Head, Internal Audit and Control at Dove Consulting

At Dove Consulting, we are a leading consulting firm specializing in Human Resource services in Nigeria. With years of experience across various industries, we offer innovative and customized HR solutions tailored to meet the unique needs of businesses, whether large or small. Our mission is to empower organizations by optimizing their workforce management and enhancing overall business performance.

We are recruiting to fill the position below:

Job Title: Head, Internal Audit and Control

Location: Benin City, Edo

Employment Type: Full-time

Position Overview

• The Head, Internal Audit and Control, is a senior leadership position responsible for ensuring the effectiveness of the bank’s internal control systems, risk management processes, and compliance with regulatory requirements.
• The role involves conducting comprehensive audits, identifying weaknesses in systems and processes, and recommending actionable solutions to safeguard the bank’s assets, maintain operational integrity, and ensure adherence to industry standards.
• This position requires a meticulous, ethical, and analytical professional capable of leading the internal audit team and fostering a culture of accountability, transparency, and continuous improvement.

Key Responsibilities

Internal Audit and Assurance:

• Develop and execute the annual internal audit plan, ensuring comprehensive coverage of all business processes and operations.
• Conduct regular audits of the bank’s operations, financial statements, and IT systems to identify risks, weaknesses, or non-compliance issues.
• Prepare and present detailed audit reports, including findings, risks, and recommendations, to senior management and the board of directors.
• Conduct follow-up audits to ensure the effective implementation of recommended corrective actions.

Leadership and Team Development:

• Lead, mentor, and develop the internal audit team, ensuring high levels of performance and professionalism.
• Set clear performance goals for the audit team and conduct periodic evaluations to monitor progress.
• Provide training and development opportunities to enhance the technical skills and knowledge of the audit staff.

Strategic Contribution:

• Advise senior management on risk exposure, control deficiencies, and compliance issues.
• Contribute to the development of the bank’s strategic goals by providing insights from audits and risk assessments.
• Promote a culture of accountability, transparency, and continuous improvement within the organization.

Risk Management and Control:

• Evaluate and enhance the bank’s internal control systems to ensure the prevention of fraud, errors, and financial misstatements.
• Identify, assess, and monitor risks associated with the bank’s operations, products, and services.
• Collaborate with management to develop and implement risk mitigation strategies and policies.
• Monitor and report on the effectiveness of implemented risk controls.

Compliance and Regulatory Adherence:

• Ensure the bank complies with all regulatory requirements, including those set by the Central Bank of Nigeria (CBN) and other relevant authorities.
• Monitor adherence to internal policies, procedures, and ethical standards.
• Liaise with external auditors, regulators, and stakeholders during audits and inspections, addressing their findings and implementing recommendations.

Fraud Prevention and Investigation:

• Develop and implement fraud detection and prevention mechanisms across all bank operations.
• Lead investigations into suspected fraud, misconduct, or irregularities, and report findings to senior management.
• Establish a whistleblowing framework to encourage the reporting of fraudulent activities.

Key Qualifications

• Professional certifications such as ICAN (Institute of Chartered Accountants of Nigeria), ACCA (Association of Chartered Certified Accountants), or CIA (Certified Internal Auditor) are mandatory.
• Additional certifications in risk management, compliance, or forensic auditing are an added advantage.

Experience:

• Minimum of 5 years of progressive experience in auditing, compliance, or risk management, with at least 2 years in a leadership role in the banking or microfinance sector.
• Proven track record of successfully identifying and mitigating risks in financial operations.
• Experience in managing audits and regulatory inspections in a financial institution.

Skills and Competencies:

• Analytical Thinking: Strong ability to assess complex systems, identify risks, and recommend actionable solutions.
• Attention to Detail: Exceptional accuracy in evaluating financial and operational data.
• Regulatory Knowledge: Deep understanding of CBN regulations, financial reporting standards, and audit practices.
• Ethics and Integrity: Unwavering commitment to ethical conduct and the principles of transparency and accountability.
• Technology Proficiency: Familiarity with audit software and banking systems for conducting automated audits.
• Leadership Skills: Ability to inspire, lead, and develop a high-performing audit team.
• Communication Skills: Strong written and verbal communication for presenting audit findings and engaging with stakeholders.

Salary

N300,000 – N350,000 per month.

How to Apply

Interested and qualified candidates should:

Click here to apply

Application Deadline 20th December, 2024.