Head of Internal Control

wowJobs

Role Purpose

The Head of Internal Control is responsible for establishing, monitoring, and enhancing the

internal control environment across all subsidiaries of the company. This role

ensures the integrity of financial reporting, compliance with regulatory requirements,

effective risk management, and operational efficiency. The role will work closely with

finance, operations, IT, HR, procurement, and external auditors.

Key Responsibilities

A. Internal Control Framework 

Design and implement a robust internal control framework aligned with COSO/ICFR

standards. 

Develop and maintain group-wide internal control policies, procedures, and manuals. 

Conduct periodic risk assessments to identify control weaknesses and gaps.

B. Process & Transaction Monitoring 

Review critical business processes (e.g. procurement, inventory, sales, payments) for

proper controls. 

Test operational compliance and detect control failures or override risks. 

Implement preventive and detective control mechanisms.

C. Audit & Investigation 

Conduct internal audits, special investigations, and forensic reviews as required. 

Track and follow up on audit recommendations and corrective actions. 

Coordinate with external auditors on control-related matters.

D. Governance & Compliance 

Ensure compliance with local tax, regulatory, and statutory obligations. 

Monitor segregation of duties, access rights, and approval workflows. 

Provide training to departments on control awareness and fraud prevention.

E. Reporting & Stakeholder Management 

Report control lapses and findings to the CFO and Audit Committee. 

Work with departmental heads to remediate and strengthen control processes. 

Maintain a log of key control exceptions and fraud incidents.

Qualifications & Experience 

Bachelor & Degree in Accounting, Finance, or related field. 

ACA/ACCA/CIA or equivalent professional qualification is mandatory. 

Minimum of 8 years’ experience, including 3+ years in internal control or internal audit. 

Strong knowledge of Nigerian financial regulations and manufacturing environments. 

Experience with ERP systems (e.g., SAP, Oracle, Navision) is an advantage.

Key Skills & Competencies 

Strong analytical and investigative skills 

High integrity and ethical standards 

Excellent communication and report-writing skills 

Strong knowledge of risk management frameworks 

Proficient in Microsoft Excel and audit tools 

Ability to influence and collaborate with cross-functional teams

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