Internal Control/Audit Officer at Norrenberger Financial Group

Job Summary

The Internal Control/ Audit Officer would help review and appraise the soundness, effectiveness, and proper application of accounting and financial controls, compliance procedures and controls, and documentation timeliness.

Job Details

• Develop and implement internal control frameworks, policies, and procedures to ensure compliance with regulatory requirements and industry standards.
• Conduct risk assessments and internal control reviews to identify areas of potential risk, fraud, or non-compliance.
• Evaluate the design and effectiveness of internal controls, including segregation of duties, access controls, and authorization processes.
• Perform internal audits, reviews, and testing procedures to assess the reliability and accuracy of financial and operational information.
• Identify the risks that a business faces and develop preventive strategies.
• Document audit findings, observations, and recommendations in audit reports, and communicate results to management and stakeholders.
• Liaise with external auditors, regulators, and other stakeholders during audits and inspections.
• Conduct investigations into suspected fraud, misconduct, or irregularities, and recommend appropriate actions and preventive measures.
• Conduct daily reviews of transactions and ensure compliance with internal controls. 
• Monitor and track compliance with Service Level Agreements.
• Prepare reports required for management decisions including the KYC report, Credit report, Fraud & Forgeries reports, and Anti-Money Laundering (AML) report.
• Reviewing the Fixed assets register from time to time, physical asset count exercise.

Requirements

• A degree in Finance, Economics, Business, or a related field. 
• SEC Sponsored is desirable.
• A professional qualification in accounting such as ACA/ICAN is mandatory.
• Minimum of 4 years experience as an Internal Auditor.
• Deep understanding of investment regulations and compliance standards
• Knowledge of auditing standards, regulatory requirements, and industry best practices.
• Analytical and critical thinking skills to assess risks and evaluate control effectiveness.
• Minimum of 2 years’ work experience in reporting to the Board of Directors & Share Holders within the Capital Market.