Internal Control Officer at Terawork

Job Summary:

The Ideal Professional is responsible for designing, developing, and implementing internal control reviews and audits, as well as procedures regarding the organization’s process, systems, accounting structures, and projects.

Key Duties / 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 periodic transaction and procedural audits.
• Monitor and track compliance with Service Level Agreements.
• Prepare reports required for management decisions including the KYC report, Credi 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.

Requirements 

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
• ICAN/ACCA certification is an added advantage.
• Minimum of 4 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.
• Technology Savvy 
• Excellent Written and Verbal Communication
• Strong Analytical and problem-solving 
• Audit and risk management concepts and frameworks