Internal Control Manager
Job Summary
The Internal Control Manager is responsible for overseeing and enhancing the internal control processes within the building management company. This role involves ensuring that the company's operations, financial reporting, and compliance with legal and regulatory standards are adequately controlled. The manager will work closely with different departments to identify potential risks, ensure proper controls are in place, and provide recommendations for improvements to safeguard company assets and ensure operational efficiency.
Job Description (Responsibilities)
Develop, implement, and maintain internal control procedures to ensure compliance with financial reporting standards, operational objectives, and regulations.
Ensure that the internal controls framework is effective, aligned with industry best practices, and tailored to the company’s operations.
Conduct regular risk assessments across the company's operations, identifying areas of financial, operational, and compliance risks.
Recommend strategies to mitigate identified risks, including process improvements and preventive measures.
Coordinate internal audits to assess the effectiveness of internal controls, identify control weaknesses, and recommend corrective actions.
Ensure that financial reports and company procedures are prepared in accordance with regulatory and company standards.
Ensure compliance with industry-specific regulations, building codes, health and safety Develop and maintain a monitoring system to assess the performance of internal controls.
Prepare regular reports for senior management detailing audit findings, risk exposure, and the effectiveness of internal controls.
Present findings and recommendations to management, ensuring that corrective actions are tracked and implemented.
Provide training to staff on internal control policies and procedures to ensure awareness and compliance.
Offer guidance and support to different departments to address control issues and improve processes.
Work closely with management teams in cross departments to ensure alignment between internal controls and operational goals.
Collaborate with external auditors and regulators during audits or inspections.
Propose enhancements to internal controls based on evolving risks and operational needs.
Job Specification (Requirements)
Bachelor’s degree in business administration, Finance, Accounting, or a related field.
Minimum of 3-5 years of experience in internal controls, auditing, or risk management.
Strong knowledge of internal control frameworks, risk management, and auditing practices.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills to interact with all levels of staff and management.
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
Ability to develop policies, procedures, and controls in a complex operational environment.
Attention to detail with a proactive approach to identifying and addressing issues.
Discipline
Agility
Integrity
Team Spirit