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1 month ago

Job Summary

Our client, a strong, prominent and leading Microfinance Bank in the Nigerian Banking Industry, has engaged Karis Consulting Ltd to recruit a competent and suitable candidate with quality experience and outstanding track record, for the position of Head, Internal Audit.

  • Minimum Qualification: Degree
  • Experience Level: Executive level
  • Experience Length: 10 years

Job Description/Requirements


  • Head, Internal Audit is to design, plan, direct and oversee the strategies and activities of the internal control unit of the bank and ensure that a strong control environment exists in the various units of the organization.
  • The Head of Internal Audit will also safeguard assets and ensure the prevention and detection of fraudulent acts, through thorough and regular evaluation and control, for effective risk management of the assets and resources of the Bank. 
  • The specific duties and responsibilities of the Head Internal Audit will be to: revise or update appropriate internal control, audit & compliance strategy and framework for the Bank; plan and control audit activities of the organization in line with its overall business goals and objectives
  • Identify control lapses/policy inadequacies through investigations for process improvement
  • Design audit work plan for the year and coordinate audit activities across regions
  • Carry out spot checks on operational activities at branches, subsidiaries and regions, and take necessary action on infractions or non-compliance issues
  • Work with Finance department and external auditors in the successful conduct of comprehensive audit exercise
  • Carry out inspection visit to all project sites activity and conformity with work plan
  • Ensure compliance of department and units with month-end evaluation activities
  • Ensure reduction in cost (cost saving) and budget monitoring
  • Make recommendation for policy amendments based on emerging issues in audit and internal control
  • Take responsibility for the training, coaching and mentoring of subordinates and carry out other responsibilities as may be assigned by the GMD/CEO.


  • Have a minimum of HND/B.Sc. in Accounting, with ICAN and other relevant professional certification. 
  • The possession of MBA and other postgraduate degrees will be added advantage
  • Have a minimum of 10 years relevant working experience in accounting and internal control functions in reputable organization(s), 5 of which must have been at managerial level.
  • The possession of practical experience in Banking and Finance Industry, and particularly Microfinance Banking, with relevant certifications, will be added advantage.
  • Other required skills and competency requirements for the Job Position include: 
  • Knowledge of relevant accounting packages
  • Knowledge of best practices in internal control and audit
  • Knowledge of existing regulatory framework
  • Knowledge of industry and economic environment
  • Cost Management
  • Risk Analysis and Management
  • Presentation skills
  • Strategic thinking
  • Managerial and leadership skills
  • Firmness, objectivity and fairness
  • Communication skills
  • Integrity
  • Flair for details
  • Team building skills
  • Organization and coordination
  • Interpersonal skills.

Remuneration: NGN
 800,000 - 900,000 per month, and this is open to further negotiation. 

  • There are also other benefits and allowances that go with the position

All qualified and interested candidates should please forward their Applications and Curriculum Vitae not later than Friday 22nd March, 2024. 

Please note that only shortlisted candidates will be contacted .

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