Audit Coordinator at Oilserv Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 months ago

Additional Details

Job ID
128770
Job Views
108

Job Description






Job Summary




  • This position will be responsible for executing a risk-based audit plan to assess, report on, and make suggestions for improving the company’s key operational and financial activities and internal controls.

  • Additionally, work with limited supervision primarily as a leader of a team (normally 1 - 3 analysts) responsible for accomplishing all aspects of assigned reviews.



Job Details




  • Support the internal audit function in conducting audits, including planning, testing, and reporting.

  • Collaborate with departmental managers to understand their operations and identify areas of risk.

  • Assist in the development of audit plans and strategies that align with business objectives and regulatory requirements.

  • Identify and analyse risks and make recommendations for improvement.

  • Monitor and follow up on the implementation of audit recommendations and ensure corrective actions are taken.

  • Prepare reports for management on audit findings and recommendations.

  • Review and update internal policies and procedures to ensure compliance with regulatory requirements.

  • Maintain a strong understanding of regulatory requirements and changes that may impact the organisation. 

  • Supervise the audit team to ensure quality and on-time delivery.

  • Evaluate current audit procedures and recommend improvements.

  • Evaluate and enhance internal controls to improve operational efficiency.

  • Discuss with management about audit observations, recommendations, and actions to be taken.

  • Prepare clear and complete audit work papers and store them in the department repository.

  • Review audit work papers prepared by the audit staff to ensure sound audit theory and compliance with the department's methodology.

  • Responsible for the daily supervision of audit staff for the development of audit staff and the completion of performance evaluations.

  • Ensures that reviews are completed in compliance with the Internal Audit Department and the Institute of Internal Auditors standards.

  • Coordinate team activities to ensure that review objectives are achieved and the review is conducted in accordance with company standards.

  • Train/mentor staff assigned to the team. Prepare performance reviews at the completion of the review.

  • Ensure that all work papers supporting the review are clear and concise.



Requirements




  • A minimum of a Bachelor’s Degree from a recognised university. 

  • Recognised professional in Accounting, Risk Management, and Internal Audit with ACA, ACCA, or CIA certification. 

  • Relevant management qualification or training.

  • A minimum of 7 years’ experience in the Enterprise Risk Management field in similar organisations.



Benefits




  • Great work culture and multiple opportunities for growth and self-development. 

  • 18 days of annual leave, excluding federal public holidays. 

  • Health insurance coverage. 

  • Monthly employer pension contribution. .



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