Finance and Internal Control Officer at Powerex Limited

Powerex Limited is a reputable company that provides electrical and power services in Nigeria. With our team of competent staff, we serve our clients by combining good customer service with sound technical skills. Our responsiveness and professionalism uniquely endear us to our growing clientele. We appreciate that high-quality power availability means a lot to your business, and that is what we are set to ensure. Your electric power concerns are safe in our hands; you may confidently go to sleep. You would find our partnership more rewarding than you thought. We are focused on strengthening relationships with our customers and leading global solutions vendors; ensuring that we continually provide cutting-edge technology solutions with the highest quality of service delivery exceeding our customers' expectations. We welcome you to our world where we attentively listen to and appreciate your needs, and are always willing to meet and exceed your expectations cost-effectively and efficiently

We are recruiting to fill the position below:

Job Title: Finance and Internal Control Officer

Location: Ikeja, Lagos
Employment Type: Full-time

Objectives

• The Finance and Internal Control Officer is responsible for ensuring the accuracy, integrity, and compliance of financial transactions, internal controls, protection of the organization's assets and risk management procedures within the organization. 
• This role involves financial analysis, monitoring internal processes, and implementing control measures to minimize exposure to potential risks to prevent fraud, embezzlements, misappropriations, misuse and wastage.

Job Description

• Bank reconciliations
• Verify the accuracy of reconciliations
• Perform regular audits and reviews of financial transactions, inventory management, and other operational processes to identify anomalies or errors.
• Evaluate the effectiveness of cash controls and verify the accuracy of cash records and reporting.
• Compare physical counts with inventory records and review reconciliations for accuracy and verify the accuracy of inventory records and reporting.
• Ensure accuracy of payables and receivables balances in the accounts
• Verify the accuracy of financial records, including invoices, receipts, and payroll.
• Consistently carry out internal audit of petty cash funds to ensure proper usage and documentation.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Cut wastage on expenses
• Prepare reports on internal control findings, and recommendations to proactively mitigate the exposure to risk.
• Follows-up on the implementation of the audit recommendations
• Carrying out investigations into suspected fraudulent practices in the Group

Requirements

• Bachelor’s Degree or HND in Accounting, Finance, Economics, or a related field.
• Minimum of 5 years experience
• Experience in internal control, audit, risk management, or compliance roles.
• Strong understanding of internal control frameworks
• Professional certification e.g: ICAN, ACCA
• IFRS knowledge
• Strong knowledge of financial accounting
• Proficiency in MS office Suite.

Skills and Competencies:

• Compliance and internal audit practice
• Fraud detection and control
• Inspection and investigation
• Strong analytical skills.
• Operational risk management
• In-depth knowledge of internal control frameworks and best practices.
• Budgeting and budgetary control
• Excellent communication, and report writing skills.
• Knowledge of Nigerian tax laws, financial regulations, and inventory management.
• Resource management
• Attention to detail and organizational abilities
• Proactive mindset.

Application Closing Date
14th March, 2025.

How to Apply
Interested and qualified candidates should send their CV to: careers@powerex-limited.com using the Job Title as the subject of the mail.