Internal Control Head at Teclab Management Services Limited

Role Target

• To manage the internal audit function for the organization, ensure that the internal audit function provides an independent assessment of the adequacy of the organization’s internal systems and controls, including the systems for appropriate identification and evaluation of risk and for ensuring compliance with all applicable law and regulation and to draw any weaknesses or shortcomings noted to the attention of management.

Role Expectations

The successful candidates’ specific functions include:

• Establish and maintain guidelines for a system of internal control.
• Establish and maintain a system of internal controls and a program of internal control review.
• Make available to employees a statement of policies and standards with which they are expected to comply.
• To apply a risk-based approach to the review of the systems and controls of the organization through the development of an annual programme of audit review work.
• To discuss the findings of audit reviews with management on a constructive basis in order to develop the most appropriate, proportionate solutions to issues arising.
• To report the results of audit reviews, including management responses and proposed action plans to address issues arising to the chief executive.
• To perform follow-up work ensuring management progress actions within the agreed time scales and to escalate failure to progress actions as the head of internal audit deems appropriate.
• To perform ad hoc investigations and reviews at the request of the audit committees.
• Review the responses to internal and external audit management letter queries to ensure that recommendations are implanted and ensure that all action items are resolved.
• To provide an independent challenge to the organization’s view of risk as articulated via the framework.
• To promote risk management best practice across the Organization.
• Ensure compliance with company procedures, policies, and systems and provide management with information to make decisions regarding the Organization’s effectiveness and efficiency of operations and organizational structure.
• Perform special investigations when necessary to safeguard corporate asset( e.g. Fraud)
• Assess the overall internal control environment and provide suggestions for improvement.
• Develop positive working relationships with all levels of management to execute audit plan and other projects.
• Review and evaluate the soundness, adequacy and application of accounting, financial and other operating controls and promote the effective control at reasonable cost;
• Ensure the safeguarding of corporate assets and the interests of Members.
• Ensure the development of the annual internal audit plan.

Qualifications

• Academic and Professional: Bachelor’s Degree in Economics/ Accounting/Finance.
• MBA will be an added advantage.

Experience:

• Minimum of 14 years’ Experience

Person Skills:

• Professional manner.
• Good communication and interpersonal skills;
• Problem solving and decision making.
• Attention to detail
• Highly developed investigative skills
• Managing change and innovation
• Personal and team development
• Delivering excellence
• Leading and inspiring
• Excellent commercial and financial awareness.
• The flexibility and independence to work in a changing environment.
• Ability to work independently.