| JOB NAME |
Audit and Risk Analyst [Lagos]
POSTED BY: Precisehire Associates
REF:PHA 2008
Date Published:Tuesday, May 28, 2024
Date of Expiration:Sunday, November 24, 2024
RECOMMEND THIS JOB ON FACEBOOK
|
|
|
| LOCATION OF THIS JOB |
 Nigeria | LAGOS in Nigeria |
| INDUSTRY |
| REAL ESTATE DEVELOPMENT AND CONSTRUCTION
|
| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
REPORTS TO: Head of Audit and Risk
KEY INTERACTIONS Head of Development, Head of Technical, Head of Business Development, Sales and Marketing, Head of Finance, Head of Legal Country MD
OVERVIEW
Responsible for executing operational and compliance audit reviews and ensuring compliance at country office and at project levels, with requirements dictated by internal/external policies and regulatory bodies and agencies.
MAIN RESPONSIBILITIES
1. Assist in developing annual audit plan for the Subsidiary and agree with Head of Audit for approval by the Audit Committee.
2. Execute audits of audit entities to assess controls, operational efficiencies and compliance with policies, standard operational procedures and regulations. Resolve audit problems that occur and develop modifications to coverage and schedule.
3. Perform special analyses and reviews, including compliance, instances of alleged fraud and unethical misconduct.
4. Review and report on the accuracy, timeliness and relevance of the financial and other information that is provided for Board and Management.
5. Refer major audit issues to Head of Audit & Risk for resolution.
6. Research and keep abreast of country legislative issues, new audit regulations/trends and audit methodology. Discuss updates of new regulations with Head of Audit & Risk and relevant country departments.
7. Conduct periodic training workshops for in-country staff to promote awareness of governance, risk management, and internal controls.
8. Ensure work papers are adequately documented and audit evidence is sufficient.
9. Prepare accurate audit reports across country offices for the Audit, Risk and Compliance Committee.
10. Elicit information from knowledgeable internal/external sources about areas and functions to determine appropriate audit direction/methodology for the business units within the country office.
11. Assist external auditors as appropriate. Coordinating country office’s response to audit findings and recommendations.
12. Maintain risk register.
13. Update risks during operations as well as mitigation plans
14. Implement risk mitigation plan developed at corporate level
15. Consolidate risk exposure via compliance checklists in all country-level departments and give data to Project monitoring associate
Deliverables
1. Audits of auditable entities
2. Internal audit reports
3. Risk reports
4. Board Audit committee Audit and Risk reports
Time Allocation
1. Technical (80%)
2. Administrative (20%)
KPIs
1. Completion of internal audits in relation to the audit
2. Quality of audit working papers
3. Compliance with unit’s audit methodology
4. Completion of follow up reviews within required timescales.
5. Quality audit reports and recommendations
6. Percentage of in-country staff trained on risk and compliance issues.
7. Percentage of local compliance regulations met by required date.
8. Corrective action response time
9. Number of implemented recommendations for improvement (OFI) vs. number of raised recommendations.
10. Implementation of external audit recommendations
11. Savings generated and costs avoided associated with identified audit issues.
12. Overall corporate performance (10%)
13. Feedback – The annual average rating from 360-degree surveys launched (10%)
|
| REQUIREMENTS FOR THIS JOB |
SKILLS
1. Knowledgeable, skilful, and experienced about Internal Audit
2. Knowledgeable about Real Estate Industry.
3. Gathers information nationally and internationally about what could be; visualises the future and assesses what needs to change; thinks strategically, considers wider effects thoroughly, including customers, shareholders and people; promotes and builds enthusiasm for the vision.
4. Good planning/project management skills
5. Exceptional negotiation, problem-solving and analytical skills
6. Superior communication skills, both verbal and oral
7. Exceptional attention to detail.
8. Sets milestones and timeframes to achieve objectives and operational requirements; determines priorities and allocates responsibilities and manages workflow; establishes measures and monitoring systems; putting (joint) action plans in place to address areas of non-compliance; anticipates hurdles and has contingency plans to get around them.
9. Ability to exercise professional scepticism.
EXPERIENCE AND EDUCATION
1. Undergraduate degree or equivalent in business, accounting, or audit
2. ACA or ACCA or CIA qualification
3. Minimum of 3-5 years’ professional experience, with at least 2 years within a similar role
|
|
English 
FRENCH
