Internal Audit Officer Job at Winrock International

Winock is a holdings company incorporated in Nigeria to provide an ecosystem of sustainable services to micro businesses through duly registered and licensed subsidiary companies. We are inspired to provide services to micro businesses because they contribute significantly to economic sustainability and social wealth creation.

We are recruiting to fill the position below:

Job Position: Internal Audit Officer
Job Location: Abuja (FCT)
Employment Type: Full-time

Job Description

• This role functions as an assistant to the Head of Internal Auditor and includes all auditing tasks under the supervision of the Head of Internal Audit for the subsidiary and the Group Internal Auditor.

Job Responsibilities

• Provide support to the Head of Internal Audit in collation of audit requirements as specified from time to time.
• Evaluate the various procedures and processes that entail weekly, monthly, quarterly and annual audit in the organization.
• Ensure proper audit controls and compliance at all levels and departments in the organization.
• Inspect for accuracy of policy procedures being followed in various departments.
• Point out loopholes in the policies and procedures and bring it to the notice of the Head of Internal Audit within the least possible time frame allotted.
• Maintain the database of all the internal and external auditors including the various reports that need to be submitted to each auditor on a regular basis.
• Develop and submit audit budget under the guidance of the head of internal audit and implement the same on approval of the board of directors of the organization.
• Ensure compliance of all the audit procedures and policies followed by the organization according to the category specified by the audit department.
• Keep track of the annual tax audit and collate information into other audit procedures without fail.
• Verify various financial statements such as balance sheet, income statement, assets and liabilities statement and equity statement on a quarterly basis and submit a report to the head of audit.
• Ensure compliance of fraud control policy available in the organization apart from providing suggestions for improving the same periodically.
• Carry out pre-audit checks in preparation for external audits.
• Develop a tracker to be regularly sent to the implementers with regular monitoring after each audit report.
• Ensure report shows presentation of any identified gaps, inconsistencies and recommendations for improvements;.
• Ensure stakeholders are aware of the audit findings by circulating audit reports to management of each department.
• Ensure and assist on improvement of audit document quality.
• Check to ensure all the audit documents presented from various departments in preparation for external audits are in order.
• Support in the performance of internal control reviews (Spot checks) of in-country processes including cash management, procurement, logistics, Human Resources and stock management including, assets management and coordinate with the relevant departments to correct weaknesses and improve controls as needed.
• Support the Head of Internal Audit in quality and frequency of controls.
• Report any identified gaps, inconsistencies and provide recommendations for improvements.
• Perform other tasks as assigned by Head, Audit & Compliance.

Requirements & Skills

• Degree in Accounting, Finance, or any other related field, with relevant certificates and professional membership
• Minimum of 3 years cognizant experience with other relevant professional certifications
• Demonstrated skills, knowledge and experience in auditing; internal audit standards, ethics and fraud awareness
• Strong analytical and documentation skills
• Experienced in recommending Results / Corrective Actions.

Functional Competence:

• Great sense of responsibility and accountability
• High level of integrity and ethical standards
• Excellent interpersonal and communication skills both written and verbal
• Well groomed, neat and always presentable
• Ability to develop effective client relationship
• Previous experience working with ISA and IFRS reporting standards
• Experience with auditing clients from various sectors and sizes
• Ability to present client’s data in clear and concise format
• Excellent leadership skills to inspire, motivate and guide subordinates
• A strong team player who encourages others to contribute ideas and suggestions
• Highly confident, bold and of positive disposition
• Ability to travel outside Abuja when required
• Past experience in practice management
• Ability to evaluate internal control systems, identify shortcomings and recommend suitable changes.
• Knowledge and application of CAMA 2020 and current finance Acts
• Outstanding analytical and time management skills
• Proficient use of IT and emerging technology.