Internal controls jobs

View Jobs in Banking / Financial Services / View Jobs at Money Trust Microfinance Bank Posted: Jan 29, 2024 Deadline: Not specified Save Email Learn how to get a remote job from Nigeria. Register for Webinar Trustfund Microfinance Bank Ltd was incorporated as a wholly indigenous limited liability company poised to provide customers with the financial support to alleviate poverty using dedicated and well motivated staff. We are committed to being among the top micro finance banks in Nigeria.Our range of products and services are unique and they are designed t... Read more about this company Internal Control Officer Job Type Full TimeQualification BA/BSc/HNDExperience 2 yearsLocation LagosJob Field Finance / Accounting / Audit Role Description This is a full-time on-site role for an Internal Control Officer located in Lekki. The Internal Control Officer will be responsible for ensuring compliance with policies, procedures, laws, and regulations, evaluating internal controls effectiveness, developing recommendations, and implementing improvements.Qualifications Strong Analytical Skills, Finance, and Internal Controls knowledge Excellent Communication and Auditing skills Ability to work independently and as part of a team Attention to detail and ability to multitask Bachelor's degree in Finance, Accounting, or related field Relevant professional certification such as ACCA, ICAN, or CISA is a plus 2+ years of experience in a similar role Experience in a microfinance bank or financial institution is desirableMethod of Application Send your CV to: hrdesk@moneytrustmfb.com Build your CV for free. Download in different templates. MYJOBMAG.COM--> Apply Now Save Email Report Send your applicationView All Vacancies at Money Trust Microfinance Bank Back To Home Never miss a job with our real-time & personalized push notification Subscribe Now--> Popular JobsDispatch Rider at IBIC HoldingsGraphic Designer at Pruvia Integrated LimitedMixologist/Bartenders (Casoni Lounge Port harcourt) at Venmac Resources LimitedDigital Marketing Specialist at Total Data LimitedHR Officer at TeamAce LimitedQualified Health Workers at Lariken International College, Ologuneru IbadanDispatch Rider at CargoExtra Global LogisticsJobs at Chilis by EbevandeBar Man (Casoni Lounge Portharcourt) at Venmac Resources LimitedElectrician at Sevan Construction Nigeria Limited View Hot Nigerian Jobs Today » Subscribe to Job Alert Join our happy subscribers

Activities to mitigate the risks.Design and communicate control changes to the personnel responsible for implementing, carrying out, and reviewing the related control activities.Implement the control changes effectively. Document the changes that are made.Carefully monitor the organization’s control activities. This helps to determine the effectiveness of the operation and the outcomes from their execution.What’s the Difference Between Preventive and Detective Controls?Internal controls can be categorized as either preventative or detective. Let’s take a look at the differences between these two types:Preventive controls. These controls help to prevent errors or irregularities from occurring in the first place. They are directly built into internal control systems. Although these controls do involve a significant effort in the initial design and implementation status, they don’t require significant ongoing investments.Detective controls. These controls detect errors and irregularities that have already taken place, and assure prompt correction. Contrary to preventive control, detective controls are a continuous operating expense, and hence they’re more expensive. But they are necessary, since detective controls supply the means to correct data errors, modify controls, or recover missing assets.How Do Internal Controls Monitoring and Auditing Work Together?The best way to explain the relationship between internal control and internal audit is to consider the Three Lines Model published by the Institute of Internal Auditors.Internal controls are the responsibility of management, and internal controls reside in the First and Second lines (that is, in operating units and in certain management functions such as finance or accounting).On the other hand, internal audit is part of the

