Internal Control Officer at Ciheb, December 2024, is responsible for evaluating, monitoring, and improving the effectiveness of internal controls and risk management processes within an organization to safeguard assets, ensure compliance, and mitigate risks.
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In addition to conducting audits and reviews and evaluating the design and execution of internal controls, the internal control officer will also make recommendations to management regarding how to improve control environments and reduce risks. entails working with stakeholders, spotting control gaps, and encouraging an honest and accountable culture.
Duties and Responsibilities
- Create and execute internal control structures, guidelines, and practices to guarantee adherence to legal mandates and industry norms.
- To find possible risk, fraud, or non-compliance areas, do risk assessments and internal control evaluations.
- Examine the layout and performance of internal controls, including authorization procedures, access controls, and job segregation.
- To evaluate the correctness and dependability of financial and operational data, conduct internal audits, reviews, and testing procedures.
- Inform management and stakeholders of the audit with conclusions, observations, and suggestions in audit reports.
- Work together with process owners and department managers to address control flaws and put remedial measures in place.
- To address audit findings and control deficiencies, it is important to monitor and document remediation activities and action plans effectively.
- Employees should get instruction and direction on internal control policies, methods, and concepts.
- Investigate any suspected fraud, wrongdoing, or anomalies and suggest suitable courses of action and safeguards.
- Keep up with modifications to laws, rules, and industry standards pertaining to risk management and internal controls.
- Participate in committees and cross-functional teams to assist with organizational projects and initiatives.
- During audits and inspections, communicate with authorities, external auditors, and other interested parties.
- To find new risks and locations where internal control procedures need to be improved, analyze data and trends.
- Monitor compliance with internal policies, processes, and ethical standards; investigate and rectify any infractions as necessary.
- Participate in the creation and execution of risk management plans and projects to improve the sustainability and resilience of organizations.
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Qualifications
Education
- Bachelor’s degree in business administration, finance, accounting, or a similar discipline; desirable certifications include CPA, CIA, or CISA.
Experience, Knowledge, and Skills
- Five years or more of experience. demonstrated expertise in risk management, internal audits, or internal controls.
- Familiarity with industry best practices, legal regulations, and auditing standards.
- Analytical and critical thinking abilities to evaluate the efficacy of controls and identify risks.
- Outstanding interpersonal and communication abilities enable successful interactions with stakeholders at all levels.
- Precision and meticulousness in documenting and audits.
- Proficiency with the Microsoft Office suite and auditing tools and applications.
- Honesty, professionalism, and moral conduct when managing private data and inquiries.
- The capacity to operate both alone and cooperatively in a group setting.
Instructions for Submitting Applications
- Please send all applications electronically to info@cihebtanzania.org.
- Every application should have a cover letter outlining the candidate’s qualifications, experiences, and major functional areas to demonstrate their appropriateness for the position.
- In the email’s subject line, candidates should be sure to explicitly state the position for which they are applying.
- Candidates should provide a CV or resume that highlights their major accomplishments in fields related to the position.
- The fundamental prerequisites that every candidate must fulfill in order to be considered for an interview are experience and qualifications relevant to the position.
- There should be three references on the application who are aware of the applicant’s employment history. References ought to provide contact details, such as a daytime phone number and email address.
- Every applicant should provide their email address and daytime phone number.
- The application deadline is January 10, 2025, at 5:00 PM EAT. After the deadline, applications will not be taken into consideration.
CIHEB Tanzania is an equal opportunity employer and encourages all qualified persons to apply regardless of gender, religion, ethnicity, or any other status variable.
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