Head of Internal Audit

Responsibilities:

• Develop and execute a comprehensive internal audit plan in alignment with the objectives and regulatory requirements.
• Establish audit methodologies, procedures, and tools to ensure consistency and quality in audit processes.
• Identify and assess financial, operational, and compliance risks, providing actionable recommendations to mitigate them.
• Ensure adherence to internal policies, external regulations, and industry standards.
• Lead the execution of internal audits, including financial, operational, IT, and compliance audits, ensuring timely delivery of audit reports.
• Prepare detailed audit reports with findings, root causes, risks, and practical recommendations for process improvement.
• Present audit outcomes and insights to the Board Audit Committee and senior management.
• Build and manage a high-performing internal audit team, to foster professional development and ensure adherence to audit standards.
• Promote a culture of accountability, ethical behavior, and continuous improvement within the teams.
• Collaborate with department heads and management to address audit findings and implement corrective actions.
• Serve as the primary liaison with external auditors, regulatory bodies, and other stakeholders on audit-related matters.
• Monitor emerging risks and trends in the industry to enhance audit practices and frameworks.
• Recommend and implement best practices in risk management, controls, and governance.

Requirements:

• A degree in Accounting, Finance, Business Administration, or a related field.
• Professional certifications such as CIA, CISA, ACA, ACCA, or equivalent are required.
• A minimum of 7 years of progressive experience in internal audit, with at least 3 years in a leadership role.
• Strong knowledge of auditing standards, risk management practices, and corporate governance principles.
• Exceptional analytical and critical thinking abilities.
• Proficient in using audit software and financial systems.
• Excellent communication and presentation skills.
• Must be able to work collaboratively across departments and influence change.

Location: Lagos

Work Mode: Hybrid