Internal Control Officer at Bralewood Investments Limited

Purpose

• To ensure the enforcement of the system of operational and financial internal controls that will help the HOD and CEO in safeguarding the organization’s resources, produce reliable financial reports, and comply with laws and regulations.

Duties and Responsibilities

• Review all payment instructions both online and paper before payment is approved
• Ensure that all payment processes and policies are strictly adhered to before any payment is made.
• Ensure implementation of treasury and Cash management policies in the back office and report identified weaknesses.
• Monitor BDC Stock daily.
• Identify all pending FX inventory receivables and escalate for any fund not received within 24hours of naira payment.
• Manage the Transaction Monitoring System (TMS) and ensure it is effectively implemented.
• Conduct Special Investigation as may be assigned from time to time.
• Conduct spot checks, stock-taking and other functions as may be assigned from time to time.
• Identify areas of financial and administrative strengths and weaknesses and develop best practices.
• Carry out detailed investigations when discrepancy, cash suppression or fraud is noticed.
• Conduct internal control checks and records to safeguard BIL’s assets working with the control officers.
• Suggest, develop, and implement measures for the improvement of internal controls.
• Responsible for the timely resolution of all Group Audit and Control findings as identified by Management
• Assist in the planning and implementation of internal controls and ensure its compliance by the different business units.
• Conduct the daily review of BDC cash reconciliation or any other related reviews to ensure any irregularities are discovered and escalated promptly.
• Review and monitor all petty cash reconciliation.
• Prepare daily, weekly, and monthly report for the CEO.
• Any other duties as assigned by the CEO.

Requirements

• Degree in Accounting, Finance, Risk Management, and related discipline from a recognized university
• Professional qualifications such as ACA, ACCA, ACIB, CFA, CISA is desirable
• A minimum of 2 years’ experience in internal control and /or audit.

Required Knowledge, Skills & Abilities:

• The incumbent must have proficient knowledge, skills and abilities in the following areas:
• Excellent analytical and numerical skills
• Excellent problem-solving skills
• Good decision-making skills.
• Excellent writing and communications skills.
• Interpersonal skill
• Ability to work effectively under pressure.