Internal Control Officer

Responsibilities:

• Ensure compliance with company policies, financial regulations, tax requirements, and statutory obligations.
• Monitor adherence to delegated authority and approval limits.
• Review payment requests, payroll transactions, reimbursements, and journal entries for compliance with company policies.
• Verify the accuracy and completeness of financial records and supporting documentation.
• Perform reconciliations and ensure timely resolution of identified discrepancies.
• Monitor revenue collection and expenditure controls.
• Validate payroll inputs including attendance, timesheets, allowances, deductions, and statutory remittances.
• Conduct periodic payroll audits to identify duplicate payments, ghost workers, or unauthorized adjustments.
• Monitor client billing accuracy and payroll cost allocations.
• Maintain the organization's risk register and monitor mitigation plans.
• Recommend practical risk control measures.
• Participate in enterprise risk assessment exercises.
• Follow up on the implementation of the audit recommendations.
• Support automation initiatives to strengthen internal controls.
• Prepare monthly Internal Control Report.
• Present key risk indicators and control deficiencies to the Head of Accounts.
• Maintain audit documentation and evidence files.
• Ensure proper asset tagging and documentation.
• Ensure compliance with relevant tax regulations, labor laws, and financial reporting standards.
• Support external auditors during statutory audits.

Requirements:

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
• Minimum of Second Class Lower (2:2).
• ICAN in view or equivalent professional accounting qualification.
• 4–5 years' experience in Internal Control, Internal Audit, Risk Management, or Financial Control.
• Experience in consulting, professional services, outsourcing, payroll administration, or multi-location operations is highly preferred.
• Experience reviewing high-volume payroll transactions is an added advantage.
• Demonstrated experience supporting audit exercises and implementing internal controls.
• Resident on the island or around its environs is preferred.

Key Competencies:

• Knowledgeable in Internal Control Frameworks
• Financial Reporting
• Proficient in the use of MS Office tools, Outlook, and ERP systems (Sage)
• ERP Systems (SAP, Oracle, Sage, Microsoft Dynamics, Odoo, or similar)
• Proficiency in Payroll Software is an added advantage.
• Hands-on with Bank Reconciliation and Payroll Controls
• Budget Monitoring
• Accounts Payable & Receivable Controls
• Tax Compliance and monitoring
• Internal Audit Methodologies.