Internal Control Officer at IO Furniture Limited

IO Furniture Limited is a full-service interior design and manufacturing company characterized by our uncompromising quality and innovative design solutions. With innovation, functionality, and style at the heart and soul of our company, we deliver perfection consistently. From our signature classics to our custom project designs we have managed to build a stellar reputation for excellence, quality, reliability and integrity.

We pride ourselves in our ability to interpret the essence of our clients through manufacturing and design. By working closely with each client we are able to create spaces that embody their being, because regardless of whether they are individuals, brands or establishments to us each project is personal.

We are recruiting to fill the position below:

Job Title: Internal Control Officer

Location: Ilupeju, Lagos
Employment Type: Full-time
Reporting Line: MD/CEO, Board of Directors

Key Summary of the Job

• The Internal Control Officer will be responsible for Implementing, monitoring and measuring the adequacy of control systems in the company, in compliance with regulations and internal control framework, increasing operational efficiency by detecting and eliminating fraud and business risks.
• He/She will also be responsible for evaluating and improving our internal control systems and work closely with various departments to ensure compliance with policies and procedures and identify opportunities for process optimization.

Core Working Relationships:

• Board of Directors
• Management Team
• Commercial Team
• Operations Team
• Accounts Team
• HR/Admin Team.

Task Complexities

• Develop, implement, and maintain internal audit policies and procedures in accordance with local and international best practices.
• Conduct comprehensive reviews and assessments of internal control processes.
• Identify and reduce all business and financial risks through effective implementation and monitoring of controls, recommending improvements to strengthen internal controls.
• Monitor compliance with established policies, procedures, and regulatory requirements.
• Develop and implement control testing procedures to ensure ongoing compliance.
• Collaborate with departments to streamline processes and enhance efficiency.
• Implement best practices for internal controls and risk management.
• Maintain accurate documentation of internal control processes and testing results.
• Prepare periodic reports for Management and Board of Directors, detailing control deficiencies and recommended actions.
• Conduct ad hoc investigations into identified or reported risks.
• Oversee risk-based audits covering operational and financial processes.
• Ensure complete, accurate, and timely audit information is reported to Management
• Provide training and support to employees on internal control policies and procedures.

Required Skills / Qualifications

• Bachelor’s Degree in Accounting or Finance.
• 6 - 8 years’ previous experience in a similar role within a Manufacturing/Retail entity
• ICAN or ACCA Qualification is an added advantage
• Strong Analytical Skills, Finance, and Internal Controls knowledge
• Excellent Communication and Auditing skills
• Ability to work independently and as part of a team
• Attention to detail and ability to multitask
• Knowledge of ERP Systems.

Application Closing Date
8th April, 2024.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.