Global Oneword Healthcare Limited is a pharmaceutical firm specializing in the import and distribution of pharmaceutical consumable products
We are currently hiring for the following role:
Job Title: Internal Auditor
Location: Surulere, Lagos
Employment Type: Full-time
Department: Internal Audit
Key Areas: Inventory Control, Customer Account Reconciliation
Position Summary
We are seeking a meticulous Internal Auditor to assess and enhance the efficiency of our internal operations—especially inventory systems, payment processes, and compliance controls. This role will help detect risk, monitor compliance with internal policies and external standards, and support fraud prevention across the business.
Key Responsibilities
Audit Oversight
- Design and execute audit strategies focused on inventory, procurement, financial reporting, and payment workflows.
- Review the company’s payment processes to identify irregularities, unauthorized transactions, or violations of policies.
- Regularly examine financial records for accuracy and regulatory compliance.
- Conduct deep audits of inventory operations, from valuation to movement and stock integrity.
- Test the adequacy of controls over accounts payable, vendor settlements, and payment processing.
Inventory Review
- Assess all inventory-related transactions including procurement, sales, returns, and stock movement.
- Participate in physical stock audits and conduct random cycle counts to flag inconsistencies.
- Review slow-moving or obsolete inventory for accurate valuation.
- Liaise with logistics and store teams to ensure inventory handling aligns with company standards.
Payment & Financial Compliance
- Evaluate how payments are initiated and approved to ensure proper authorization.
- Check that payment records and vendor invoices are properly documented and reconciled.
- Review segregation of duties to prevent financial misappropriation.
- Ensure all payment transactions comply with accounting standards and tax laws.
Collaboration & Support
- Coordinate with finance, operations, and warehouse departments to understand and improve internal control effectiveness.
- Provide training on compliance processes for payments and stock control.
- Support external audits and regulatory inspections with accurate financial disclosures.
Process Enhancement
- Keep up to date with best practices in internal audit, inventory monitoring, and financial oversight.
- Recommend innovations to make audit operations more effective and data-driven.
- Identify inefficiencies or red flags and suggest cost-effective, risk-reducing solutions.
Compliance & Risk Management
- Pinpoint vulnerabilities in inventory and payment systems and recommend improvements.
- Stay current with financial regulations, internal audit practices, and international accounting standards.
- Guide the company on improving financial discipline and reducing operational risks.
- Ensure implementation of corrective actions when internal control weaknesses are found.
Documentation & Reporting
- Prepare detailed audit reports highlighting risks, irregularities, and action points.
- Communicate findings to senior leadership and ensure proper documentation of audit procedures and results.
Qualifications
- Bsc in Accounting, Business Administration, Finance, or a related discipline.
- In-depth knowledge of internal control systems and financial reporting—particularly for inventory-heavy and distribution-based organizations.
- 2–3 years of audit experience within retail, logistics, or similar sectors.
- Proficiency in Excel and accounting tools is an advantage.
Key Skills & Attributes
- Strong analytical ability and attention to detail.
- Self-motivated with a proactive and investigative mindset.
- High ethical standards and ability to manage sensitive information.
- Excellent communication and reporting skills.
- Strong organizational and time management skills.
Salary: ₦200,000 monthly (negotiable based on experience)
How to Apply
Interested candidates should send their CV to: bejitu@yahoo.com
Email subject line should state the Job Title (e.g., Internal Auditor).
Note: Only applicants living on the Lagos Mainland (Surulere, Orile, Mile 2, or Amuwo Odofin) will be given preference.
Application Deadline: 27th May, 2025
To apply for this job please visit yahoo.com.