Head of Internal Audit at Fosad Consulting

Job Responsibilities

• Working with the Nigeria Country Manager and the GCIA to lead the Nigeria internal audit function and set Nigeria’s audit coverage strategy.
• Lead the internal audit relationship with the CBN.
• Plan and execute the day-to-day activities of audit engagements.
• Manage and lead entire audit assignment process, including detailed planning of audit assignments, audit testing, and reporting in accordance with Internal Audit methodology.
• Ensure that audit assignments are focused on key risk areas and are performed efficiently and within the established deadlines.
• Utilize smart audit technology and methodologies and demonstrate the NI’s values and behaviors when completing work and documenting conclusions.
• Evaluate the design and effectiveness of controls throughout processes.
• Prepare audit reports and working papers to ensure that adequate documentation exists to support the completed audit reports and conclusions to senior management.
• Obtain necessary approvals of final reports before issue.
• Hold audit-related meetings with Management.
• Follow up and feedback on audit findings to ensure that management has taken corrective action.
• Provide Management with advice and support.
• Key contact point with senior business stakeholders.
• Complete detailed business risk assessment and business planning as per IA methodology
• Prepare and present written and oral reports such as Nigeria BARC / Exco reports in a pertinent, concise, and accurate manner for distribution to management.
• Maintain currency of knowledge with respect to relevant state-of-the-art technology, equipment, and/or systems.
• Perform ad hoc projects as requested.

Job Qualifications

• Track record of successfully leading the internal audit relationship with the CBN.
• Strong working knowledge of Nigerian regulation applicable to NI.
• Strong stakeholder (Board and exco) relationship skills.
• ACA, ACCA, IIA, or CISA qualified.
• Three plus years of internal audit experience, preferably in fintech, payments industry and/or retail banking sectors.
• Strong understanding of internal controls and sound knowledge of business practices, risks, and business process improvements.
• Strong written and verbal communication skills including a demonstrated ability to clearly provide written reports that accurately and summarize issues and present solutions.
• Strong independent mindset and the ability to work under pressure in a fast paced, rapidly changing environment.
• Must be highly motivated and proactive, keen to take full ownership of their area of responsibility and focus on delivering results.