Head internal audit & compliance new vacancy job at electronic payplus limited | details and application guides

Electronic Payplus Limited is a customer focused, smart card and payment solution

service provider incorporated in 2004. The company commenced operations in 2005 with POS terminal deployment and changed its line of business to smart card production and personalization in 2009.

Electronic Payplus Limited is known for its world class service delivery, and has been

doing business in both the financial and non-financial sectors of the Nigerian economy as well as in regions beyond Nigeria. Our facility is the first and only purpose-built personalization bureau in Nigeria at present - with an installed capacity of 12 million cards per annum.

We are recruiting to fill the position below:

Job Title: Head Internal Audit & Compliance

Department / Unit: Internal Audit & Compliance

Location: Lakowe, Ibeju-Leki

Job Summary & Purpose:

Responsible for planning, executing and reporting on operational, financial, regulatory and compliance related issues. A secondary role is to provide advice on internal control to management, including responding to questions on risk management.

Organizational Relationships: Reports to whom Managing Director

Internal relationships: All staff / departments

Responsibilities:

Ensure compliance with company's policies, processes and procedures.
Ensure compliance with certification requirements (Verve, MasterCard and Visa)
Review the efficiency and effectiveness of operational standards and procedures.
Review existing accounting systems and related controls at intervals.
Carry out any investigation as may be required by management.
Provide operation and financial information for decision making process.
Liaison with external auditors on issues bothering on certification and audit.
Develop an annual audit plan using appropriate risk-based methodology, including risks and risks, by management and submit that plan to the board for review and approval.
Implement the annual audit plan, as approved, including, as appropriate, any special mandate or project requested by management and the board.
Maintain a professional audit staff with sufficient knowledge, skills, experience and professional certification to meet the requirement of this charter.
Issue of audit report to management and any other relevant parties at the conclusion of each audit.
Follow-up on the management process is clearly addressed and remedied by management within the mutually agreed timeframe.
Prepare and present quarterly reports on the board summarizing the status and results of audit activities.
Identify key processes supporting financial reporting, assisting business process owners to identify and review their financial statements.
Assess the effectiveness of the disclosure controls and procedures on a quarterly basis.
Review and Investigate Complaints Reported by the Whistleblower Program and Report to the Managing Director on a Quarterly basis, or promptly if the complaint has come to a material conclusion for the Company helping to bring corrective actions.
Review the Company's Antifraud program and practices with management and the Audit Committee.
Investigation on suspected fraudulent activities within the organization and notify management and the Audit Committee of the results.
Serve as a resource to the Company in identifying the need for and characteristics of adequate systems of control.
Keep the management informed of emerging trends and successful practices in internal auditing.

Person Specifications

Academic Qualification:

Bachelor's degree or HND in Finance, Economics, Business Administration.

Professional Qualification:

ACA, ACCA, CISA etc

Experience:

Financial Services experience
Minimum 8 years post qualified experience
Experience in the management of audit departments and staff
Thorough understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures.

Key Skills and competencies