Internal Control & Compliance Officer at Welcome2Africa

About the Role

An established company is recruiting for an Internal Control & Compliance Officer to institutionalize robust financial and control systems. This role is critical in ensuring financial integrity, transparency, and compliance across all business operations, trade, capital, and donor programs. As part of the organization's governance commitments and Board directive, you will play a key role in strengthening the company's control environment.

Key Responsibilities

Internal Control & Risk Management

• Establish, implement, and maintain comprehensive internal control frameworks, policies, and standard operating procedures
• 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 and regulatory bodies

Location

Lagos, Nigeria