Head of Internal Audit

About the Role

An exciting opportunity has arisen for a motivated professional to lead the Internal Audit function at Wendernek Consulting Limited in Lagos, Nigeria.

Key Responsibilities

• Evaluate and ensure the development and implementation of strategic and annual audit work plans and budget for the Audit Unit
• Supervise the execution of performance, compliance, operational, and financial audits in accordance with appropriate standards
• Conduct audits and reviews of all transactions (financial and non-financial) to ensure strict compliance with the company's internal policies and procedures, while providing effective control measures
• Participate in the preparation of audit confirmations as requested by banks, financial institutions, companies, and establishments
• Identify key control points and system weaknesses during audits, and develop innovative recommendations for addressing issues, improving operations, and reducing costs
• Appraise and report on the reliability and application of the system of controls operating in the organization
• Oversee the evaluation of the effectiveness of the risk management and governance process and contribute to improvements
• Undertake special investigations at the request of Management and the Board
• Review and submit reports, including annual audit reports and quarterly reports on the execution of annual audit workplans
• Monitor the implementation of recommendations made in audit reports
• Ensure training, mentoring, and development of the audit team and liaise with the HR department toward developing a succession plan for the department

Required Qualifications and Experience

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline
• 8+ years of experience in auditing, finance, accounting, or operational risk in the financial services industry
• Professional qualifications such as ICAN or equivalent (advantageous)
• Solid understanding of risk-based audit methodologies, fraud detection, and control assessment