Internal Control Officer at Renmoney

The Role

The Internal Control Unit is seeking to strengthen the internal control environment across the business through the recruitment of an Internal Control Officer.

The role will focus on reviewing financial transactions, procurement activities, reconciliations, and other operational processes in line with the COSO framework to ensure operational efficiency, compliance, and risk mitigation.

What You Will Do

• Monitor controls around loan approvals, interest calculations, reconciliations, journal entries, and ledger postings.
• Conduct daily reviews of operational transactions including account openings, loans, payments, deposits, and expenses.
• Review commission and incentive computations.
• Track control exceptions and follow up with process owners on remediation actions across various business areas.
• Monitor compliancae with internal policies and relevant regulatory requirements.

Requirements

What You Bring

Experience & Qualifications

• At least 2 years post-NYSC experience.
• Relevant background in Accounting, Finance, or a related field.

Skills & Competencies

• Knowledge of financial operations, reconciliations, and transaction review processes.
• Understanding of loan processes, accounting entries, and operational risk management.
• Good analytical and problem-solving skills with attention to detail.
• Ability to identify control gaps and recommend corrective actions.
• Proficiency in Microsoft Excel and reporting tools.
• Good communication and stakeholder management skills.
• Ability to work independently and follow up on remediation actions.
• Basic knowledge of regulatory requirements and compliance standards within the financial services industry.

This Role Is Ideal For You If:

• You enjoy reviewing transactions and identifying control weaknesses.
• You have a keen eye for detail and can spot inconsistencies quickly.
• You are analytical and enjoy investigating issues to determine root causes.
• You are proactive in driving remediation and process improvements.
• You can work independently while collaborating effectively with stakeholders across the business.

You May Not Enjoy This Role If:

• You prefer highly repetitive work with little analysis.
• You struggle with following up on issues until resolution.
• You are uncomfortable working with large volumes of financial and operational data.
• You find it challenging to enforce compliance requirements and internal controls.