Overview

We are a dynamic Human Resources and Management Consultancy firm that serves companies across Nigeria and Africa. From HR Department Setup, Manpower Outsourcing, Recruitment, Training and Development, Management Consultancy, and Career Development Programs. We are a one-stop shop to achieving a functioning well-structured organization

Our Client, a leading stockbroking firm based in Lagos, Nigeria is looking to hire a highly competent Internal Auditor to join our team and ensure the accuracy, compliance, and efficiency of our financial and operational processes.

Job Position: Internal Auditor

Job Location: Ikoyi, Lagos, Nigeria
Department: Internal Audit
Reports To: Board Audit Committee (Operationally); MD (Administratively)
Job Type: Full-Time

Job Description

  • The Internal Auditor will play a critical role in assessing and improving the effectiveness of our risk management, control, and governance processes. The successful candidate will bring a deep understanding of the financial sector, particularly stockbroking, and will be adept at identifying potential issues and recommending practical solutions.

Job Responsibilities
Audit Planning & Execution:

  • Develop and implement comprehensive audit plans covering all aspects of the firm’s operations.
  • Conduct financial, compliance, and operational audits to ensure adherence to regulatory requirements and internal policies.

Risk Assessment:

  • Identify and evaluate the firm’s risk areas and provide key input to the development of the annual audit plan.
  • Assess the adequacy and effectiveness of internal controls, particularly in relation to stockbroking activities.

Internal Controls:

  • Review and appraise the soundness, adequacy, and application of accounting, financial, and operational controls.
  • Ensure compliance with laws, regulations, and company policies.

Reporting:

  • Prepare clear, concise, and well-documented audit reports detailing findings and recommendations.
  • Present audit findings to senior management and the Audit Committee.

Follow-Up:

  • Monitor and evaluate the effectiveness of corrective actions taken to address audit findings.
  • Provide ongoing feedback and support to management regarding internal control improvements.

Continuous Improvement:

  • Stay updated on industry best practices, regulatory changes, and emerging risks.
    o Recommend innovative approaches to improve efficiency and effectiveness of the audit function.

Job Requirements

Educational Qualifications:

  • Bachelor’s degree in Accounting, Finance, Economics, or related field.
  • Professional certification such as ACA, ACCA, CIA, or equivalent is mandatory.

Experience:

  • Minimum of 5 years experience in internal auditing, preferably within the financial services sector.
  • Demonstrable knowledge of stockbroking operations and regulatory environment in Nigeria.

Skills:

  • Strong analytical and problem-solving skills.
  • Excellent verbal and written communication abilities.
  • Proficiency in audit software and Microsoft Office Suite.
  • High level of integrity and attention to detail.

Personal Attributes:

  • Ability to work independently and as part of a team.
  • Strong organizational and multitasking skills.
  • Proactive and self-motivated.
  • Capable of handling confidential information with discretion.

Key Performance Indicators (KPIs):

Audit Quality:

  • Number of completed audits versus planned audits.
  • Quality and clarity of audit reports and findings.
  • Timeliness of audit completion and reporting.

Compliance & Risk Management:

  • Effectiveness of internal controls and risk management processes.
  • Reduction in the number and severity of compliance breaches.
  • Implementation rate of audit recommendations.

Process Improvement:

  • Identification and implementation of process improvements.
  • Reduction in operational inefficiencies.

Stakeholder Engagement:

  • Feedback from senior management and the Audit Committee on audit performance.
  • Level of cooperation and communication with other departments.

Professional Development:

  • Continuous professional development through training and certifications.
  • Staying updated with regulatory changes and industry trends.

Salary and Benefits
Competitive and Negotiable

Application Deadline
20th of August, 2024

How to Apply
Only QUALIFIED candidates should send their resume and cover letter to mamu@ellaandblackassociates.com with the subject line “Internal Auditor Application”. Only shortlisted candidates will be contacted.

Tagged as: Accounting