Team Lead, Internal Audit at Interswitch Group


Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. We started operations in 2002 as a transaction switching and electronic payments processing, and have progressively evolved into an integrated payment services company, building and managing payment infrastructure as well as delivering innovative payment products and transactional services throughout the African continent. At Interswitch, we offer unique career opportunities for individuals capable of playing key roles and adding value in an innovative and fun environment.

We are recruiting to fill the position below:

Job Title: Team Lead, Internal Audit

Location: Lagos
Job type: Permanent
Department: GMD’s Office

Job Description

  • Reporting to the Head, Business Processes & Finance Audit, the Team Lead Internal Audit will execute individual assurance, consulting, and other internal audit engagements as part of the annual risk-based internal audit plan.
  • This will include developing internal audit scope, performing internal audit procedures, and preparing internal audit reports that reflect results of work performed for reviews and approvals by Head, Business Processes & Finance Audit.
  • The role requires requisite internal audit competencies with appreciable knowledge of the International Standard for the Professional Practice of Internal Auditing and other global standards.


  • Perform assurance and consulting engagements, special requests, and management requests
  • Carry out first level review of the work performed to ensure adequacy of audit scope, testing performed, and the accuracy of conclusions reached
  • Coordinate internal audit team-members in planning, execution, and reporting of audit engagements
  • Work with other team-members when assigned to coordinate audits to ensure outputs are in line with the internal audit methodology and report to Head, business process and financial audit of the output
  • Prepare work programs for assigned audits and other documentations necessary to undertake the assigned engagement
  • Communicate the results, findings and recommendations of audit projects through written reports and face-to-face presentations on a timely basis to the Head, Business Processes & Finance Audit
  • Document work done in accordance with the internal audit manual and methodology and ensure that all working papers are complete, appropriately referenced and support the conclusions reached
  • Update and maintain overdue actions database and liaise with process owners on implementation status
  • Work with other team member to conduct formal follow-up audits of implementation status of agreed management action plans per approved risk-based audit plan
  • Provide timely and comprehensive feedback to Head, Business Processes & Finance Audit on implementation of assigned engagements
  • Perform other tasks and duties as assigned by the Head, Business Processes & Finance Audit
  • Use of CAAT tool to deliver efficient audit projects
  • Maintain all Interswitch and professional ethical standards and ensure internal audit activities are carried out in compliance with The International Standards for the Professional Practice of Internal Auditing (Standards) and IIA Code of Ethics

Experience & Qualifications Required:

  • First Degree in a relevant field in Accounting, Business, Economics, IT, and/ or Social sSience
  • ACA, ACCA, or other accounting professional qualifications required
  • CIA, CISA, and related audit qualification added advantage
  • 7 to 9 years relevant experience in internal &/or external auditing and compliance monitoring in a reputable organization, with at least 3 years managing others in a supervisory position
  • Demonstrable understanding & application of internal control concepts to plan, perform, manage and report evaluations of various business processes
  • Knowledge of technical accounting and IFRS
  • Application of best practice audit standards and latest audit techniques, and tools
  • Prior experience working in Fintech or payment services firm; Big 4 professional service firm; banking or other financial services firm, technology firms etc will be an advantage
  • Experience in data analytics and continuous auditing
  • Demonstrable knowledge of fraud schemes and indicators

Competencies Required:

  • Application of leading internal audit standards, risk management and control methodologies
  • International Professional Practice Framework (IPPF)
  • Business Processes
  • Accounting standards / IFRS
  • Auditing internal control over financial reporting (ICFR/Sox)
  • Data Analytics skills & Proficiency in use of CAAT
  • Excellent communication skills – verbal, written, presentation
  • Critical thinking and attention to detail

Application Closing Date
23rd June, 2022.

Method of Application
Interested and qualified candidates should:
Click here to apply online


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