Internal Audit Officer at Heirs Insurance Ltd

Job Description

• This role will be responsible for conducting review and providing assurance on the adequacy and effectiveness of existing IT governance and process controls, IT infrastructures, security risk management, project and change management procedures towards improving on IT the risk management and control practices of the business.

Responsibilitie(s):

• Provide input into the annual audit planning process.
• Execution of the annual audit plan as assigned by the Head, Internal Audit
• Perform ad-hoc management requests/projects.
• Assist with performing “on-the-job” quality assurance.
• Rating of audit observations and obtaining management comments on audit observations.
• Prepare working papers for audits performed.
• Draft audit reports and clear review notes.
• Drafting audit programmes and performance control risk assessment as part of the audit planning process.
• Drafting and discussing internal control weaknesses from audited areas.
• Provide input into the department’s periodic reporting requirements.
• Follow-up of previous audit observations (internal, external auditor, and regulatory supervisor reports.
• Any other job assigned in pursuit of the achievement of the department's objectives.
• Assist with the annual risk assessment planning for selected business processes for approval by the Head of Internal Audit.

Qualification/Experience Requirement(s):

• Bachelors’ Degree or Higher National Diploma in any numerate/relevant or allied discipline (Accountancy, Banking, and Finance, Social Sciences, Business Administration, etc.).
• A Master’s degree in business administration (MBA) or a Master’s in Science (MSc) is advantageous
• Five (5) to six (6) years of cognate work experience in business process auditing and control within the financial service industry
• Strong accounting and finance background.
• Sound knowledge of governance, risk, and control best practices in the financial service industry and/or insurance sector.
• Relevant professional certifications from institutions such as the Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants Nigerian (ICAN), Institute of Internal Auditors (IIA), Chartered Institute of Insurance of Nigeria e (CIIN) etc