Internal Audit Officer at Benin Electricity Distribution Plc. (BEDC)
Benin Electricity Distribution Plc. (BEDC) is one of the retail electricity distribution companies licensed by the federal government Benin Electricity Disco (“BEDC” or “Benin Disco”) is one of the successor distribution companies (Discos) created following the unbundling and privatization of the state-owned Power Utility, Power Holding Company of Nigeria Plc. BEDC is responsible for retail distribution of electricity in Delta, Edo, Ekiti, and Ondo States with geographical coverage of 55,770 square kilometers. The company operates from twenty five (25) business districts with approximately 350 offices located across the four (4) states with about 13 million people and about 4 million households.ROLE OVERVIEW
The role of the Internal Audit Officer is critical in ensuring and strengthening transparency, accountability, and minimizing losses by reviewing and evaluating processes, operations and functions, through a risks-based auditing and reporting approach.
JOB DESCRIPTION
To assist in executing all audit engagements, including ensuring the efficiency, effectiveness and timeliness of all audit reports and standard processes.
Participate in internal audit engagements and investigations.
Review financial, operational, and compliance processes to ensure effectiveness of controls.
Document audit findings and prepare audit reports.
Review compliance with company policies, procedures, and regulatory requirements.
Review the monitoring and enforcement of Standard Operating Procedures (SOPS) and policies implementations and compliance.
Follow up on audit recommendations and implementation status.
Review processes and controls, and recommend improvement opportunities and control enhancements.
Any other duty that may be assigned.
JOB REQUIREMENTS
Educational Requirements
HND/B.Sc/B.Eng. in Accounting, Finance, Engineering, or related fields.
Professional certification (ICAN, ACCA, CIA) is an added advantage.
2 – 3 years Of relevant experience in auditing, accounting, or compliance experience in a similar role.