Job description

The Internal Control Lead will be responsible for ensuring a strong internal control environment through the development of policies and procedures, ensuring their implementation, and monitoring compliance.

The position will work to foster standardization and consistency across the company’s business processes and internal controls.

Responsibilities

• Own the design, implementation, documentation, assessment, and monitoring of the company’s internal control framework, including group policies and key risks to ensure that the company has adequate controls to prevent unintentional and intentional errors in financial reporting, processes, production and business operations
• Formulate policies and procedures to improve internal controls, compliance and efficiency
• Lead the process for internal controls reviews across the company by referring to the relevant policies
• Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, and escalation to production partners, business partners, senior leadership, and the relevant stakeholders
• Deliver adequate and timely action plans and monitor progress to address and resolve control deficiencies
• Work collaboratively with production, business, and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action
• Actively seek standardization and automation, apply and implement best practices for managing internal controls, and deploy innovative technology where possible to enhance and continuously improve the design and operating effectiveness of the controls, documentation, assessment, and review procedures
• Actively engage with internal and external auditors to ensure consideration and resolution of all relevant risks and audit findings
• Develop and conduct adequate training and prepare related information material on the internal control objectives, approach, and methodology to business partners regularly to build knowledge and understanding of risks and control
• Actively seek continuous improvement and optimization
• Any other duties as assigned

Qualifications

• Degree in Accounting, Economics or Finance / Professional qualification (LCCI/ACCA) or its equivalent is a plus
• At least 3 - 6 years of experience in a similar position (the experience in Manufacturing is a plus)
• Excellent analytical and problem-solving skills – includes the ability to identify, assess, and address risk, materiality, and interdependencies and translate them into impact analysis for the financial reporting and recommendations for improvement
• Strong experience and interest in how technology and systems can support internal control effectiveness and efficiency
• Solid understanding and experience with internal control frameworks
• Strong communication skis – presenting (both oral and written) internal control and risk matters understandably across various forums and levels of the organization with the right level of detail
• Excellent organizational and interpersonal skills, and ability to work independently with minimum supervision
• Flexibility in resolving issues and addressing changing priorities
• A critical thinker with a keen interest in improving an organization’s internal control environment