Internal Control Officer

Job Description

• Develop and monitor all policies, procedures and processes, ensuring compliance with all standards adopted by the company
• Conduct annual control effectiveness testing and provide continuous feedback on identified risk and control
• Creates frameworks for the development of departmental controls and continuous monitoring of compliance with all approved controls across the company
• Make recommendations on new controls to be implemented, streamlining of old controls to ensure control objectives are achieved
• Investigate all system errors, assist to institute controls in projects and ensures effective and efficient operation
• Review vendor presentations for adequacy of controls that would impact the company
• Increase control awareness in CSCS with presentation slides and report
• Facilitate the development of process and policy documentation for all company processes regarding the control environment and implementing a company-wide compliance programme.
• Prepare and present Control Environment reports to Senior Management on a regular basis while working with departments on the implementation of their individual compliance programmes
• Regularise evaluation of internal controls, conduct design and quality assurance tests to determine effectiveness / adequacy in meeting objectives and readiness for internal audits.
• Conduct periodic gap analysis of current processes, controls and compliance requirements with established frameworks and policies.
• Review Audit exception reports and works with departments to close all exceptions raised in the Audit report.
• Review transactions with need for Internal Control approval, giving approvals for compliant transactions while providing guidance for cases of control breaches.
• Provide regular updates on issues relating to IT policies and procedures, identifies changes to requirements with control or process impact and communicates to management for approval and implementation.
• Develop and implement standard policies, procedures, flowcharts and tools to ensure compliance with best practice and audit requirements
• Act as key stakeholder in ensuring timely completion of annual risk assessments across the company contributing to the review of the control environment
• Develop and manage IT policies and processes ensuring compliance within the IT department
• Assist with the maintenance of all IT compliance policies and documentation using applicable frameworks

Requirements