Team Member - Internal Control at Phillips Outsourcing Limited

Phillips Outsourcing Limited has been in existence for over 16 years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.

We are recruiting to fill the position below:

Job Title: Team Member - Internal Control

Location: Lagos

Responsibilities

• Involved in the review of various business activities to ensure correctness and accuracy and in line with approved company policies and procedures.
• Review of all Claims; Life and Non-Life
• Conduct reviews on the accuracy of Trial balance posting
• Review of motor running & motor fuelling schedule
• Prepayment Audit/check and vetting of all transactions across the Organization and raising queries where necessary
• Carry out checks on Fixed Asset Register to ensure completeness and accuracy in postings of all Assets.
• Responsible for Call Over of all Technical Transactions, prepare a report highlighting exceptions observed.
• Review of salaries and all statutory rendition associated with salaries; Pension, ECA, NHF etc
• Carry out review of Bonds using approved checklist to identify non-compliance, errors etc
• Involved in the preparation of AML/CFT Quarterly Compliance Report.
• Involved in rendering Weekly returns of Currency Transaction Reports & Records Keeping
• Identifying and reporting of suspicious activities of Clients transactions (new/existing businesses)
• Ensure that AML/CFT Training for all members of staff
• Customer Risk Profiling - (Risk assessment & Reporting)
• Develop and implement sound independent control policies and standards covering all sources of risks/operations across the organization
• Identify and liaise with process owners to resolve all issues of operational lapses promptly.
• Ensure policy and regulatory compliance across the organization
• Involved in planning for the unit to maintain relevance with the operating plan of the company
• Ensure that Policies and Procedures meet the demands of the business
• Help maintain a high-level internal control system and control culture across the organization.

Requirements

• Minimum of a Bachelor’s Degree in Accounting, Social Sciences or any related field.
• Minimum of three (3) years relevant work experience
• A professional qualification of Institute of Chartered Accountants of Nigeria (ICAN) or the Association of Chartered Certified Accountants (ACCA) is an added advantage
• A member of the Chartered Insurance Institute of Nigeria (CIIN)
• Ability to show impartiality and zeal to maintain integrity.
• Strong analytical and problem solving skills
• Strong oral and written communication skills
• Proficient in the use of Microsoft Office.

Application Closing Date
31st March, 2025.