Internal Audit Assistant at FBN Insurance Brokers Limited

FBN Insurance Brokers Limited is a wholly owned subsidiary of FBN Holdings Plc. FBN Insurance Brokers combines expert broking knowledge and capabilities for risk assessment, analysis, structuring, and overall servicing that has resulted in increased insurance portfolios since its commencement of the insurance brokerage business on July 1, 2000.

We also work on a range of value-added Risk Management services. We have the reputation, expertise, and unrivaled experience in Energy Insurance, Oil and Gas, sophisticated/Complex Risk Management, and Re-insurance services, and these operational and corporate alliances with the international Brokers are geared toward building infrastructure for the industry in terms of capabilities, skills, knowledge update, improved professionalism and Best Business Practice possible. FBN Insurance Brokers Limited has a total branch network of three, located in Abuja, Port Harcourt, and Ibadan, and also leverages over 700 branches of FirstBank Nigeria Limited.

We are recruiting to fill the position below:

Job Title: Internal Audit Assistant

Location: Onikan, Lagos
Employment Type: Full-time
Reports to: Head, Internal Audit
Supervises: N/A

Role Objectives

The Internal Audit Assistant will provide support to the audit department by assisting with financial, operation, and technology audit functions under the direction of the HIA.

Responsibilities

Periodically analyze and interpret financial and operational data and present reports on trends.
Discuss audit findings with HIA and prepare written audit observations.
Collaborate with other departments to suggest solutions to reduce risks presented by control gaps and failures.
Communicate audit results and recommendations through audit reports that are sent to HIA
Complete and maintain audit records, including the department’s audit recommendation tracking system in conjunction with HIA as required.
Enforce health and safety regulations within the head office and branch offices.
Plan, coordinate, and carry out ad hoc project work as directed by the Head of Internal Audit.

Key Performance Indicators

Timeliness in the preparation of periodic Audit reports to HIA.
Total No. of Audit initiated for each department/visit to branches in a year.
% of key processes documented and reported to HIA.
% of Audit Plan prepared for branches and other departments.
Consistency in communicating compliance issues to relevant departments.
Timely rendition of reports on all compliance issues including the Anti-money Laundering Act to HIA

Qualifications

A Bachelor’s Degree in Accounting while a master’s such as MBA (Finance Major) will be an added advantage.
5 years of related work experience, with at least 2 years in an Internal Audit role or equivalent.
Professional Membership: Certified membership of ICAN or ACCA is a MUST within 2 years of hire.
Grade Alignment: (Superintend – Assistant Manager)

Competence Requirements:
Core Skills:

Expert skills in auditing techniques, accounting, and management principles.
Ability to provide high-level and detailed perspectives of audit issues
Must understand and be conversant with NAICOM Laws and practices.
Experience in budget planning and implementation would be advantageous.
P/C personal productivity tools such as Microsoft word, Excel, PowerPoint, Outlook

Generic Skills:

An Ideal FBNIB person MUST be/have Innovative (Disruptive and Creative in solving Problems)
Integrity (Inspire trust and confidence in customers and co-workers)
Respect (For self and others)
Customer-Centric (Empathetic and Focused on Customer
Attention to detail.
Strong Analytical and documentation skills.
Experienced recommending results/corrective Actions
Proficient in planning and conducting audits
Team-leading skills
Organization and planning.