Job Purpose:

The purpose of this role is to develop, implement, and maintain effective internal controls and compliance programs to ensure adherence to relevant regulations, industry standards, and internal policies. The successful candidate will utilise a thorough understanding of risk management principles and internal control frameworks to play a critical role in safeguarding the organisation’s assets and reputation.

Areas of Responsibility:

1. Internal Controls Management

• Design, implement, and monitor internal control systems across various departments and processes.
• Conduct regular reviews and assessments of existing controls to identify weaknesses and recommend improvements.
• Develop and update internal control policies and procedures.
• Provide guidance and training to staff on internal control best practices.

2. Regulatory Compliance

• Stay updated on relevant laws, regulations, and industry standards affecting the organization.
• Interpret and communicate regulatory requirements to relevant stakeholders.
• Develop and implement comprehensive compliance policies and procedures.
• Conduct compliance risk assessments and develop mitigation strategies.
• Ensure timely submission of all required regulatory reports.

3. Risk Management

• Assist in identifying, assessing, and mitigating operational and compliance risks. This includes focusing on high-risk areas identified through fraud cases (e.g., inventory, fuel usage).
• Develop and maintain a comprehensive risk register, tracking risk exposure and mitigation efforts.
• Collaborate with various departments to embed risk management practices into daily operations.

4. Audits and Investigations

• Liaise with internal and external auditors during control and compliance audits, specifically coordinating with Internal Audit on control effectiveness.
• Coordinate management’s responses to audit findings and ensure timely implementation of corrective actions.
• Conduct internal investigations into alleged compliance breaches or control failures (e.g., fraud and theft cases).
• Perform physical spot checks and stock counts as recommended for the Kenya-based role.

5. Reporting

• Prepare regular reports on the effectiveness of internal controls and compliance programs for senior management and the board.
• Track and report on key risk indicators and compliance metrics, specifically quantifying the financial impact of improved controls.

Qualifications :

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Professional Certification in Accounting (e.g., CPA, ACCA, or CIMA),Certification in Internal Audit (e.g., CIA) or Compliance (e.g., CCEP) is a strong advantage.

Experience:

• Experience in internal controls, compliance, risk management, or audit, preferably within a regulated industry.
• Proven experience in designing and implementing internal control frameworks.
• Strong understanding of regulatory environments and compliance requirements.

Skills and Competencies

• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to interpret complex regulations and translate them into practical policies and procedures.
• Excellent communication, interpersonal, and presentation skills.
• Ability to work independently and as part of a team.
• High level of integrity and ethical conduct.
• Proficiency in Microsoft Office Suite and relevant compliance software/GRC tools.