Head of Internal Control, Audit and Risk Management at Development Exchange Centre (DEC)

Job 02. Head of Internal Control Reference Code HIC/202317/01/2

DEC seeks to employ a qualified and experienced person for the position of Head of Internal Control, Audit and Risk Management whose key responsibilities shall include (but shall not be limited to): 

• Promoting the basic objectives of providing reasonable assurance that ensures effective discharge of organization’s statutory responsibilities to stakeholders, statutory/non-statutory regulators or donors including adherence to organization’s stated mission and core values
• Institutionalizing preventive internal control and compliance culture of organization’s operating environment, accountability, transparency and adherence to established internal policies and procedures
• Safeguarding the organization’s physical and non-physical assets, integrity of financial transactions, records and information at all times
• Ensuring the development of risk protocols, criteria for monitoring and bench-marking of risks  and risk prioritization, effective risk mitigation architecture and enduring control mechanisms
• Developing audit work programmes that provide audit coverage of all organization’s operations and adhere to audit standards
• Prepare reasonable risk protocols and mitigation strategies for proposals developed by the organization
• Monitoring/assessing/reporting performance of DEC activities to make improvement or take preventive as well as corrective actions
• Establishing and maintaining professional ties with related professional groups.

The successful job holder will be responsible in controlling the affairs of the organization’s policies, procedures, risk and compliance related issues in the organization to foster as far as is practical, the orderliness, efficiency and profitable conduct of the organization’s business.  

Skills/Abilities/Personnel Qualities:

• Organizing, planning and prioritizing work – developing specific goals and plans to prioritize, organize and accomplish work/ tasks
• Establishing and Maintaining Interpersonal Relationships – developing and maintaining constructive and cooperative working relationship with others, and maintaining them overtime
• Written and oral expression – communicating information and ideas in writing and speaking so others will easily understand.
• Active Listener – giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Active Learner – understanding the implications of new information for both current and future problem-solving and decision-making
• Judgment and Decision Making – considering the relative costs and benefits of potential actions to choose the most effective.
• Initiative Taker – willingness to take on new responsibilities and challenges
• Time management – managing one’s own time and the time of others.
• Computer Skills - As a minimum requirement, must possess basic computer skills both in PowerPoint presentation, excel sheet and Microsoft word

QUALIFICATIONS AND EXPERIENCE

• Minimum of B.Sc./HND in finance/accounting or related discipline (essential).
• Possession of ICAN or ANAN certification with 5 years post qualification experience in microfinance
• A minimum of 8 years post-qualification of work experience as an audit practitioner essential.
• Thorough understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting System (IFRS) essential requirements.
• Analytical thinker with strong conceptual and problem-solving skills.
• Meticulous attention to details with exceptional organizational skills.
• Ability to work under pressure and meet tight deadlines.
• Ability to work independently but being an effective team-player.
• Excellent report-writing and communication skills.
• Strong proficiency in Microsoft Office and other financial accounting and planning software.