• Application Deadline: Fri, 14 Feb 2025 00:00:00 GMT
• Position: Internal Auditor / Compliance Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience



• Location Lagos




• City Ikeja




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• Our client is an International Hotel and currently operates in the high brow area of Ikeja.


• Our client urgently requires the services of an Internal Auditor/ Compliance manager who is a Graduate in Accounting and has a minimum of 5 years relevant experience, The ideal candidate must have worked in similar capacity in a standard Hotel.


• A candidate who is in the final stage of qualifying as a Chartered Accountant and lives around Ikeja or other close by vicinities will have an advantage. Possesion of a higher degree will also be an advantage

Functional Responsibilities

Your duties shall include but not limited to the following:

• Responsible for the development of policies and procedures, ensurestheir implementationand monitor compliance.


• Keep the Hotel from engaging in potentially illegal or unethicalactivities.


• Reviewsexisting accounting andfinancial controls, insurance policiesand other legalcompliance process


• Communicates urgent changes immediately with department managers and staff.


• Works with human resources to update policy manuals and other documentation to ensureimmediate compliance by all staff involved.


• Conducts regular internal audits and reviews to assess the compliance ofAccountingdepartments and individual employees.


• Check to ensure that all payments are properly reconciled and posted to the right ledger


• Reviews processes and records to see that accountantsare operating in line with generallyaccepted accounting principles, laws,industry,and company standards.The results ofthereviews are shared with managers to aid in feedback,training,and development to ensuregreater overall compliance.


• Addressesspecific trainingand development needs to fill compliance gaps.


• Conduct Market surveys to ensure that the prices and quality of items are right


• Formulatespolicies and procedures to improve internal controls,compliance,and efficiency.


• Leadsthe process for internal controls reviews


• Deliversadequate and timely reportson the internal control framework and controlsdeficiencies toensure appropriate communication, documentation, escalation to business partners, seniorleadership,and audit committee.


• Deliversadequate and timely action plans andmonitorsprogress to address and resolve controldeficiencies.


• Workscollaboratively with businessand process owners to implement and monitor remediationefforts that result from internal control assessments, ensuresthe effective implementation ofcorrective action.


• Identify and evaluate potential risks and vulnerabilities in financial and operational areas of the hotel. This may include areas such as revenue management, expense control, inventory management, and fraud prevention.


• Assess the effectiveness of internal controls in place to safeguard hotel assets, prevent errors, detect fraud, and maintain accurate financial records. This involves reviewing processes, policies, and procedures to ensure compliance with internal and external regulations and industry standards.


• Analyze financial data, including revenue reports, expense statements, and budget variances to identify trends, anomalies, and areas of improvement. Provide recommendations to optimize financial performance and increase efficiency in operations.


• Compliance monitoring: Ensure the hotel's compliance with applicable laws, regulations, and industry guidelines. This may involve monitoring tax compliance, health and safety regulations, labor laws, and privacy regulations.


• Conduct audits of various hotel operations to assess their effectiveness and efficiency. This can include front desk processes, housekeeping procedures, food and beverage operations, and procurement practices.


• Develop and implement procedures to prevent, detect, and investigate fraudulent activities within the hotel. This can include implementing controls, conducting surprise audits, and training employees on fraud prevention.


• Continuous improvement: Work closely with management to identify areas for improvement in processes, controls, and policies. Recommend and implement changes to enhance operational efficiency, mitigate risks, and promote best practices.