Overview
H&W Rice Company is one of three companies under Haske & Williams Ltd – a fast-rising agribusiness conglomerate – formed out of the need to create quality local substitutes to imported rice products in Nigeria. We are a vertically integrated producer of high-quality whole grain parboiled rice and we work directly with our farm estates and network of outgrowers to ensure the finest, export-quality products for our local and international customers.
Job Position: Internal Control & Audit Manager
Location: Yola, Adamawa
Employment Type: Full-time
Job Summary
- The candidate will be responsible for assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization and auditing the company’s financial and information systems, assessing compliance with applicable standards and guidelines, and sufficiency of internal controls.
Key Responsibilities
- Formulate, design, and implement strategies to monitor H&W Rice’s activities and operations, ensuring compliance with established policies and procedures as well as regulatory requirements.
- Develop and implement an annual audit plan and ensure compliance to approved plans and coordinate the control frameworks for H&W Rice’s processes and systems as a key enabler to achieving the business objectives of the organization.
- Audits H&W Rice’s financial records, statements, and reports, verifying accuracy and consistency and assessing information systems to ensure the adequacy of existing controls as well as mitigate errors, irregularities, and fraud.
- Audits H&W Rice’s information systems, assessing compliance with data security and storage requirements, ensure proper internal audit and control system in H&W Rice’s and periodically carry out Audits.
- Prepare/ review internal audit reports covering audit activities, findings, and overall assessment of control environment.
- Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organization and define control measures to ensure compliance.
- Reviews internal controls, policies, and procedures for effectiveness.
- Drafts and presents reports of findings and analysis; identifies and recommends revisions and improvements to accounting practices and procedures.
- Perform investigations into complaints and suspected fraudulent/sharp practices across the organization and recommend the appropriate line of action in response to findings.
- Manage H&W Rice’s business risk portfolio by conducting a risk-based audit and continuously seek for ways to plug / eradicate leakages and improve its control systems.
- Initiate and conduct spot checks on transactions and activities to evaluate adequacy of internal controls and efficiency / effectiveness of operations.
- Liaise with relevant stakeholders and ensure audit plans are developed to meet the audit standards and expectations.
- Work with Group Head to ensure implementation of standard controls and up to date operational policies and procedures.
- Provide administrative support for external inspection/ audit activities.
- Conducts risk assessments, collecting and analyzing documentation, statistics, reports, and market trends.
- Establishes policies and procedures to identify and address risks in the organizations services and departments.
- Reviews and assesses risk management policies and protocols; makes recommendations and implements modifications and improvements.
- Recommends and implements risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures.
- Reviews and analyses metrics and data such as cash flow, inventory, breakage, and employee activity that could uncover fraudulent behaviour.
- Drafts and presents risk reports and proposals to executive leadership and senior staff.
- Assess skills gap in unit members and recommend training that will address the skills gap and provide oversight to team in setting the direction, enforcing policies, driving best practices, and overseeing efficiency in order to create a high performing team environment.
- Perform other duties as required.
- First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc), MBA or master’s degree in Finance or Accounting is an added advantage.
- 7 years relevant experience of which at least 5 years must have been spent in a similar role.
- Professional membership: Chartered membership of ICAN / ACCA required
Job Qualification and Experience
- First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc), MBA or master’s degree in Finance or Accounting is an added advantage.
- 7 years relevant experience of which at least 5 years must have been spent in a similar role.
- Professional membership: Chartered membership of ICAN / ACCA required
- Ability to communicate in Hausa language is a must.
Functional Skills Requirement:
- Knowledge of audit techniques and methods required.
- Ability to analyse financial data Knowledge of finance, accounting, budgeting, and cost control principles.
- Analytical and critical thinking skills
- Business Acumen
- Communication & Presentation, Good report writing skills and Negotiation Proficiency in Microsoft office
- Teamwork, Integrity, Pro-activity and Detail orientation
- Good knowledge of financial and operational audit
- Thorough understanding of accounting principles and audit standards, procedures, and techniques
- Knowledge of the legal and regulatory framework and regulatory environment
- Demonstrated experience in developing and executing internal audit programs.
- Possess experience working in an FMCG industry or rice mill structure and must be able to work independently amidst stringent timelines and,
- Proficient in the use of Microsoft Office (PowerPoint, Word, Excel, Outlook).
Business Competencies Requirement:
- Strong attention to detail, innovative and result-oriented,
- Self-starter and strong at establishing processes and procedures,
- Strong problem solving and analytical abilities,
- Demonstration of trustworthiness: integrity and excellence,
- Strong interpersonal relationships; customer-centric attitude,
- Good analytical and problem-solving skills,
- Excellent organization and management skills,
- Strong leadership, supervisory and people management skills,
- High sense of responsibility, accountability, and dependability and,
- Excellent report writing skills.
Closing Date
14th June, 2021.
Method of application
Interested and qualified candidates should send their Curriculum Vitae to: [email protected] using the Job Title as the subject of the email.
