Ongoing recruitment at Ikeja Electricity Distribution Plc, January 2016


Ikeja Electricity Distribution Plc (Ikeja Electric), Nigeria's largest power distribution network powers lives and businesses with innovation and unwavering drive for excellence.

 The company began its new phase of growth and expansion on November 1st, 2013 following the handover of the defunct Power Holding Company Of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

The following job vacancies exist:


Job Title:  TEAM MEMBER (AUDIT SUPERVISORS)

Reporting To: TEAM LEADER, INTERNAL AUDIT 

Location:  Lagos

Purpose: Will be responsible for assisting Team Leader (Internal Audit) on all activities related to technical, commercial or financial audits 

Accountabilities:

  • Assist in developing the annual audit plan by identifying areas for audit
  • Coordinate various departments/agencies, making available relevant records for audit purposes and ensuring that the audits are carried out as planned.
  • Assist in auditing the process of collection, money receipt, payment for disbursement of salary, billing process, distribution of bills, disconnection.
  • Complying with various processes and policies decided upon for audit by the internal audit team
  • Examine the audit report, analyze audit results and recommend corrective actions based on key audit findings
  • Assist in assessing the primary risks facing IE and identifying risk mitigation measures
  • Audit the process of Planning Projects, Operation & Maintenance, for the entire system and the compliance to technical standards
  • Review and audit processes and policies in place for the technical services in the firm
  • Assess the primary risks facing IE and identify risk mitigation measures
 
 Minimum Requirements
  • First degree in Accounting, Finance or any related discipline
  • 6 years relevant work experience
  • Possession of professional certifications (such as ACA, ACCA, CIA) will be an added advantage. 
 Technical Competencies
  • Knowledge of Internal department processes
  • Understanding regulatory regime

  Behavioral Competencies
  • Analytical skills
  • Innovation & lateral thinking




Job Title:  TEAM LEADER (INTERNAL AUDIT)

Reporting To: HEAD, INTERNAL AUDIT


Location:  Lagos

Purpose: To assist Head, Internal Audit in all activities related to financial, commercial, and technical audits

Accountabilities:
  • Responsible for developing an Annual Audit Plan by identifying areas of audit. The internal audit team has to initiate preparation of an annual audit plan at the beginning of the year. This plan considers various risk factors like Financial, Industrial Relations, Statutory and Corporate Image and inputs from Top Management, Statutory Auditors and Audit Committee.
  • Review auditable activities and corresponding audit checklist for the audit areas under control- coordinate with various departments/agencies for making available relevant records for the purpose of carrying out audit and ensure that the audits are carried out as per plan
  • Audit the processes of collection, money receipt, payment for disbursement of salary, billing process, distribution of bills, disconnection.
  • Ensure that various processes and policies decided upon are implemented by the internal audit team.
  • Ensure that strategies defined are implemented by internal audit team for accomplishment of the department’s objectives.
  • Examine the audit report & issue the same to the auditee.
  • Conduct special audit of stores, cash, and contractors’ bills
  • Handle the deployment of manpower (both in-house & outsourced).
  • Follow –up the Internal Audit reports, making presentation before the Audit Committee
  • Follow up on highlighted observations on all audit reports
  • Analyze audit results and recommend corrective action based on important audit findings
  • Visit the auditee’s office during the course of audit for better supervision & control
  • Carry out specific management assigned jobs - conducting special audits on a case to case basis.
  • Follow-up on the progress of implementation of various decisions undertaken on the basis of audit report and thus resulting in efficient performance of the departments
  • Approve the audit bills of external auditors.
  • Monitor the outsourced internal auditor.
  • Manage the MIS/KPI’s related to financial audit
 
 Minimum Requirements
  • First degree in Accounting, Finance or any related discipline
  • 10 years relevant work experience
  • Possession of professional certifications (such as ACA, ACCA, CIA) will be an added advantage.
 Technical Competencies
  • Knowledge of Internal department processes
  • Understanding regulatory regime

  Behavioral Competencies
  • Analytical skills
  • Innovation & lateral thinking 




Job Title:  AUDIT SUPERVISOR (SYSTEM AUDITOR)

Reporting To: TEAM LEAD INTERNAL AUDIT

Location:  Lagos

Purpose: The role requires the jobholder to carry out complex IT audit assignments, investigations, forensics, and advisory activities ensuring the work is performed with professional care and in accordance with the appropriate standards. These activities involve leading/conducting projects in the IT audits, compliance audits, investigations and advisory on IT domain.  The role provides significant input to the preparation of annual Internal Audit Plan and contributes significantly in the follow-up audits with management.

