Internal Audit & Compliance Assistant Manager at Electronic PayPlus Limited

Responsibilities

• Assist in the development and implementation of a comprehensive audit plan based on risk assessments and business objectives.
• Conduct monthly & quarterly Companywide internal audits across various departments to evaluate the effectiveness of internal controls, processes, and compliance.
• Prepare detailed audit reports with observations, recommendations, and action plans to address identified issues.
• Follow up on audit findings to ensure corrective actions have been implemented effectively.
• Conduct monthly review of theManagement Account
• Conduct monthly reviews of the key material used in Production.
• Conduct asset verification exercises for the company twice each year.
• Participate in risk assessment processes to identify key risks to the organization and areas of potential improvement.
• Monthly review of statutory remittances (VAT, WHT, PENSION, PAYE) to ensure adequate returns are made promptly.
• To conduct Monthly stock count of Production material in the vault.
• Monitor and evaluate the effectiveness of risk management strategies.
• Recommend actions to mitigate identified risks, including financial, operational, and regulatory risks.
• Ensure the company complies with local and international regulations and standards, particularly with regard to the manufacturing and distribution of payment cards.
• Assist in the review and development of company policies and procedures to ensure regulatory compliance.
• Collaborate with the IT and security departments to identify and assess cyber risks.
• Investigate and report any incidents of fraud or unethical behaviour, and work with relevant departments to implement preventive measures.
• Serve as the point of contact for external auditors during annual audits or special projects.
• Collaborate with external auditors to address audit issues and implement recommendations.
• Prepare and present reports on audit findings and recommendations to senior management.
• Maintain clear and comprehensive documentation for all audits, investigations, and assessments.

Requirements

• Education: Bachelor’s Degree or HND in Accounting, Economics, Business Administration.
• Qualification: Either ACA or ACCA is mandatory, CISA etc. will be an advantage.
• Applicants must reside around Ajah and its environs.