The Internal Control Officer is responsible for evaluating, monitoring, and strengthening internal controls to ensure compliance with organizational policies, regulatory frameworks, and donor guidelines. This role supports risk management strategies, mitigates fraud risks, and enhances operational efficiency across TEF’s programs and financial activities.
Responsibilitie(s):
- Conduct control self-assessments (CSAs) across departments to evaluate control effectiveness.
- Identify weaknesses in existing processes and recommend corrective action plans.
- Ensure that TEF’s grant disbursements, procurement, and project funding comply with donor regulations.
- Monitor adherence to regulatory frameworks (e.g., IFRS, AML, SOX, and procurement guidelines).
- Monitor and maintain the whistleblower program, ensuring confidentiality and timely investigations
- Perform process walkthroughs, control gap analysis, and operational effectiveness reviews.
- Develop periodic reports for executive management and regulatory bodies.
Qualification/Experience Requirement(s):
- Bachelor’s degree in Accounting, Finance, Economics, or Business Administration.
- Professional certifications such as ACA, ACCA, CIA, or CISA is Mandatory
- Minimum of 4 years of experience in internal control, risk management, or regulatory compliance.
- Strong knowledge of COSO, IFRS, ISO 31000 risk management, and compliance standards.
- Ability to conduct process mapping, risk assessments, and control design reviews.
- Experience in donor-funded projects, foundations, or multinational NGOs is an added advantage but not compulsory