Internal Control Associate at CarePoint Hospitals Limited

Job Summary

We are seeking a detail-oriented and analytical Internal Control Associate to support the implementation, monitoring, and continuous improvement of internal control systems across CarePoint Hospitals. The successful candidate will assist in identifying operational and financial risks, assessing control effectiveness, ensuring compliance with policies and procedures, and supporting the prevention and detection of errors, fraud, and control weaknesses.

Key Responsibilities

• Conduct routine reviews of operational, financial, and administrative processes to ensure compliance with approved policies and procedures.
• Monitor internal controls and identify control gaps, irregularities, and potential risks.
• Review transactions, receipts, payments, invoices, inventory records, and other supporting documents for accuracy and completeness.
• Conduct reconciliations and investigate identified discrepancies.
• Support revenue assurance by ensuring that services rendered are properly captured, billed, and accounted for.
• Monitor compliance with approval limits, segregation of duties, and established control procedures.
• Conduct periodic spot checks, control testing, and operational reviews across departments and branches.
• Investigate reported control breaches, discrepancies, and suspected irregularities and document findings.
• Follow up on identified control weaknesses and agreed corrective actions.
• Support the development, review, and improvement of internal control policies and procedures.
• Assist in identifying operational and financial risks and recommend appropriate control measures.
• Prepare periodic internal control reports and communicate significant findings to management.
• Work with Finance, People & Culture, Clinical, Pharmacy, Laboratory, Billing, HMO, and other departments to strengthen compliance and controls.
• Support internal and external audit activities when required.
• Maintain proper documentation and confidentiality of sensitive financial, operational, employee, and patient-related information.
• Perform other duties assigned by the Internal Control Supervisor/Lead.

Requirements & Qualifications

• Bachelor\'s degree in Accounting, Finance, Economics, Business Administration, Internal Audit, or a related field.
• 1–3 years of relevant experience in internal control, internal audit, compliance, risk management, finance, or a related role.
• Good understanding of internal control principles and the COSO Internal Control Framework.
• Practical knowledge of the five components of the COSO Framework: Control Environment, Risk Assessment, Control Activities, Information & Communication, and Monitoring Activities.
• Ability to apply the COSO Framework in identifying control weaknesses, assessing risks, and recommending appropriate controls.
• Professional certification such as ICAN, ACCA, CIA, ANAN, CISA, or related qualification is an added advantage.
• Knowledge or certification in COSASA is an added advantage.
• Previous experience in the healthcare sector is an advantage.
• Strong analytical, investigative, and problem-solving skills.
• Excellent attention to detail and ability to identify inconsistencies and irregularities.
• Good knowledge of Microsoft Office, particularly Microsoft Excel.
• Strong report-writing and documentation skills.
• High level of integrity, confidentiality, accountability, and professionalism.
• Good communication and interpersonal skills.
• Ability to work independently and collaboratively with different departments.
• Willingness to conduct periodic branch visits and operational reviews when required.

Key Competencies

• Internal Control & Compliance
• COSO Framework Application
• Risk Assessment & Management
• Control Testing & Monitoring
• Audit & Investigation
• Revenue Assurance
• Data Analysis
• Attention to Detail
• Report Writing
• Problem Solving
• Integrity & Confidentiality
• Stakeholder Management