Job Description
Position Summary
- Teach For Nigeria is seeking a diligent and analytical Lead, Internal Audit/Control, to oversee the internal audit function and ensure the integrity of our financial and operational processes, and ensure compliance with internal policies and regulatory requirements.
- This role is responsible for conducting audits, evaluating the effectiveness of internal controls, and ensuring the accuracy and reliability of financial and non-financial information.
- This role is crucial for identifying risks, improving processes, and ensuring compliance with relevant laws and regulations, and safeguarding the organization's assets, while ensuring operational efficiency.
- The ideal candidate will have a strong background in audit and risk management, with the ability to lead complex audits and provide actionable recommendations to management.
Key Accountabilities/Responsibilities & Activities:
- Audit Planning & Execution: Develop and implement annual audit plans, conducting audits to assess the effectiveness of internal controls and compliance with policies.
- Risk Assessment: Identify and assess risks across the organization, providing recommendations for mitigating these risks.
- Compliance Monitoring: Ensure compliance with legal, regulatory, and organizational standards across all departments.
- Reporting: Prepare and present detailed audit reports, highlighting key findings, risks, and recommendations for improvement.
- Process Improvement: Work with management to develop and implement process improvements based on audit findings.
- Team Leadership: Manage and mentor the internal audit team, fostering a culture of accountability and continuous improvement.
- Stakeholder Engagement: Liaise with external auditors, regulatory bodies, and other stakeholders as necessary.
- Follow-Up: Monitor the implementation of audit recommendations to ensure timely and effective resolution of issues.
- Maintain up-to-date knowledge of industry regulations and best practices in internal audit and control.
- Provide training and guidance to staff on internal control processes and procedures.
Knowledge, Skills & Abilities:
- Strong understanding of auditing principles, risk management, and internal controls.
- Excellent analytical and problem-solving skills.
- Strong communication and report writing skills.
- Ability to work independently and manage multiple priorities.
- High level of integrity and ethical standards.
- Strong leadership and team management capabilities.
- Familiarity with relevant regulatory frameworks and standards.
Education, Experience & Licensing Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- A minimum of 5-7 years of experience in internal audit, with at least 3 years in a leadership role.
- Professional certification in auditing (e.g., CIA, CISA) is preferred
- Experience working in a non-profit organization is a plus.
- Experience with audit software and tools.
- Proven track record of leading successful audits and improving internal controls.