Internal Control Lead
Job Purpose
Contributes to the assurance of Internal Control rules application in the country. Conducts regular assessments of company processes assuring their compliance with Group rules. Conducts testing to internal controls and supports Business Process Owners in creating process efficiency and eliminating risks.
Key Responsibilities
- Health & Safety:
Adhere to and enforce relevant legislation and policies and ensure that highest degree of safety and safe working practices are maintained.
- Functional:
Implementation of the Internal Control Group Framework
- Evaluates the design of controls and assists in determining their implementation. Updates the internal control design as needed and reports the updated controls in Group tool (GRC).
- Conducts the testing on controls through the collection of all relevant documents and samples and investigates evidence.
- Contributes to the development and amendment of policies and procedures.
- Contributes to the Year-end & half early certification.
- Handle MCSs under local internal control ownership including local DOA, PR-PO release strategy and other related tasks.
Business Processes
- Assists in collecting evidence to support the understanding of processes; develops Process Flowcharts and narratives and supports in discovering processes inefficiencies and recommending solutions for risk mitigation.
- Ensures company policies & procedures are properly designed, documented, and aligned with Group policies and directives.
- Provides support and to all Business Process Owners (BPO) to maintain efficient and secure processes.
- Participate in regular local audit visits to define risks/gaps in different locations/sites and align with site managers over action plans.
Group Segregation of Duties
- Ensures proper segregation of duties and tests users’ access rights. And takes or follows-up on actions to mitigate risks.
- Communicates with central team for system transaction roles requested by users.
- Helps users to create mitigating controls to eliminate risks on SAP.
- Handles the dormant users on SAP and verifies users’ accounts.
Group Internal Audit
- Coordinates between Group audit and local teams and contributes to the discussions related to gaps and findings.
- Tracks the audit findings and follows-up on gap closure with the related process owners.
- Manages Team Central’s (group audit tool) action plans, supporting evidence and closing of actions.
External Audit
- Handle external audit requirements from internal control department.
Strategic Risk Assessment Process
- Participates in the risk management process. Updates and maintains the Country’s risk profile and risk mitigation actions.
Other
- Adheres to and enforce relevant Health & Safety legislation and policies; and ensures that highest degree of safety and safe working practices are maintained.
Education, Qualifications & Experience
Education:
Bachelor of Commerce, (Accounting/Finance)
Technical Skills & Experience:
- Good knowledge of the Group policies, organization, methodologies and good practices
- General knowledge of internal control concepts and ERP
- Good knowledge of the business on the field
- Good knowledge of accountings.
- Excellent aural, oral and written communications
- 5 years of experience in an audit firm or in the same field preferably in a multinational company.
