Internal Control Analyst at Leadway Assurance Company Limited

Posted on Mon 22nd Oct, 2018 - www.hotnigerianjobs.com --- (0 comments)

Leadway Assurance Company Limited was founded in 1970. Sir (Dr.) Hassan O. Odukale, (KJW, D.Sc., FCIIN). It has a chequered history of being a company with close attention to relationships, having started operations as a direct motor insurance company. Soon the relationship developed to a stage where it has established a deep relationship with the brokers’ network in Nigeria, enjoying 80% of its current business from this source.

We are recruiting to fill the position below:

Job Title: Internal Control Analyst

Location
: Lagos
Reporting Line: Supervisor/Head, Internal ControlsSupervisor/Head, Internal Controls

Job Objective
  • This position will be required to complete scheduled internal control reviews. Based on audit report findings and/or internal control reviews, the analyst will identify business process inadequacies and/or gaps and recommend necessary improvements.
  • The position will work to foster standardization and consistency across branch offices as regards business processes and internal controls.
  • He will also develop and run scripts for data validation in order to ensure the integrity of the figures captured in the company’s financial statement.
  • This will enhance business intelligence and controls around financial reporting.
Dimensions of the Job:
  • Control Environment
  • Control Weakness
  • Exception Reports/Infractions.
Tasks and Activities (Key Result Areas-Job Output)
Internal Control Strategy:   
  • Implement Internal Control strategy in alignment with Organizational objectives
  • Provide an atmosphere that allow for independence, objectivity and excellence
  • Design and implement effective and adequate controls around the operations of the Company and ensures active monitoring and timely feedback on progress towards achievement of operational and strategic objectives
  • Run scripts for data validation in order to ensure the integrity of the figures captured in the company’s financial statement
Development of  Standard Operating Procedures (SOP’s) and Monitoring of controls:
  • Work with various departments to develop Standard Operating Procedures
  • Implementation and monitoring of various controls
  • Ensure adequate and effective policies, procedures and programs framework for Internal Control service delivery
Internal Control Validations and Reports:
  • Support ERM in the identification and documentation of risk universe and attributes for the purpose of improving the control environment
  • Maintain reports of significant risks, control activities and remediation’s
  • Ensure the integrity of Internal Controls reports and analysis.
  • Provide timely reports to achieve operational and strategic objectives of the company
  • Conducts trends and analysis on the reports and system application rolling out the reports to ensure correctness and reasonable output to aid business decisions
  • Continually review the processes and improve on it to ensure operation efficiency
  • Ensure accurate and up to date validation reports to avoid potential loss
Knowledge, Skills and Behaviour (Required to succeed in Role)
Educational qualifications  & functional / technical skills:
  • A degree (Bachelor's degree or HND) in Accounting, Information technology or related fields
  • Proficiency in Microsoft Word, Excel, Visio
  • A student member or a professional qualification of ICAN, ACCA, and other recognized accounting professional Institutions.
  • Highly ethical with ability to handle confidential information.
  • Strong communication skills (Oral and written)
  • Strong organizational and management - Building Collaborative Relationships, highly developed, demonstrated teamwork skills.
Relevant Experience:
  • 2 to 5 years’ experience in an audit, finance or process improvement role.
Attitude and Behavioural Traits:
  • Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment
  • High degree of professionalism, maturity and confidentiality
  • Good analytical and problem solving skills with rapt attention to details.
Application Closing Date
25th October, 2018.

How to Apply

Interested and qualified candidates should:
Click here to apply online

Note:
Only shortlisted candidates will be contacted.