Description
Our client is seeking to fill the role of an Internal Control Offficer whose will be responsible for designing, implementing, monitoring, and evaluating the company’s internal control systems to safeguard assets, ensure compliance with company policies and regulatory requirements, improve operational efficiency, and minimize the risk of errors, financial losses, fraud, etc.
Applicants residing in Apapa or closer proximity is highly preferred.
Key Responsibilities
Develop, implement, and monitor internal control policies and procedures.
Conduct periodic reviews of operational, financial, and administrative processes to ensure compliance.
Perform routine and surprise audits of company operations, including cash, inventory, fuel stock, and fixed assets.
Identify control weaknesses and recommend corrective actions.
Monitor compliance with company policies, standard operating procedures (SOPs), and statutory regulations.
Review financial transactions to ensure accuracy, completeness, and proper authorization.
Investigate suspected fraud, theft, or irregularities and prepare investigation reports.
Monitor inventory movement and stock reconciliation.
Ensure proper segregation of duties across business functions.
Prepare internal control and audit reports for management.
Follow up on the implementation of audit recommendations.
Support risk assessment activities and develop risk mitigation plans.
Liaise with external auditors and regulatory bodies during audits.
Train employees on internal control policies and ethical business practices.
Maintain confidentiality of sensitive company information.
Key Performance Indicators (KPIs)
Percentage of audit recommendations implemented.
Reduction in financial losses due to fraud or control failures.
Number of internal audits completed as scheduled.
Compliance rate with company policies and procedures.
Timeliness and accuracy of audit reports.
Number of control breaches identified and resolved.
Inventory reconciliation accuracy.
Resolution time for reported control issues