• Application Deadline:
• Position: Internal Control Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 4 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Description

Audit Planning and Execution:

• Prepare Audit Plan Memorandum and share it with the management.


• Conduct regular internal audits and reviews to assess compliance with applicable laws, regulations, and internal policies.


• Identify and address non-compliance issues and monitor changes in regulations.


• Supervise the daily call-over on transactions.

Operational Review.

• Review daily trade activities on Zanibal OMS and compare with CSCS figures for accuracy


• Review bond sales and purchase settlement before execution


• Review all coupon payments to our client for accountability and accuracy.


• Review all placement with bank to ensure competitiveness of interest rate offer.


• Review deposit and payment posting to the clients’ account


• Review all new client account opened on weekly basis to ensure that adequate document has been Submitted


• Review and approve all payment to clients.


• Review and approve all operational expenses.

Risk Management and Control:

• Assess the design and effectiveness of existing controls, identify control gaps and reportable issues, and recommend improvements.


• Implement appropriate operating procedures to ensure compliance with relevant regulations.


• Ensure compliance with existing financial policies and procedures, identifying and proposing modifications as needed.

Financial Reporting and Auditing:

• Review daily call over of postings to general ledger and identify any error or gaps


• Review weekly inflow and outflow to ensure that all transactions are adequately captured.


• Review monthly bank reconciliation statement for accuracy and accountability.


• Review the supporting schedules to the financial statements


• Review monthly income and expenditure as captured in the management accounts.


• Review financial statements to ensure the accuracy and reliability of financial reporting in line with extant laws, regulations, and IFRS.


• Liaise with the CFO to oversee the external audit exercise and ensure that recommendations are implemented.


• Follow up on audit action plans to resolve all action items before the next annual audit.


• Implement robust internal control systems in order to prevent and detect fraudulent transactions.

Training and Awareness:

• Sensitize departments on internal control, risk management, and compliance.

Internal Audit Framework:

• Review and update the Internal Audit Charter at least annually and ensure its implementation.


• Prepare quarterly audit reports for the Audit Committee on the effectiveness of management, risk, governance and control environment; deficiencies observed and management mitigation plans


• Conduct any reviews or tasks requested by Management.

Qualifications & Experience

• Bachelor’s degree in Accounting/Finance or its equivalent from a reputable university.


• Minimum of four 4 years post-Associate Chartered Accountant (ACA) experience with at least two (4)


• years internal control experience at the managerial level in the financial services sector


• Proven experience in Internal Control


• Excellent verbal and written communication skills.


• SEC sponsored/registered will be an advantage.

Skills & Competencies

• Financial Acumen


• Analytical skills and an eye for detail


• Industry and Market knowledge


• Excellent communication and presentation skills


• Strategic thinking capability