Investigation Manager/Counter Fraud

Responsibilities:

Fraud Prevention and Detection

• Develop and implement strategies to prevent and detect fraudulent activities within the organization.
• Conduct risk assessments to identify areas susceptible to occupational fraud.
• Monitor transactions and operations for irregularities and unusual activities.
• Conduct training and awareness programs for employees on occupational fraud prevention
• Liaise with other departments, such as finance, HR, and operations, to address fraud-related issues.
• Act as the point of contact for all fraud-related inquiries and concerns.
• Provide expert advice and support to management on fraud prevention and investigation matters.
• Stay updated on the latest trends and developments in fraud prevention and investigation.
• Implement best practices and innovative solutions to enhance the organization's antifraud capabilities.
• Identify and assess occupational fraud risks and develop controls to mitigate them.
• Recommend improvements to internal controls and processes to prevent occupational fraud.
• Partner with other departments to improve governance and occupational fraud risk management frameworks.

Investigation Management

• Lead and manage internal investigations related to occupational fraud, theft, misconduct, and policy violations.
• Conduct investigative audits of financial records, operations, and systems to detect fraud, mismanagement, or non-compliance.
• Utilize forensic accounting techniques to trace and analyse complex financial transactions.
• Gather, preserve, and present evidence that is admissible in legal proceedings.
• Work with external forensic experts when necessary to deepen the investigation.
• Collaborate with law enforcement and regulatory agencies when necessary.

Counter Fraud and Blocking of Revenue Leakages

• Identify and investigate revenue leakage points such as fraudulent transactions, pilferage, or misreporting of sales.
• Conduct periodic assessment of applications that process and report sales and remittances to ensure data integrity, accuracy and completeness
• Develop and implement counter-fraud strategies, including the use of technology and data analytics to monitor and flag suspicious activities.
• Collaborate with the finance and operations teams to close loopholes that may lead to revenue loss.
• Conduct periodic reviews and audits to ensure ongoing compliance and prevent recurrence of identified fraud risks.

Requirements:

• Minimum of 5 years of experience in fraud investigation, forensic investigation, and investigative audit.
• Bachelor’s degree in accounting, finance, law, criminology, or a related field.
• Professional certifications as a Certified Fraud Examiner (CFE)
• Professional certification or membership of forensic associations, for example, the Chartered Institute of Forensic and Investigative Auditors of Nigeria (CIFIAN) or a similar body.
• Strong analytical, investigative, and problem-solving skills.
• Mastery of report writing and presentation skills
• Excellent communication and interpersonal skills.
• Proficiency in using investigation tools and software.
• Ability to provide litigation support
• Strong leadership and decision-making skills to manage complex investigations and oversee fraud management strategies.
• A high level of integrity and ethical conduct in handling sensitive information and dealing with internal and external stakeholders.

Working Condition: Jobholders typically work 40 hours per week, Monday to Friday, although there may be weekend or evening work involved. This role is largely office-based, although at times the individual may require travel to meetings held off-site, as the company has more than one office.