Head Internal Audit

Responsibilities:

• Develop and implement a risk-based internal audit strategy and annual plan.
• Provide insights and recommendations to senior management and the Audit Committee on risk mitigation and internal control improvements.
• Conduct audits of retail store operations, inventory management, procurement, and point-of-sale systems to ensure compliance with internal policies and regulatory requirements.
• Monitor compliance with the National Agency for Food and Drug Administration and Control (NAFDAC), Pharmacists Council of Nigeria (PCN), and other relevant laws.
• Carrying out staff audit monthly.
• Issuance of payment advice to the finance department in respect of identified payments not reconciled.
• Review and evaluate the accuracy of financial reporting and compliance with accounting standards.
• Examine internal processes for detecting fraud, financial irregularities, and loss prevention.
• Audit the stock management systems and practices to ensure accurate inventory reporting and minimize stock-outs, pilferage, or errors.
• Assess supply chain risk and vendor compliance with contractual obligations.
• Evaluate the effectiveness of internal controls within ICG software (e.g., inventory, sales, etc).
• Coordinate with external auditors and regulatory bodies as needed.
• Prepare audit reports and present findings to senior management and the Board Audit Committee.

Requirements:

• Minimum of a B.Sc. qualification 
• Minimum of 8 years of experience.
• Knowledge of Accounting standards (IFRS)
• Knowledge of Internal Standards of Auditing, Membership of Accounting & Auditing Professional bodies.
• Leadership skills.
• Good communication skills.
• Negotiation skills.
• Interpersonal Relationship Skills.