Systems Auditor at Leadway Assurance Company

Job Purpose Statement

Conducts evaluation of the company’s information system, internal controls and management procedures to ascertain accuracy, validity, effectiveness of controls, system reliability and data integrity.

Collects and evaluates evidence of the organization's information systems, practices, and operations to ensure whether the organization's information systems safeguard assets, maintains data integrity, and are operating effectively and efficiently to achieve the organization's goals or objectives

Key Accountabilities (Duties and Responsibilities)

Perspective

% Weight

Output

Financial

20%

• Identifies risks and weaknesses inherent in the company’s business processes, electronic transactions and make recommendations to management, on appropriate controls to put in place for prevention of fraudulent activities and revenue leakages.
• Deploys appropriate CAATs for data analysis, with the aim of identifying unusual transaction, and confirming data integrity.

Internal business processes.

53%

• Planning, managing and executing of IT internal audit procedures and the creation of internal audit reports on network security issues, secured application development, change management, database security, physical/server room security, user access rights management, incident and problem management, log management, business continuity and disaster recovery planning, etc.
• Conducts periodic business Applications reviews & Systems Interactions Audit to ascertain effectiveness of controls, level of system reliability and data integrity.
• Collaborate with project teams within the company/group and provide system review services and assistance to external auditors and other professionals that may be engaged by the company from time to time. Provides technical support and takes active part in cross-training with financial auditors, internal controls and ERM teams.
• Ascertains adequacy of and compliance with standards for system development, programming and analysis, data security and control, users’ procedures and system documentation.
• Take part in major IT initiatives and projects as well as in reviews of security systems and internal controls under development
• To ensure audit work plan is executed as planned
• To ensure work done is appropriately and completely documented.
• To ensure resolution of identified exceptions with prompt closure

Customer

16%

• Carries out periodic readiness test of disaster recovery arrangement and ascertains adequacy of back-up methodologies and contingency plans.
• Participate in the preparation of periodic report to MANCOM and Board Committee.
• Foster no surprises to management and the audit committee by ensuring that management and the audit committee are kept abreast of Governance, Risk and Compliance issues.
• To provide assurance to concerned third parties on the authenticity of documents issued by Leadway to its customers.

Learning and growth

12%

• Have knowledge-sharing culture that encourages IA team to work, collaborate and also execute a training session where IA team is educated and share knowledge.
• Participate in monthly peer group learning (PGL)

Job Dimensions Reporting Relationships: jobs that report to this position directly and indirectly

Direct Reports

•   Audit Trainees, Interns, Etc.
•    Indirect Reports

 NA

Stakeholder Management: key stakeholders that the position holder will need to liaise/work with to be successful in this role.

Internal

• Management team
• Various functional heads within the business divisions
• Employees across all cadres

External

• Regulator (NAICOM, NFIU, and EFCC)
• Third Parties (e.g. customers, brokers )

Decision Making Authority /Mandates/Constraints: the decisions the position holder is  empowered to make

• The role holder has responsibility for the execution of IA work plan.
• Also, the role holder provides significant support to actualize IA monthly knowledge sharing session.
   

Work cycle and impact: time horizon and nature of impact (Planning)

This role has work cycle and impact grouping:

• Work cycle: Annual Audit engagements, this takes responsibility for the execution of the scheduled tasks in IA work plan to meet department objectives.
• Impact: Provides assurance to the management and board on the Risk, Governance and control.

 
Qualifications
 
Ideal Job Specifications

Academic:

• Possess Bachelor’s degree in Computer Science, Information Systems, or in other related field.
• Possess any of the recognized certification in the industry, such as the Certified Information Systems Security Professional (CISSP) or the Certified Information Systems Auditor (CISA).

Desired work experience and skills:

• Possess at least 5 years of experience directly related to the duties and responsibilities specified.
• Knowledge of ACL is an added advantage