About the Role
We are seeking an experienced Internal Control Manager to lead the design, implementation, monitoring, and continuous improvement of the organisation’s internal control framework.
The successful candidate will provide independent assurance on the effectiveness of operational, financial, and compliance controls across the organization and its subsidiaries. The role will work closely with business and functional leaders to identify and mitigate risks, strengthen governance, improve operational efficiency, enhance regulatory compliance, and promote a strong culture of accountability and control awareness.
Key Responsibilities
Internal Control Framework
- Develop, implement, and maintain the organisation’s internal control framework across business units and subsidiaries.
- Ensure internal control processes are aligned with business objectives, regulatory requirements, and governance standards.
- Periodically review and enhance control frameworks to address emerging risks and changing business requirements.
Control Reviews & Compliance Monitoring
- Lead periodic reviews of financial, operational, and compliance controls.
- Evaluate the effectiveness of key controls and recommend corrective actions where deficiencies are identified.
- Monitor compliance with organizational policies, regulatory requirements, delegated authority limits, and standard operating procedures.
Risk Assessment & Advisory
- Conduct enterprise-wide risk and control assessments.
- Advise management on control weaknesses and recommend practical risk mitigation measures.
- Partner with business leaders to embed effective controls within operational processes.
Process Improvement & Governance
- Identify opportunities to improve operational efficiency through stronger controls and process improvements.
- Review new products, initiatives, and business processes to ensure appropriate controls are incorporated.
- Promote sound governance practices across the organization.
Reporting & Management Information
- Prepare and present periodic internal control reports to Executive Management and relevant Board Committees.
- Develop dashboards and management information highlighting control performance, compliance trends, and key risk indicators.
- Promptly escalate significant control deficiencies and emerging risks.
Audit Coordination & Issue Resolution
- Coordinate management responses to Internal Audit, External Audit, and regulatory review findings.
- Monitor the timely implementation of agreed audit recommendations.
- Ensure recurring control issues are addressed effectively and appropriate preventive measures are implemented.
Team Leadership & Capability Development
- Supervise, coach, and develop Internal Control Associates and Analysts.
- Build internal control awareness through training and stakeholder engagement.
- Promote a culture of accountability, ethical conduct, and continuous improvement.
Key Performance Indicators
Success in this role will be measured through:
- Completion of the approved annual internal control plan.
- Compliance with organizational policies and applicable regulatory requirements.
- Timely resolution of identified control deficiencies.
- Reduction in recurring control findings and high-risk exposures.
- Timely implementation of agreed audit and regulatory recommendations.
- Timeliness and quality of internal control reports and management dashboards.
- Implementation of control enhancements and process improvement initiatives.
- Effectiveness of stakeholder engagement and internal control advisory support.
Minimum Qualification
- Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
Professional Qualifications
- Professional certification such as ACA, ACCA, CIA, CRMA, CISA, or an equivalent qualification is required.
- A Master’s degree is an added advantage.
Experience
- 5–8 years of progressive experience in Internal Control, Internal Audit, Risk Management, Compliance, or External Audit.
- At least 2 years’ experience in a supervisory or managerial capacity.
- Experience within financial services, banking, investment management, or a diversified group structure is highly desirable.
Skills & Competencies
- Strong knowledge of internal control frameworks, particularly COSO, enterprise risk management, and corporate governance.
- Good understanding of regulatory requirements within the financial services industry.
- Strong analytical, investigative, and problem-solving skills.
- Excellent report writing, communication, and presentation skills.
- Proficiency in Microsoft Excel, Power BI, and relevant ERP systems.
- Strong stakeholder management and influencing skills.
- Demonstrated leadership and people management capability.
- High level of integrity, professionalism, sound judgment, and attention to detail
go to method of application »
The role is responsible for supporting the implementation of financial controls, financial strategy, budgeting, tax management, financial reporting, and regulatory compliance. The successful candidate will work closely with the CFO to ensure accurate and timely financial reporting, effective financial planning, regulatory compliance, and sound financial management across the organisation.
Key Responsibilities
Financial Reporting & Accounting
- Maintain the integrity and accuracy of accounting records for assigned areas, including liabilities, equity, and expense ledgers.
- Ensure timely preparation and finalisation of quarterly earnings forecasts.
- Prepare accurate and timely financial reports for the Trading Desk.
- Ensure timely submission of BDC returns to the CBN.
- Maintain accurate and up-to-date intercompany reconciliations.
- Coordinate month-end, quarter-end, and year-end financial close processes for assigned areas.
- Support the timely completion of audits and submission of draft audited financial statements to the CFO.
Budgeting & Forecasting
- Support the annual budgeting and periodic forecasting processes.
- Assist with budget reviews and revisions as required.
- Monitor financial performance against approved budgets and provide relevant insights.
Tax Management
- Support the implementation of the Group's tax strategy and framework.
- Support effective tax planning, compliance, and management activities.
Regulatory Reporting & Compliance
- Ensure timely and accurate submission of all required regulatory returns.
- Maintain compliance with applicable financial regulations, CBN requirements, and industry standards.
- Proactively identify and address potential compliance gaps to ensure zero regulatory infractions.
Financial Planning & Analysis
- Conduct financial analysis and provide insights to support strategic and operational decision-making.
- Support the development and execution of organisational strategic plans through relevant financial analysis and insights.
- Identify trends, risks, and opportunities that may impact financial performance.
Financial Controls & Other Responsibilities
- Support the implementation and maintenance of effective financial controls and processes.
- Ensure effective management of the Finance aspect of the Expense Portal.
- Provide timely financial support and analysis to the CFO and other relevant stakeholders.
- Perform other finance-related responsibilities as may be assigned.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related discipline.
- Professional qualification such as ACA, ACCA, CIMA, or an equivalent recognised qualification.
- Minimum of 6 years’ progressive experience in Finance, Accounting, Financial Control, or a related function.
- At least 2 years’ experience in a managerial or supervisory role.
- Strong experience in financial reporting, accounting, budgeting, forecasting, and financial analysis.
- Good knowledge of tax management, regulatory reporting, and financial compliance.
- Experience with CBN/regulatory returns and compliance requirements within the financial services industry.
- Strong understanding of financial controls, reconciliations, month-end/quarter-end/year-end close processes, and audit management.
- Experience working with ERP/accounting systems and financial reporting tools.
- Strong analytical, problem-solving, and financial modelling skills.
- Excellent attention to detail, accuracy, and ability to work with tight reporting deadlines.
- Strong communication and stakeholder management skills, with the ability to work effectively with senior management.
- High level of integrity, confidentiality, accountability, and professionalism.
- Experience within financial services, investment, banking, or capital markets is highly desirable.
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