Internal Control Officer at ARM Hold Co.

Summary

• The Internal Control Officer is responsible for the implementation of internal control reviews and procedures regarding the organization's process/accounting structures and working in partnership with all stakeholders to ensure that potential risks and controls are adequately identified, measured appropriately and recommendations implemented.

Responsibilities

• Perform appropriate call-over of transactions consummated to ascertain validity, accuracy, and completeness of transaction processed.
• Periodic review of pricing and pricing templates for accuracy
• 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.
• 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.
• 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.
• Develop, execute, and monitor adequate internal control over financial reporting (ICFR) in line with best accounting practices and identifying appropriate risk and mitigation strategies.
• 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.
• Innovate control automation techniques to minimize compliance cost for various processes and procedures within the organization.
• Supporting Operational risk desk in providing Loss Data around transaction and process data and setting of remediation technique to improve general control environment.
• 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 Accounting or any other finance discipline
• Professional qualifications such as ACA, ACCA or any other relevant professional programmes would be an added advantage.
• 3 - 5 years of relevant experience (post qualification) in financial service industry, experience in a Pension or Investment Management Company would be an added advantage
• Good knowledge of the operations of a Pension or Investment Management environment.
• Commendable knowledge of pension regulations and the regulatory structure.
• Good analytical and problem-solving skills.
• Detail oriented and ability to work and interpret figures and other financial information
• Ability to communicate and manage risk and control issues.
• Proficiency in the use of Microsoft Office Tools
• Good written and oral communication and presentation skills
• Ability to address issues and effect change.