Head of Internal Audit and Control

TeamAce Limited - Our client, a reputable organization in the QSR sector, is recruiting to fill the position below:

Job Title: Head of Internal Audit & Control

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• As the Head of Internal Audit & Control, you will lead the internal audit and control function, providing independent assurance over the company’s financial, operational, compliance, IT, fraud, and outlet-level control environment.
• The role will also drive risk management, statutory compliance, revenue assurance, and continuous improvement of internal controls.

Responsibilities

• Develop and execute risk-based audit plans, review internal controls and procedures, maintain the audit charter and methodology, and ensure effective audit reporting and follow-up.
• Assess financial, operational, compliance, and revenue assurance processes, identify control gaps and emerging risks, and recommend improvements to strengthen business controls.
• Plan and conduct routine and surprise audits across QSR outlets, covering POS transactions, cash collections, reconciliations, inventory, wastage, shrinkage, food cost controls, delivery platforms, CCTV, procurement, and loss prevention.
• Lead fraud risk assessments and investigations involving fraud, theft, cash leakage, payroll abuse, procurement irregularities, and whistleblowing cases, while maintaining proper evidence, confidentiality, and reporting standards.
• Ensure compliance audits cover Nigerian statutory and regulatory requirements, including FIRS, CAC, LASEPA, labour requirements, NAFDAC, food safety, hygiene, outlet licensing, permits, and operational certifications.
• Review ERP, POS, payroll, payment, delivery platform, data privacy, cybersecurity, access management, backup, and business continuity controls, while using data analytics to identify anomalies and control exceptions.
• Lead and develop the internal audit and control team, establish performance objectives, resource and succession plans, strengthen audit capabilities, and promote a strong control culture across Finance, Operations, Supply Chain, HR, and IT.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
• Minimum of 10 years’ experience in Internal Audit/Internal Control, with at least 3–4 years in a managerial or leadership role as Head of Function or Senior Audit Manager.
• ACA (ICAN) or ACCA is required; CIA or CISA is strongly preferred.
• Strong experience in FMCG, QSR, retail, or a similar multi-outlet business environment, with sound knowledge of financial, operational, compliance, and outlet controls.
• Proven experience in fraud investigations, risk management, data analytics, process improvement, and control enhancement.
• Proven ability to present audit findings and strategic recommendations to the Board, Audit Committee, and senior management.

Salary
N1,000,000 – N1,500,000 Monthly.