Accountabilities:
  • A.   Audit
  • Identify and evaluate the company’s audit risk areas relating to Information Technology through a risk-based audit methodology
  • Provide significant input to the development of a risk-based annual internal audit plan;
  • Perform specialized IT audits/reviews and ensure the adequacy of audit scope, the adequacy of testing performed, and the accuracy of conclusions reached;
  • Plan the resources and requirements for the different IT audit assignments and special assignments.
  • Ensure that IT audit procedures are strictly adhered to, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting technical processes and procedures;
  • Prepare/develop IT audit programs with appropriate testing mechanisms, execute the programs, recognize IT control weaknesses, assess the materiality of these weaknesses, and relate them back to the scope and objectives of the audit;
  • Engage auditees, develop and administer audit surveys, compose summary memos, and prepare working papers in line with the audit objectives;
  • Communicate the results, findings and recommendations of IT audit projects via written reports and face-to-face presentations on a timely basis;
  • Follow up on the implementation of IT audit recommendations in a timely manner;
  • Interact with staff, section heads, and managers and when necessary with executive management in order to obtain and/or communicate relevant information to achieve the objective/s of the IT audit;
  • Maintain all organizational and professional ethical standards and ensure IT audit activities are carried out in compliance with applicable standards including International Standards for the Professional Practice of Internal Auditing, IIA Code of Ethics, and ISACA (Information Systems Audit and Control Association) Information System standards and guidelines;
  • Plan and execute audits of IT platforms/infrastructure (e.g. operating system, database management system, and business applications) and evaluate IT internal controls and work collaboratively with others to identify actions needed.
  • Conduct data extraction, analysis, and IT security reviews;
  • Act as liaison with IT business partners to ensure full understanding of the data flow, data integrity and system security;
  • Assess information technology control elements to mitigate IT risks regarding the confidentiality, integrity, and availability of business information in compliance with security best practices (such as ISO 27000);
  • Administer and support the Audit Management Software and Audit Tools (e.g. ACL) to facilitate Internal Audit Activities.
  • Periodically, perform revenue assurance for the company using relevant audit tools.
  • Support the business/process owners in the identification and assessment of IT related inherent and residual risks and ensure documentation of such risks in the company’s risk register.
B. Consulting
  • Lead consulting engagements related to Information and network security, IS governance, Business continuity and disaster recovery based on best practices of each area (ISO 27000, ISO 20000, ITIL and COBIT framework) if required to do so.
  • Communicate the results of consulting projects via written reports and oral presentations on a timely basis;
  • Review of Technology related policies and procedures and any IT operations of the Company for submission to the Head, Internal Audit before being raised for management/board approval.
  • Provide consulting services to the company’s management and staff pertaining to information security policies and procedures based on best practices such as ISO 20000.
C.    IT Related Special Audit Assignments and Fraud Investigations
  • Conduct or lead the Internal Audit team in performing any IT related fraud investigations or any special audit assignments relating to IT domain;
  • Communicate the results, finding and recommendations of special assignment/investigation via written reports and oral presentations on a timely basis.
 
 Minimum Requirements
  • First degree in science or social science with a least grade of second class lower.
  • Possession of professional certification in information system auditing (i.e, CISA/CISSP) and accountancy certifications (such as ACA, ACCA, CIA) will be an added advantage.
  • Hands-on experience on the use of ACL to perform data analysis and investigations.
  • Post qualification experience of 6 years in energy, power, financial or manufacturing sector.



Job Title:  OFFICER (INTERNAL AUDIT)

Reporting To:  TEAM LEAD INTERNAL AUDIT

Location:  Lagos

Purpose: Will be responsible for assisting the Audit Supervisor in day to day operations related to technical, commercial, and financial audits.

Accountabilities:
  • Assist and coordinate various departments/agencies, making available relevant records for the purpose of carrying out technical, commercial, or financial audits
  • Assist in conducting technical, financial, and commercial audits in IE and preparing the audit reports
  • Assist in auditing the process of Planning Projects, Operation & Maintenance for the entire system and the compliance to technical standards
  • Liaise with the outsourced internal auditor or the external auditor
  • Follow up on highlighted observations on all audit reports
  • Record keeping of audit reports and all key communication with other departments
  • Perform other duties as requested by Head, Internal Audit Department, Team Leader Audit and Team Member Audit
 
 Minimum Requirements
  • First degree in Accounting, Finance or any related field with at least a minimum grade of second class lower.
  • Chartered accountant with relevant work experience of at least 3 years
 Technical Competencies
  • Knowledge of Internal department processes
  • Understanding regulatory regime

  Behavioral Competencies
  • Analytical skills
  • Innovation & lateral thinking


 How to Apply
Interested Applicants should please Click Here to Apply

Application Deadline: January 20th, 2016

Unsuitable applications will not be acknowledged.