Internal Controls, Risk and Compliance Officer at American International School of Lagos

American International Insurance Company (AIICO) Insurance Plc. is a Life Assurance Company which commenced operations in Nigeria in 1963. AIICO insurance plc is the leading player in the industry with the largest and most profitable agency network in Nigeria. It has acquired the highest quality of learning systems and processes.

We are recruiting to fill the position below:

Job Title: Internal Controls, Risk and Compliance Officer

Location: Lagos

Overall

• Responsible for the overall internal audit program for the organization, and operating independently of other departments.
• This position reports to the Superintendent/Head of School, administers the Audit Policy, and coordinates the activities of the organization’s external auditors.
• Employee may perform other related duties as required to meet ongoing needs of the organization.

Duties & Responsibilities

• Develop and maintain a risk register of the key business risk of the organization
• Perform a periodic risk assessment of the key business risk of the organization in conjunction with the Superintendent/Head of School
• Assists the Superintendent/Head of School with putting in place effective cost cutting measures
• Establishing a comprehensive procurement plan and monitoring procurement and tendering processes
• Ensures that AISL complies with internal regulations and established control protocol
• Call-over of the prior day’s transactions
• Review of accounting procedures and business practices of the Finance Unit
• Conduct independent audits of the organization’s financial records and activities and prepare reports for the Superintendent/Head of School
• Survey functions and activities in assigned areas to determine the nature of operations, and adequacy of the system of control to achieve established objectives
• Develop and document the key business processes of the organization
• Conduct and report on the testing and adequacy of the organization’s internal controls over financial reporting
• Investigate and determine causes of irregularities and errors and recommend corrective action and suggest improvement
• Advise the Superintendent/Head of School on audit and internal control matters
• Monitors and ensures compliance with the organization’s policies and national laws and regulations
• Work with the Superintendent to develop, implement and maintain board governance policy manuals and procedures.
• Monitoring and evaluating cost and quality controls
• Liaise with external auditors during the year-end audits
• Responsible for overseeing a company’s data protection strategy and its implementation to ensure compliance with General Data Protection Regulation (GDPR)

Qualifications / Profile

• Degree and/or extensive background and experience in auditing, internal audit standards, fraud awareness, and professional ethical standards or related area

Skills and Aptitudes:

• Excellent interpersonal skills, particularly the ability to relate to colleagues and external third parties.
• Highly detail-oriented and organized
• Ability to meet deadlines.
• Proven ability to work both independently and collaboratively
• Communication skills, including oral communication, report writing, and presentation skills
• Problem-solving skills (i.e., conceptual and analytical thinking)
• Keeping abreast with regulatory changes and industry standards
• Knowledge in enterprise risk management (i.e., risk analysis and control assessment)
• organizational skills, change management skills, critical thinking, teamwork, and conflict resolution, and negotiation skills.
• Ability to multitask

Personal Qualities:

• Honesty and integrity
• Professional and approachable attitude
• Good communication skills
• Team player
• Willingness to learn new skills
• Reliable
• Well Presented
• Flexibility with working hours according to the needs of the school

Terms of Employment:

• Work calendar, contract terms, salary, and benefits shall be negotiated between the Superintendent and the Internal Controls, Risk and Compliance Manager.

Performance Evaluation:

• The Superintendent will evaluate the job performance of the Internal Controls, Risk and Compliance Manager annually in accordance with procedures outlined in contract and AISL Board Policy.

Application Closing Date
4th April, 2024.

Method of Application
Interested and qualified candidates should send their Applications to: [email protected] using the job title as the subject of the mail.

Note
The application should contain:

• One-page letter of interest
• A 1-2 page CV
• Academic Credentials
• Contact details for three confidential references