Head Internal Audit/Control Risk Management at Maurice Xandra Solutions

Maurice Xandra Solutions

Date: 2 weeks ago

City: Lagos, Lagos

Contract type: Full time

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Company:
Location: Nigeria
State:
Job type: Full-Time
Job category:

Maurice Xandra Solutions is a management consulting company that renders quality services in Human Resource, Management and Process improvement. MXS Limited was set up to provide high quality, up to date training, team management and process improvement services for its clients.

Head Internal Audit/Control Risk Management

REPORTING RELATIONSHIPS

Reports To: Chief Executive Officer
Supervises: One Trainee

KEY TASKS

Ensure proper internal audit and control system
Implement risk management system
Investigate fraud within the organization
Carry out Audit activities and prepare reports

Responsibilities

Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organisation and define control measures to ensure compliance
Supervise the execution of the group’s control procedures on financial processes such as revenue collection, receivable and asset management, investments, international operations, etc.
Prepare/ review internal audit reports covering audit activities, findings and overall assessment of control environment.
Ensure all financial transactions are bona-fide, accurate and processed in line with established policies and procedures and coordinate the review of all payment vouchers to both internal and external parties.
Keep abreast of global and local best practice as it relates to the internal audit operations.
Establish and maintain relationships with key internal and external stakeholders.
Coordinate the review of business/ operating processes and practices and information systems to ensure the adequacy of existing controls as well as mitigate errors, irregularities and fraud.
Perform investigations into suspected fraudulent/sharp practices across the organisation and recommend the appropriate line of action in response to findings.
Investigate client complaints and provide reports on same
Prepare audit reports and advise units and committees on departure from policies, procedures, and other exceptions.
Prepare/compile agreed periodic activity and performance reports for the attention of the CEO and relevant Board Committee.
Good back up support on operation/ transaction reviews
Perform any other duties as assigned by the CEO/ Board.

KEY PERFORMANCE INDICATORS Financial Target

FD =N=
FX (S & P) =N=
RA =N=

Non -Financial Target

Savings on income leakages
Timely and discreet execution of investigations
Number of timely conducted audits
Reduced fraud cases
Comprehensive, clear, and constructive audit and fraud reports
Reduced number of mitigated risk
Minimum exceptions found by external auditors

Competence Requirements

Core Skills:

Knowledge of audit techniques and methods required
Knowledge of corporate governance practices
Knowledge of finance, accounting, budgeting, and cost control principles
Ability to analyze financial data
Ability to read large volumes of documents effectively and extract necessary information
In-depth understanding of the organization’s business issues
Communication & Presentation
Good report writing skills
Negotiation
Working knowledge of Microsoft Office Suite & the Internet

Generic Skills

Team work
Integrity
Pro-activity
Detail orientation
Interpersonal
Time Management
Organisation

Qualifications And Skills/Background

Qualification

First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc), MBA or Master’s degree in Finance or Accounting required

Minimum Experience

8 years relevant experience of which at least two (2) years must have been spent in a similar role in the financial services industry