Internal Control Manager at Neveah Limited

Job Summary

• We are seeking a highly organized and detail-oriented Internal Control Manager to oversee and ensure the effectiveness of internal controls within our Aluminum and Copper Recycling Plant.
• The successful candidate will be responsible for implementing and maintaining a robust internal control framework that minimizes financial risks, ensures compliance with corporate policies, and enhances operational efficiency.
• The Internal Control Manager will work closely with management to assess risks, identify control gaps, and recommend improvements to processes and systems.

Key Responsibilities
Internal Control Framework:

• Develop, implement, and monitor internal control systems to ensure accuracy and integrity of financial reporting, operational effectiveness, and compliance with company policies and industry regulations.
• Design and update internal control policies and procedures to mitigate financial, operational, and compliance risks.
• Ensure that internal control practices are in line with global best practices and industry standards.

Risk Assessment and Management:

• Conduct regular risk assessments to identify potential areas of vulnerability or exposure to fraud, inefficiency, or non-compliance.
• Analyze key business processes and identify control weaknesses or areas of improvement.
• Implement corrective action plans to address risk areas and improve control mechanisms.

Auditing and Monitoring:

• Plan and conduct periodic internal audits of financial transactions, operational processes, and regulatory compliance to ensure the effectiveness of control systems.
• Monitor adherence to internal controls by performing ongoing reviews and assessments of key business functions, including procurement, inventory, financial reporting, and production.
• Provide timely and accurate reports on internal control audits, highlighting findings, recommendations, and follow-up actions.

Financial Reporting and Compliance:

• Ensure accuracy, completeness, and reliability of financial reports in accordance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
• Oversee the preparation of internal control documentation for external audits, ensuring timely responses and support during the audit process.
• Ensure compliance with local, state, and federal regulations related to finance, safety, and environmental practices.

Training and Development:

• Provide training and guidance to staff at all levels on internal control standards, procedures, and best practices.
• Collaborate with other departments to improve employee understanding and adherence to control procedures and compliance requirements.
• Develop and promote a culture of risk management and control awareness throughout the organization.

Continuous Improvement:

• Review and evaluate the effectiveness of existing controls, recommending improvements and automation where necessary.
• Work with the finance and operations teams to streamline processes and increase efficiency without compromising control effectiveness.
• Stay updated on industry trends, emerging risks, and regulatory changes to ensure that internal controls remain relevant and effective.

Qualifications and Requirements

• Education: Bachelor's Degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CPA, ACCA, CISA) is an advantage.
• Experience: Minimum of 5-7 years of experience in internal control, auditing, or finance, with at least 3 years in a managerial role. Experience in the manufacturing or recycling industry is preferred.
• In-depth knowledge of internal control frameworks such as COSO and risk management principles.
• Strong understanding of financial reporting standards (GAAP, IFRS) and regulatory compliance.
• Experience with audit processes and internal control evaluations.
• Proficiency in financial and ERP systems (e.g., SAP, Microsoft Dynamics) is an advantage.

Skills:

• Strong analytical and problem-solving skills with attention to detail.
• Excellent organizational and project management skills.
• Strong communication and interpersonal skills with the ability to collaborate with cross-functional teams.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and other relevant software.

Preferred Skills:

• Experience in the aluminum and copper recycling or manufacturing industry.
• Familiarity with environmental, health, and safety (EHS) regulations is a plus.
• Ability to develop and implement automated control processes to increase efficiency.

Physical Requirements:

• Ability to work in an industrial setting, including walking through plant facilities and interacting with production teams.