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JOB BRIEF
The Internal Controls & Compliance Manager is responsible for designing, implementing, and overseeing the organization’s internal control systems and ensuring compliance with regulatory requirements and internal policies. This role involves evaluating risks, monitoring control processes, and advising management on improvements to strengthen governance. The Internal Controls & Compliance Manager plays a crucial role in maintaining operational integrity and regulatory compliance across the organization.
Key Duties and Responsibilities
Internal Controls Management:
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Develop, implement, and monitor internal control frameworks across all departments.
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Assess the effectiveness of current control systems and recommend improvements.
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Ensure that all processes comply with relevant regulations and company policies.
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Conduct regular internal control reviews, risk assessments, and audits to identify areas of weakness or non-compliance.
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Coordinate with different departments to establish and maintain robust control systems.
Compliance Oversight:
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Develop and maintain compliance programs to ensure adherence to local, regional, and international regulations.
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Monitor changes in regulatory requirements and advise management on necessary updates to company policies and procedures.
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Ensure that all employees are aware of compliance requirements through training, communication, and policy dissemination.
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Oversee the reporting of compliance issues, manage investigations, and coordinate with external regulatory bodies as needed.
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Prepare and submit timely compliance reports to regulatory authorities and internal stakeholders.
Risk Management:
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Identify, evaluate, and mitigate risks related to internal controls, regulatory compliance, and operational processes.
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Develop risk management strategies to minimize exposure to financial, operational, and reputational risks.
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Collaborate with management to integrate risk management practices into day-to-day operations.
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Conduct regular risk assessments and provide management with actionable insights and recommendations.
REQUIREMENTS
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Bachelor’s degree in Accounting, Finance, Business Administration, Law, or a related field. A professional certification (e.g., CIA, CRMA, CISA, CFE) is highly desirable.
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Minimum of 5-7 years of experience in internal controls, risk management, compliance, or audit, with at least 3 years in a managerial role.
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Strong knowledge of regulatory requirements, internal control frameworks (e.g., COSO), and risk management best practices.
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Experience in conducting internal audits, risk assessments, and developing compliance programs.
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Excellent analytical, problem-solving, and decision-making skills.
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Strong leadership and team management abilities with a focus on continuous improvement.
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Proficient in using audit and risk management software, as well as Microsoft Office applications.
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Exceptional communication and interpersonal skills, with the ability to interact effectively with all levels of the organization.
Key Competencies:
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Attention to Detail:
Ability to identify potential control weaknesses and compliance risks.
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Integrity:
Upholding the highest ethical standards and promoting a culture of compliance.
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Analytical Thinking:
Strong skills in analyzing complex processes and identifying areas for improvement.
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Communication:
Clear and effective communication of control requirements, risks, and compliance obligations.
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Leadership:
Ability to lead cross-functional initiatives and drive change within the organization.
Work Environment:
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Location:
The position is based at the company’s headquarters, with occasional travel required for audits and compliance checks at branch offices.
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Working Conditions:
Fast-paced environment with frequent interactions across departments and with external auditors and regulators.
HOW TO APPLY
Applications, consisting of your
cover letter and CV
only
in a single document, should be sent to
jobs@premiercredit.co.zm
. Copies of
certificates
need NOT
be attached.
Closing date for accepting applications is Wednesday,
21st August, 2024
