Internal Control Officer at a Reputable Investment Banking Group - Willers Solutions Limited

Willers Solutions Limited - Our client, a reputable investment banking group with service offerings in Asset/Fund Management, Wealth Management, Issuing House/Capital Raising, Financial Advisory, Securities Brokerage, Real Estate and Consulting, is recruiting to fill the position below:

Job Title: Internal Control Officer

Location: Lagos

Job Description

• Daily review of GLs for all entities and highlight irregular, suspicious balances, irregular postings.
• Review of suspense and sundry account
• Call-over of previous day transactions and highlight all exceptions.
• Review all bank statements and compare all transactions listed on the statement with transactions posted on the core application for accuracy of details and amounts.
• Exception must be highlighted including transactions not posted in either of the core-application and statements.
• Ensure all bank accounts are mirrored in the core application and both balances agree on a daily basis
• Daily review of client balances and account in debit should be highlighted to ensure there is approval in place.
• Review of money market-placement
• Review of money market- takings
• Bonds review
• Treasury bills review
• FX - customer sales and purchases review
• Seriality review of cheques
• Review of cash advance (PPE)
• Daily cash count (FX and local currency)
• Daily review of loans disbursed
• Review of deferred accounts
• Regulatory requirements review
• Review of drivers' logbooks
• Ensure daily security trading are posted promptly, accurately and risk asset created as a result of the upload is reported.
• Monthly payroll review for accuracy
• Monthly review of postdated cheques collected from client for loan rental payments. Ensure they are paid in promptly
• Quarterly review of assets by comparing the asset register, physical assets, ensuring all assets are listed on the register, given unique tag number, consistence depreciate method is used before being charged to P & L
• Quarterly review of profit & loss account
• Test of alarm system
• Performance tracking/budget review
• Review of accounts receivable
• A market survey of purchases
• Review of PDO (past due obligation) /loan recovery
• Review of staffing requirement
• Review of unclaimed items deposits
• Review of all reconciliation statements

Qualifications and Experiences

• A First Degree or Master's Degree in Accounting, Finance, Economics, Business, or a related field
• Minimum of 5 years in Business Management or its equivalent.

Required Skills:

• A demonstrated knowledge of internal controls
• Strong analytical skills, detail-oriented and ability to work and interpret figures and other financial information.
• Strong organizational skills with the ability to manage multiple projects.
• Ability to address issues and effect change
• Strong written and oral communication skills.

Application Closing Date
30th December, 2021.