Internal Auditor

E-Terra Technologies Limited is a pioneering Nigerian end-to-end electronic waste (e-waste) management and secure data destruction company established in 2013, with its head office in Surulere, Lagos. We are recruiting to fill the position below:

Job Title: Internal Auditor

Location: Surulere, Lagos

Employment Type: Full-time Job Purpose The Internal Auditor is responsible for providing independent, objective assurance and advisory services to E-Terra Technologies Limited on the effectiveness of its internal controls, risk management processes, financial and operational procedures, and compliance with applicable laws, regulations, company policies and contractual obligations. The role is designed to safeguard company assets, promote financial integrity, prevent and detect fraud, identify operational inefficiencies, verify the accuracy of financial and operational records, and ensure that company resources are used economically, efficiently and effectively. Considering E-Terra Technologies Limited's involvement in electronic waste management, recycling, material recovery and environmental sustainability, the Internal Auditor will also assess controls over inventory, electronic waste materials, recovered commodities, procurement, equipment, logistics, facility operations, regulatory obligations and related revenue streams. The successful candidate must demonstrate professional independence, integrity, analytical ability, sound judgement and a strong commitment to confidentiality and accountability.

Key Duties

and

Responsibilities

Internal Audit Planning and Execution: Develop and implement a risk-based annual internal audit plan for review and approval by the appropriate authority. Conduct periodic audits of the company's financial, operational, administrative and commercial activities. Perform audit assignments in line with approved audit procedures, professional standards and established company policies. Review departmental processes to identify weaknesses, inefficiencies, control gaps and areas of potential financial exposure. Conduct walkthroughs, interviews, document reviews, sample testing and substantive verification of transactions. Evaluate the adequacy and effectiveness of internal controls, approval processes and segregation of duties. Prepare audit work papers, supporting schedules and evidence sufficient to substantiate audit findings. Conduct special audits, investigations and management-requested reviews when authorized. Ensure audit engagements are completed within approved timelines and communicate significant findings promptly. Maintain appropriate independence and objectivity throughout all audit assignments. Financial Audit and Accounting Controls: Review financial transactions, accounting records, journals, ledgers, bank reconciliations and supporting documentation. Verify the accuracy, completeness, validity and appropriate authorization of payments, receipts, expenses and other financial transactions. Examine cash management, bank transactions, petty cash, advances, reimbursements and other disbursements. Review accounts payable and receivable, customer balances, supplier balances and outstanding obligations. Assess compliance with approved budgets, expenditure limits, delegated authorities and financial policies. Verify the adequacy of supporting documents for payment requests, purchase orders, invoices and expense claims. Review payroll controls, employee-related payments, statutory deductions and reconciliations in coordination with the responsible departments. Examine revenue recognition, invoicing, collections, credit notes and outstanding customer balances. Identify unusual transactions, duplicate payments, unsupported expenses, unexplained variances and potential financial irregularities. Provide practical recommendations to improve financial reporting, transaction processing and accountability. Procurement and Vendor Management Audit: Review procurement activities to ensure compliance with approved procurement policies and authorization procedures. Verify the existence of appropriate requisitions, quotations, purchase orders, approvals, invoices and delivery documentation. Assess the transparency and fairness of vendor selection and supplier engagement processes. Review supplier onboarding, vendor records, contract documentation and conflict-of-interest declarations where applicable. Compare purchase prices, quantities and specifications against approved purchase orders and delivery records. Identify potential procurement fraud, inflated pricing, duplicate orders, fictitious vendors, unauthorized purchases and irregular payments. Examine contract variations, advance payments, supplier balances and procurement exceptions. Review vendor performance documentation and the effectiveness of procurement controls. Report procurement irregularities and recommend appropriate corrective actions. Inventory, Warehouse and Asset Management Audit: Conduct periodic physical verification of company assets, equipment, inventory and other accountable resources. Reconcile physical inventory counts with stock registers, warehouse records and accounting balances. Review controls over the receipt, storage, movement, transfer, processing and dispatch of materials. Examine records relating to electronic waste received, processed, dismantled, sorted, recovered, stored and dispatched. Verify quantities, weights and supporting records for incoming e-waste, recovered materials and outbound recyclable commodities. Review weighbridge records, delivery notes, gate passes, stock movement records and other relevant operational documentation, where applicable. Investigate unexplained stock discrepancies, losses, damage, unauthorized disposals and potential diversion of materials. Assess co