Overview

The Management of OLA College of Education is seeking for the  positions of Assistant Deputy Internal Auditor for suitably qualified and competent applicants. Assistant internal auditors undertake a wide range of functions in an organization or company in ensuring that organizations’ accounting procedures and systems are accurate. The work description example shown below provides major tasks, duties, objectives, and responsibilities that assistant internal auditors are commonly required to perform.

Job Description

An assistant internal auditor is saddled with the responsibility of ensuring that proper checks are carried out to ensure accuracy of accounting systems and procedures.

His/her job description entails recommending changes in the accounting systems and controls of any business. The assistant internal auditor goes a step further to verify and also inspect accounts receivable; including payable ledgers, as well as the accuracy of its general ledger.

His/her role also involves checking and reconciling bank deposits and payments. In general, the Assistant Deputy Internal Auditor will provide an independent, objective assurance and consulting services designed to add value and improve the College’s operations. He/ She will help the College accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve risk management, control, and governance processes.

Responsibilities and Duties

The responsibilities and duties of the Internal Auditor include:

•  Determining the reliability and adequacy of accounting, financial and operational controls in the College
•  Evaluate the procedures of the College to determine whether results are consistent with stated objectives and goals
•  Monitoring compliance with established policies, plan and procedures
•  Appraising the quality of performance of those carrying out assigned responsibilities
• Assessing the extent to which assets are accounted for and safeguarded against loses
•  Ensuring that reliable records form the basis for the preparation of appropriate financial and other data provided for decision-making
•  Drawing the Principal’s attention to deficiencies in the system, instances of duplicated functions, waste or other inefficiencies with recommendations for remedies where necessary
•  Carrying out special reviews of accounting and internal control systems with the view to minimizing weaknesses.

Qualification Required & Experience

• Applicant must hold M Com or MBA (Finance or Accounting) and Chartered.
•  He/She must have served as a Senior Assistant Internal Auditor in a College of Education or comparable grade in a similar institution/ organization for at least five (5) years.
•  Must be a member of a recognized Accountancy Professional Association, as well as a member of the Institute of internal Auditors.