Job Title: Internal Control Officer
Salary: 250k – 400k
Job Summary
An Internal Control Officer is a professional responsible for evaluating, monitoring, and improving the effectiveness of internal controls and risk management processes within an organization to safeguard assets, ensure compliance, and mitigate risks.
Job Responsibilities
- Develop and implement internal control frameworks, policies, and procedures to ensure compliance with regulatory requirements and industry standards.
- Conduct risk assessments and internal control reviews to identify areas of potential risk, fraud, or non-compliance.
- Evaluate the design and effectiveness of internal controls, including segregation of duties, access controls, and authorization processes.
- Perform internal audits, reviews, and testing procedures to assess the reliability and accuracy of financial and operational information.
- Document audit findings, observations, and recommendations in audit reports, and communicate results to management and stakeholders.
- Conduct investigations into suspected fraud, misconduct, or irregularities, and recommend appropriate actions and preventive measures.
- Stay abreast of changes in regulations, laws, and industry standards related to internal controls and risk management.
- Participate in cross-functional teams and committees to support organizational initiatives and projects.
- Monitor compliance with internal policies, procedures, and ethical standards, investigating and addressing violations as necessary.
- Contribute to the development and implementation of risk management strategies and initiatives to enhance organizational resilience and sustainability.
Job Requirement
- Bachelor’s degree in accounting, finance, business administration, or related field
- Proven experience in internal auditing, internal controls, or risk management roles.
- Strong understanding of internal control principles, practices, and frameworks
- Knowledge of auditing standards, regulatory requirements, and industry best practices.
- Analytical and critical thinking skills to assess risks and evaluate control effectiveness.
- Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
- Attention to detail and accuracy in auditing and documentation.
- Proficiency in audit tools and software, as well as Microsoft Office suite.