As the Chief Internal Auditor (CIA), you will lead the internal audit function, providing independent and objective assurance to the Board of Directors and Management.
You will bring a high level of professionalism to the evaluation of the client's financial, operational, and compliance controls.
Reporting directly to the Board of Directors, the CIA serves as a trusted business partner, driving continuous improvement in organizational processes, risk management, and governance frameworks.
Key Responsibilities
Strategic Leadership: Develop and implement an annual risk-based internal audit plan that aligns with the client's strategic objectives and risk profile.
Risk Assessment: Lead the identification and assessment of organizational risks across financial, operational, and compliance domains to establish appropriate audit scopes.
Audit Execution: Oversee the conduct of internal assessments, including Test of Design (TOD) and Test of Effectiveness (TOE) for operational processes such as asset management and financial reporting.
Board Reporting: Prepare and present comprehensive audit reports, observations, and value-add recommendations directly to the Board of Directors and senior management.
Compliance & Frameworks: Maintain a deep understanding of internal policies, auditing frameworks, and current developments in accounting and regulatory standards.
Continuous Monitoring: Manage a tracking system for audit records, observations, and action plans, performing periodic follow-ups to ensure management action plans are implemented effectively.
Collaboration: Act as a liaison with external auditors and technical partners to coordinate consolidated financial statement audits and process reviews.
Special Projects: Coordinate and carry out ad-hoc project work or investigations as directed by the Board or executive management.
Qualifications
Person Specification:
Education: Bachelor's Degree in Accounting, Finance, or Business Administration.
Experience: A minimum of 15+ years of progressive experience in auditing, with significant experience in a leadership role within an internal audit, risk, or external audit firm. Professional experience with a Big 4 firm is highly desirable.
Certifications: Professional certification is required (e.g., Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), ACA, ACCA, or Certified Fraud Examiner (CFE)).
Technical Skills: Advanced proficiency in Microsoft Office (specifically Excel data analysis), analytics software, and data visualization tools.
Location: The role is primarily resident in Ibadan, though candidates should be prepared for potential engagement in Lagos as required.
Interpersonal: Exceptional communication skills with the ability to convey complex information confidently to various audiences.
Competency Framework:
Competency Expectations:
Analytical:
Thinks through complex issues in a logical and critical manner to draw sound conclusions.
Decisive:
Able to select appropriate options quickly among alternatives in a fast-paced environment.
Communication:
Articulates ideas and audit concepts effectively, both verbally and in written reports.
Resourceful:
Manages resources efficiently and thinks out-of-the-box to resolve day-to-day problems.
Honesty & Integrity:
Maintains the highest level of job integrity and works with professional confidence.
Key Performance Indicators (KPIs)
Target (Annual/Monthly)
Audit Plan Completion
90% - 100% of the approved annual audit plan completed.
Recommendation Implementation
95% of agreed audit recommendations implemented on time.
Quality of Findings:
80% or higher rating on the quality and impact of audit observations.
Risk Coverage:
100% of high-risk business units undergoing annual risk assessments.
Reporting Timeliness:
Monthly reports submitted by the 10th day of the following month.
Additional Information:
The remuneration is competitive, along with other benefits.