Controls & Compliance Officer

Qualifications :

• Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  
• Professional Certification in Accounting (e.g., CPA, ACCA, or CIMA),Certification in Internal Audit (e.g., CIA) or Compliance (e.g., CCEP) is a strong advantage.
  

Experience:

• Experience in internal controls, compliance, risk management, or audit, preferably within a regulated industry.
  
• Proven experience in designing and implementing internal control frameworks.
  
• Strong understanding of regulatory environments and compliance requirements.
  

• Internal Controls Management
  
• Design, implement, and monitor internal control systems across various departments and processes.
  
• Conduct regular reviews and assessments of existing controls to identify weaknesses and recommend improvements.
  
• Develop and update internal control policies and procedures.
  
• Provide guidance and training to staff on internal control best practices.
  
• Regulatory Compliance
  
• Stay updated on relevant laws, regulations, and industry standards affecting the organization.
  
• Interpret and communicate regulatory requirements to relevant stakeholders.
  
• Develop and implement comprehensive compliance policies and procedures.
  
• Conduct compliance risk assessments and develop mitigation strategies.
  
• Ensure timely submission of all required regulatory reports.
  
• Risk Management
  
• Assist in identifying, assessing, and mitigating operational and compliance risks. This includes focusing on high-risk areas identified through fraud cases (e.g., inventory, fuel usage).
  
• Develop and maintain a comprehensive risk register, tracking risk exposure and mitigation efforts.
  
• Collaborate with various departments to embed risk management practices into daily operations.
  
• Audits and Investigations
  
• Liaise with internal and external auditors during control and compliance audits, specifically coordinating with Internal Audit on control effectiveness.
  
• Coordinate management's responses to audit findings and ensure timely implementation of corrective actions.
  
• Conduct internal investigations into alleged compliance breaches or control failures (e.g., fraud and theft cases).
  
• Perform physical spot checks and stock counts as recommended for the Kenya-based role.
  
• Reporting
  
• Prepare regular reports on the effectiveness of internal controls and compliance programs for senior management and the board.
  
• Track and report on key risk indicators and compliance metrics, specifically quantifying the financial impact of improved controls.