Head, Internal Control and Audit at Crossover Microfinance Bank Ltd

Job Objective:  To design and supervise the implementation of an effective internal control and audit framework for the bank.

To investigate all cases of non-compliance or infractions of internal policies, procedures and external regulatory standards as well as make recommendations to management as applicable.

Location: Ikeja, Lagos.

Responsibilities include:

• Design, revise or update appropriate internal control, audit & compliance strategy and framework for the bank.
• Plan and control audit activities in line with the overall business goals and objectives within the country
• Identify control lapses/policy inadequacies through investigations for process improvement
• Design audit work plan for the year and coordinate audit activities across regions
• Oversee activities of regional audit teams for maximum effectiveness
• Carry out spot checks on operational activities at branch, area and regional levels and take action on infractions or non-compliance issues
• Receive and review all monthly regional audit and control reports and identify issues for necessary action.
• Carry out periodic stocks and staff audit in all branches.
• Carry out periodic price verification and certification and certificate of payment vouchers
• Conduct periodic checks on payroll.
• Ensure the periodic reconciliation of transactions are carried out.
• Ensure that prompt investigation of frauds, forgeries, breach of policies and procedures and serious customer complaints are conducted and ensure necessary action is taken on the outcome
• Work with Finance department and external auditors to ensure successful conduct of a comprehensive audit exercise
• Make recommendation for policy amendments based on emerging issues in audit and internal control
• Appraises subordinates promptly and objectively, and follows up on action points resulting from the appraisal
• Takes responsibility for the training, coaching and mentoring of subordinates
• Perform other duties and responsibilities, as may be assigned by the Managing Director or by the Board

Education/Qualification:

• A good bachelor degree/HND in Accountancy, plus professional accounting certification. MBA or MSC will be added advantage.
• Minimum of 4 years relevant experience in a reputable firm, Experience in a microfinance bank setting in related role is an added advantage.

Skills & Knowledge

• Proficiency in Microsoft Excel and other Microsoft office programmes
• Knowledge of relevant accounting packages
• Knowledge of best practices in internal control and audit
• Knowledge of existing regulatory framework
• Strategic thinking
• Managerial and leadership skills
• Firmness
• Good oral and written communication skills
• Integrity
• Flair for details
• Team building skills