Internal Control & Audit Officer at Terawork

Job Responsibilities:

• Develop and implement internal control policies and procedures that ensure compliance with relevant regulations and industry best practices.  
• Conduct daily reviews of transactions and ensure compliance with internal controls.
• Conduct periodic process reviews of the company’s operations and financial position to confirm compliance with documented procedures.  
• Conduct periodic control tests to confirm the effectiveness of internal controls and propose the inclusion of value-adding recommendations. 
• Conduct daily calls of transactions and prepare the call-over report. 
• To plan, organize and carry out the internal controls function including the preparation of an audit manual, audit plan, scheduling and assigning work and estimating resource needs.  
• Identify and assess potential risks to our company’s operations and financial position and develop strategies to mitigate these risks.  
• Evaluate compliance and existing policies and procedures, identifying and proposing modifications as needed.  
• Recommend new controls to minimize risks and improve the internal control framework.  
• Design and implement the audit plan and conduct the periodic transaction and procedural audits.  
• Monitor and track compliance with Service Level Agreements.  
• Prepare reports required for management decisions including the KYC report, Credit report, Fraud and Forgeries reports and Anti-Money Laundering (AML) report. 
• Provide support to other departments within the company in matters related to internal control and compliance.  
• Provide training and education to employees on internal control and compliance issues. 

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration or a related field.
• ICAN/ACCA certification an added advantage
• Minimum of 3 years experience in Internal Control, Audit function, or banking operations of which two years must be in Internal Control
• Understanding of accounting and financial processes including risk and financial controls.
• Knowledge of audit and risk management concepts and frameworks 
• Technology Savvy and Project management
• Strong Analytical and problem-solving 
• Strong attention to detail 
• Excellent written and verbal communication skills
• Teamwork and Strong  Leadership
• Microsoft Office Proficiency