FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.
We are recruiting to fill the position below:
Job Title: Internal Control Officer
Location: Lagos
Job type: Full time
About This Role
- As an Internal Control Officer, you will play a pivotal role in safeguarding the organization’s assets, ensuring compliance with internal policies, and mitigating risks.
- Your responsibilities will include performing routine checks, validating documentation, and identifying potential risks or control weaknesses.
- Working closely with the Head of Internal Audit and Control, you will contribute to the continuous improvement of processes and ensure adherence to regulatory and operational standards.
Key Responsibilities
- Perform routine checks on business processes, transactions, and activities to ensure adherence to internal controls.
- Review and validate documentation to ensure accuracy and completeness of records.
- Identify red flags and control weaknesses in business processes that could lead to fraud or operational risks.
- Conduct investigations into suspected irregularities and report findings to the Head of Internal Audit and Control.
- Proactively identify control deficiencies and recommend practical solutions to enhance processes.
- Collaborate with business units to ensure the implementation of corrective actions to address control gaps.
- Support the periodic review and update of company policies and procedures to reflect regulatory changes or business developments.
- Conduct pre- and post-payment reviews of financial transactions, particularly those related to bonuses and vendor payments.
- Work closely with the Head of Internal Audit and Control to monitor whistleblowing channels and ensure proper documentation and investigation of reported cases.
- Carry out any additional tasks or responsibilities as assigned by the Head of Internal Audit and Control.
Requirements
- Bachelor’s Degree in Accounting, Finance, or a related numerate discipline.
- ACA or ACCA certification preferred; candidates significantly advanced in obtaining the certification will also be considered.
- 3 – 5 years of experience in internal control, preferably in the financial services sector.
- Familiarity with internal control frameworks such as COSO.
- Demonstrated ability to design and assess control mechanisms for risk mitigation.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
- Strong ability to detect discrepancies and irregularities in processes and transactions.
- Excellent analytical skills.
- Excellent critical thinking and decision-making skills to effectively address control weaknesses.
Benefits
- Private Health Insurance
- Pension Plan
- Paid Time Off
- Hybrid work
- Training & Development programs
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Recruitment Process
- Screening with a member of the recruitment team (30 min)
- Take Home Assignment
- Technical Interview with the Head of Internal Audit and Control (60 min)