Internal Control Associate at BlackCod Asset Management Company

Location: Lekki, Lagos

Job Description
Budget & Budget control:

• Monitor annual budget figures
• Provide a monthly variance and budget gap report
• Ensure expenses are always within budget except with exceptional approval

Accounts reconciliation:

• Ensure that cash amounts in the company’s ledgers agree with bank balances
• Ensure guidelines and policies around cash processes are adequate & effective
• Ensure daily call-over
• Monthly bank reconciliation of all accounts
• Regulatory compliance reporting:
• Ensure zero regulatory infraction in areas relating to financial reporting
• Review fillings to regulators
• Ensure remittance of all government taxes

Revenue and cost assurance:

• Develop an integrated cycle to ensure prevention, detection, analysis and Response
• Ensure avoidable losses and cost exposure
• Ensure no opportunist fraud window
• Ensure no areas of income leakages

Internal Audit:

• Develop proper internal audit and control system
• Carry out Fixed assets verifications, Staff Audit and others.
• Identify and access areas of significant business risk.
• Oversee risk-based audits covering operational and financial processes
• Ensure all IT Systems and security implementations are monitored regularly and information systems risk events are escalated for resolve.

Asset and Liability management:

• Develop an ALM system
• Develop ALM policies and procedures
• Suggest strategic guidance where necessary
• Special investigations and daily call overs; review all payment vouchers to both internal and external parties
• Perform investigations into suspected fraudulent/ sharp practices
• Provide appropriate line of action and recommendation for investigated fraudulent activities
• Prepare/compile agreed periodic activity report for the MD/CEO
• Other adhoc assignment as assigned

Qualifications

• Bachelor's Degree in Management, Accounting or Social Sciences from a reputable university.
• Post graduate degree is a plus
• ICAN Certification
• IFRS experiential knowledge
•  Minimum of 4 years’ experience in asset management, real estate, or banking operations of which two years’ must be in internal control
• ICAN/ACCA certification

Additional Information:
KSA   

• Strategic financial reporting
• Financial analysis
• Knowledge of tax
• Consolidation
• Internal audit
• Nigerian GAAP
• Risk assessment and management
• International financial reporting standards
• Ability to implement decisions with firmness.
• Demonstrate experience in handling technical accounting and financial reporting issues.
• Strong knowledge of industry policies and procedures.