Internal Control Associate Job at Blackcod Asset Management

BlackCod Asset Management Company offers a range of lucrative opportunities through a blend of investment strategies. We empower organizations to flourish, and assist our customers with expanding their profits and understanding their most significant objectives. We have built a firm exceptionally prepared to accomplish these goals, our stand on quality research, investment expertise and value-added services has engaged us to customers from different countries.

At BlackCod, our essence includes Asset management services, Consulting and Real estate investment. The organization additionally highly esteems its fantastic Foreign exchange advisory and portfolio and funds management.

We are recruiting to fill the position below:

Job Position: Internal Control Associate

Job Location: Lekki, Lagos
Job Type: Full-time

Job Description
Budget & Budget control:

• Monitor annual budget figures
• Provide a monthly variance and budget gap report
• Ensure expenses are always within budget except with exceptional approval

Accounts reconciliation:

• Ensure that cash amounts in the company’s ledgers agree with bank balances
• Ensure guidelines and policies around cash processes are adequate & effective
• Ensure daily call-over
• Monthly bank reconciliation of all accounts
• Regulatory compliance reporting:
• Ensure zero regulatory infraction in areas relating to financial reporting
• Review fillings to regulators
• Ensure remittance of all government taxes

Internal Audit:

• Develop proper internal audit and control system
• Carry out Fixed assets verifications, Staff Audit and others.
• Identify and access areas of significant business risk.
• Oversee risk-based audits covering operational and financial processes
• Ensure all IT Systems and security implementations are monitored regularly and information systems risk events are escalated for resolve.

Revenue and cost assurance:

• Develop an integrated cycle to ensure prevention, detection, analysis and Response
• Ensure avoidable losses and cost exposure
• Ensure no opportunist fraud window
• Ensure no areas of income leakages

Asset and Liability management:

• Develop an ALM system
• Develop ALM policies and procedures
• Suggest strategic guidance where necessary
• Special investigations and daily call overs; review all payment vouchers to both internal and external parties
• Perform investigations into suspected fraudulent/ sharp practices
• Provide appropriate line of action and recommendation for investigated fraudulent activities
• Prepare/compile agreed periodic activity report for the MD/CEO
• Other adhoc assignment as assigned

Qualifications

• Bachelor's Degree in Management, Accounting or Social Sciences from a reputable university.
• Post graduate degree is a plus
• ICAN Certification
• IFRS experiential knowledge
•  Minimum of 4 years experience in asset management, real estate, or banking operations of which two years’ must be in internal control
• ICAN/ACCA certification

Additional Information:
KSA   

• Strategic financial reporting
• Financial analysis
• Knowledge of tax
• Consolidation
• Internal audit
• Nigerian GAAP
• Risk assessment and management
• International financial reporting standards
• Ability to implement decisions with firmness.
• Demonstrate experience in handling technical accounting and financial reporting issues.
• Strong knowledge of industry policies and procedures.