COUNTRY HEAD OF INTERNAL AUDIT

Job Objectives

• Provide first level support to the SBU MD and the Group Chief Internal Audit & Control Officer in the management and monitoring of Internal Control functions of the SBU

• Serve as the functional lead to provide reasonable assurance to management of the SBU on the effectiveness and efficiency of business internal operations.

• To institute appropriate internal controls and reconciliation processes and procedures to ensure:

o Financial reporting and management information is reliable, complete and timely made; and

o The SBU is in compliance with applicable laws and regulations as well as the Company's internal policies and ethical values including sustainability.

• Provide adequate support to the Audit Committee to ensure a sound control environment for the SBU

• Liaise with external auditors, consultants and regulators

Key Duties and Responsibilities

• Be a primary audit business partner in the assigned locations. This includes providing the maximum support to embedding strong governance and control standards in the business, while maintaining appropriate independence.

• Drive continued control consciousness and commitment to compliance with Group policies and procedures

• Supervise the internal team in the locations assigned. Provide leadership and counsel to the plant, head office and supply chain. Generate ideas that will build the company; identify and implement cost saving ideas to the assigned business units

• Participate in the formulation and documentation of Internal Control and Reconciliation Framework for the Group

• Define the implementation plan to institute the Internal Control Framework for the Group across all the business units

• Ensure the effectiveness and efficiency of the approved internal control plan

• Evaluate control mechanisms and governance processes for internal control purposes

• Define internal control processes and policies to ensure adherence to corporate governance policies

• Coordinate all investigation and forensic audits across the Group

• Ensure internal audit and control activities are conducted in adherence to professional standards and observation of relevant legal requirements

• Ensure quality of reports and documentation are in compliance with regulatory requirements

• Screen all internal reports for the approval of the Chief Internal Audit and Control Officer

• Provides advisory services concerning business process, operations, regulaUons, policies and procedures and makes improvement recommendation

• Supervise and monitor performance of line managers against their periodic plans and special assignments

• Review and recommend training development for staff auditors

Key Duties and Responsibilities

• Liaise with regulators, external auditors, affiliates and outsourced service provider.

• Assign detailed responsibilities to subordinates and supervise them to ensure timely delivery of high quality results

• Implement risk-based plans to set out the priorities of audit consistent with the Group's objectives

• Periodically make proposals for the review of Group policies and procedures or for the introduction of new policies to strengthen controls in identified areas

• Propose the internal audit activities, plans and resource requirements to the CIA

• Conduct forensic audits and investigations into cases of frauds, losses and malpractices as may be required;

• Ensure all investigation and forensic audits are performed in a conscientious manner incorporating careful application of professional standards and observation of relevant legal requirements and rules of professional conduct.

• Support the CIA to manage performance evaluation, training needs, staff developments and career path throughout the group audit function

• Support the CIA to implement ad-hoc audit and Internal controls directives from the Board group-wide

• Implement appropriate audit infrastructure - eg SAP GRC, Team Mate, Data Mining Tools required to support a robust audit organization

• Perform any other duties assigned by the Hierarchy.

Key Requirements

Educational         qualification

• B Sc. or H ND passed at 2.1 or Distinction level in Accounting or any related discipline

• A master's degree in Accounting or an MBA will be an added advantage

Professional     qualification

• Membership of the following professional bodies: Certified Institute of Auditors (CIA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA), International Systems Audit and Control Association (ISACA)

• Possession of the following certifications is an added advantage: Certified Quality Auditor (COA), Certified Financial Services Auditor (CFSA)

Desired   Experience

• Minimum of 15 years' Audit work experience 3 of which must be at senior management level

• Minimum of 6 years' experience with a top-tier Audit firm

Experience across multiple industries/markets e.g. Manufacturing, Energy, Utilities etcetera. International work experience is an added advantage

Competence     Requirements

• In-depth understanding of internal auditing standards, responsibilities, code of ethics, and certification

• Deep Industry knowledge

• Deep understanding of Accounting principles and standards

• Understanding of Corporate Governance principles

• Strong analytical and evaluation ability

• Business Acumen

• Ability to apply control models such as the COSO Internal Control framework

• Knowledge of accounting and financial reporting requirements of regulatory agencies

• Excellent communication skills

• ISO Requirements

• Knowledge of SAP