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Internal Controller

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience 5 years
  • Location Akwa Ibom
  • Job Field Finance / Accounting / Audit&nbsp

Job Purpose

  • Develop and maintain an effective system of internal controls that complies with relevant laws, regulations, and policies, and provides reasonable assurance of the effectiveness and efficiency of operations.
  • Ensure that all control-related issues are identified, tracked, and resolved in a timely manner and that remediation plans are implemented and monitored to ensure their effectiveness
  • Ensure that all internal control processes, policies, and procedures are up to date and in compliance with relevant law.

Roles and Responsibilities

  • Review and communication of approved exceeded credit limit and recoverable status
  • Review and communication of confirmed payable status
  • Review of strict adherence to budget approvals by management
  • Ensure accuracy and completeness of the financial record
  • Implementation of internal control processes, regulations and procedures
  • Promotion of operational efficiency and ensure adherence to processes and procedure
  • Carrying out spot checks on cash and other activities in the branches under coverage
  • Review and investigate detected errors, and fraud in the system and report to HIC
  • Participate and review stock count exercise and report variance to the HIC
  • Work collaboratively with other departments to identify control gaps and improve processes and procedures, and to ensure that internal controls are embedded into all business operations
  • Conduct special investigations into potential violations of internal control policies, regulations, or laws and recommend corrective actions to management
  • Ensure compliance with internal control requirements of external regulatory bodies
  • Monitor and analyse the effectiveness of internal controls, identify deficiencies, and recommend improvements to management.

Educational Qualifications

  • B.Sc / HND in Accounting

Professional Certification:

  • Chartered accountant (ACA or ACCA)

Required Years of Experience

  • At least 5 years of experience in internal audit, internal control, or related field.

Required Skills and Competencies:

  • Strong analytical and problem-solving skills, with the ability to identify and assess control gaps and develop effective mitigation strategies.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively with other departments and stakeholders.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • People and time management
  • Report writing and presentation
  • Protection of Confidential Information
  • Excellent relationship management skills.

Expected Behavioral Competencies:

  • Resourcefulness
  • Dependability
  • Passion
  • Integrity
  • Promptness
  • Accountability
  • Image/brand representation of the company.

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Method of Application

Job Purpose

  • Responsible for overseeing and managing the procurement process within the company. This role involves sourcing suppliers, negotiating contracts, purchasing goods and services, and ensuring cost-effectiveness, quality, and compliance with company policies and regulatory requirements.

Roles and Responsibilities
Sourcing Suppliers:

  • Identify potential suppliers and conduct market research to assess their capabilities, pricing, and quality.
  • Develop and maintain a qualified supplier database.
  • Collaborate with the sourcing team to evaluate and select suppliers based on predefined criteria.

Vendor Negotiations:

  • Negotiate contracts and agreements with suppliers to secure advantageous terms and conditions.
  • Ensure that procurement contracts comply with legal and regulatory requirements.
  • Work with the legal department, if necessary, to review and finalize contracts.

Purchase Order Processing:

  • Create and manage purchase orders for goods and services.
  • Verify purchase requisitions for completeness and accuracy.
  • Ensure timely approval and processing of purchase orders.

Cost Control:

  • Monitor and analyse procurement costs and trends.
  • Identify cost-saving opportunities without compromising quality.
  • Negotiate bulk purchase discounts where applicable.

Quality Assurance:

  • Collaborate with quality control and assurance teams to ensure that procured goods and services meet established quality standards.
  • Address and resolve quality issues with suppliers promptly.

Inventory Management:

  • Coordinate with the inventory management team to ensure that stock levels are maintained within defined parameters.
  • Monitor inventory turnover and obsolescence.
  • Implement inventory control measures to minimize losses.

Compliance:

  • Ensure compliance with company procurement policies and procedures.
  • Stay informed about relevant industry regulations and ensure adherence.
  • Assist in audits related to procurement activities.

Reporting:

  • Generate and analyse procurement reports to track key performance indicators (KPIs).
  • Prepare regular reports for management to review procurement activities, cost savings, and potential risks.

Supplier Relationship Management:

  • Cultivate and maintain strong relationships with key suppliers.
  • Address supplier concerns and resolve issues promptly.
  • Evaluate supplier performance regularly.

Sustainability and Ethics:

  • Promote sustainable procurement practices and ethical sourcing.
  • Consider environmental and social responsibility in procurement decisions

Education Qualification

  • BSc / HND in Accounting, Business Administration or any other related course

Required Years of Experience:

  • At least 2 years of experience in procurement or a similar procurement leadership role within the agricultural or feed Production.

Required Skills and Competencies:

  • Strong understanding of procurement strategies, supply chain management, and market dynamics
  • Analytical mindset with the ability to make data-driven decisions.
  • Familiarity with industry regulations and quality standards.
  • Demonstrated ability to lead and inspire a procurement team.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively with other departments and stakeholders.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • People and time management
  • Report writing and presentation
  • Protection of Confidential Information
  • Excellent relationship management skills

Expected Behavioral Competencies:

  • Resourcefulness
  • Dependability
  • Passion
  • Integrity
  • Promptness
  • Accountability

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