Head, Internal Audit and Compliance Job at the Concept Group

The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Financial Intermediary and Equipment Leasing Company, Concept Nova - Bespoke Enterprise IT Solutions Company, Percy Aitkins - Bureau De Change.

We are recruiting to fill the position below:

Job Position: Head, Internal Audit and Compliance

Job Location: Yaba, Lagos
Employment Type: Full-time

Job Summary

• The Head, Internal Audit and Compliance ensures alignment with industry and regulatory best practices, overseeing internal audit and compliance functions across the Group’s business.
• Responsible for systematic examination and evaluation of internal policies, procedures, and controls, the role involves recommending corrective actions and informing the Board of Directors on critical issues and operational violations.
• This is a pivotal "keep in view" role that holds strategic importance.

Duties and Responsibilities

• Provide assurance to Executive Management and the Board on risk management, internal controls, and compliance.
• Continuous review and assessment of policies, procedures, and processes, identifying improvement opportunities.
• Manage activities with relevant departments and ensure execution of the yearly audit plan.
• Prepare quarterly audit reports, coordinate substantive and compliance tests, and actively participate in policy reviews.
• Design departmental goals, supervise staff, ensure efficiency, and appraise established policies and procedures.
• Supervise detailed audit procedures, investigations into fraudulent practices, and adherence to policies and procedures.
• Define the strategic direction for Internal Audit, ensuring timely regulatory returns and communication on Internal Control matters.
• Coordinate periodic reviews, follow-ups on audit recommendations, and supervise internal audit staff.
• Represent the company externally, monitor regulatory changes, and provide training on compliance procedures.
• Develop control systems, oversee compliance with national and international laws, and assess company operations for compliance risks.

Key Performance Indicators

• Number of quality assurance programs implemented.
• Internal audit risk assessments conducted annually.
• Recommendations accepted and implemented.
• Timeliness and quality of reports.
• Percentage of audit plan completion within stipulated time.
• Delivery of operations in accordance with the approved budget.

Qualifications / Requirements

• Bachelor’s Degree in Accounting, Finance, or a related field.
• Minimum of 8 years of experience in a senior-level Internal Auditor position.
• Professional qualification of ACA/ACCA, CIA.
• Strong knowledge of internal audit standards, ethics, fraud awareness, and risk assessment.

Skills / Competencies:

• Excellent communication, analytical, and reporting skills.
• Advanced computer skills and strategic thinking.
• Goal-oriented with strong leadership abilities.
• Ability to work under tight deadlines and in a multicultural environment.
• Strong initiative, discretion, and time management skills. This role is essential for the organization and should be kept in view for its strategic contributions.

Method of Application
Interested and qualified candidates should forward their Applications to: careers@conceptgroup-ng.com using the Job Position as the subject of the email.

Note: This is a "keep in view" role, holding strategic importance for the organization.