Internal Control and Compliance Manager at Ringo Telecommunications Limited

Ringo Telecommunications Limited is an indigenous Telecommunications company established in 2004. A brand that offers high quality and differentiated solution to customers in the mobile telecommunications industry. We are positioned as a value for money brand that provides a wide range of mobile communication tools, solutions and services in a synergistic manner.

We are recruiting to fill the position below:

Job Title: Internal Control and Compliance Manager

Location: Lagos
Employment Type: Full-time

Responsibilities

• Develop internal controls adequate to RINGO FinTech’s evolving risk landscape
• Develop, implement and maintain bespoke compliance-related solutions for AML/CTF/Sanctions/Anti-fraud compliance program.
• Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
• Ensure key internal controls are defined, implemented, documented, assessed and monitored in front of material risks.
• Managing and documentation of FinTech Policies, Processes and Procedures
• Provide managers and management with the relevant Internal Control methodological support
• Defining and implementing an effective fraud strategy to prevent, detect, investigate and report on all Fintech Frauds in wallets, SIMs, Banks etc
• Understand the financial risks faced by the FinTech as a business in order to ensure the definition of an appropriate risk management strategy.
• Deliver adequate and timely reporting on Internal Control framework and control deficiencies in line with requirements to ensure appropriate escalation and adequate action plans
• Call-over of transactions to ensure timely and accurate posting into BUSY application for all purchases, stock issuance and transfers of bulky store items to other locations.
• Review general ledgers on stock and maintain regular postings and updates on the ERP.
• Develop and drive implementation of policies with the aim to engender uniformity and reduce learning downtime in the operations and financial units in the company.
• Reviewing daily debtors’ position, Working Capital and other highly exposed financial transactions.
• Produce weekly and Monthly reports for all SBUs
• Carry out a monthly stock count and report on the review stock.
• Review each SBU operations and recommending regular cost containment measures, processes and action points to reduce waste, losses, and fraud
• Assess and monitor compliance with policies and procedures by ensuring internal audit exercises and upholding control principles.
• Verify the existence of assets and recommend regular safe-guarding measures for inventory, vehicles and other assets domiciled within and outside the company by reviewing Asset Register.
• Conduct various reviews so that vulnerabilities and flaws within the internal systems of an organization are found, documented, tested and resolved.
• Scrutinize security policies so that risk is properly determined and mitigated for products, solutions, customers and partners.
• Assess and monitor compliance with policies and procedures. Review and assess the existence of assets by regular spot checks and counts and recommend safeguards.
• Engage units on implementation of regulatory guidelines and policies; ensuring compliance and escalating non-compliance to mitigate exposures in the organization.
• Champion investigations for fraud and develop recommendations to mitigate all risks associated to fraud.
• Be responsible to train staff members and board new staff.
• Carry out background checks for staff and KYC for customers.
• Review of month-end/year-end Financial Statements and analysis of results.
• Supervise and train other IC&C staff members and ensure IC&C resources are utilized to meet set KPIs.
• Perform ad-hoc duties as assigned by CEO.

Qualifications

• Candidates should possess BA / B.Sc Degree with 4-7 years work experience.

Application Closing Date
25th August, 2022.

How to Apply
Interested and qualified candidates should send their CV / Resumes to: yewandeadebule1@gmail.com with "Internal Control and Compliance Manager" as the subject of the email.