Job Objective / Purpose of Job: Responsible for carrying out internal control procedures as set out by the policy guideline and assisting the Head of Internal control to implement risk assessment policies and compliance issues
Key Accountabilities / Responsibilities
Risk Analysis
Assist the Head of Internal Control and to establish and implement a risk management framework
Assist the business unit management team in the identification, assessment, monitoring, aggregation and mitigation of key risks in order to influence decision making
Assist in developing and maintaining an effective end-to-end risk management program
Compile audit tests and findings
Assist in driving the implementation of the operational Risk framework in the firm
Work with colleagues to interpret regulatory guidance on risk management and maintain appropriate policies and procedures
Operating Control Procedures
Ensure prompt delivery of reports as may be required by the Internal Control Officer and Head, Internal Control Officer
Undertake Internal control Assessments across the organs of the Organisation
Conduct a daily serial review for all numbered entries, payments, cancellations and refunds of bookings
Undertake special control Investigations as may be assigned from time to time
Carry out spot checks, stock taking and other functions as may be assigned from time to time.
Ensure that all cash and cheque received are promptly recorded and deposited in the form originally received
Coordinate other employees and staff to implement the set out internal control procedures.
Identify internal control weaknesses and inform Head of internal control to recommend a review of such system
Audit Procedures
Ensure integrity of transactions through daily review of balance reports and other relevant reports
Perform trend analysis on a timely basis to monitor sales and expenses and identify and monitor any irregular trends
Perform ratio analysis on a timely basis to support comparison to set benchmark or accounting periods
Conduct unannounced cash counts
Monitor the firm’s financial activity on a regular basis, comparing actual to budgeted revenues and expenses
Crosscheck the authorised signatures on documents and cheques
Assist in ensuring there are audit trails on accounting software
Assist in ensuring that assets such as vehicles, cell phones, equipment, and other resources are used only for official business
Compliance
Work with colleagues to interpret regulatory guidance on model risk management to establish and maintain appropriate policies and procedures
Ensure adherence of compliance to procedures and policies of firm or related external body
Assist in producing a conflict of interest and code of ethics policy that is updated annually.
Provide control and compliance support to other business units
Promote a compliance culture in firm that aligns with the control and business objectives of the Bank
Applying knowledge and expertise on rules and regulations, and industry standards and best practices.
Carrying out observations, inspections and inquiries to test compliance with set out rules
Key Performance Areas:
Financial
Budget management
Fraud Management
Correct and Updated Financial Statement
Internal Process
Segregation of Duties
Adequate Control Environment
Risk Management Procedures
Customer
Ethical Culture
Risk Thinking Attitude
Internal Control procedure
Learning & Growth
Use and appreciation of technology
Training on upcoming and updated policies and standards
Education/ Professional Qualification:
First degree in accounting or finance or any related discipline from a reputable university
Professional Qualification or Masters is an added advantage.
Experience:
Minimum of 3 years’ experience in accounting, finance, auditing or Business Management in a rapidly growing business
Key Skills & Competencies Requirements:
Functional / Technical:
Good knowledge of Accounting and Auditing Function and Standards
Business & Financial acumen
Proficiency in the use of Microsoft packages
Information technology
Data mining & analytics
Business & industry-specific knowledge
Behavioural:
Attention to detail
Strong Analytical Skills
Problem Solving
Interpersonal Skills
Leadership skills
Ethical Behaviour
Persuasion
Working Condition:
Normal office environment
Requires working with computers
Working Long Hours
Working out of office in other firm locations
Frequent Travelling
Periodic interaction with External Stakeholders
