Head Of Internal Control at Transquisite Consulting

The Head of Internal Control will oversee the supervision and Implementation of all Internal Control activities company-wide, coordinating and ensuring that the company’s policies are Qbeing adhered to across all departments and their employees

As you oversee the preparation of the department’s annual budget and monitor its implementation; You will also supervise compilation of departmental needs for input into the overall corporate budget, and monitor expenditures of the department to conform to budgetary requirements

The ideal candidate would be someone who can demonstrate thought leadership by providing overall leadership to Internal Control subordinates and manage the day-to-day activities of the department. As Head of internal Control, you will be responsible for continually review and assess the effectiveness and efficiency of the Internal Control department’s policies, procedures and processes and identify improvement opportunities

RESPONSIBILITIES

• Oversee Internal Control Activities
• Monitor organizational operational activities to ensure compliance with agreed policies and procedures
• Review organizational processes and procedures for obsolescence and update accordingly based on management approval
• Conduct special audits and investigations as required.
• Review bank reconciliation statements including verification of COT and other charges.
• Prepare timely audit reports for Executive Management and Board of Directors.
• Oversee the preparation of the department’s annual budget and monitor its implementation
• Supervise compilation of departmental needs for input into the overall corporate budget.
• Monitor expenditures of the department to conform to budgetary requirements
• Provide overall leadership to Internal Control subordinates and manage the day-to-day activities of the department
• Continually review and assess the effectiveness and efficiency of the Internal Control department’s policies, procedures and processes and identify improvement opportunities
• Prepare and submit periodic management reports on the activities of the Internal Control Department for board and management decision-making
• Perform any other duties as assigned by the MD 

Key Performance Indicators

• Internal customer satisfaction
• Cost efficiency of the department (measured by variance between department’s actual expenditure compared to budgeted expenditure)  
• Accuracy and timeliness of Audit Reports.
• Appropriate use of technological tools such as Navision by the department for internal control activities
• Timely update of organizational policies and procedures based on management approval.
• Timely review of Bank Reconciliation statements.
• Accuracy and timeliness of management reports

EXPERIENCE REQUIRED

• Bachelor’s degree in Finance, Accounting or any discipline from a reputable tertiary institution
• Professional or post-graduate qualification in Audit, Internal Control or Business Process Re-engineering will be an advantage.
• Ten (10) years relevant experience of which at least three (3) must have been at a management level with significant exposure to internal control
• Advanced knowledge of internal control and internal audit processes and activities
• In-depth knowledge of organizational policies and procedures
• The ability demonstrate excellent thought leadership and  people management skills
• Strong communication, report writing and presentation skills
• Ability to think strategically and holistically
• Excellent negotiation and problem-solving skills
• High integrity and ethical standards
• Good administration and organisation skills