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A FMCG Company based in the Southeast region has mandated us to recruit a Head
of Internal Audit and Compliance for its operations. The successful candidate would be
based in company’s Head Office in one of the Southeastern States.
Job Title: Head of Internal Audit and Compliance
Job no: FMCGHIA001
Role Summary:
o The Head of Internal Audit is responsible for the company’s strategic risk-based internal
audit plan and managing the internal audit function in accordance with Company internal
audit programme and the professional standards for internal auditing promulgated by the
Institute of Internal Auditors.
o The Head of Internal Audit reports directly to the Audit Committee of the company Board
of Directors with administrative reporting to the CEO.
Responsibilities:
o Develop an annual risk-based internal audit plan for Audit Committee review and
approval. Oversee the implementation of the approved plan, ensure proper resourcing for
implementation of the plan, and adjust the plan as needed in response to changes in the
Company’s business risks, operations, programs, systems and controls. Keep senior
management and Audit Committee apprised of any changes needed to the internal audit
plan.
o Provide assurance to senior management on the effectiveness or otherwise of the
company’s risk management, control processes, and systems.
o Plan, execute, and report on operational, financial, regulatory, and compliance-related
audits/reviews as well as ensure strict adherence to policies and procedures.
o Define the strategic direction for the Internal Audit function which aligns with
the overall strategic goals of the company.
o Develop control and compliance policies/frameworks, procedures, programs, and
manuals.
o Ensure continuous review and assessment of the effectiveness and efficiency of
policies, procedures, and processes across the Company and identify
improvement opportunities.
o Ensure adherence to the company’s policies and procedures.
o Conduct internal audit reviews.
o Plan financial, regulatory, compliance, or operational reviews/audits.
o Contribute, as appropriate, in the year-end financial audit with the external auditor.
o Coordinate investigations into suspected fraudulent practices across the organization
and recommend the appropriate line of action.
o Conduct risk assessments and identify controls in place to mitigate identified risks.
o Link risk assessment activity to the development of a strong annual compliance work
plan.
Manage work with risk, legal, compliance, and other control-related activities.
o Ensure required regulatory/statutory returns are rendered to the relevant agencies in a
timely, regular, complete, and qualitative manner.
o Analyze and conclude on the effectiveness and efficiency of the control environment.
Identify control gaps and opportunities for improvement.
o Conduct Compliance Risk Assessment for new customers and products of the
Company and establish controls/mitigates.
o Ensure appropriate level of communication is maintained on Internal Control matters
to support the framework and ensure appropriate ownership and accountabilities from
management and managers.
Desired Skills and Experience:
o Graduate of Accounting or any other Finance related field.
o Minimum of 10 years work experience in an accounting/auditing role is required of which at
least 5 should be at management level.
o Professional accounting qualification e.g. ACA, ACCA, and familiarity on
IAS/IFRS Standard.
o MBA degree from reputable business school – a strong plus.
o Outstanding oral and written communication skills.
o Good knowledge of the regulatory environment.
o Strong knowledge of risk management techniques, policy formulation, and regulation.
o Strong understanding of audit and investigation principles and practice.
o Excellent problem analysis and solving skills.
o Excellent oral and written communication skills.
o Good report writing and presentation skills.
o Ability to demonstrate the commitment to ethical standards and a high level of integrity.
Application Closing Date: 15th November, 2024.
Method of Application
Interested and qualified candidates should send their CV and application to this email: