Internal Auditor at The Central Securities Clearing System (CSCS) Plc

Job Description

As an Internal Auditor, you will assess compliance with financial regulations and controls by reviewing and testing financial statements, documents, data and accounting entries.

• Reports the results of audit work to enable improvement in internal control and to provide assurance to CSCS
• Reviews issues log to verify the timeliness of resolution in line with existing SLA with users/customers
• Ensures invoices are promptly raised and accurately computed for all services rendered
• Maintains a broad understanding of financial and accounting processes, systems, controls and frameworks for the purpose of carrying out Financial Systems Audit
• Verifies bonds on auction and the volume of each bond being offered
• Verifies CBN debits accounts of PDMMs with naira equivalent for successful and failed bids account with CSCS
• Verifies documents and signatures from Registrars Brokers, and special account holders.
• Ensures the stocks and the accounts to be debited and credited are done appropriately
• Ensures that all target accounts for inter-member transfers are closed after movement 
• Understands the risk, control and governance arrangements of CSCS and how these relate to the work of internal audit
• Ensures appropriate control exists over the main financial reporting system
• Assesses the criticality of frequently reported system issues /complaints
• Evaluates and obtains assurance that relevant security features have been enabled and parameters have been set consistent with best practice
• Monitors CSCS’ employees, processes and operation to ensure adherence to regulatory, business and organizations policies
• Ensures strict conformity to the amortisation policy in place
• Confirms compliance with company policies on procurements
• Validates and assesses the level of compliance to legislation, accurate deduction and remittance, disclosure and presentation of tax proceed

Requirements

• Minimum of a university degree in Accountancy, Finance, Business Administration or any other relevant discipline from a reputable institution.
• Professional membership in the industry is required e.g. Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) Associate, Risk Managers of Nigeria Lead Auditor, PECB Certified ISO/IEC 27001 Lead Auditor Associate – Business Continuity Professional (ABCP) is required.
• Minimum of five (5) years’ post-graduation experience in audits and accounting.
• Awareness of statutory financial reporting, GAAP and IFRS.