Internal Audit Officer in a Reputable Boarding School

A reputable Boarding School is currently recruiting suitable candidates to fill the position below:

Job Title: Internal Audit Officer

Location: Ibeju-Lekki, Lagos
Employment Type: Full-time

Job Description

  • We are looking for an objective Internal Auditor to add value and improve our operations by bringing a systematic and disciplined approach to the effectiveness of risk management, control, and governance processes.
  • The successful candidate will possess a thorough knowledge of accounting procedures and a sound judgement

Key Responsibilities

  • Performing the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
  • Determining internal audit scope and developing annual plans
  • Preparing and presenting reports that reflect audit’s results and document process
  • Act as an objective source of independent advice to ensure validity, legality and goal achievement
  • Identify loopholes and recommend risk aversion measures and cost savings
  • Document process and prepare audit findings memorandum
  • Conduct follow up audits to monitor management’s interventions
  • Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
  • Perform daily review of previous day’s postings in Core application system particularly looking out for suspicious or irregular postings
  • Review reconciliation statements
  • Perform daily review of previous day’s items issued from store
  • Perform monthly payroll review
  • Review of accounts receivable
  • Review of procurement document
  • Year end and periodic stock taking
  • Assist in performing staff audit
  • Review of petty cash Imprest system
  • Carry out financial, operational, and compliance audit duties such as: evaluating internal controls, applying professional audit techniques, preparing audit work papers, developing solutions, and documenting findings
  • Perform staggered financial statements audit
  • Continuous review of established controls
  • Review all bank statements and compare all transactions listed on the statement with transactions posted on the core application for accuracy of details and amounts.
  • Perform periodic surprise cash counts
  • Regulatory requirement reviews like; VAT compliance review, WHT compliance review, etc.
  • Obtaining,analyzing and evaluating accounting documentation, reports, data, flowcharts, etc.

Qualification, Experience, Skills and Competencies

  • A First Degree in Accounting
  • Minimum of 3 years relevant experience
  • Excellent numerical skills.
  • Student member of any recognized professional accounting body.
  • Advanced computer skills on MS Office, 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 and excellent analytical skills
  • Good interpersonal and communication skills.

Deadline: 10th February, 2022.

Method of Application
Interested and qualified candidates should send their CV to: recruitment2nig@gmail.com using the Job Title as the subject of the email.


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