• Application Deadline: Fri, 17 Jan 2025 00:00:00 GMT
• Position: Head of Internal Control & Compliance



• Job Type Full Time



• Qualification MBA/MSc/MA



• Experience 10 - 20 years



• Location




• Job Field Finance / Accounting / Audit 
  
  

SUMMARY OF RESPONSIBILITIES

Financial Ris

• Confirm the correctness of client’s information on the subscription form with the information on ERP and validation of correctness.


• Ensures that KYC form is executed and submitted by the marketers - KYC form should be designed and KYC should be done by marketers while SICCOs


• Do a daily call-over of payments credited to customers’ accounts.


• Confirmation of all payments on accounts for the preparation of refund


• Ensure client’s compliance with refund conditions on the refund form


• Ensure all financial details for refund cases are reviewed and accurately captured.


• Verification of vendors receipt submitted for retirement of IOU.


• Ensure prompt retirement of IOU (48 hours)


• Review and approval all expense vouchers


• Call-over of all transactions to detect exceptions, fraud and prevent such.


• Review all financial documents with the accountants – cheque booklets, declaration sheets & weekly mobilisation.


• Ensure the preparation and carry out review of regional financial accounts monthly by the accountant – should be displayed during MPR.


• Weekly review of petty cash utilised by the region.

Reputational Risk

• Uniformity & quality of promo items being purchased across continents
  
  
  
  
  • Uniformity of discount in spite of the level.
  
  
  • Ensure three vendor policy.
  
  
  
  

Legal risk

• Ensure quantity without losing clients.
  
  
  
  
  • Vendor’s prices should be further reviewed by internal control before its final approval.
  
  
  
  

Safety Risk

• Ensure proper cabling


• Ensure all electrical appliances are shut-down after close of work.


• Physical confirmation of compliance to safety standards and procedures e.g., fire drills, expiry of fire extinguishers, first aid kits, safety signs, and muster points.


• Ensure that all assets are coded and report infraction

ICT Security compliance

• Confirm deactivation of exited staff access to ERP, emails, communication channels


• Call over of external hard disk from the Accountant and Customer Service Officers. And ensure the movement register is updated.


• Ensure daily/end of day back up of all information on the computer by all Accountant and CSO