Internal Control Manager at Fadac Resources

Job Responsibilities

• Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, and escalation to business partners, senior leadership and the audit committee.
• Review of the Company’s operations, such as procurement, accounts payable, travel expense reimbursement, cash management, and other processes.
• Act as a primary point of contact with key internal and external stakeholders, such as internal audit, control, and external auditors
• Evaluate internal control weaknesses and implement appropriate control measures.
• Maintain all internal control documentation in line with the internal control policy.
• Ensure routine internal audits based on the risk assessment and annual audit plan; Conduct spot checks on loading stations to ensure operations are in line with agreed terms.
• Perform annual walkthroughs over key financial processes.
• Engage in formulating policies and procedures to improve internal controls, compliance and corporate efficiency.
• Ensure that the company's business activities align with standard operating procedures (SOP) and comply with policies and regulations.
• Undertake the approved internal audit plan in line with agreed procedures liaising with all parties.
• Provide feedback to relevant internal parties to update the Risk
• Register in the areas of risk evaluation, which involves comparing estimated risks with criteria established by the organization (such as costs, legal requirements and environmental factors).
• Prepare reports and preserve documentation about audits for internal records and to relevant parties.
• Assist in the investigation of any suspected fraudulent activities.
• Evaluate and assess significant new or changing operations, processes, and systems.
• Must be the first point of call in reviewing cases of accidents and advise the management on the proper terms of engagement

Job Requirements

• A minimum of First Degree in Accounting, Finance, Economics, or any related discipline
• Must be an indegene of Delta State
• 5-7 years of work experience in a similar function in a similar organization within the Power Industry
• A postgraduate qualification, preferably an MBA or Relevant master's degree, would be an added advantage.
• Experience in statutory financial reporting and knowledge of GAAP, IFRS
• Membership of a relevant Professional body (Local or International), e.g., the Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered Accountants (ACCA) or its equivalent, is required