Key Responsibilities
Internal Control & Risk Management:
- Establish, implement, and maintain comprehensive internal control frameworks, policies, and SOPs.
- Regularly review and strengthen processes to minimize risks, fraud, and financial irregularities.
- Conduct periodic control checks and internal reviews across all business units.
- Provide assurance on compliance with both internal and external financial regulations.
Liquidity & Cashflow Oversight:
- Monitor and forecast liquidity to ensure obligations are met on time.
- Track real-time inflows and outflows, flagging risks of shortfalls or leakages.
- Develop and enforce cashflow reporting templates across departments.
- Provide early warning signals and risk alerts to senior management.
Fund Segregation & Allocation:
- Enforce strict rules around segregation of funds for operations, trade, capital, and donor programs.
- Monitor disbursements to ensure alignment with approved budgets and allocations.
- Ensure donor and investor funds are managed according to contractual or regulatory guidelines.
Financial Record-Keeping & Reporting:
- Maintain accurate, complete, and auditable financial records.
- Consolidate and present timely reports on liquidity, cashflow, and compliance to senior leadership and the Board.
- Support donor, investor, and regulatory audits with accurate data and reporting packs.
Compliance & Regulatory Monitoring:
- Ensure timely filings and payments of statutory obligations such as PAYE, VAT, pensions, and other regulatory requirements.
- Liaise with auditors, tax authorities, and regulators to maintain compliance standing.
- Implement monitoring mechanisms to track compliance in real-time.
Requirements
Education & Certifications:
- Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
- Professional certification such as ACA, ACCA, CIA, CISA (or equivalent) is an added advantage.
Experience:
- 3 - 5 years progressive experience in audit, internal control, treasury, liquidity, or compliance functions.
- Proven track record in designing or enforcing cashflow management and fund segregation systems.
- Prior experience in investment, trade facilitation, donor-funded, or financial services organizations will be an added advantage.