Head Of Internal Audit & Control At Teamace Limited

TeamAce Limited

Lagos, nigeria

Job Summary As the Head of Internal Audit & Control, you will lead the internal audit and control function, providing independent assurance over the company's financial, operational, compliance, IT, fraud, and outlet-level control environment. The role will also drive risk management, statutory compliance, revenue assurance, and continuous improvement of internal controls. Responsibilities Develop and execute risk-based audit plans, review internal controls and procedures, maintain the audit charter and methodology, and ensure effective audit reporting and follow-up. Assess financial, operational, compliance, and revenue assurance processes, identify control gaps and emerging risks, and recommend improvements to strengthen business controls. Plan and conduct routine and surprise audits across QSR outlets, covering POS transactions, cash collections, reconciliations, inventory, wastage, shrinkage, food cost controls, delivery platforms, CCTV, procurement, and loss prevention. Lead fraud risk assessments and investigations involving fraud, theft, cash leakage, payroll abuse, procurement irregularities, and whistleblowing cases, while maintaining proper evidence, confidentiality, and reporting standards. Ensure compliance audits cover Nigerian statutory and regulatory requirements, including FIRS, CAC, LASEPA, labour requirements, NAFDAC, food safety, hygiene, outlet licensing, permits, and operational certifications. Review ERP, POS, payroll, payment, delivery platform, data privacy, cybersecurity, access management, backup, and business continuity controls, while using data analytics to identify anomalies and control exceptions. Lead and develop the internal audit and control team, establish performance objectives, resource and succession plans, strengthen audit capabilities, and promote a strong control culture across Finance, Operations, Supply Chain, HR, and IT. Requirements Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or a related discipline. Minimum of 10 years' experience in Internal Audit/Internal Control, with at least 3 - 4 years in a managerial or leadership role as Head of Function or Senior Audit Manager. ACA (ICAN) or ACCA is required; CIA or CISA is strongly preferred. Strong experience in FMCG, QSR, retail, or a similar multi-outlet business environment, with sound knowledge of financial, operational, compliance, and outlet controls. Proven experience in fraud investigations, risk management, data analytics, process improvement, and control enhancement. Proven ability to present audit findings and strategic recommendations to the Board, Audit Committee, and senior management.

3 days ago

Investigation / Counter Fraud Manager At Food Concepts Plc

Food Concepts Plc

Lagos, nigeria

full-time

Grade Level: 6 Department: Internal Audit Reports to (Title): Head of Internal Audit Direct Reports: Internal Audit Associates Job Objective and Summary The Investigation Manager/Counter Fraud Professional will be responsible for leading and managing investigations into fraudulent activities, professional misconduct, and policy violations. This role will focus on identifying, preventing, and mitigating risks associated with occupational fraud, ensuring compliance with company policies, and safeguarding the organization's assets and reputation Core Responsibilities and Key Result Areas Fraud Prevention and Detection: Develop and implement strategies to prevent and detect fraudulent activities within the organization. Conduct risk assessments to identify areas susceptible to occupational fraud. Monitor transactions and operations for irregularities and unusual activities. Conduct training and awareness programs for employees on occupational fraud prevention Liaise with other departments, such as finance, HR, and operations, to address fraud-related issues. Act as the point of contact for all fraud-related inquiries and concerns. Provide expert advice and support to management on fraud prevention and investigation matters. Stay updated on the latest trends and developments in fraud prevention and investigation. Implement best practices and innovative solutions to enhance the organization's antifraud capabilities. Identify and assess occupational fraud risks and develop controls to mitigate them. Recommend improvements to internal controls and processes to prevent occupational fraud. Partner with other departments to improve governance and occupational fraud risk management frameworks. Investigation Management: Lead and manage internal investigations related to occupational fraud, theft, misconduct, and policy violations. Conduct investigative audits of financial records, operations, and systems to detect fraud, mismanagement, or non-compliance. Utilize forensic accounting techniques to trace and analyse complex financial transactions. Gather, preserve, and present evidence that is admissible in legal proceedings. Work with external forensic experts when necessary to deepen the investigation. Collaborate with law enforcement and regulatory agencies when necessary. Counter Fraud and Blocking of Revenue Leakages: Identify and investigate revenue leakage points such as fraudulent transactions, pilferage, or misreporting of sales. Conduct periodic assessment of applications that process and report sales and remittances to ensure data integrity, accuracy and completeness Develop and implement counter-fraud strategies, including the use of technology and data analytics to monitor and flag suspicious activities. Collaborate with the finance and operations teams to close loopholes that may lead to revenue loss. Conduct periodic reviews and audits to ensure ongoing compliance and prevent recurrence of identified fraud risks. Key Performance Indicator Number of cases of allegations from management request and Hotlines compared to the number completed and reported. Percentage of recommendations implemented to reduce incidences of occupational fraud. Number of repeat occurrences of fraud or other forms of malpractices after investigation and reporting of fraud incidences. No of days spent on investigation exercise from the date of commencement to the date of completion of field work and final reporting. Participants percentage score on satisfaction survey for training session on counter fraud and related topics. Knowledge Requirements: Strong understanding of fraud detection, investigation techniques, and risk assessment methodologies. Proficiency in forensic analysis, data review tools, and fraud prevention systems. Knowledge of legal, regulatory, and ethical standards related to fraud and investigations. Ability to prepare concise reports, maintain accurate records, and present findings effectively. Awareness of industry-specific fraud risks, cybersecurity threats, and risk management frameworks. Job Specifications Educational Requirements: Freejob posting Bachelor's Degree in Accounting, Finance, Law, Criminology, or a related field. Professional Requirements: Professional certifications as a Certified Fraud Examiner (CFE) Professional certification or membership of forensic associations, for example, Chartered Institute of Forensic and Investigative Auditors of Nigeria (CIFIAN) or similar body. Experience Requirements: Minimum of 5 years of experience in fraud investigation, forensic investigation, and investigative audit. Decision Expectations: Strong analytical, investigative, and problem-solving skills. Mastery of report writing and presentation skills Excellent communication and interpersonal skills. Proficiency in using investigation tools and software. Ability to provide litigation support Strong leadership and decision-making skills to manage complex investigations and oversee fraud management strategies. A high level of integrity and ethical conduct in handling sensitive information and dealing with internal and external stakeholders. Working Conditions: Jobholder typically work 40 hours per week, Monday to Friday, although there may involve weekend or evening work. This role is largely office-based, although at times the individual may require travel to meetings held off-site, as the company has more than one office.

