Senior Internal Control Officer at CFAO Motors Nigeria Limited

CFAO is a key player in mobility, healthcare, consumer goods, infrastructure and energy. Its distribution network comprises 155 subsidiaries and is the largest on the African continent. As a preferred partner to leading international brands, the Group covers the entire value chain, drawing on 170 years of hands-on experience and local expertise.

We are recruiting to fill the position below:

Job Title: Senior Internal Control Officer

Location: Lagos
Employment Type: Full-time

Job Responsibilities

  • Ensure compliance and smooth functioning of the Group internal control standards within the various entities in Nigeria
  • Conduct self-assessment of the main Internal Control and Management standards defined in the PACI Guide
  • Identify existing & potential risks that the Business Units operating in Nigeria face and develop solutions to preventive future re-occurrence
  • Alert Management about these risks identified and put in place measures to eliminate the risks & control where appropriate Control:
  • Update and implement audits plan with the Head of the unit that include risk management & Control, Financial reliability and compliance with regulations
  • Ensure compliance and respect of the Internal Control and Management standards defined by the Group
  • Prepare reports following audits & assignments that reflect audit results and document processes
  • Alert the Finance Department and the Management of the BU about the failures observed during the audits
  • Analyze and reconcile the Degonde claims with the files vis-à-vis information in Incadea and follow-up to ensure the claims are timely settled
  • Review Manufacturer warranty reconciliations
  • Review Balance Sheet reconciliations under Blackline
  • Review all schedules and documentation before being sent to the Group internal and external auditors
  • Advice & Assistance:
  • Recommend internal control actions to reinforce compliance with PACI rules
  • Share management best practices in the BU’s
  • Report in a timely manner the information collected and stay tuned with updates related to good practices and Group instructions (CFO Notes)
  • Provide training on policies and controls from time-to-time within the BU and Group
  • Stocktaking management:
  • Supervise the stock-takes on a monthly and annual basis for Vehicles, Trucks, Machines, Parts and Fixed Assets Inventory
  • Supervise the perpetual stock takes for spare parts
  • Investigate and explain the discrepancies identified during the stock takes and get Management’s approval
  • Any other tasks as may be assigned from time to time by the Head of Finance Control.

Requirements

  • A Degree in Accounting, Economics or Finance, or similar field
  • 2 years’ experience from a similar position in a multinational group or delivering similar services in the Big 5 audit firms PwC,
  • Deloitte, KPMG, EY and Mazars etc.
  • Relevant professional certification is a plus
  • Solid understanding and experience with internal control frameworks
  • Strong analytical skills include the ability to spot, assess and address risk, materiality and interdependencies and translate it into impact analysis for the financial reporting and recommendations for improvement
  • Strong presentation and communication skills presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail.
  • Excellent organizational and interpersonal skills, and ability to work as part of a team
  • Adaptable to working in a fast paced, ever-changing environment, striving for continuous improvement and optimization.

Deadline: 16th June, 2023.

Method of Application
Interested and qualified candidates should send their CV to: aesjobsng@cfao.com using the job title as the subject of the mail.


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