Internal Audit & Compliance Manager at Ascentech Services Limited

Internal Audit & Compliance Manager at Ascentech Services Limited

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Ascentech Services Ltd acts as a gateway to provide a wide range of recruitment and selection services to companies. We are a dedicated team of professional consultants offering top of the line executive recruitment and selection services.

Ascentech Services Ltd acts as a gateway to provide end to end recruitment services to Organisations Worldwide. We are a dedicated team of professional consultants offering top of the line executive recruitment and selection services.

We cater for the needs of a range of professionals seeking employment and work together to create effective solutions using our networks and strong client base.

Vision & Mission

To be recognized and respected as a leading employment and recruitment services company in Nigeria without compromising on quality services to our clients and also to support equal opportunity in employment and objectively evaluate all qualified candidates.

“The foundation of our business philosophy is to introduce the Right Candidates to our Clients. We will strive to deliver world-class professional employment solutions to employers and job seekers across diverse organizations and industries in several disciplines and verticals.

We will preserve to serve our clients using our skills, knowledge and expertise to help meet their business objectives.”

Our Services
We conduct assignments for junior, middle and senior management positions. We have acquired vast experience years in understanding the dynamics of attracting quality executives and identifying key leadership characteristics. We offer the following in our basket of services:

*Domestic Recruitment
Executive Search
HR consulting
Background CheckAscentech Services Limited – Our client, a Commercial and Industrial Printing & Publishing company with head office in Lagos, is currently looking to hire an Internal Audit & Compliance Manager.

Education:    BSc/HND/MSc/MBA

Experience:   10 years


The Internal Audit & Compliance Manager will be responsible for three broad functional areas: Risk Management; Compliance, and Internal Audit. The successful candidate will therefore ensure that the company complies with any laws or regulations that apply to the business, protect assets by completing audits, and recommend improvements in internal control structure.


Conduct periodic internal reviews or audits to ensure that compliance procedures are followed;
Conduct or direct the internal investigation of compliance issues;
Develop, initiate, maintain, and revise policies and procedures for the general operation of compliance and its related activities to prevent illegal, unethical, or improper conduct.
Assess product, compliance, or operational risks and develop risk management strategies;
Identify compliance issues that require follow-up or investigation;
Disseminate written policies and procedures related to compliance activities;
Maintain documentation of compliance activities, such as complaints received or investigation outcomes;
Control the full audit cycle including risk management and process management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations and sound business practices.
Manage operational process by following production, productivity, quality, and customer-service standards; resolving operational problems and identifying work process improvements.
Evaluate the adequacy of the system of internal controls and recommend improvements in control.
Consult with the internal Legal Counsel as and when necessary to address difficult legal compliance issues;
Collaborate with human resources departments to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations;
Advice internal management or business partners on the implementation or operation of compliance programs;
Provide counsel, and advice the Leadership and the organization in general regarding the activities examined and other significant issues.
Responsible for planning, designing, implementing, and maintaining compliance and audit programs, policies, and procedures that promote a corporate culture that fosters ethical and compliant behavior and provides the basis for ensuring adequate internal controls and compliance with all laws and regulatory requirements applicable to departments and divisions
Review communications such as securities sales advertising to ensure there are no violations of standards or regulations;
Provide assistance to internal or external auditors in compliance reviews;
Prepare management reports regarding compliance operations and progress;
Monitor compliance systems to ensure their effectiveness;
Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required;
Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes;
Design or implement improvements in communication, monitoring, or enforcement of compliance standards;
Verify assets and liabilities by comparing items to documentation and recommend proper safeguards.
Review operations/projects to ascertain whether results are consistent with established objectives and whether the operations/projects are being carried out as planned. Identify loopholes and recommend risk aversion measures.
Investigate reported occurrences of fraud, embezzlement, theft, waste, etc.
Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated.


BSc/HND in Accounting, Finance, Economics or similar discipline. MBA/MSc in a relevant field is essential and professional qualification/certifications (i.e. ACA, ACCA, etc.) is an advantage.


At least 10 years’ experience in either external or internal audit, compliance, or risk management – preferably in a Manufacturing/FMCG company.

Skills and Abilities

Excellent analytical skills
Innovative and Strategic thinking
Well-developed presentation and communication skills
Sound interpersonal and negotiation skills


Proficiency in the use of a relevant Accounting ERP/Software (i.e. SAP, Navision, Sage, etc.) is a plus.
Proficient in the use of MS Office – MS Word, MS Excel & MS Powerpoint.
Ability to speak and communicate in fluent English.
Ability to analyze data and come up with reports and/or information that guide decision making.

NB: Only shortlisted candidates will be contacted.
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