Audit Officer at Flour Mills of Nigeria Plc

Flour Mills of Nigeria Plc was incorporated in September 1960 as a private limited liability company, and commenced operations in 1962 with an installed capacity of 600 metric tons per day. The Company was converted to a public limited liability company in 1978, and its shares were subsequently listed on The Nigerian Stock Exchange. In its 54 year history, Flour Mills has remained at the forefront of wheat milling in Nigeria. The Company’s flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria. Flour Mills has invested over N25billion in milling infrastructure over the last seven years, to maintain its competitive advantage. Today, Flour Mills has a rated milling capacity of over 8,000 metric tons per day, making it one of the largest single site mills in the world. The Company’s flagship mill located in Apapa, Lagos comprises of 10 integrated mills. Each mill was designed as a multilevel operation in order to optimize the use of gravity in the sifting process, thereby reducing the energy requirements. In addition, the Company maintains dedicated mills to the processing of different wheat varieties to produce different flour types. This has ensured consistent quality of its products for 50 years. The Apapa Mill also boasts of modern silos with a storage capacity to 191,000 metric tons. Flour Mills has also made significant investments in power generation. The Company has 11 General Electric (GE) Jenbacher gas generators at its Apapa Mills, with a combined capacity of 30 megawatts. This has enabled the company to reduce the occurrence of production stoppages. In addition, the Company has a 30megawatt diesel plant at the same site to act as a backup in the event of any shortage of feedstock to the gas generators.
Purpose

To monitor internal control processes established by the management, and to appraise independently the accounting, financial and other controls within the organisation.

The Job

Performs the preliminary review, including the internal control evaluation and assists the Audit Manager in designing audit programs related to systems review and governance, in line with the Annual Audit Plan.
Completes portion of audit program under guidance, evaluates and tests business processes and control, identifies areas of risk and internal control improvement opportunities and ensures timely completion of, and reporting on individual audit engagements in line with Institute of Internal Auditors’ (IIA’s) Global Internal Audit Standards.
Prepares and organises audit work papers that adequately support audit conclusions and recommendations.
Works under supervision to conduct assurance and consulting audits and develop recommendations in accordance with the International Professional Practices Framework (IPPF).

Qualifications

BSC /HND in Accounting or related field
Professional qualification such as ACA, ACCA or CIA is an advantage.

Experience:

Minimum of 2 years of experience in a manufacturing organization, FMCG or an audit firm.

The Person Must:

Have excellent verbal and written communication skills.
Possess analytical and problem-solving abilities.
Thrives on innovative thinking and the exploration of diverse perspectives that go beyond the usual norms.
Maintain the highest standards of integrity and ethical behaviour to ensure that audits are conducted objectively.