Internal Control Officer

Internal Control Officer

JOB SPECIFICATION & DESCRIPTION

POSITION: INTERNAL CONTROL OFFICER

DEPARTMENT: FINANCE

REPORTS TO: SENIOR– INTERNAL CONTROL OFFICER

SUPERVISION GIVEN TO: N/A

PURPOSE: To assist in the management of company assets:

Stock, Fixed Assets and Cash.

PRINCIPAL ACCOUNTABILITES:

Stock Control

• Performs stock counts at locations as per schedule and in accordance with stock count process (quarterly, perpetual, or as needed).

• Collaborates with Branch Management for investigation of stock counts variances

• Monitors the assigned branches perpetual and high-risk stock counts as per policy guidelines.

• Processes approved stock adjustments to the sub ledger and general ledger.

• Reviews stock discrepancies highlighted and takes corrective action as necessary

• Monitors and investigates negative stock to identify reasons for such, suggest solutions and process corrective adjustments

• Reconciles the inventory sub ledger to the general ledger, investigates differences and corrects as necessary

• Prepares month end stock analysis reports and maintains all files (soft and hard copies) relating to Inventory

• Processes stock write-offs received from all locations within approved timelines and posts journal entries as required

 

Manages and Monitor the Fixed Assets Register for assigned locations

• Verifies and reconciles the physical assets to the Fixed Asset Register for assigned locations on bi-annual basis.

 

Cash Monitoring

• Reviews the cashier balancing process and liaises with branches where there are discrepancies in balances.

• Reports on cash discrepancies and posts corrective entries for cashier overages and shortages identified

 

Cash Loan Reviews

• Performs cash loan verifications and reporting in accordance with company policy

 

Other

• To perform any other duties as required by management.

 

Qualification, Education AND Experience:

• Completion of CAT or Level 1 ACCA

• Certificate in Microsoft Office Suite

• 2 years’ experience in a similar position

• Auditing Experience would be an asset

Knowledge / Skills / Abilities:

• Advanced Microsoft excel skills

• Good written and oral communication and interpersonal skills

• Ability to perform analyses on numerical data and accounting information

• Working knowledge of Accounting Software

• Able to work well in a team

• Able to work efficiently with minimal supervision

• Willingness to take on new tasks