Internal Auditor

Responsibilities:

• Conduct risk-based internal audits across various departments and business units and providing recommendations to mitigate risks.
• Developing and implementing audit plans, conducting audits, and analyzing financial operations, systems, and internal controls.
• Ensure compliance with internal policies, procedures, and regulatory requirements. (e.g., CBN, BOFIA, NDIC)
• Prepare clear and concise audit reports with findings and actionable recommendations.
• Evaluate the effectiveness of credit risk assessment procedures, including borrower appraisals and adherence to lending policies, to ensure sound decision-making and minimize default risk.
• Knowledge of microfinance operations, regulatory requirements, and industry standards.
• Reviewing financial reports, loan portfolios, and other financial data.
• Evaluating internal controls specific to company operations, including credit disbursement, loan recovery, and cash flow management.
• Reporting audit findings, recommendations, and progress to management and the board of directors.
• Support external audits and regulatory examinations.

Requirements:

• Bachelor's degree in any Discipline (2:2, 2:1 or First Class)
• Professional certification, such as ACA, ACCA, or CPA certification, is an advantage.
• Must have worked as an internal auditor for a minimum of 5 years in a bank or Microfinance bank or an Audit firm, or a CBN-regulated institution.
• Familiarity with regulatory requirements in the banking and microfinance sectors.
• Experience with audit software and the Microsoft Office Suite.
• Strong knowledge of microfinance operations, lending practices, and regulatory frameworks.
• Solid understanding of financial reporting principles and frameworks
• Proficient knowledge of applicable accounting standards, including local GAAP
• Familiarity with International Financial Reporting Standards (IFRS)
• Demonstrated ability to prepare and present accurate financial statements in compliance with regulatory requirements

Benefits

• Attractive salary with opportunity for rapid promotion/salary increases.
• Company culture rewards exceptional performance, thus creating an environment for fast-paced career growth.
• Robust Health Insurance with a reputable HMO.
• Paid annual leave.
• Trainings.