Head of Audit and Risk Management

TeamAce Limited - Head of Audit and Risk Management

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

Job Summary

• As the Head of Audit and Risk Management, you will lead the internal audit, risk management, and control functions, providing independent assurance over the company’s financial, operational, compliance, IT, fraud, and outlet-level activities.
• The role will drive risk mitigation, statutory compliance, revenue assurance, and continuous improvement of internal controls across the business.

Responsibilities

• Develop and execute risk-based audit plans, assess business risks, review internal controls and procedures, and ensure effective audit reporting, recommendations, and follow-up.
• Evaluate financial, operational, compliance, and revenue assurance processes to identify control gaps, emerging risks, and opportunities to strengthen business performance and accountability.
• 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, ensuring proper evidence handling, confidentiality, and reporting.
• Oversee compliance audits covering 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, using data analytics to identify anomalies, assess risks, and address control exceptions.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
• Minimum of 10 years’ experience in Internal Audit, Internal Control, or Risk Management, 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 certification 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-level controls.
• Proven expertise in risk assessment, fraud investigations, internal controls, data analytics, process improvement, and risk mitigation.
• Demonstrated ability to present audit findings, risk assessments, and strategic recommendations to the Board, Audit Committee, and senior management.

Salary

NGN 1,000,000 – N1,500,000 Monthly Gross.

Application Closing Date

16th November, 2026.