Internal Process & System Control Officer at ARM Hold Co.

Department: Risk Management

Summary

• Responsible for the design, development, and implementation of internal control reviews and procedures regarding the organization's process, systems, accounting structures and projects.
• Working in partnership with all stakeholders to ensure that potential risks and controls are adequately identified, measured appropriately and recommendations implemented.

Responsibilities

• Conduct periodic evaluation of the effectiveness of the internal control system to ensure the integrity of the system, improve them and propose value-added recommendations.
• Perform appropriate call-over of transactions consummated to ascertain validity, accuracy, and completeness of transaction processed.
• Perform periodic stock count and validation checks on the company’s inventory system/warehoused items to promote control visibility and inculcate sense of control awareness.
• Collaborate with business and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action.
• Deliver adequate and timely action plans and monitor progress to address and resolve identified control deficiencies.
• Ensure business processes and systems are carried out in compliance with the approved standard operating procedures (SOP).
• Develop, execute, and monitor adequate internal control over financial reporting (ICFR) in line with best accounting practices and identifying appropriate risk and mitigation strategies.
• Monitor and ensure all system user accounts/privileges are approved with proper system access parameters in line with their respective level of information access for their job functions.
• Actively participate in the system change management activities within the firm including reviewing and assessing user acceptance testing on system enhancements/change deployment
• Involve in the optimization/upgrade of existing systems and business solutions and ensure that controls that meet business requirements are embedded at all ends.
• Ensure projects are executed in line with approved mandates and service level agreements
• Work with stakeholders to ensure that controls are fully embedded in the design of processes and systems.
• Demonstrate project management skills, manage control to meet target dates within budgeted financial commitments
• Innovate control automation techniques to minimize compliance cost for various processes and procedures within the organization
• Maintain a culture within ARM Pensions that emphasizes and demonstrates the importance of internal control to all staff and inculcate a sense of control awareness.

Requirements

• Bachelor's Degree in any discipline
• Professional qualifications such as ACA, ACCA, CISA, PMI or any other relevant professional programmes would be an added advantage.
• 5-7 years of relevant experience (post qualification) in the financial service industry, experience in a Pension or Investment Management Company would be an added advantage.