Internal Control Officer

Internal Control Officer

Department: Finance & Accounts Location: Victoria Island, Lagos Employment Type: Full-Time Salary: Negotiable Benefits: HMO, Pension, Leave Allowance, Data Allowance

Job Summary

The Internal Control Officer will be responsible for strengthening the Company's internal control framework by ensuring compliance with policies, financial regulations, payroll controls, statutory obligations, and risk management processes. This role will safeguard company assets, improve operational efficiency, and ensure the accuracy and integrity of financial and payroll transactions.

Key Responsibilities

• Ensure compliance with company policies, financial regulations, tax laws, labour laws, and statutory requirements.
• Review payment requests, payroll transactions, reimbursements, journal entries, and supporting documents for accuracy and compliance.
• Conduct payroll audits to identify duplicate payments, unauthorized adjustments, and payroll discrepancies.
• Monitor client billing accuracy, payroll cost allocations, and expenditure controls.
• Perform bank reconciliations and review financial records to ensure completeness and accuracy.
• Maintain the Company's risk register and recommend appropriate risk mitigation measures.
• Conduct periodic internal control reviews and support internal and external audit exercises.
• Monitor compliance with statutory remittances, including PAYE, Pension, NSITF, ITF, GLI, and GPA.
• Ensure proper documentation, asset management, and record keeping.
• Prepare monthly Internal Control Reports and recommend process improvements to strengthen internal controls.

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, or a related field.
• ICAN/ACCA (Qualified or in view) is an added advantage.
• Minimum of 4-5 years' experience in Internal Control, Internal Audit, Risk Management, or Financial Control.
• Experience in HR consulting, outsourcing, payroll administration, or professional services is highly preferred.
• Experience auditing high-volume payroll transactions is an added advantage.

Key Competencies

• Internal Control and Risk Management.
• Financial Reporting and Bank Reconciliation.
• Payroll Controls and Statutory Compliance.
• Accounts Payable & Receivable Controls.
• Fraud Detection and Financial Analysis.
• Proficiency in Microsoft Office and ERP systems (Sage, SAP, Oracle, Odoo, Microsoft Dynamics, or similar).
• Strong analytical, investigative, and report-writing skills.
• High integrity, attention to detail, confidentiality, and problem-solving ability.
• Ability to work independently and collaboratively in a fast-paced environment.