Job Vacancy Description
Ibadan Electricity Distribution Company (IBEDC) Plc - Headquartered in Ibadan is responsible for electricity distribution within the south-western zone (Oyo, Ogun, Osun and Kwara as well as some parts of Kogi, Ekiti and Niger states).
We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.
Ibadan Electricity Distribution Company is recruiting to fill the position below:
Job Title: Head, Audit & Risk
Job Description
To plan, execute and report to the Board on operational, financial, regulatory and compliance related audits/reviews. Provide advice on internal control, including questions on risk management techniques. Ensure compliance to business policies and procedures and define corrective plans to manage fraud and error incidents
Responsibilities
§ Defines the overall Internal Audit & Control Framework including governance approach, procedures, processes and tools
§ Defines the Code of Ethics for the organization to ensure all business operations are conducted with integrity
§ Coordinates the development of internal audit and control policies and procedures
§ Conducts risk assessments and identifies/puts controls in place to mitigate identified risks
§ Coordinates the development of a comprehensive audit plan used to outline the nature/scope of internal audit & control activities and ensures effective execution
§ Oversees the execution of special audit projects such as investigations, charter reviews, etc.
§ Identifies and recommends business process changes resulting in strengthened internal controls and operational efficiencies
§ Follows-up to ensure that past recommendations and remediation work have been implemented properly to correct identified deficiencies/close gaps.
§ Participates in the execution of new company initiatives and provides guidance on internal controls and efficiencies.
§ Develops the Function’s budget and monitor expenses against the budget to ensure optimum utilization of financial resources.
§ Prepares timely annual audit reports for executive management, the Audit Committee and the Board of Directors.
§ Contributes, as appropriate, in the year-end financial audit with the external auditor.
15
Specialization BSc Accounting or Finance is required
Minimum Qualification BACHELOR DEGREE
Behaviour Requirements
Skills Requirements