Job Summary:
The Financial Control Officer is responsible for overseeing the financial controls of the organization to ensure accuracy, integrity, and compliance with regulatory requirements. This role involves developing and implementing financial control policies, monitoring financial transactions, and providing insights to enhance financial performance and mitigate risks.
Key Responsibilities:
- Identify and evaluate risks within the company’s operations.
2. Develop and implement risk management strategies and frameworks.
3. Conduct risk assessments and recommend mitigation measures.
4. Design and implement effective internal control systems.
5. Review and update existing control policies and procedures.
6. Ensure controls are in place to prevent and detect errors, fraud, and inefficiencies.
7. Monitor and verify the accuracy and completeness of financial records by performing:
- Monthly Review of Management Accounts.
- Monthly Review of Bank Reconciliations.
- Review of Reconciliation of Bank-Ledger-SAP Balances
- Post-Payment Review of all Payments (Call-Over)
- Review of all Payables before payment.
- Review of Payroll before Payment.
- Ensure proper documentation and authorization of financial transactions.
- Evaluate operational processes to identify areas for improvement.
- Recommend and implement process enhancements to increase efficiency.
- Monitor key performance indicators and track progress against targets.
- Provide Inputs to Internal Auditors on financial and operational processes.
- Ensure compliance with company policies, industry standards, and regulatory
- Prepare detailed reports on internal control evaluations and findings.
Requirements.
- Bachelor’s degree or HND in Accounting, Finance, Economics, or related field.
- Professional certification (ICAN, ACCA) or in progress is an added advantage.
- 2–4 years relevant experience in financial control, accounting, or audit.
- Experience in corporate finance, internal control, or financial reporting preferred.
- Knowledge of accounting systems (e.g., SAP, Oracle, QuickBooks, SAGE, or similar).
