Audit Officer at Pinnah Foods Limited

Pinnah Foods Limited is a proudly indigenous food company dedicated to expanding and redefining the Nigerian Restaurant Landscape. Currently owning two distinct brands,The Ice Cream Factory;a Premium Ice Cream & Dessert Brand,and Yin Yang Express; a Chinese Quick Service Restaurant brand. Incorporated in Nigeria in 2009 as a 100% Nigeria brand, we are committed to excellent products and service delivery, amazing customer relations, and indeed the great tasting experience from our array of delightful recipes.

We are recruiting to fill the position below:

Job Title: Audit Officer

Location: Yaba, Lagos
Employment Type: Full-time

Job Summary

• As our company continues to expand its operations, we are actively searching for an experienced Audit Officer to join our Audit and compliance team.
• The successful candidate will be responsible forconducting internal audits to assess the effectiveness of the company’s internal controls, risk management processes, and governance practices.
• This role involves evaluating financial and operational systems, ensuring compliance with policies and regulations, and identifying areas for improvement.
• The Audit Officer will work closely with various departments to ensure the accuracy and integrity of financial information and provide recommendations for enhancing efficiency and mitigating risks

Key Responsibilities
Internal Audit Planning and Execution:

• Assist in developing and implementing a risk-based audit plan, including the scope, objectives, and methodology for each audit assignment.
• Identify key risk areas and prioritize audits accordingly.
• Conduct audits of financial and operational processes, ensuring compliance with company policies, industry regulations, and best practices.
• Perform tests and evaluations of internal controls to determine their effectiveness.

Risk Assessment and Management:

• Identify potential risks within business processes and assess their impact on the organization.
• Assist in developing strategies to mitigate identified risks and ensure their effective implementation.
• Prepare and present audit reports that highlight key findings, risks, and recommendations to management and relevant stakeholders.

Compliance and Regulatory Audits:

• Ensure that the organization adheres to all relevant laws, regulations, and industry standards.
• Conduct audits to assess compliance with legal requirements and company policies.
• Review and evaluate the company’s adherence to internal policies and procedures, making recommendations for improvement where necessary.

Financial Audits:

• Assist in evaluating the accuracy and completeness of financial statements, ensuring that they reflect the true financial position of the company.
• Verify the integrity of financial records and transactions, including reconciliations and supporting documentation.
• Conduct audits of expense reports, invoices, and other financial documents to ensure accuracy, legitimacy, and compliance with company policies.

Operational Audits:

• Review operational processes and workflows to identify inefficiencies and areas for improvement.
• Recommend changes to streamline processes, reduce costs, and enhance operational effectiveness.
• Audit the management and utilization of company assets, ensuring proper documentation, usage, and safeguarding of assets.

Continuous Improvement and Training:

• Identify opportunities to improve the audit process, including the use of new tools, technologies, and methodologies.
• Stay informed about industry trends and best practices in internal auditing.
• Participate in ongoing training to enhance auditing skills and knowledge.
• Provide training and guidance to junior audit staff, if applicable.

Documentation and Reporting:

• Maintain detailed and accurate records of audit procedures, findings, and recommendations.
• Ensure that all audit documentation meets internal standards and can support audit conclusions.
• Prepare comprehensive audit reports that clearly communicate findings, risks, and recommendations to management.
• Present audit results and discuss potential improvements with relevant departments.

Qualifications

• A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required.
• Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or ACCA are preferred but not mandatory.
• Minimum of 3 years of experience in auditing, accounting, or a related field.
• Experience in the QSR, food and beverage, or hospitality industries is advantageous.
• Familiarity with auditing standards, regulatory requirements, and internal control frameworks
• Keen attention to detail.
• Strong analytical skills with the ability to assess complex processes, identify risks, and propose practical solutions.
• Excellent communication and interpersonal skills, with the ability to interact effectively with individuals at all levels of the organization.
• Detail-oriented with strong organizational and project management skills.
• Experience in the use of Odoo, SAGE or any similar accounting software.
• Proficiency in Microsoft Office suite (particularly MS Excel).

Application Closing Date
2nd September, 2024.

Method of Application
Interested and qualified candidates should:
Click here to apply online