Head, Internal Control and Audit at Cordros Capital

Reporting To: Executive Director, CCL
Job Type: Permanent.

Role Description

• The Head of Internal Control will be responsible for supporting the implementation of Internal Control framework in line with the business requirements.
• The role holder will responsible for increasing the operational efficiency of organizations, detecting and eliminating fraud and ensuring compliance with relevant regulations.

Core Duties and Responsibilities

• Developing Company internal control policies and procedures, ensuring their implementation and monitoring compliance.
• Reviewing and appraising the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls and timeliness of documentation generation.
• Assessing the adequacy and extent of programs designed to safeguard organization assets.
• Compiling and issuing reports detailing conclusions and providing recommendations for improvements.
• Directing and appraising the activities of audit personnel.
• Design, revise or update appropriate internal control, audit & compliance strategy and framework for the firm.
• Ensure proper documentation, recording and tagging of the company’s fixed assets through asset tagging codes for easy identification of company’s properties and record keeping.
• Liaise with external auditors
• Makes financial control-related recommendations on specific major projects or plans.
• Ensure that credit facilities to any customers or group of customers are in line with the regulatory guidelines; clearly defined internal policies and debt service capability.
• Monitoring of conditions subsequent to draw down for timely detection of documentation deficiencies.
• Ensure that all credits have been approved in accordance with the credit policy.
• Ensure that all pre-disbursement conditions have been met.
• Ensuring plan is developed to meet the Audit Committee’s expectations.
• Scheduling and assigning audits to members of staff, ensuring effective and efficient use of resources.
• Overseeing and providing quality control for the department’s audits, to ensure departmental mandate and business goals are met and that professional standards are maintained at all times.
• Ensuring completion of audit assignments to provide independent, objective assurance to the Audit Committee.
• Developing new methodologies to improve the audit process, making it “easier” for the Organization to request audits and implement recommendations.

Education & Experience

• A minimum of Bachelor's Degree in Accounting or a relevant discipline and  possession of relevant professional qualifications such as ACA and/or ACCA.
• A minimum of 8 years’ experience in same or similar role. The suitable candidate must have spent five (5) years as a management staff. Additional experience in reporting to a Board/Board Committee will be an added advantage.

 Required Skills:

• Ability to work on multiple projects and manage time effectively.
• Highly collaborative and thrives well in a fast-paced work environment.
• Excellent communication skills.
• Good Analytical skills.
• Ability to work under pressure and take initiative.
• Problem Solver and Solutions Oriented.
• High level of agility and adaptability.
• Proficiency in Microsoft Excel and other Microsoft office programs
• Knowledge of relevant accounting packages
• Knowledge of best practices in internal control and audit
• Knowledge of existing regulatory framework
• Excellent reporting skills
• Strategic thinking & Flair for details
• Managerial and leadership skills
• Firmness & Integrity
• Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.