Internal Auditor at Bradfield Consulting

Salary: ₦200,000 NET and above, depending on experience

Job Summary

The Internal Auditor will be responsible for conducting financial and operational audits across the school\'s various departments and business units to ensure effective internal controls, financial accountability, regulatory compliance and proper utilisation of institutional resources.

The successful candidate will evaluate financial transactions, operational processes, inventory records and departmental activities, identify control weaknesses and potential risks, and provide practical recommendations to improve efficiency, transparency and accountability across the institution.

Key Responsibilities

Financial and Operational Auditing

• Conduct regular financial and operational audits across the Accounts Department, Unit Stores, School Transport/Bus Run, Tuckshop, Procurement and other assigned departments.
• Review financial records, transactions, income, expenditure, payments, reconciliations, budgets and supporting documentation to ensure accuracy and proper accountability.
• Examine revenue-generating activities, including school fees, transport services, tuckshop operations and other income streams, to identify revenue leakages and ensure proper reporting.
• Verify cash balances, financial records and transactions against approved accounting records and supporting documents.
• Review procurement activities and vendor transactions to ensure proper authorisation, competitive pricing, adequate documentation and compliance with established procedures.

Internal Controls, Compliance and Risk Management

• Review existing internal controls to ensure that institutional funds, inventory, assets and other resources are adequately safeguarded.
• Monitor compliance with approved policies, procedures, budgets, management directives, statutory requirements and delegated authorities.
• Conduct physical verification and reconciliation of cash, inventory, fixed assets and other institutional resources against accounting records and approved systems.
• Identify control weaknesses, financial irregularities, operational inefficiencies and potential risks, recommending appropriate corrective measures.
• Conduct scheduled audits, surprise audits, spot checks and follow-up reviews across the school\'s various departments.
• Analyse financial data and system-generated reports to identify unusual transactions, discrepancies, duplicate payments and other exceptions.

Audit Reporting, Investigation and Recommendations

• Prepare clear, accurate and evidence-based audit reports highlighting findings, identified risks, financial implications and practical recommendations.
• Follow up on audit findings and recommendations to ensure that agreed corrective actions are implemented within stipulated timelines.
• Conduct investigations and special audit reviews into suspected financial irregularities, control breaches or other matters assigned by the Head of Internal Audit.
• Maintain proper audit documentation, working papers and supporting evidence for all audit activities and conclusions.
• Provide advisory support to Management and relevant departments on improving operational processes, financial controls, policies and procedures.
• Promote accountability, transparency, operational discipline and responsible management of institutional resources.

Operational Efficiency and Corporate Governance

• Evaluate the efficiency and effectiveness of departmental operations, particularly Accounts, Stores, Procurement, School Transport and Tuckshop.
• Assess the adequacy of existing procedures and recommend improvements to strengthen operational efficiency and reduce wastage.
• Support effective corporate governance by ensuring appropriate authorisation, accountability and compliance across the institution.
• Perform other audit-related duties and special assignments as may be directed by the Head of Internal Audit.

Required Skills

The successful candidate should demonstrate strong analytical, financial and investigative capabilities, with the ability to identify control weaknesses, assess operational risks and promote accountability.

Key areas of competence include:

• Strong knowledge of financial and operational auditing principles and procedures.
• Good understanding of internal controls, risk assessment and compliance monitoring.
• Ability to review financial statements, accounting records, reconciliations and supporting documentation.
• Strong analytical and investigative skills, with attention to detail and accuracy.
• Knowledge of inventory verification, stock reconciliation and asset management.
• Good understanding of procurement processes, revenue monitoring and expenditure controls.
• Ability to identify financial irregularities, discrepancies and potential revenue leakages.
• Strong report-writing, documentation and presentation skills.
• Proficiency in Microsoft Excel and other relevant accounting or audit software.
• High level of integrity, confidentiality, objectivity and professional ethics.
• Strong communication, interpersonal and problem-solving skills.
• Ability to work independently, conduct surprise audits and engage effectively with different departments.

Experience & Qualifications

• B.Sc. in Accounting or Economics.
• Minimum of 2 years post-NYSC relevant work experience in internal auditing, external auditing, accounting or financial control.
• Previous experience conducting financial and operational audits is strongly preferred.
• Practical knowledge of internal controls, financial documentation, reconciliations and compliance procedures.
• Experience reviewing departmental operations, inventory, procurement and revenue-generating activities is an advantage.
• Previous experience in the education sector or a structured organisation is desirable.
• Must not be more than 35 years of age.