• Application Deadline:
• Position: Internal Audit Executive



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Summary: 

• We are seeking a dedicated and experienced Internal Audit Executive to join our team.


• The ideal candidate will support the organization in managing the audit functions of a growing group of companies operating primarily in the healthcare and wellbeing sector.


• The Internal Audit Executive will help our organisation achieve its objectives by evaluating the effectiveness of governance, risk management, and set up internal control arrangements, as well as playing a key role in promoting good corporate governance in the organisation.

Responsibilities

• Plans financial, regulatory, compliance or operational reviews/audits.


• Coordinates work with Risk, Legal & Compliance and other control-related activities and with others within Internal Audit.


• Conducts financial risk assessments and identifies controls in place to mitigate identified risks.


• Ensures daily compliance on the internal and financial policies of the facility


• Do a daily call-over on all expenses across all organisations and ensure that all postings are correctly done.


• Takes routine stock checks and verifies that records in the bin cards show true representation of stock on the ground.


• Ensure that costs are not over stated on all expenses.


• Ensure compliance on all regulatory policies.


• Ensure that the internal control system is in place so as to control loss, theft and risk in the facility.


• Identify any internal control gap and recommend measures for its improvement.


• Report to management all risk issues in accordance with auditing standards.


• Review the final accounts prepared by the accountant before the external audit reviews the account.


• Advises management on any internal control issue.


• Performs audit procedures to verify that controls are operating through testing and interviewing techniques.


• Analyses and concludes on the effectiveness and efficiency of the control environment.


• Identifies control gaps and opportunities for improvement.


• Documents the results of audit work in accordance with audit department and the Institute of Internal Auditors (IIA) standards.


• Prepares timely audit reports for executive management, the Audit Committee and the Board of Directors.


• Assesses, evaluates, and promotes compliance to internal policies.


• Contributes, as appropriate, in the year-end financial audit with the external auditor.


• Provides advice on internal control and participates in enhancing internal audit standards and practices within Synapse


• Researches new or technical subjects when required to support audits (e.g., OSFI Guidelines, market risk, financial instruments, etc.)


• Provide feedback on Accounting Procedures

Competencies/Attributes:

• Contributes to High Performing Teams – May include supervision of Accountant and account assistant on projects to follow, sound internal control practices and to manage financial risks appropriately.


• Acts as a Team Player - Collaborate and support colleagues and peers across the organisation, while still being able to work independently when needed.


• Results Oriented – Meet deadlines on assignments, juggle multiple demands and to work with all types of individuals up to and including the CEO.


• Entrepreneurial


• Committed to Self-Development Requirements:


• Strong knowledge of healthcare financial business operations and risk-based auditing attained through 3 to 5 years of progressive work experience with a focus on financial risk and regulatory requirements.


• Good understanding of the standards of the Institute of Internal Auditors (IIA) and ability to fully comply with IIA standards


• Ability to manage projects and, when required, work with the accountant to follow sound internal control practices and to manage risks appropriately.


• Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.

Deliverables / Key Performance Indicator

• Monthly Report/ Advise on Return on investment.


• Continuous audit tests and their results Monthly.


• Good number of managements agreed actions outstanding, putting emphasis on any overdue actions. This is related to the financial advice rendered by the internal auditor.


• Policy and procedure breaches reported in the period: Weekly Report.


• Emerging risk discovery: forensic auditing. Monthly Review.


• Status of compliance test completion and report of any failures with their remediation plans.


• Monthly Rich content of audit report based on proper research and analysis.


• Above all, customer satisfaction without compromising on objectivity.


• Completed audit plans per year or period.


• Business or revenue enhancement opportunities were identified and proposed as cost-saving strategies.

Requirements/Qualification

• B.Sc. Business Administration or Accounting.


• Minimum of 5 years of proven work experience.


• Good knowledge of economic and accounting principles and practices, analysis, and reporting of financial data.


• Direct experience in audit and compliance is required. Good knowledge in auditing and accounting practices.


• Certified with either or more than one of ACCA/ICAN / ACA / CIA / CISA.


• Other relevant certifications associated with the job position.


• Strong communication, interpersonal, and influencing skills; ability to negotiate at all levels.