Internal Control Officer

Responsibilities:

• Ensuring that all staff adhere strictly to laid down control policies, plans, procedures, laws & regulations of the company and the regulators.
• Preparing Monthly/quarterly audit reports to the board of directors (Audit Committee of the board of directors)
• Checking that all deposits for shares from the clients are credited too their stock trading account.
• Checking if payments made to clients are debited in the in-house statement of account accordingly
• Monitoring the regulatory timetables for the submission of returns
• Reviewing the adequacy of bank reconciliation statements, and the accuracy of posting of daily trade.
• Carrying out random reviews of clients' account at least quarterly
• Carrying out audit investigation into any areas of archives at the prompt of the management from time to time
• Ensuring that all statutory returns are rendered as and when due
• Screening/clearing of new account opening form /documentation
• Crosschecking client withdrawal mandate request before final approval
• Checking all clients buy and sell mandates making sure they are properly documented
• Crosschecking PAYE computation and other deductions before remittance
• Ensuring that due approval is sought before payment
• Verifying that all services provided are been charged. E.g. T+3 charges, bank instant transfer, verification, printing of CSCS statement
• Liaising with external auditor
• Performing an aging analysis of receivable accounts
• Reviewing of employee file
• Crosschecking the payroll for errors of commission and others
• Physical verification of fixed assets from the asset register
• Establishing and maintaining strong working relationships across the organization.

Requirements:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• ACA certification is compulsory.
• Minimum of 4 years of experience in internal control, audit, risk management, or compliance within a financial institution, preferably a stockbroking firm.
• Strong understanding of Nigerian financial market regulations, including those of the NSE and SEC.
• Familiarity with industry-standard risk management tools and techniques.
• Excellent analytical, problem-solving, and communication skills.
• High attention to detail and the ability to manage multiple tasks under pressure.
• Strong ethical standards and the ability to maintain confidentiality.
• Being a SEC-sponsored individual with strong experience in the capital market industry would be an advantage.

Location: Lagos

Remuneration: NGN 480,000 - 550,000

Application Closing Date: 28th March 2025.