Head of Internal Audit at Human Capital Partners (HCP)

Human Capital Partners (HCP) is a professional services firm specialising in the provision of HR consulting services covering the entire spectrum of the Human Resources value chain. HCP is the successor firm of the erstwhile Executive Selection and Training Services group of KPMG in Nigeria.

We are recruiting to fill the position below:

Job Title: Head of Internal Audit

Location: Lagos
Employment Type: Full-time

Job Summary

• The Head, Internal Audit is responsible for planning, executing, and reporting on internal audits, ensuring compliance with regulatory requirements, and improving the effectiveness of internal controls and risk management processes.
• This role involves managing audit staff, conducting reviews, and providing recommendations to enhance operational efficiencies and mitigate risks across the organization.
• The Head, Internal Audit reports to the Chair of the Board Audit and Risk Committee.

Responsibilities
Internal Audit foundation:

• Develop and maintain the internal audit charter for board approval.
• Conduct detailed regular risk assessment.
• Develop risk-based audit plan.
• Develop Internal Audit quality management systems and ensure conformity.
• Develop, implement, and maintain internal audit policies and procedures in accordance with local and international best practice.
• Manage the Internal Audit department and assign tasks to the Internal Audit staff.
• Train and upskill the Internal Audit staff in various technical and non-technical areas.

Internal Audit Execution:

• Review the corporate governance structure and practices in place.
• Execute individual audit processes in scope.
• Review policies for adequacy and recommend improvements.
• Identify and evaluate key risks within the business processes and evaluate the design and operating effectiveness of controls in place to mitigate the risks.
• Follow up on control deficiencies for proper remediation.
• Review compliance with regulatory requirements, internal policies and processes and leading practices.
• Implement best audit and business practices in line with applicable internal audit statements.
• Manage resources and audit assignments.

Internal Audit Reporting:

• Report to the board and leadership on material control weaknesses.
• Identify and assess areas of significant business risk.
• Drive the development, implementation, and embedment of Value Creation business processes, guidelines, and standards to enable functional and cross-functional integration.
• Develop and drive the consistent implementation of NDW’s Technical Quality Assurance and Project Value Assurance processes.
• Oversee all Strategy Definition, Planning, and Economics activities required to deliver and optimize the business strategy and plan.

Stakeholder management:

• Sensitize the workforce on the importance of risk and controls.
• Manage various engagements and the expectations of the stakeholders.
• Work with process owners to ensure recommendations are practicable and reasonable.
• Follow up on remediation of control gaps.
• Manage the internal audit department.

Consulting activities:

• Conduct investigation and other consulting activities that may be assigned by the board or leadership from time to time and report on findings.
• Review enterprise risk management framework and make recommendations for update, where necessary.
• Review fraud risk management framework and make recommendations for improvement or update, where applicable.
• Review policies and procedures and make recommendations for updates, where applicable.

Requirements

• Bachelor's Degree in Business Administration, Marketing, or a related field.
• Relevant technical qualifications and certifications as required.
• Minimum of 10 years' related experience with at least 5 years in supervisory role. At least 6 of those as part of Big 4 External or Internal Audit.
• Must have experience and exposure to Energy Oil & Gas industry.
• Must have a deep understanding of IAS, CAMA, and other regulatory compliance for Internal controls.
• Exposure to COSO or other risk management frameworks would be an advantage.
• Highest order of confidentiality, discretion, integrity, and honesty.
• Candidate must have confidence and ability to engage stakeholders at all levels, especially members of the Board of Directors.
• Proven work experience as External / Internal Audit and Internal Control Manager.
• Advanced computer skills in MS Office, MS PowerPoint, knowledge of accounting software and databases.
• Ability to manipulate large amounts of data and to compile detailed reports.
• Proven knowledge of auditing standards and procedures, laws, rules, and regulations
• High attention to detail, excellent analytical skills, meticulous and methodical approach to work.
• Sound independent judgement.
• Candidate must reside or be willingly to relocate to Lagos with regular travel to Warri (Delta State) and Benin City (Edo) as the need arises.

Application Closing Date
26th November, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.