Head, Internal Control and Risk Management at Deloitte

The ideal candidate will be responsible for the independent appraisal of the effectiveness of the policies, procedures and standards, and ensure strict adherence to internal and external policies, controls and procedures and maintenance of quality service delivery.

Job Responsibilities

Audits

• Establish risk-based audits within all operational activities of the organization, advise on internal control and participate in enhancing internal audit standards and practices.
• Design and implement and continuously review audit schedule and procedures. Continually communicate key organizational controls, policies, approval limits within the company.
• Document audit evidence (on fraudulent activities) arising from audit and provide internal audit recommendations to the CEO for review and approval.
• Conduct thorough and objective examination of financial transactions records. Review monthly reconciliation of all GL accounts by Finance department. Periodically review fund management / cash flow and investment appraisals of the company's resources.
• Conduct periodic internal audit of each department.
• Prepare and present audit reports identifying weaknesses and suggesting new procedure, controls, and policies, of departments, unit and processes in the group.
• Serve as liaison with external auditors (and relevant regulatory bodies) during external audits to meet their requirements and to resolve any issues identified.
• Follow up on findings and recommendations made in the external auditor's reports to determine if management has responded accordingly.

Financial Risk Management

•  Identify key risks to business objectives.
• Develop risk management strategies to mitigate identified risks.
• Review and appraise the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls and timeliness of documentation generation.
• Act as a facilitator in business risk management and carrying out reviews, thereby assisting management in the effective discharge of their responsibilities.
• Review monthly variance computation and variance analysis as presented by HOD Finance, and report accordingly to the CEO.
• Periodic review of compliance to relevant regulatory authorities.
• Review tax management and compliance.

Controls

• Evaluate and test controls in place to ensure areas for improvement are identified and risks minimized.
• Periodically monitor process execution in operational areas.
• Monitor quality of Internal and external processes for all departments and functions within the company.
• Conduct orientation of relevant parties on new processes, policies, and controls.
• Ensure companywide compliance with established control.
• Address specific training and development needs to fill compliance gaps.
• Monitor and control Operational Budget and Capital Expenditure Budget (CAPER).
• Review matters relating to exit of staff.
• Review handling of disciplinary issues by HR

Requirements

A bachelor's degree in accounting. Qualification in ACA, ACCA will be an added advantage. Must have at least 15 years’ work experience in a similar function. Must have at least 8 years' experience in a management role.

KEY COMPETENCE & BEHAVIOURAL EXPECTATIONS

• Business and commercial knowledge
• Relationship management- excellent communications skill (written and oral)
• Problem solving and analytical skills
• Elevated level of integrity
• Financial Accounting
• Risk Management
• Budgeting
• Process Knowledge, Management and Application
• Good grasp of accounting standards/conventions; forensic/investigative accounting
• Exceptional knowledge of internal audit procedures
• Excellent communication skills (written and oral)
• Knowledge of relevant legislation