Lead Internal Audit

• Konga Online is seeking a highly experienced, analytical, and detail-oriented Lead Internal Audit to lead the company's internal audit function, strengthen internal controls, identify and mitigate business risks, and ensure compliance with established policies, procedures, and applicable regulatory requirements.
• The successful candidate will be responsible for planning, executing, and reporting on operational, financial, regulatory, and compliance audits. The role will also involve monitoring daily sales and cash transactions, verifying bank deposits, overseeing inventory movements and reconciliations, investigating unusual transactions, and identifying potential fraud and control weaknesses.
• The ideal candidate will possess strong accounting and auditing knowledge, excellent analytical and problem-solving skills, leadership capabilities, and the ability to provide independent, objective insights that support operational efficiency, accountability, and business performance.

Key Responsibilities

Internal Audit Strategy and Planning

• Develop risk-based audit plans aligned with business objectives.
• Evaluate internal controls, risk management, and governance, and monitor corrective actions.

Daily Sales and Cash Monitoring

• Reconcile daily store cash and POS sales with bank deposits and statements.
• Investigate cash shortages, unconfirmed deposits, unauthorised credit transactions, and variances.
• Ensure compliance with cash handling, collection, and reconciliation procedures.

Inventory and Stock Control

• Monitor stock transfers, store inventory reports, and warehouse movements using Microsoft Dynamics 365.
• Reconcile physical stock counts with system records and investigate discrepancies.
• Recommend controls to minimise stock losses and inventory errors.

Financial and Operational Audits

• Conduct financial, operational, compliance, and process audits.
• Identify control weaknesses, inefficiencies, and policy violations.
• Prepare audit reports with findings, risk assessments, and corrective recommendations.

Fraud Prevention and Investigations

• Investigate suspected fraud, financial irregularities, and inventory losses.
• Recommend measures to strengthen controls and prevent fraud.
• Document findings and escalate significant issues to management.

Risk Management and Compliance

• Assess business risks and ensure compliance with statutory requirements and company policies.
• Recommend risk mitigation measures and coordinate with external auditors and consultants.

Management Reporting and Stakeholder Engagement

• Present audit findings, risks, and recommendations to management.
• Track audit assignments and corrective actions.
• Collaborate with relevant stakeholders while maintaining audit independence and objectivity.

Team Leadership and Development

• Supervise Internal Audit Executives and review audit reports and working papers.
• Assign tasks, monitor performance, and develop team capabilities.
• Promote integrity, accountability, and continuous improvement.

Other Responsibilities

• Perform other audit-related duties as assigned by management.

Qualifications and Requirements

Education

• Bachelor's degree in Accounting, Finance, or a related field.
• ACA, ACCA, ICAN, or equivalent professional qualification is an advantage.

Experience

• Minimum of 10 years' post-NYSC experience in audit, financial control, or risk management.
• Proven experience in audit planning, fraud investigations, risk assessment, reconciliations, inventory control, and team supervision.
• Experience in retail, e-commerce, logistics, or multi-branch operations is preferred.

Skills and Competencies

• Strong knowledge of auditing, accounting, internal controls, and regulatory compliance.
• Proficiency in Microsoft Office, SAP, and ERP systems; Microsoft Dynamics 365 is an advantage.
• Excellent analytical, investigative, reporting, and problem-solving skills.
• Strong leadership, communication, planning, and stakeholder management abilities.
• High integrity, objectivity, confidentiality, and ability to work under pressure.

Key Performance Indicators (KPIs)

• Reduction in control breaches, recurring audit findings, and fraud risks.
• Timely and accurate audit reports and exception reporting.
• Effective sales-to-bank and inventory reconciliations.
• Compliance with cash handling and inventory policies.
• Timely implementation of audit recommendations.
• Improved operational efficiency and audit team performance.

Key Deliverables

• Annual audit plans and periodic audit reports.
• Timely reporting of control breaches, unconfirmed deposits, and stock variances.
• Effective monitoring of corrective actions and improved internal controls.