Internal Control Associate- LAGOS

Job Description of an Internal Control Associate

Job Title:

Internal Control Associate

Location:

Head Office

Grade Level:

5

Department:

Risk & Compliance Department

Reports to (Title):

Internal Control Manager

Direct Reports:

Job Purpose

Ensure compliance to organization process, procedures and policies and other support for Chicken Republic Stores

Core Responsibilities and Key Result Areas

• Ensures that internal control documentation are accurate and up-to date


• Ensure compliance to organisation process, procedures and policies


• Verify and maintain internal control checks and records including assets tags to ensure safeguard of company


• Track cash advance for unnecessary delay in retirement


• Create and maintain error log closed register to ensure that all identified documentation errors are corrected and closed


• Review Imprest and relate with stores for any irregularities when necessary


• Conduct a periodic physical verification of stocks asset monthly


• Vouch and verify all payments vouchers for approvals completeness and accuracy


• Supervise the receipts of goods from suppliers and certify the GRN


• Review of administrative operations (Admin and Maintenance)


• Ensure that all necessary corrections are effected, vouchers properly authenticated


• Prepaid expense retirement review


• Call over of SCD- Finance and finance posting on SAP


• Due diligence and pricing review


• Ensure that all internal control registers are updated and closed daily

• Any other adhoc assignment as assigned by the HOD

Key Performance Indicators

• Time lag between internal control deficiency occurring and reporting


• Numbers of internal control improvement initiatives


• Number of internal control breaches


• Identify and respond proactively to business priorities and key controls


• Timely rendition of report weekly, monthly, quarterly and yearly basis to track support provided to the business and impact of such support


• Prompt implementation and corrective action with employees and managers

Knowledge Requirements

• Financial accounting skills


• Strong knowledge of audit procedures

Job Specifications

Educational Requirements

Professional Requirements

Experience Requirements

A good first degree in Accounting, Finance, or related field

Membership of the ICAN, CITN, ACCA, CIS or any other related professional qualification is an added advantage

Minimum of 4 years’ experience in similar role is required.

Contact Purpose of Contacts

Internal Contacts (most frequent contacts)

Purpose of Contact

• Executive Management

• Exchange or provide information


• Obtain, clarify, and discuss information


• Present, discuss information and problems


• Collaborate, negotiate and present ideas


• Deal with, influence or motivate subordinates


• Promote, justify or settle highly sensitive matters