• Application Deadline:
• Position: Internal Risk & Audit Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Responsibilities

Risk Management:

• Conducts regular risk assessments


• Evaluate the current risk management processes and determine their effectiveness in a future scenario


• Identify risks, and evaluate them in terms of their plausibility and repercussions and curate risk mitigation and management policies to reduce the effectiveness of the risk


• Coordinate the RCSA process with inputs from all departments and ensure compliance


• Ensure adequate policies and mitigation measures are in place to minimize operational risks.


• Contribute to the development and implementation of risk management strategies and initiatives to enhance organizational resilience and sustainability.


• Manages and prepares all documentation related to risk assessments and reviews of standard operating procedures


• Delivers regular risk analysis reports to Management complete with actionable plans for avoiding or preventing potential threats at all levels


• Evaluate employees’ risk awareness and train them when necessary


• Develop risk control and management strategies to reduce the financial and legal impact on the business


• Liaise with, and guide senior management and the stakeholders about the current and potential risks through reports, documentation and presentations periodically


• Ensure that the company meets its legal and regulatory risk requirements


• Study market trends, and implement the learnings into the risk management processes of the company


• Prepare risk contingency plans to tackle future risk management issues

Audit:

• Conducting independent risk assessments as a basis for the audit plan


• Conduct comprehensive internal audits to assess the effectiveness of internal controls, processes, and procedures.


• Perform internal audits, reviews, and testing procedures to assess the reliability and accuracy of financial and operational information.


• Document audit findings, observations, and recommendations in audit reports, and communicate results to management and stakeholders.


• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations


• Identify loopholes and recommend risk aversion measures and cost savings


• Document process and prepare audit findings memorandum


• Conduct follow up audits to monitor Management’s interventions


• Developing and maintaining a risk-based audit plan and submitting the plan and any adjustments to the Management for approval


• Provide ad hoc advice and guidance to managers and staff at all levels, sometimes by delivering courses and training sessions


• Perform risk assessments on key business activities and use this information to guide what should be covered in audits


• Assess how well the business is complying with rules and regulations and inform management of any issues that need addressing


• Manage a variety of stakeholders and their expectations through regular communications.

Requirements

• Bachelor's Degree in Accounting, Finance, or related field


• Professional affiliations such as ACCA, ACA, CPA, is preferred.


• Previous experience and knowledge of Control Regulations and procedures in Finance and Accounting


• Experience in Budgeting, and Cost control principles including Generally Accepted Accounting Principles


• Ability to analyze financial data and prepare financial reports, statements and projections


• Proven experience in internal auditing, internal controls, or risk management roles