational risk, and asset management in power utilities.
Must have a deep understanding of auditing standards, corporate ethics, and regulatory compliance.
Excellent analytical, investigative, and reporting skills.
Gmail
Yahoomail