Head of Internal Control and Audit at Cardinal Stone

REPORTS TO

Board of Directors/ Managing Director

EDUCATION/ LICENCES AND CERTIFICATIONS

• Minimum of First degree in Accounting, Finance, Economics or Business Administration with relevant professional qualification in e.g. ACCA, ACA, ICAN, CIA.
• Masters’ Degree in any of the above fields is an added advantage

KEY RESPONSIBILITIES AND ACCOUNTABILITIEs

• Responsible for conducting ongoing review of internal controls, operating procedures, andcompliance with policies and regulations.
• Responsible for designing the company\'s annual audit plan.
• Responsible for conducting periodic audits of various units within the firm.
• Reviews and appraises the soundness, effectiveness, and proper application of accounting and financial controls.
• Performs periodical risk assessments; analyse current risks and identify potential risks that may affect the company.
• Responsible for compiling SEC reports and returns.
• Responsible for carrying out investigations as may be assigned or deemed necessary.
• Set a risk and compliance framework for the firm in line with the firm’s principles and Culture.
• Proactively guide the integration of risk management with other organizational planning and management activities.
• Attend Board Audit and Risk Committee meetings, and any other duty assigned by Management.
• Attend Board Audit and Risk Committee meetings, and any other duty assigned by Management.
• Stay abreast of contemporary industry practices and knowledge.

GENERAL KEY PERFORMANCE INDICATORS

• Zero fraudulent transactions.
• Effectiveness of risk mitigation strategy.
• % of costs incurred due to risks.
• % of staff trained in risk management techniques.
• % of risk issues exceeding defined risk tolerance without action plans.
• Frequency and severity of risk occurrence.
• Responses to requests in 24 hours or less.
• Accuracy of reports.
• Number of delinquent transactions.
• % error Rate in Corporate Actions Processing.
• % regulatory Compliance Rate.