Head, Audit & Risk At Ibadan Electricity Distribution Company (IBEDC) Plc In Ibadan

Job Details

Job Title: Head, Audit & Risk At Ibadan Electricity Distribution Company (IBEDC) Plc In Ibadan
Organisation: Ibadan Electricity Distribution Company (IBEDC) Plc
Location:
Min Work Experience: 15 year(s)
Qualification: B.Sc
Industry:
Course: Accounting,Banking And Finance

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.

Requirements
Minimum years of experience

15

Qualifications
B.Sc
Other Requirements

Specialization BSc Accounting or Finance is required

Minimum Qualification BACHELOR DEGREE  

Behaviour Requirements

  • Strong analytical and evaluation ability
  • Ability to analyse and document business processes
  • Strong attention to details
  • Business Acumen

Skills Requirements

  • Investigation and reporting skills
  • Enterprise risk management skills
  • Excellent communication skills
  • Report writing skills
  • Analytical skills


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