Senior Internal Auditor at Assets Microfinance Bank

Assets Microfinance bank is a tier-1 Microfinance bank providing accessible, reliable, and convenient financial services to individuals and businesses across Nigeria. At Assets MFB, we offer value-based banking to Nigerians by creating superior value for all our stakeholders with the most effective and sustainable technologies, holding ourselves to the highest professional and ethical standards, and building an enduring transparent institution.

Title: Senior Internal Auditor

Location: Lagos

Roles and Responsibilities

• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Determine internal audit scope and develop annual plans
• Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
• Prepare and present reports that reflect audit’s results and document process
• Act as an objective source of independent advice to ensure validity, legality and goal achievement
• Identify loopholes and recommend risk aversion measures and cost savings
• Maintain open communication with management and audit committee
• Document process and prepare audit findings memorandum
• Conduct follow-up audits to monitor management’s interventions
• Engage in continuous knowledge development regarding the sector’s rules, regulations, best practices, tools, techniques, and performance standards
• Overall responsibility for maintaining the Internal Controls Framework
• Deliver adequate and timely action plans and monitor progress to address and resolve control deficiencies.
• Work collaboratively with business and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action.
• Daily Independent Call Over of all qualifying Transactions within 24 hours of posting and where practicable real-time and as may be advised from time to time.
• Ensuring the integrity of the general ledger through reconciliations and review of the fixed assets register.
• Ensure prompt resolution of all open issues in the Internal Audit Report, Management letter, Regulatory Examiners Report, and other Statutory Examiners Report involving departments under your purview.
• Internal control checks and records to safeguard company assets.
• Carry out detailed investigations when discrepancy or fraud is noticed.
• Identify areas of financial and administrative strengths and weaknesses and develop best practices.

Requirements

• At least 5 years’ experience in an Internal Control role
• Microfinance background is a must
• ACA/ACCA certification
• Experience in the financial sector will be preferred
• The Ideal candidate is a critical thinker with a keen interest in improving an organization’s internal control environment.
• Solid understanding and experience with internal control frameworks
• Strong communication skills presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail.

Deadline: Not Specified.

How to Apply: Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.