Internal Audit Officer at Egbin Power Plc


Egbin Power Plc

Egbin Power Plc. Lagos is one of the biggest additions to the electricity industry in Nigeria. Often seen as the biggest single generating power station in Sub-Saharan Africa, it was built to meet the every rising demand for electricity in Lagos and its environs.

Following the nation’s privatization exercise, Sahara, through its power division, Sahara Power Group and sundry affiliations, acquired the 1320 MW installed capacity Egbin Power Plant. We are working towards deploying a minimum of 5,000 MW of electricity generation over the next five years.

We are recruiting to fill the position below:

Job Title: Internal Audit Officer

Job Identification: 310
Location: Ikorodu, Lagos
Job Schedule: Full time
Job Category: Non-Technical

Job Summary

  • The Internal Audit Officer will assist in evaluating the adequacy and effectiveness of the company’s internal controls and compliance with regulations to ensure continuous improvement of the overall business operations of Egbin Power Plc.

Job description

  • Conduct ongoing reviews of all operational processes and procedures.
  • Evaluate the adequacy and effectiveness of the company’s internal controls and compliance with regulations to ensure continuous improvement of the overall business operations of Egbin Power Plc.
  • Evaluate the internal control system in the company and recommend improvements for changes where necessary.
  • Responsible for conducting various audits and reviews with a key emphasis on corporate governance.
  • Partakes in audit procedures to verify that controls are in place. 
  • Conducts validity tests on the effectiveness and efficiency of the control environment.
  • Identifies control gaps and opportunities for improvement.
  • Research for updates on technical subjects required to support audits (e.g. Basel III, OSFI Guidelines, market risk, etc.)
  • Assist in preparing audit reports for management.
  • Assess, evaluate, and promote compliance with Egbin’s internal policies.
  • Perform other duties as assigned by the Audit Team Lead.
  • Implement data protection policies and practices of Egbin Power Plc.
  • Ensure compliance with the NDPR and other data protection laws, and data protection policies.
  • Undertake Data Protection Impact Assessment as applicable to curb the risk during data processing operations.
  • Take accountability for establishing and effectively implementing an Integrated Management System (ISO 9001:2015, 14001:2015 & 45001:2018) and supporting other relevant roles to show their leadership as it applies to your areas of responsibility.
  • Ensure a strategic review of business processes to drive customer satisfaction and improvement.
  • Engage, direct, and support persons /units/departments to understand and identify hazards, risks, environmental aspects, and Impacts related to their jobs. 
  • Carry other tasks assigned by the Head of Internal Audit.

Job Requirements

  • Bachelor’s Degree in Accounting, Finance, Economics or any relevant course 
  • Professional certification is a must-have (e.g., CIA, ICAN, ACCA, etc.).
  • Zero (0) to two (2) years of relevant work experience.
  • Excellent written and oral communication skills
  • Strong attention to details
  • Proficiency in MS Office (Word, Excel, PowerPoint), Outlook
  • Must possess a strong moral code.
  • Strong report writing skills.
  • Good analytical and investigative skills.

Application Closing Date
17th January, 2025; 05:00 PM.

How to Apply
Interested and qualified candidates should:
Click here to apply online