7 days ago

Internal Audit Officer At Prudential Plc

Prudential Plc

Lagos, nigeria

full-time

The primary responsibility of the Internal Audit officer is to support the Head of Internal Audit in the planning, documentation, execution of Audit projects and in strengthening the control environment of the organization. Principal Accountabilities/Responsibilities Supporting the audit planning process and ensuring proper documentation of work process. Providing technical and professional support to ensure smooth and speedy completion of audit assignments. Evaluating existing processes and controls for weaknesses and making recommendations where necessary. Prepare and present draft reports that reflect audit's findings and document process. Participating in IT audits and reviews with key emphasis on IT corporate governance and control, software application architecture and business support. Strive to ensure prompt implementation of audit recommendation by engaging in timely follow-through activities with relevant employees. Delivering adequate and timely action plans and monitoring progress to address and resolve control deficiencies. Deliver timely reporting on the internal control environment and control deficiencies to ensure appropriate communication, documentation, escalation to the HIA and senior management where applicable. Engaging the HIA on continuous knowledge development regarding industry rules, regulations, best practices, tools, techniques and performance standards. Requirements Experience and Knowledge Internal Audit knowledge with at least 7 years' experience in the insurance industry. Good Knowledge of the insurance regulatory environment. Good report writing and communication skills. Managing audit working papers. Effective and proactive planning, prioritization and organizing assigned tasks. Experience in basic accounting or insurance software applications and packages. Relevant IT audit skills. Educational/Professional Qualifications Bachelor's degree in accounting, Economics or any other field of study. Professional Qualification in ACA, ACCA, CISA, CIA etc. Post Graduate Degree an advantage. Other Required Competencies And Skills Level High attention to details. Demonstrate customer focus with an emphasis on building relationships with all levels of staff. Skilled in dealing with issues with utmost integrity, objectivity and confidentiality. Digital savvy & MS Suite Package Ability to Lead Innovation & Change Excellent execution skills

