Head, Internal Control & Systems at Trans-Nationwide Express Plc (TRANEX)

Trans-Nationwide Express Plc (TRANEX) is a leading Logistics Company engaged in domestic and International Express delivery, haulage, freight and other ancillary transportation and storage services.

We are recruiting to fill the position of:

Job Title: Head, Internal Control & Systems

Location: Lagos
Reports to: Chairman and CEO

Job Objectives
To plan, manage and coordinate auditing processes and functions, including audits of financial and operational activities.

Job Responsibilities

To implement control over company’s operational activities by way of conducting audit and review of all transactions (both financial and non-financial) in strict compliance with Company’s internal policies & procedures and to provide implementing control measures.
Participate in the preparation of audit confirmations as requested by banks, financial institutions, companies, establishments and individual clients.
Exercise thorough control over vouchers and payments by conducting reconciliations and raising reports on exceptions / variance and checking and verifying vouchers against system reports and source documents.
Develop annual audit plans, manage and define the audit process to ensure compliance with professional auditing standards.
Review and check all procurements, transactions and payments and monitor cash and cheque movement and reception of procured materials
Carry out asset verification and classification
Plan and coordinate the annual audit program; interacting with Senior Management to ensure their involvement in recommending audits of areas with high risks
Oversee the implementation of approved annual audit schedule and provide management with periodic status reports of audits
Participate in external auditor interview process, evaluate external auditor proposals and make recommendations to management
Perform special projects and reviews as assigned.
Review and update Internal Audit Policies and Procedures to ensure they are written clearly, and are in compliance with regulations
Identify key control points and weaknesses in the system or function being audited and develop innovative and creative recommendations for correcting unsatisfactory conditions, improving operations, and reducing cost.
Document audit work and findings in accordance with generally accepted auditing standards.
Perform any other responsibility as may be required by management

Key Result Areas:

Number of delivered audit reports and memos
Number of recommendations issued regarding risks’ prevention or detection
Timeliness of alerts issued regarding important findings revealed in the audit
% reductions in frauds (both in number of frauds & value)
% reductions in error rates (both in number of frauds & value)
Improved annual feedback from other departments (if there is a formal mechanism)
External audit evaluation score from company’s external auditor

Qualifications

B.Sc / HND in Accounting, Finance or other closely related fields.
Minimum of 10 years working experience required
Must be between 40-45 years of age
Must have ACCA/ICAN

Organizational Competencies:

Teamwork
Planning and Organisation
Good communication skills
Analysis and Problem Solving
Understanding corporate governance principles and practices, legal and regulatory framework applicable to the industry

Functional Competencies: