Internal Audit and Control Officer at Nigeria Machine Tools (NMT) - 2 Openings

Nigeria Machine Tools (NMT) was founded in 1980 to manufacture and distribute high integrity machine tools and other engineering products and spares designed to serve the project, operation and maintenance needs of a range of industries. As Nigeria’s first internationally certified producer of Oil industry standard Stud Bolts, Nuts and Flanges, NMT also produces customized castings for various industries including: construction, cement, oil and gas, manufacturing as well as for the transport industry. Included in our offerings is machining services which is ISO 9001 certified. Our surface treatment facility which comprises PTFE and powder coating as well as Hot Dip Galvanizing plants ensure products are finished to customer specifications.

We are recruiting to fill the position below:

Job Title: Internal Audit and Control Officer

Locations: Lagos and Osun
Employment Type: Full-time

Responsibilities

• Conduct risk assessments and develop audit programs for various operational areas.
• Perform regular and surprise audits of financial transactions, inventory, and production processes.
• Ensure compliance with applicable laws, regulations, and internal policies.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Monitor adherence to operational and financial processes to prevent fraud or mismanagement.
• Conduct post-implementation reviews of new processes or systems to assess effectiveness.
• Verify the accuracy of financial records, including invoices, receipts, and payroll.
• Reconcile discrepancies identified during audits and report findings.
• Prepare detailed audit reports highlighting findings, risks, and recommendations.
• Present audit findings to the Group Head of Internal Audit and Control and suggest corrective actions.
• Follow up on audit recommendations to ensure implementation and closure of all observed non-conformances
• Conduct physical verification of inventory in stores and warehouses.
• Review production processes for efficiency and compliance with quality standards.
• Provide training to staff on compliance, internal controls, and fraud prevention.
• Support the development of policies and procedures to strengthen control mechanisms.
• Investigate incidents of fraud, theft, or non-compliance.
• Perform any other duties assigned by the Group Head of Internal Audit and Control.

Requirements

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
• Professional certifications such as ACA, ACCA, will be an advantage.
• Minimum of 2 years of experience in internal auditing, control, or a related field, preferably in the Agro-processing or manufacturing industry.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Proficiency in auditing software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong communication and report-writing skills.
• Knowledge of Nigerian tax laws, financial regulations, and inventory management.
• Ethical and professional conduct.
• Strong interpersonal and teamwork abilities.
• Proactive and innovative mindset.

Application Closing Date
13th January, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online