a month ago

Internal Audit Officer At Prudential Zenith Life Insurance

Prudential Zenith Life Insurance

Lagos, nigeria

full-time

Role Summary The primary responsibility of the Internal Audit officer is to support the Head of Internal Audit in the Planning, documentation, execution of Audit projects and in strengthening the control environment of the organization. Key Responsibilities Supporting the audit planning process and ensuring proper documentation of work process. Providing technical and professional support to ensure smooth and speedy completion of audit assignments. Evaluating existing processes and controls for weaknesses and making recommendations where necessary. Prepare and present draft reports that reflect audit's findings and document process. Participating in IT audits and reviews with key emphasis on IT corporate governance and control, software application architecture and business support. Strive to ensure prompt implementation of audit recommendation by engaging in timely follow-through activities with relevant employees. Delivering adequate and timely action plans and monitoring progress to address and resolve control deficiencies. Deliver timely reporting on the internal control environment and control deficiencies to ensure appropriate communication, documentation, escalation to the HIA and senior management where applicable. Engaging the HIA on continuous knowledge development regarding industry rules, regulations, best practices, tools, techniques and performance standards. Requirements Educational / Professional Qualifications: Bachelor's Degree in Accounting, Economics or any other field of study. Professional Qualification in ACA, ACCA, CISA, CIA etc. Post Graduate Degree is an added advantage. Experience and Knowledge: Minimum of 7 years' cognate experience within the insurance industry. Good Knowledge of the insurance regulatory environment. Good report writing and communication skills. Managing audit working papers. Effective and proactive planning, prioritization and organizing assigned tasks. Experience in basic accounting or insurance software applications and packages. Relevant IT audit skills. Competencies and Skills: High attention to details. Demonstrate customer focus with an emphasis on building relationships with all levels of staff. Skilled in dealing with issues with utmost integrity, objectivity and confidentiality. Digital savvy & MS Suite Package. Ability to Lead Innovation & Change. Excellent execution skills.

a month ago

Internal Auditor At Seven Up Bottling Company

Seven Up Bottling Company

Lagos, nigeria

full-time

Job Brief The main purpose of the job is to assist the Head of Department in conducting comprehensive audits across various departments, ensuring adherence to professional standards, identifying areas for improvement, and supporting audit planning and reporting activities. Responsibilities Carryout specific assignments as a team member and also take up team leadership role when assigned to do reviews of financial, system, transactional, operational, risk assessment reviews. Discuss issues identified during process review with the process owners, department heads and draft recommendations partnering with process owners. Support in finalization of audit report post approval from Chief Audit Officer (CAO) Help review of process, transaction walkthroughs to perform basic risk assessment and prepare required documentation for risk matrix. Prepare proper work papers as back up of work done and comply with professional standards on Internal Audit. Ensure proper conduct of assigned audits within approved scope and any other delegated tasks. Review compliance with Company policies and procedures in Financial, Operational & Compliance areas. Conduct audits as per the direction of Chief Audit Officer (CAO) and support in finalization of audit report. This involves identification of issues, discussion with process owners, escalation wherever necessary, root cause of deficiencies and highlighting unmitigated open risks and suggesting recommendations after partnering with process owners Report on probable avenues for revenue leakage/loss from audits conducted. Assess accountability for the Company's assets to safeguard against loss. Assess the reliability and integrity of financial and other operating controls. Support in developing framework on internal controls as assigned Supporting Head of Internal Audit in planning and co-ordination of audits Supporting in Fraud Investigation as per the direction of Chief Audit Officer (CAO) Requirements Bachelor's Degree / Higher National Diploma (HND) in Accounting and Finance 5 + relevant experience as Manager in Accounts / Audit working with Senior Management Professional Certification; ICAN etc.

2 months ago

Information System Auditor At Prudential Plc

Prudential Plc

Lagos, nigeria

full-time

Role Summary The Information System Auditor is responsible for execution of internal audits covering all aspects of business process; assessing risks on information systems, business operations and evaluating internal controls to provide an independent appraisal of internal control environment across the organization. Principal Accountabilities/Responsibilities In charge of the information system audit function of the Internal Audit department Develop and implement the annual information system audit plan in liaison with the Head of Internal Audit. Provide support to the Head of Internal Audit in coordinating the affair of the Audit committee including providing information required for preparation of quarterly board reports. Provide system special audits and investigations as and when required. Perform audit follow up and tracking of open audit findings to ensure that audit findings are closed within the agreed timelines. Evaluate and report on system infrastructure and life cycle management. Review system development, acquisition and maintenance. Monitor the implementation & operation of defined controls and recommendations on an ongoing basis. Requirements: Educational/Professional Qualifications Minimum of a bachelor's degree in accounting, Economics, Insurance, etc., with at least a 2:2 (second class lower). A CISA professional certification is required. Minimum of 5 Years experience in similar role Additional relevant professional certification (ACA, ACCA, AIIN, CIA, etc.) will be a plus. Attributes & Skills (Required) Thorough knowledge of current auditing techniques and processes with minimum of five years' experience in information technology audit role. Advanced Audit command language and skills. Strong business and financial analytical skills Ability to identify, assess and address risk, materiality and interdependence Strong communication skills presenting internal audit and risk matters in an understandable way across various forums and levels of the organization with the right level of detail. Broad knowledge of information systems and operations in view of the internal audit objectives. Ability to work well independently as well as the ability to work well with multiple/diverse stakeholders and communicate the benefits of process initiatives

2 months ago

Head Of Internal Audit At Nisa Premier Hospital

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