Full Time
Lagos
Posted 3 years ago

Website Egbin Power Plc

Internal Audit Officer at Egbin Power Plc, Qualified Candidates should Apply. Click for more jobs

Egbin Power Plc. Lagos is one of the biggest additions to the electricity industry in Nigeria. Often seen as the biggest single generating power station in Sub-Saharan Africa, it was built to meet the ever-rising demand for electricity in Lagos and its environs.

Following the nation’s privatization exercise, Sahara, through its power division, Sahara Power Group and sundry affiliations, acquired the 1320 MW installed capacity Egbin Power Plant. We are working towards deploying a minimum of 5,000 MW of electricity generation over the next five years.

We are recruiting to fill the position below:

Job Title: Internal Audit Officer

Location: Lagos

Internal Audit Officer at Egbin Power Plc

Table of Contents

Job Summary

Assist in evaluating the adequacy and effectiveness of the company’s internal controls and compliance with regulations in order to ensure continuous improvement of the overall business operations of Egbin Power Plc.

Key Duties and Responsibilities

Conducting ongoing reviews of all operational processes and procedures
Conducting evaluations of the company to assess risk and compliance with regulations in order to ensure continuous improvement of the overall business operations of Egbin Power Plc.
Assist in conducting risk assessments and identifies controls in place to mitigate identified risks
Reports breaches on internal control policies
Evaluate departmental risk registers review & follow up on action plans
Regular review of company’s compliance with regulatory requirements
Regular review of procurement quotations and budget control form
Periodic inventory count and resolution of outstanding inventory issues
Conduct verification of replaced spares and tools
Regular review of compliance with NCC dispatch tools
Periodic evaluation of cash count and fuel dip
Plans financial, regulatory, compliance and operational reviews/audits.
Partakes in audit procedures to verify that controls are in place
Conducts validity test on effectiveness and efficiency of control environment.
Identifies control gaps and opportunities for improvement.
Researches for update on technical subjects required to support audits (e.g. Basel III, OSFI Guidelines, market risk, etc.).
Assist in preparing audit reports for management.
Assess, evaluate and promote compliance with Egbin’s internal policies.

Education and Work Experience

Bachelor’s Degree in Accounting, Finance, Economics or any relevant course
Relevant professional certification (e.g. CIA, ICAN, ACCA, etc).
Three (3) to Five (5) years of relevant experience.

Skills and Competencies:

Excellent understanding of the standards of the Institute of Internal Auditors (IIA) and ability to fully comply with IIA standards
Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.
Excellent written and oral communication skills
Strong attention to details
Strong report writing skills
Good analytical and investigative skills
Proficiency in MS Office (Word, Excel, PowerPoint), Outlook
Proficiency in other accounting soft wares & applications
Must posses a strong moral code
Excellent time management and organizational skills
Good investigative skills.