Reporting Line:
- Direct Report: Finance Director
- Dotted-Line Report: CEO, Managing Director
Position Summary:
The Head of Internal Control is responsible for establishing, implementing, and overseeing the company’s internal control framework to safeguard assets, ensure accuracy of financial and operational reporting, and maintain compliance with internal policies and applicable regulations.
This role works closely with Finance, Operations, and Management to identify risks, strengthen control processes, and continuously improve governance standards in line with group requirements and business growth.
Key Responsibilities:
1. Internal Control Framework & Governance
- Design, implement, and maintain internal control policies and procedures across finance and operations.
- Ensure internal controls are aligned with group standards, audit requirements, and regulatory expectations.
- Periodically review and update control matrices, authority limits, and segregation of duties.
- Promote internal control awareness and accountability across departments.
2. Risk Assessment & Control Effectiveness
- Conduct regular risk assessments to identify financial, operational, and compliance risks.
- Evaluate the adequacy and effectiveness of existing controls and recommend corrective actions.
- Monitor high-risk areas such as cash management, inventory, procurement, investment, and revenue recognition.
- Follow up on control weaknesses and ensure timely remediation.
3. Internal Audit Coordination & Follow-up
- Act as the key coordinator for internal and external audits.
- Prepare audit documentation, walkthroughs, and control evidence.
- Track audit findings, management action plans, and closure status.
- Report audit outcomes and risk issues to management and group stakeholders.
4. Process Review & Continuous Improvement
- Review end-to-end business processes to identify inefficiencies, control gaps, or duplication.
- Work with Finance and Operations to redesign processes that improve control robustness and operational efficiency.
- Support standardization of procedures and documentation across sites or entities.
5. Reporting & Management Support
- Prepare periodic internal control and risk reports for management.
- Provide advisory support to the Finance Director on governance, compliance, and control-related matters.
- Support special reviews, investigations, or ad-hoc assignments as requested by management.
