Internal Audit Specialist at FrieslandCampina

• The primary responsibility of the Internal Audit team is to provide assurance to the Board, executive management and Statutory Audit Committee on the effectiveness of the risk management processes and the internal control systems in  the organization.
• The Internal Audit Function is set up in accordance with the requirement for publicly listed companies as detailed in the Nigeria Code of Corporate Governance, the Security & Exchange Commission and the Financial Reporting Council of Nigeria.
• The Internal Audit scope extends to the Cluster for business support and investigation of non-compliances.
• The Internal Audit Department adheres to the International Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors (IIA).

What we ask

• 5+ years of audit and business experiene, including risk-based internal audit experience with sound knowledge of internal control concepts and auditing techniques.
• FMCG Work Experience
• Qualified Accountant (ACA/ ACCA/CIMA)
• Possess other  relevant certification (Certified Internal Audit (CIA), CISA, CRMA or CFE) is desirable.
• Knowledge of SAP
• Knowledge of IFRS
• Strong presentation and communication skills (good verbal and written English);
• Proven ability to work effectively with a diverse range of people, at all levels, with different functional skills, cultures, and personalities;
• Data Analytics experience (ability to quickly assimilate and synthesise complex data and information into fact-based observations

Job Description

Audit Planning and Execution

• Conduct Internal audits and ensure the performance of the internal audit engagement is in accordance with Global IIA standards, audit program and budget.
• Assist with the development of the annual risk-based audit plan
• Evaluation of internal controls encompassing the following:
• The effectiveness and efficiency of Operations
• The reliability and integrity of financial and operational information
• Safeguarding of assets
• Compliance with laws and regulations.
• The information systems environment.
• Conduct end-to-end review field work, based upon work programs, in close cooperation with an internal audit (senior) manager, consisting of:
• Interviews with supervisory and line personnel within various disciplines in order to establish the set-up of processes
• Discussing on observations with local process owners
• Develop and discuss findings and timelines for corrective actions with relevant stakeholders and functions audited
• Defining draft recommendations for resolution of identified issues
• Coordinate the audit work and ensure that the audit file  adequately supports the audit findings and conclusions reached
• Publication of Final audit reports after HIA approval
• Perform post audit review to determine the extent  to which audit recommendations have been implemented
• Perform special reviews requested by management, Audit Committees or based on emerging risks.
• Perform other duties as assigned by the Head, Internal Audit.

Investigation/Forensic Audits

• Prepare Quarterly Audit updates to the Board Audit & Risk Committee and act as the back up to Internal Audit Manager for presentations to the audit committees.
• Perform Fraud and Speak Up investigations as assigned.Ensure all investigation and forensic audits are performed in a conscientious manner incorporating careful application of professional standards and observation of relevant legal requirements and rules of professional conduct; and 

Added Responsibilities:

• Drive continued control consciousness and commitment to compliance with  policies and applicable law and regulation throughout the organisation;
• Identify opportunities to strengthen financial controls and improve operational efficiency and productivity;
• Share information and coordinate activities with other internal and external providers of relevant assurance and consulting services to ensure proper coverage and minimise duplication of efforts; and
• Train FCW Employees on Fraud Awareness, Risk Assurance and COMPASS (as a member of the COMPASS training team)