Internal Control & Risk Officer

Mininum Requirements:-

• Degree or Diploma in Accounting, Finance, Economics, or any related discipline from a reputable tertiary institution.
• Relevant professional certification(s) is an added advantage.
• Compliance /Controls monitoring experience.
• Minimum five years proven experience in risk management and internal control.

Responsibilities:-

·  Pre – payment audit of all invoices to ensure adequate value is derived from all expenditures and safeguard of the company’s resources

·  Communicating observed irregularities in the process of pre-payment audit activities to the team lead for review and follow up

·  Review and report inventory management and consumable items to ensure adequate supporting documents and appropriate authorization

·  Monitor stock count exercise to ensure adequate coverage and compliance to stock count instructions.

·  Review of company’s bank conciliation

·  Perform periodical check on all the departments with the custody of company resources and regular report on observations

·  Review staff account to ensure prompt retirement of advances

·  Review of all ledgers on advance payment and report all irregularities as maybe observed during the review.

·  Conduct risk assessment for the organization periodically.

·  Carry out Risk and Control self – assessment (RCSA) review and report on exceptions noted

·  Conduct review on Key Risk Indicators (KRIs) to ascertain KRI position against set thresholds and report on result

·  Maintain the risk register for the organization

·  Ensure completion of a risk event form by the process owner when a risk crystalizes

·  Perform any other functions within the department as maybe assigned by the internal control and risk manager and the Head of Finance

·  Ensure all requirements of the business continuity management system are addressed.

·  Develop, maintain, issues and implement established business continuity policies, procedures, and guidelines.

·  Perform business impact analyses and risk assessments and ensure appropriate risk mitigation and control processes for all key risk indicators

·  Coordinate the development and implementation of business continuity training and awareness programs

·  Coordinate responses to actual or suspected incidents that could disrupt business operations