Position Title: Internal Audit and Risk Manager
Location: Lagos
About the Company:
A startup Shariah-compliant finance organisation with a tradition of excellence in supporting people.
Position Summary
Audit and Risk is an independent and objective assurance and advisory activity designed to add value and improve operations.
It assists management and the Board to accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of governance, risk management and internal control processes.
The Internal Audit and Risk Manager will play an integral role in driving financial performance and influencing organisational culture in line with the innovative and strategic direction of the Board.
The position will work closely with the Senior Management Team and reports to the Chairman of the Board.
Key Responsibilities
- Developing, documenting implementing, testing and maintaining a comprehensive internal audit plan and system of internal controls to help provide assurance that applicable laws, regulations, and policies and procedures are complied with judiciously.
- Evaluate control environment including soundness of financial and operating controls around various Departments and provide recommendations on existing policies and procedures.
- Identifying and assessing areas of significant business risk within EMS systems.
- Identifying and reducing all business and financial risks through effective implementation and monitoring of controls.
- Providing accurate analysis and reports on the overall operational performance of the business units.
- Conduct ad hoc investigations into identified or reported risks.
- Recording, reviewing and interpreting data to determine the effectiveness of operations.
- Providing the Audit & Risk Committee, Board and management with an independent and objective assessment of the adequacy, effectiveness and efficiency.
- Ensure complete, accurate and timely audit information is reported to Management and/or Risk Committees.
- Notifying management the Audit & Risk Committee and the Board of any material internal control deficiencies.
- Maintaining adequate levels of independence from business operations.
- Foster and support team spirit and co-operation through open and honest communication and sharing of ideas.
- Ensure all audit action plans are followed up to ensure timely mitigation of risk plans-
- Assisting management to investigate fraud, identify the risks of fraud and develop fraud prevention and monitoring strategies, and notifying management and the Audit & Risk Committee of the results.
- Promote corporate assurance by educating for awareness on matters such as fraud and corruption to minimise opportunity for fraudulent and or corrupt actNities across the business.
- Providing continued education and advice to different business units and teams regarding compliance and risk assessment
- Conduct follow up audits to monitor management’s interventions.
- Reporting audit findings and recommending improvements.
- Helping external auditors to ensure the adequacy of overall audit coverage and ta minimise duplication of effort.
- Demonstrate accountability by taking responsibility for actions, outcomes and deliverables, displaying commitment to work, and handling issues with minimal guidance.
- Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.
Selection Criteria
- Bachelor’s degree in Accounting, Business Administration or Finance.
- CPA strongly preferred, with at least 3years subsequent relevant experience.
- Proven working experience as Internal Audit and Risk Manager or similar job in Islamic banking.
- Ability to manipulate large amounts of data and to compile detailed reports.
- Demonstrated understanding of audit planning and analysis with a high-level numerical proficiency and accuracy.
- Demonstrated ability to implement contemporary management practices to achieve business goals and objectives, in particular those related to the internal audit.
- High level written, electronic and verbal communication skills with the ability to liaise efficiently and effectively with a Board, CEO, managers, external bodies, and stakeholders
- Proven familiarity and competence with MSOffice, professional software applications and management information systems (financial software, etc.).
- Superior problem-solving ability and the ability to negotiate successful outcomes in potentially challenging circumstances.
- Excellent organizational skills and proven ability to balance different work priorities to meet deadlines.
Salary: N200,000 to N250,000.
Deadline: May 20, 2023.
Job Types: Full-time, Permanent
Salary: ₦200,000.00 - ₦250,000.00 per month
Ability to commute/relocate:
- Abuja: Reliably commute or planning to relocate before starting work (Required)
Application Deadline: 20/05/2023
