Plant Internal Auditor at Neveah Limited

Brief Job Overview

• We seek to hire a qualified, innovative, and pragmatic Plant Internal Auditor for its Aluminum and Copper Ingots Manufacturing Plant.
• The Factory, which is based in Mowe [Lagos-Ibadan Express Way], Ogun state will primarily recycle a broad range of scrap materials and convert them to usable Aluminum and Copper Ingots for different manufacturing purposes.
• We are looking for a Plant Internal Auditor to join our team, the main role of a Plant Internal Auditor is to implement the factory’s internal control system.
• To achieve this, you will administer training to ensure that employees have an intricate understanding of all internal control guidelines and standards. You will also conduct regular audits to verify whether departments follow the established procedures.

Responsibilities
The ideal candidate will (but is not limited to):

• Monitor and ensure Company-wide compliance with generally accepted accounting principles (GAAP) and company procedures Manager relationships with a company's investors, partners, and other external stakeholders.
• Provide timely and effective communication of audit results and the status of outstanding issues to management, the Audit Committee, and regulators.
• Plan and execute all aspects of audit activities including risk assessments, audit planning, audit testing, control evaluation, audit reporting, work paper documentation, and verification of issue / action plan closures.
• Build internal audit function within the Company including coordinating a smooth transition from current externally run internal audit function.
• Develop and execute a risk-based operational audit plan, including tracking audit findings through to remediation assessing impact of findings on internal control environment and impact, if any, on financial statements.
• Develop and execute a risk-based operational audit plan, including tracking audit findings through to remediation assessing impact of findings on internal control environment and impact, if any, on financial statements.
• Plan and execute all aspects of audit activities including risk assessments, audit planning, audit testing, control evaluation, audit reporting, work paper documentation, and verification of issue / action plan closures.
• Build internal audit function within the Company including coordinating a smooth transition from current externally run internal audit function.
• Develop and execute a risk-based operational audit plan, including tracking audit findings through to remediation assessing impact of findings on internal control environment and impact, if any, on financial statements.
• Managing the audit team so it is resourced with appropriately skilled personnel.
• Acting as a role model for the Global Markets team and the wider GA team.
• Supervise day-to-day operational audit work and contribute to the delivery of audits (including risk assessment profiles and business monitoring).
• Plan audits documenting activity flows of the processes to be reviewed, identify risks and the key actual controls in place to mitigate the identified risks and attend meetings with internal stakeholders as and when required.
• Supervise and ensure daily reviews and reconciliation of financial records and supporting documents.
• Supervise and carry out periodic inventory count at all Neveah's warehouses.
• Preparation of the Annual Internal Audit Work Plan.
• Assist in developing an annual budget based on the planned activities of the Internal Audit function.
• Ensure the implementation of audits plan.
• Review financial reports from External Auditors; conduct follow-up visits to Government Agencies in line with the report and annual audit plan or as the need arise.
• Assist in the review and optimization of all company's assets, consumables, and operational cost; carry out assets verification exercise by regularly interfacing with the Administrative and Logistics Management Department.
• Assist in coordinating and ensure that all recommendations contained in the Audit Report are implemented and monitored adequately.
• Assist in highlighting areas where risks are not identified or where risk management processes could be improved.
• Review and prepare report within stipulated Turn around Time for all operational processes or transactions.
• Assist in the preparation and submission of Quarterly Board Audit Reports
• Support Regulatory Audit: ensure regulators get the required Internal Audit support to complete audit procedures.
• Assist in investigations to ascertain the facts of fraud, irregularities, malpractices, and employee malfeasance and provide remediation steps and investigation report.
• Other duties as maybe assigned.

Key Deliverables

• Control Environment: Ensure compliance with the policies, procedures, standards, processes, and ethical values set forth by the Firm’s Management Team.
• Risk Assessment: Determine the impact and likelihood of risks in the firm occurring and influence what types of controls should be implemented to reach an acceptable level of residual risk.
• Control Activities: Ability to assign system access based on the user’s established role and reviewed periodically by the individual’s manager.
• Information and Communication: Ensure that employees are well-informed about internal controls. This includes disseminating relevant information throughout the organization and to external stakeholders on time. Facilitate effective communication channels, ensuring that employees understand the controls in place, know how to execute them, and are equipped to address any identified issues.
• Monitoring: The continual evaluation of the design and functionality of internal controls. Conduct ongoing assessments to ascertain whether internal controls are operating as intended. Verify the effectiveness of controls, identify areas for improvement, and provide recommendations to enhance control mechanisms.

Qualifications

• A qualified chartered Accountant with 8 - 10 years of experience as an Internal Auditor / Internal Audit Manager in a reputable organization.
• Manufacturing Industry Experience is an added advantage.
• Knowledge of ISO 9001:2015
• Knowledge of auditing standards and procedures, laws, rules, and regulations
• Should possess strong analytical skills, Strategic thinking & Leadership abilities.
• Ability to communicate effectively will be an enhancer for this role especially as a Lead.
• Membership with relevant bodies;ICAN, ACA, IIA

Required Competencies:

• Technical accounting skills.
• Mastery of accounting principles.
• Solid knowledge of relevant regulatory standards.
• Good communication skills, both verbal and written.
• Excellent data collection and analysis skills.
• Strong attention to detail.
• Ability to manipulate large amounts of data and compile detailed reports.
• Proven knowledge of auditing standards and procedures, laws, rules, and regulations.
• High attention to detail and excellent analytical skills.
• Sound independent judgment.
• Multi-tasking skills, with the ability to prioritize tasks.