Internal Control Supervisor at White Soul Group


White Soul Group is a leading Automobile sales and logistics company with a presence in several locations across Nigeria. We offer first-tier automobile sales and after-sales, dedicated haulage and fleet management services.

We are recruiting to fill the position below:



Job Title: Internal Control Supervisor

Locations: Lagos and Calabar - Cross River
Employment Type: Full-time

Job Description

  • To develop, implement, and maintain a robust internal control framework that safeguards the company’s assets, ensures the accuracy and integrity of financial reporting, and mitigates risks.
  • This role is pivotal in ensuring compliance with regulatory requirements, preventing fraud, and enhancing the efficiency and effectiveness of the company’s operations

Responsibilities

  • Design and implement comprehensive internal control policies and procedures across all operations.
  • Regularly review and update internal control systems to adapt to changes in the business environment and regulatory landscape.
  • Conduct risk assessments to identify potential areas of vulnerability in the company’s operations, particularly in product handling, storage, and financial transactions.
  • Develop and monitor risk mitigation strategies to address identified risks, ensuring they are effectively managed.
  • Ensure all company operations are in full compliance with local and international regulatory requirements, including financial reporting standards and industry-specific regulations.
  • Plan and conduct regular internal audits to evaluate the effectiveness of internal controls and identify areas for improvement.
  • Ensure the accuracy, completeness, and reliability of financial reporting through the implementation of effective controls.
  • Work closely with the finance team to ensure all financial transactions are properly recorded, documented, and reconciled.
  • Conduct training sessions for employees at all levels on internal control procedures, risk management, and compliance requirements.
  • Engage with senior management, providing regular updates on the status of internal controls, risk management initiatives, and compliance activities.
  • Monitor the implementation of audit recommendations and ensure corrective actions are taken where necessary.
  • Develop and implement fraud prevention strategies, including training programs for employees on recognizing and reporting fraudulent activities.
  • Investigate any suspected fraud or irregularities, coordinating with relevant departments to resolve issues and strengthen controls.
  • Other tasks as assigned by line manager.

Key Accountabilities:

  • Ensure the internal control framework is effectively implemented and operational across all departments.
  • Ensure positive audit outcomes with minimal findings, reflecting a strong internal control environment.
  • Implement and maintain robust fraud detection and prevention mechanisms, minimizing the risk of fraud within the organization.
  • Proactively identify, assess, and mitigate risks to prevent operational disruptions, financial losses, and compliance breaches.
  • Maintain full compliance with all regulatory requirements, ensuring timely reporting and adherence to industry standards.

KPIs:

  • Effectiveness of Internal Control Systems
  • Risk Management
  • Compliance with Regulations
  • Ensure positive audit outcomes with minimal findings, reflecting a strong internal
  • control environment.
  • Fraud Detection and Prevention

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  • Minimum of 5-10 years of experience in internal control, auditing, or risk management, with a significant portion in the oil and gas industry, preferably in downstream operations.
  • Proficiency in internal control frameworks, risk assessment methodologies, and audit processes.
  • Demonstrated experience in leading internal control or audit teams, with a proven track record of improving control environments.
  • Proficiency in using financial management systems, audit software, and Microsoft Office Suite.

Job Attributes:

  • Integrity and ethical conduct, ensuring impartiality and objectivity in all internal control activities.
  • Ability to lead and influence others, driving a culture of compliance, risk management, and operational excellence across the organization.
  • Excellent verbal, written communication skills, with the ability to effectively engage with stakeholders at all levels.
  • Strong analytical and problem-solving skills, with the ability to identify and assess risks, control weaknesses, and areas for improvement.
  • Attention to detail, ensuring accuracy in financial reporting, compliance documentation, and control assessments.

Salary
N200,000  - N250,000 / month.

 

How to Apply
Interested and qualified candidates should send their CV to:  [email protected] using the job title as the subject of the mail.

Application Deadline 25th October, 2024.