Internal financial control, audit handling (internal + statutory), handling reconciliation, reporting,

Job Purpose:

- Responsible for managing and overseeing the internal financial controls (IFC) framework, conducting risk assessments, documenting internal controls, testing effectiveness, developing remediation plans for deficiencies, coordinating with stakeholders, providing training, and ensuring compliance with regulations.

- Ensuring compliance with regulatory requirements, supporting internal and external audit processes, and maintaining the integrity of financial data through accurate balance sheet reconciliation.

- The ideal candidate will have a strong understanding of governance frameworks, financial auditing, and reconciliation processes in a corporate environment.

Key Deliverables (Essential functions & Responsibilities of the Job):

1. Internal Financial Controls (IFC):

- Develop, implement, and monitor internal financial controls to ensure compliance with company policies and regulatory standards.

- Conduct regular assessments and tests of the internal control system to ensure effectiveness and identify areas of improvement.

- Coordinate with internal and external stakeholders to review and update the IFC framework in response to changes in regulations or business operations.

2. Governance:

- Support the governance framework by ensuring compliance with corporate policies and procedures, applicable laws, and regulations.

- Collaborate with cross-functional teams to ensure governance practices are aligned with best practices in corporate and financial reporting.

- Assist in the preparation of governance-related reports for board meetings, senior management, and regulatory authorities.

3. Audit (Internal and External):

- Coordinate and manage the internal and external audit process, ensuring timely and accurate submissions of financial statements and supporting documents.

- Work closely with external auditors to provide necessary documentation, explanations, and responses to audit inquiries.

- Identify any audit findings, work to resolve discrepancies, and ensure corrective actions are implemented.

- Assist in preparing audit schedules, ensuring all balance sheet and P&L accounts are reconciled and audit-ready.

4. Balance Sheet Reconciliation:

- Review monthly, quarterly, and annual balance sheet reconciliations, ensuring that all balances are accurate and well- supported.

- Review reconciliation reports for completeness and ensure timely closure of open items.

- Analyze variances and prepare detailed reconciliation reports for management review.

- Maintain a high level of accuracy and accountability in all financial reconciliation activities.

5. Financial Reporting and Compliance:

- Account Payable - Review and verify the accuracy of invoices and purchase orders. Booking and Payment along without standing monitoring.

- Account Receivable - Responsible for processing invoices, collecting outstanding payments, and ensuring accurate recordkeeping.

- Ensure all financial statements and reports comply with the relevant accounting standards (e.g., IFRS, GAAP).

- Assist in the preparation and submission of regulatory filings, as required.

- Support in managing risk and ensuring the financial data integrity of the company.

6. Process Improvement:

- Identify inefficiencies and weaknesses in the financial processes and recommend improvements to streamline workflows.

- Implement best practices in accounting and reconciliation processes to improve accuracy and efficiency.

- Drive continuous improvement in internal controls, governance processes, and audit readiness.

Required Qualifications & Skills:

- Strong understanding of financial reporting, auditing, and reconciliation processes.

- Excellent analytical, problem-solving, and attention to detail.

- Ability to communicate complex financial information effectively to non-finance stakeholders.

- Proficiency in financial software (e.g., SAP, Microsoft Excel).

- Strong organizational and project management skills, with the ability to manage multiple priorities.