Is an additional option in the feed creation where you can make the feed intended for Internal only. This selector is shown at the top of the feed screen.If the tickbox of "Internal Feed" is changed to "Yes" then the URL shown would be for the internal career site and only populate internal jobs. This feed should then NOT be shared with external vendors as it would alter the candidate workflow and may break the tracking connection.Customer jobs are automatically distributed to many of the interactive sources used today like job aggregation sites and free job posting sites. SAP maintains a partnership network with a number of job aggregators and job boards that drive traffic to SuccessFactors customer career sites.Automated (no customer effort needed) feeds are set up on the customer’s “opt in” approval. This is generally recommended at CSB go-live but can be submitted at any time during the customer’s site life cycle. The objective of this program is to select partners that deliver not only quantity of candidates but also quality of candidates. SuccessFactors also holds these partners to very high standards and policies to ensure a quality candidate experience. Many job boards and aggregators in the industry have job distribution practices that are not candidate friendly. SAP cannot control the practice of every global job board or aggregator; however, the Organic Network does aid in providing the most direct connection of candidates to your Talent Community. Other notes:Partners are asked to not re-distribute customer jobs to other 3rd partiesPartners are asked to not require registration of candidates on their site (though some have this as mandatory)Only relevant jobs are sent to relevant sources; for example, a regional specific partner only accepts country relevant jobs. Additionally, if a niche board only selects a part-time or temporary postings then

KPMG UK BlogInternal controls: Defining a frameworkSince the announcement of the UK Government’s corporate governance reforms, there has been much debate and even more speculation on what management need to do to comply, both in letter and spirit. The latest Financial Reporting Council (FRC) consultation published in May 2023 on the UK Corporate Governance Code, has added to the focus on internal controls effectiveness, Board oversight, assurance and resilience.There is little doubt that the potential new requirements in relation to ‘internal controls’ has taken centre stage. When the Code is finalised, further guidance is expected to be published alongside it. But in the meantime, many companies have been considering the “no regrets” uplift to their control environment.What can you do now?If you have not performed any work on internal controls before, the earlier you start planning, the better.We have helped many organisations in internal controls readiness activities as well as delivering formal assurance reports on internal controls. From experience, we know that it takes time and effort to get your internal controls documented, assessed and any issues fixed before you can provide assurance to your internal or external stakeholders.A first step is to define a formal framework. Many adopt COSO13, but the FRC has been open to the Board defining its own company specific approach. Once you’ve documented your internal control framework (also sometimes referred to as controls matrix, library or inventory), you can then move into formal reviews of your documented internal controls and if relevant, obtain independent assurance over the internal controls. This could be in the form of a periodic report that provides you with a reasonable assurance opinion from an independent assurance provider. Companies which have to implement an audit and assurance policy will have to specifically disclose whether they will obtain external assurance over financial

Internal Controls Lead - IndiaAre You Ready to Make It Happen at Mondel- z International?Join our Mission to Lead the Future of Snacking. Make It Uniquely Yours.- You will partner with financial and operational management to understand and enhance internal control environments, risks, and mitigation activities to minimize the risk of financial losses, operational inefficiencies and statutory non-compliances caused by the lack of controls or effective governance.- You will oversee and manage the India team to drive the Internal Controls agenda, conduct reviews of internal processes to ascertain operating effectiveness of the control environment, compliance with internal policies and procedures, as well as benchmark against best practices. In addition, you will lead strategic projects and initiatives for the global and regional Audit and Risk Advisory function and collaborate with cross-regional teams.How you will contribute1. Manage the Internal Controls agenda for India Business Unit (BU) including partnering with management to optimize the internal control environment through design, training, monitoring, and testing2. Contribute to a strong controls and compliance environment by providing expert assessment of our policy and controls effectiveness and organization compliance3. Lead and conduct advisory reviews within scope including coordinating with India BU senior management, and keeping the Internal Controls Director apprised on progress, reporting observations to management, and monitoring corrective action plans4. Drive a strong controls and compliance environment by ensuring system of internal controls are adequate to manage risk and compliance with policies including compliance with Sarbanes-Oxley (SOX)5. Ensure risk-based procedures are devised to adequately assess all significant business and operational risks6. Supports programs related to harmonization, efficiencies, and improvements to ways of working and build a mindset of continuous improvement within the Internal Controls team7. Drive and participate in Global and Regional strategic projects to bring value-add improvements8. Build a high-performing Audit and Risk Advisory team through