Head, Internal Control and Audit Job at Poverty Reduction and Rural Women Empowerment Initiative, 12th April, 2019

Poverty Reduction and Rural Women Empowerment Initiative, a microfinance institute whose Head office is located in Lagos is recruiting suitably qualified candidates to fill the position below:

Job Title: Head, Internal Control and Audit Location: Ikeja, Lagos Job Objective

• To design and supervise the implementation of an effective internal control and audit framework for the bank.
• To investigate all cases of non-compliance or infractions of internal policies and procedures or external regulatory standards, making recommendations to management as applicable.

Responsibilities

• Ensure the periodic reconciliation of transaction are carried out.
• Ensure that prompt investigation of frauds, forgeries, breach of policies and procedures and serious customer complaints are conducted and necessary action taken on the outcome
• Work with Finance department and external auditors in the successful conduct of comprehensive audit exercise
• Make recommendation for policy amendments based on emerging issues in audit and internal control
• Appraises subordinates promptly and objectively, and follows up on action points resulting from the appraisal
• Takes responsibility for the training, coaching and mentoring of subordinates
• Perform other duties and responsibilities, as may be assigned by the Managing Director or by the Board
• Design, revise or update appropriate internal control, audit & compliance strategy and framework for the ban Plan and control audit activities in line with the overall business goals and objectives within the country
• Identify control lapses/policy inadequacies through investigations for process improvement
• Design audit work plan for the year and coordinate audit activities across regions
• Oversee activities of regional audit teams for maximum effectiveness
• Carry out spot checks on operational activities at branch, area and regional levels and take action on infractions or non-compliance issues
• Receive and review all monthly regional audit and control reports and identify issues for necessary action.
• Carry out periodic stocks and staff audit in all branches.
• Carry out periodic price verification and certification and certificate of payment vouchers
• Conduct periodic checks on payroll.

Education/Qualifications

• A good Bachelor's Degree/HND in Accountancy, plus professional accounting certification. MBA or M.Sc will be added advantage.
• Minimum of 4 years relevant experience in a reputable firm, Experience in a microfinance bank setting in related role is an added advantage.

Skills & Knowledge:

• Managerial and leadership skills
• Firmness
• Good oral and written communication skills
• Integrity
• Flair for details
• Team building skills.
• Proficiency in Microsoft Excel and other Microsoft office programmes
• Knowledge of relevant accounting packages
• Knowledge of best practices in internal control and audit
• Knowledge of existing regulatory framework
• Strategic thinking

Remuneration

• Salary Expectation: N150,000-N200,000/month.

Application Deadline 19th April, 2019.

Lagos State, Ikeja