Senior Internal Audit, Compliance and Control Officer at Electronic Payplus Limited – Ibeju-Lekki

Electronic Payplus Limited is recruiting a full-time Senior Internal Audit, Compliance and Control Officer in Ibeju-Lekki, Lagos. The position covers risk-based internal audits, compliance reviews, internal controls, investigations and reporting to management.

Key responsibilities

Internal audit and assurance

• Develop and execute risk-based internal audit plans aligned with operational and financial objectives.
• Audit financial records, operational processes, departmental activities and business transactions.
• Review the accuracy and reliability of financial statements, accounting records and supporting documents.
• Evaluate internal controls, conduct surprise reviews and document audit findings, risks and recommendations.
• Track corrective actions, maintain working papers and follow up on unresolved audit issues.

Internal controls and risk management

• Assess internal control systems, approval workflows, financial authority limits and segregation of duties.
• Identify fraud risks, operational inefficiencies, financial leakages and control weaknesses.
• Review system access and authorisation, recommend measures to safeguard company assets and support control-policy improvements.
• Monitor approved risk-mitigation actions.

Financial, operational and ERP auditing

• Review revenue, expenses, payroll, procurement, inventory, reconciliations, financial reporting and transaction evidence.
• Verify bank reconciliations, payment schedules, invoices, expenditure claims and physical stock records.
• Identify unusual transactions, duplicate payments, unauthorised entries and potential revenue losses.
• Review the accuracy, integrity, access rights, approval workflows and transaction logs of the company’s SAGE 200 ERP system.
• Work with Finance and IT to strengthen system controls and data integrity.

Fraud prevention, compliance and investigation

• Identify possible fraud, misconduct and company-policy violations, and conduct preliminary investigations into reported irregularities.
• Review documents and audit trails, report findings confidentially and recommend corrective and preventive measures.
• Monitor compliance with departmental SOPs, regulatory obligations, financial policies and applicable service-level standards.
• Support policy reviews and regulatory or external audits using appropriate records and evidence.

Reporting, advisory and supervision

• Prepare detailed internal audit reports and advise management on significant financial, operational and compliance risks.
• Maintain an audit issue register, monitor corrective actions and communicate findings to departmental heads.
• Work with Finance, Operations, IT, HR, Procurement and other departments to strengthen controls.
• Guide junior audit personnel, review assigned audit work and promote internal control awareness.
• Maintain professional independence and escalate unresolved control weaknesses.