Specialist, Financial Audit at The Development Bank of Nigeria (DBN)

Job Objective and Summary

• Work with Head of Internal Audit to execute and deliver planned internal audit activities for the Bank which includes assessment of risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Assist in executing other audit matters and projects as well as review Bank’s compliance with financial and statutory regulations, and standards.

Core Responsibilities and Key Result Areas

Audit Planning & Risk Management:

• Develops detailed program of activities, including the scope, objective, risk analysis, methodology and allocation of staff for Routine, Systems, Process Audits, Spot Checks, investigation etc.
• Assists with planning regular risk-based audits and compliance testing to ensure that procedures are operating effectively with appropriate controls and recommend changes where necessary
• Contributes to the development and implementation of the Bank’s annual audit plan to ensure compliance with financial and statutory regulations, and standards.

Auditing:

• Conducts audit testing of specified area and identify reportable issues and dimension of risk in line with risk based audit plan
• Properly manage audit evidence, collates and references audit working papers in line with best practices
• Participates in the preparation of audit reports to be presented to the Management / Board
• Ensures follow-up on the internal control systems established to ensure compliance with policies, plans, procedures, laws, regulations, contracts, and ethical business conduct.
• Assists the Head, Internal Audit with conducting ad-hoc audit reviews to investigate areas identified by management and carry out any special projects assigned

Qualifications

Educational Qualifications:

• A Bachelor's Degree in any Accounting or Social Sciences related discipline
• A post graduate degree in a Business-related field or Management is an added advantage.

Professional Qualifications:

• Membership in accounting / auditing associations such as ICAN, ACCA, CPA, CIMA, IIA or CISA, etc. is required

Experience Qualifications:

• Minimum of 7 years working experience in an accounting/ auditing role is required.