Regional Head Internal Audit

Job Designation: Regional Head Internal Audit for Nigeria

Job Objectives:

The primary responsibility of the Nigeria RHIA is to support the GCIA in providing independent assurance and advisory services in governance to executive management, BARCC, Statutory Audit Committee and the Board on the effectiveness of the Group’s risk management processes and the internal control systems over financial and operational processes in the entire Group.

Job Summary:

• The primary responsibility of the Nigeria RHIA is to support the GCIA in providing independent assurance and advisory services in governance to executive management, BARCC, Statutory Audit Committee and the Board on the effectiveness of the Group’s risk management processes and the internal control systems over financial and operational processes in the entire Group.
• To support the GCIA in providing the Cluster Audit Committees (South and Eastern Africa (SEA) and West and Central Africa (WACA)) with independent assurance and advisory services in governance, risk and control over Financial and Operational processes across DCP in all countries within each Region/Cluster.
• Support the SEA and WACA RHIA to Act as the Secretary of the Cluster Audit Committee Meetings. Attending all cluster audit committee meetings, and reviewing the minutes of meetings, matters arising and Internal Audit presentations at both meeting for finalization by the GCIA. Provide first level review and support to the SEA and WACA RHIA.
• To provide advice and assistance to senior management through the Group Chief Internal Auditor in carrying out their internal control responsibilities including matters of risk, policy, procedures and compliance as it relates to Financial and Operational processes.
• Participation in major Internal Audit projects – E.g. EQA Roadmap Implementation, SAP GRC, Power BI, IT Audit etc.

Key Responsibilities:

• Coordinate the preparation of the internal audit pack for DCP Group Board Audit, Risk and Compliance Committee (BARCC), review the Pack for quality and content and submit the pack to the GCIA finalization and presentation at the Group BARCC meeting.
• Review and submit to the GCIA for finalization the Cluster Board Audit Committee Meeting Pack for the South and Easter (SEA) and West and Central Africa (WACA) clusters. Attend and make contributions at the meetings. Review of the Matters Arising and Minute of Meeting of the meetings for finalization by the GCIA.
• Coordinate the preparation of the internal audit pack for the Monthly Executive Committee & Monthly Performance Review (MPR), review the pack for quality and content and submit the pack to the GCIA for finalization.
• Prepare internal audit pack for Statutory Audit Committee, review management letter validation by IAD in Nigeria and Pan Africa and prepare the IAD consolidated Management Letter Validation report.
• Coordinate the preparation of the Anti-Fraud Committee report on a quarterly basis, review the report and submit it to the GCIA for presentation at the meeting.
• Coordinate and review Internal Audit pack presentation to the GMD/CEO and top executives for Nigeria and Pan Africa. Attend the meeting and present the pack at the meeting.
• Lead and Manage teams to carry out Internal Audit Special Reviews for other Dangote SBUs as requested by the President /Chief Executive from time to time. This includes (Dangote Fertilizer, Dangote Refinery, Dangote Granite Mines, etc).
• Manage team to carry out ISO 22301 – Business Continuity Management Audit engagements.
• Review all IAD expense vouchers and IAD departmental float.
• Liaise with external consultants engaged by IAD including External Auditors.
• Review Internal Audit Department submission to regulatory bodies such as Financial Reporting Council of Nigeria (FRCN) and Security and Exchange Commission (SEC).

Key Requirements

• B Sc. or HND in Accounting or any related discipline
• A master’s degree in accounting or an MBA will be an added advantage

• Membership of at least one of the following professional bodies is required: Certified Institute of Auditors (CIA), Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified Chartered Accountants (ACCA), Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or Institute of Internal Auditors (IIA)
• Possession of the following certifications is an added advantage: Certified Quality Auditor (CQA), Certified Financial Services Auditor (CFSA), International Systems Audit and Control Association (ISACA)

Desired Experience and Competencies:

• Minimum 15 years of relevant work experience, 8 of which must be at senior management level. Also, relevant experience in a top-tier Audit firm or global manufacturing company is desirable.
• Experience across multiple industries/markets e.g. Manufacturing, Energy, Utilities etc.  International work experience is an added advantage
• Must have an in-depth understanding of internal auditing standards, responsibilities, code of ethics, and certification.
• Knowledge of internal audit's role in corporate governance and its key relationships with the audit committee, board, and executive and operating management.
• Knowledge of International Financial Reporting Standards (IFRS) and financial reporting requirements of regulatory agencies (SEC, state regulatory bodies, etc.), as appropriate, and compliance and reporting requirements of applicable tax authorities (IRS, federal, state and local), as appropriate and the applicable of control models such as the COSO.
• Must have an awareness of new technologies and audit automation tools to improve the effectiveness of the audit function.
• Practical knowledge of office productivity tools (MS Office) and Enterprise Resource Planning (ERP) solutions.
• Good project management and negotiation skills.
• Ability to provide sound business judgment, strategic thinking, and broad financial and business perspective across the organization
• Excellent presentation and communication skills including writing internal audit reports
• Proven ability to work effectively with a diverse range of people, at all levels, with different functional skills, cultures, and personalities.
• Analytical with ability to quickly assimilate and synthesise complex data and information into a fact-based decision-making framework; and
• Mature, with high professional integrity and honesty.

Benefits

• Private Health Insurance
• Paid Time Off
• Training & Development
• Career Development Opportunities.