Head of Audit and Risk Management

About this role

The role is for Head of Audit and Risk Management at TeamAce Limited in Lagos. It oversees internal audit, risk management and control functions, providing independent assurance over financial, operational, compliance, IT, fraud and outlet-level activities. The position drives risk mitigation, statutory compliance and continuous improvement of internal controls across the business, including revenue assurance and control enhancements. The role requires leading risk-based audit plans, evaluating risks and controls, and reporting with recommendations and follow-up. It involves planning both routine and surprise audits across QSR outlets and conducting fraud risk assessments and investigations, as well as overseeing compliance audits to Nigerian statutory and regulatory requirements. The candidate will review various systems and controls (ERP, POS, payroll, data privacy, cybersecurity, etc.) using data analytics to identify anomalies and address risk.

What you would do

• Develop and execute risk-based audit plans and assess business risks
• Review internal controls and procedures and ensure audit reporting, recommendations and follow-up
• Evaluate financial, operational, compliance and revenue assurance processes to identify gaps and risks
• Plan and conduct routine and surprise audits across QSR outlets, including POS, cash, inventory and cost controls
• Lead fraud risk assessments and investigations and manage evidence handling and reporting
• Oversee compliance audits for Nigerian statutory and regulatory requirements
• Review controls across ERP, POS, payroll, payments, data privacy, cybersecurity, access management, backups and business continuity
• Use data analytics to identify anomalies, assess risks, and address control exceptions
• Present audit findings, risk assessments and recommendations to Board, Audit Committee and senior management
• Drive continuous improvement of internal controls and risk mitigation across the business

What they are asking for

• Bachelor's degree in Accounting, Finance, Economics, Business Administration or related field
• Minimum of 10 years' experience in Internal Audit, Internal Control or Risk Management
• 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 certification strongly preferred
• Strong experience in FMCG, QSR, retail or similar multi-outlet environments
• Proven expertise in risk assessment, fraud investigations, internal controls, data analytics, process improvement and risk mitigation
• Proven ability to present findings and recommendations to Board, Audit Committee and senior management

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