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Head of Audit and Risk Management

TeamAce Limited
Lagos Posted Oct 16, 2026
On-siteNGN 1,000,000 / month

About this role

Head of Audit and Risk Management

Head of Audit and Risk Management

  • Job Type Full Time
  • Qualification BA/BSc/HND , Professional Certificate
  • Experience 10 years
  • Location Lagos
  • City Victoria Island
  • Job Field Finance / Accounting / Audit , Risk Management and Compliance
  • Salary Range Above ₦1,000,000/month

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.

  • Professional certifications such as ACA, ACCA, CIA, or equivalent preferred.

  • Strong knowledge of Nigerian statutory and regulatory requirements and experience with risk-based auditing in a multi-outlet environment.

  • Proven leadership, people management, and communication skills with the ability to influence at all levels of the organization.

  • Demonstrated ability to design and implement robust internal controls, risk assessment methodologies, and governance frameworks.

  • Proficiency in data analytics, ERP systems (e.g., SAP/Oracle/Oracle NetSuite), POS platforms, and related financial systems.

  • Ability to work under pressure, manage multiple priorities, and deliver high-quality outputs within tight deadlines.

  • Industry: Finance / Accounting / Audit; Risk Management and Compliance

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