Head, Audit and Assurance

Job Summary

Responsible for leading the internal audit function, ensuring the integrity and efficiency of financial and operational processes, and providing independent assurance that the organization’s risk management, governance, and internal control processes are operating effectively.

Job Details

RESPONSIBILITIES:

Audit Planning and Execution;

• Develop and implement a comprehensive internal audit plan, ensuring alignment with the organization’s strategic goals and risk assessment.
• Coordinate with senior management to identify key areas of risk and prioritize audit engagements accordingly.
• Oversee the execution of audit engagements, including financial, operational, compliance, and information technology audits.
• Ensure audits are conducted in accordance with established standards, policies, and procedures.
• Monitor the implementation of audit recommendations and ensure timely resolution of identified issues.
• Conduct follow-up audits to verify the effectiveness of corrective actions taken by management.
• Prepare and present audit reports to senior management and the Audit Committee, highlighting key findings, recommendations, and management responses.
• Communicate audit results and recommendations effectively to stakeholders at all levels of the organization.

Compliance and Standards;

• Ensure the internal audit function adheres to professional standards, such as the International Standards for the Professional Practice of Internal Auditing (IIA Standards).
• Stay current with industry best practices, regulatory requirements, and emerging risks.

Risk Assessment;

• Conduct risk assessments to identify and evaluate key risks facing the organization.
• Develop audit strategies to address identified risks and ensure adequate internal controls are in place
• Collaborate with other assurance providers, including external auditors and regulatory bodies, to ensure a coordinated approach to risk management.
• Serve as a trusted advisor to senior management on matters related to risk, control, and governance.

Team Management;

• Lead and manage the audit team, fostering a culture of integrity, accountability, and continuous improvement.
• Provide direction and clarify responsibilities for team members. 
• Ensure team cohesiveness and effectiveness within the unit. Ensure a seamless handshake with the processes and teams of other divisions.   
• Ensure employee engagement within the unit.
• Plan, support, and evaluate the performance of members of the Unit. 
• Provide development support and equip team members with the knowledge and skills required to perform their job effectively.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certification such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent is required.

Experience:

• Minimum of 7-10 years of experience in internal audit, external audit or a related field, with at least 3 years in a supervisory or managerial role.
• Experience in the financial services industry, particularly in consumer lending, is highly desirable.
• Strong understanding of internal auditing standards, risk management, and internal control principles.

COMPETENCIES:

Technical:

• Data Analysis
• Financial Analysis 
• Forensic Auditing and Investigation
• Internal Auditing 
• Internal Control 
• IT Auditing 
• Quality Assurance 
• Regulatory Compliance
• Research
• Risk Management​

Behavioural:

• Entrepreneurial Mindset
• Excellence
• Execution
• Energy
• Empathy
• Evolution
• Emotional Intelligence
• Business Acumen
• Decision-Making
• Result Oriented
• Strategic Thinking
• Communication written & verbal
• Stakeholder Management
• Developing Others
• Analytical Thinking
• Leading Change
• Managing Risk
• Service Orientation

Benefits

At Credit Direct Finance Company Limited, we value our employees and strive to provide a comprehensive benefits package that recognizes their contributions and supports their well-being. As part of our commitment to a positive work environment, we offer the following benefits:

Competitive Salary: We offer a competitive salary structure that is commensurate with industry standards and recognizes the skills and experience of our employees.

Quarterly Performance Pay: We recognize and reward exceptional performance. Our quarterly performance pay program allows employees to earn additional compensation based on their individual and team achievements.

Transport Subsidy: We understand the importance of accessible transportation for our employees. To assist with commuting expenses, we provide a transport subsidy to help alleviate the financial burden associated with travel to and from work.

Staff Bus: We offer a convenient and reliable staff bus service for eligible employees, ensuring a comfortable and stress-free commute to the workplace.

Hybrid Work: We believe in providing flexibility and work-life balance. Our hybrid work policy allows eligible employees to work remotely for a certain number of days per week, promoting a healthy work-life integration.

13th Month Salary: As an additional financial benefit, we provide a 13th-month salary to our employees. This extra payment, usually received at the end of the year, serves as a bonus and acknowledges their dedication and commitment throughout the year.

Leave Allowance: We recognize the importance of taking time off for rest and relaxation. In addition to annual leave entitlement, we provide a leave allowance to eligible employees, offering financial support during their vacation time.

Profit Sharing: We believe in sharing our success with our employees. Through our profit-sharing program, eligible employees have the opportunity to receive a share of the company's profits, providing an additional incentive for their dedication and hard work.

These benefits are designed to support our employees' financial well-being, work-life balance, and professional growth. We continuously review and enhance our benefits package to ensure that it remains competitive and aligned with the needs and preferences of our valued employees.

About Company

Credit Direct Finance Company Limited

https://creditdirect.seamlesshiring.com

Credit Direct is the Fintech arm of the FCMB Group.