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.