Internal Control Officer Job at Bosak Grassroot Empowerment Initiative

Bosak Grassroot Empowerment Initiative (BGEI) is the institutional subsidiary of Bosak Microfinance Bank Limited, operating in Ekiti State and Kogi State, with a mission to support financial inclusion and grassroots development. BGEI focuses on extending financial services to underserved communities especially customers excluded from mainstream banking by fostering savings culture, creating access to credit for income-generating activities, and helping reduce vulnerability through micro-insurance.

At the heart of BGEI’s approach is the belief that financial empowerment begins at the community level. We design our programs to respond to local needs, leveraging decentralized service, strong customer engagement, and ethical practice. Our lending activities prioritize accessibility and responsibility, aiming to uplift individuals, families, and communities across Ekiti and Kogi states.

We are recruiting to fill the position below:

Job Position: Internal Control Officer

Job Location: Ado Ekiti, Ekiti
Employment Type: Full-time

Responsibilites

• Conducting confidential investigations on control breaches.
• Vault cash count and register
• Ensure the physical cash correlates with the system balance
• Ensure loan officer`s and teller`s till are balanced and zero
• Spooling of uncheck SMS report, investigate why the customer(s) was unchecked
• Spool weekly repayment report to call customer`s with previous day shortfall (at least 20 customers in a week), investigate why repayment was not made
• Checking of LO`s till for daily postings on field
• Marking of LO`s ledgers.
• Ensuring that all cash received from customers by LO/BM are paid to our correspondence banks and if there are barriers in this regards, it is expected that all unpaid cash are to be boxed in the vault.
• Verifying and Sending of disbursement advice to the appropriate unit
• Ensure adequate care and maintenance of bank’s properties.
• Monitors organization wide compliance with laid down policies, processes and procedure to ensure adherence.
• Review & manage the day-to-day activities attendance register and operational issues.
• Ensure that strategies defined are implemented by Internal Audit Team for accomplishment of the department’s objectives.
• Carry out specific management assigned tasks.
• Assist in carrying out Full Scale Inspection & Audit.
• Calling over of transactions and quality control.
• Checking of Loan Officer’s daily transactions.
• Report all form of infraction affecting the business arising from daily situations.
• Conducting random spot check with other unit on processes and operations to identify potential weaknesses or deviations from the established procedures.
• Query all anomalies discovered from spot check.
• Attend to deceased customer`s report, if any.
• Assess the primary risks facing the bank and identify risk mitigation measures.

Qualifications

• Minimum of a Bachelor’s Degree in Accounting, Finance, or a related field.
• Candidates must be resident in Ado Ekiti or its environs.
• Minimum of 3 years of relevant experience in internal auditing or internal control, preferably within the financial services industry.
• Excellent analytical, investigative, and problem-solving abilities.
• Strong communication, interpersonal, and report-writing skills.
• Solid knowledge of internal control frameworks and best practices.
• Proficiency in Microsoft Office Suite.

Why Work with Bosak Grassroot Empowerment Initiative (BGEI)?

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.

We offer the following Benefits:

• Salary: N80,000 - N120,000 monthly.
• HMO
• Constant Training and Development
• 13th Month.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Position as the subject of the mail.