Internal Control Manager at UK-DION Investment Limited

Location: Lekki, Lagos

Job Summary

• The Internal Control Manager will be responsible for designing, documenting, implementing, assessing, and monitoring the internal control framework of the Group while ensuring a strong internal control environment through the development of policies and procedures, ensuring their implementation and monitoring compliance.

Duties / Responsibilities

• Define the strategic direction for the internal control function which aligns with the overall strategic goals of the company
• Investigate all cases of non-compliance of internal policies and procedures and external regulatory standards and make recommendations to Management
• Ensure that the company has adequate controls to prevent unintentional and intentional errors in financial reporting and operational processes
• Conduct regular audits to assess the adequacy and effectiveness of the control environment, including assessing and appraising the company’s operational procedures and compliance with policies and regulations
• Coordinate investigations into suspected fraudulent practices across the company and recommend the appropriate line of action
• Responsible for planning, executing, and reporting on operational, financial, regulatory, and audit related reviews as well as ensure strict adherence to policies and procedures
• Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate prompt communication, documentation and escalation to Management
• Put in place policies and standard operating procedures across the entire operations of the company
• Conduct a daily review/check of posting done by account team to facilitate early detection of errors
• Ensure that all statutory deductions and taxes are remitted as and when due
• Conduct a monthly review of bank charges in order to ensure early detection and to ensure that wrong charges are immediately reversed by banks
• Ensure a continuous review of processes in order to ensure that inherent process gaps that could lead to error and fraud are closed out immediately once noticed
• Conduct regular check and ensure there are no wastages and leakages in admin and procurement transactions across the company
• Conduct regular fixed assets verifications, Staff Audit, and others.

Education and Experience

• A Bachelor's Degree in a Finance related discipline
• Minimum of 7 - 8 years of Cognate experience in similar role
• Membership of a relevant professional body like the ACCA, ACA, CISA or a relevant post graduate degree is desirable
• Proficiency in Microsoft Office Suite.

Required Skills / Abilities:

• Proven understanding and experience with internal control frameworks
• Hands-on experience in the establishment and operation of internal control mechanisms
• Experience in process evaluation as well as documentation of internal policies and procedures
• Strong knowledge of accounting, finance and risk management, including the interpretation financial and other records
• Demonstrated skills, knowledge and experience in auditing; internal audit standards, ethics and fraud awareness
• Strong analytical and documentation skills
• Experience in recommending results/corrective actions
• Experience in deploying technology and systems to enhance the effectiveness and efficiency of the internal control process
• Excellent leadership, organisational and interpersonal skills
• Strong ethics and high level of integrity
• Ability to work independently and with very limited supervision
• Flexibility in resolving issues and addressing changing priorities
• High attention to detail.