• Application Deadline: Tue, 19 Nov 2024 00:00:00 GMT
• Position: Team Lead Subsidiaries Audit



• Job Type Full Time



• Qualification BA/BSc/HND , MBA/MSc/MA



• Experience 10 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

DUTIES & RESPONSIBILITIES

• Manages the risk-based internal audit review of Subsidiaries and ensures compliance with approved plans.


• Supports in executing effective risk assessment of the various businesses/subsidiaries and provides input into the annual/quarterly audit plan for Board approval. 


• Provides first line support for the Unit Head, Subsidiaries Audit to conduct a risk-based audit that ensures focus on strategic areas of the Business.


• Assists in developing a systematic and disciplined approach for the Unit’s internal audit performance standards by evolving process improvement frameworks.


• Supervises Team Members on Audit assignments and provides first level quality assurance review of team output and ensure knowledge sharing and on the job coaching of team members 


• Continually assesses, evaluates, and reports to the Unit Head, Subsidiaries Audit on emerging issues, industry trends and events affecting the Bank and Subsidiaries to enable the development of pro-active controls and monitoring mechanisms.


• Coordinates and provides leadership, guidance and support to the team in achieving the engagement timelines and budget. 


• Oversee the activities of team members in the implementation of the Audit Terms of Reference and ensure meeting up with the reporting deadline. 


• Develops and communicates Draft Audit Terms of Reference to Auditees’ Management and participate in formal audit meetings (including kick off and close out) with clear timelines.


• Examines and evaluates the adequacy and effectiveness of the system of internal controls in Subsidiaries.


• Monitors departments’ Profit & Loss account heads; Review of general ledger balances; review of processes, policies and procedures, conducts special Investigation and report breaches.


• Reviews the reliability and integrity of financial and operating information and evaluates techniques used to identify measures, classify and report such information.


• Reviews team members’ process documentations, walkthrough documentation, Test procedures work papers and implements quality assurance and improvement programs.


• Coordinates the preparation of audit work plan, issue summary log and draft audit report.


• Engages Heads of departments and Unit Heads of Subsidiaries to ensure efficiency and effectiveness of audit sessions and follow-up


• Represents the Internal Audit Department/Head Subsidiaries on special projects 


• Engages Management of Bank / subsidiaries and act as liaison between audit department and auditee to ensure effective flow of communication. 


• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First Degree/HND in any discipline plus Professional certification, ACA, ACIB etc.; Higher Degree (nice to have)

Experience

Minimum experience – 10 years in Audit, Internal Control, Banking Operations and Credit