Internal Control Officer at Ciheb

Internal Control Officer at Ciheb

Internal Control Officer 

Ciheb Tanzania

Dar es Salaam

REPORTS TO: Chief Executive Officer

LOCATION: Dar es Salaam

Job summary

An Internal Control Officer is responsible for evaluating, monitoring, and improving the effectiveness of internal controls and risk management processes within an organization to safeguard assets, ensure compliance, and mitigate risks.

Internal Control Officer will assess the design and implementation of internal controls, conduct audits and reviews, and provide recommendations to management for enhancing control environments and minimizing risks. involves in collaborating with stakeholders, identifying control deficiencies, and promoting a culture of accountability and integrity.

Duties and Responsibilities

• Develop and implement internal control frameworks, policies, and procedures to ensure compliance with regulatory requirements and industry standards.
• Conduct risk assessments and internal control reviews to identify areas of potential risk, fraud, or non-compliance.
• Evaluate the design and effectiveness of internal controls, including segregation of duties, access controls, and authorization processes.
• Perform internal audits, reviews, and testing procedures to assess the reliability and accuracy of financial and operational information.
• Document audit findings, observations, and recommendations in audit reports, and communicate results to management and stakeholders.
• Collaborate with departmental managers and process owners to address control deficiencies and implement corrective actions.
• Monitor and track remediation efforts and action plans to address audit findings and control weaknesses.
• Provide training and guidance to employees on internal control principles, policies, and procedures.
• Conduct investigations into suspected fraud, misconduct, or irregularities, and recommend appropriate actions and preventive measures.
• Stay abreast of changes in regulations, laws, and industry standards related to internal controls and risk management.
• Participate in cross-functional teams and committees to support organizational initiatives and projects.
• Liaise with external auditors, regulators, and other stakeholders during audits and inspections.
• Analyze data and trends to identify emerging risks and areas for improvement in internal control processes.
• Monitor compliance with internal policies, procedures, and ethical standards, investigating and addressing violations as necessary.
• Contribute to the development and implementation of risk management strategies and initiatives to enhance organizational resilience and sustainability.

Qualifications

Education

• Bachelor’s degree in accounting, finance, business administration, or related field; CPA, CIA, or CISA certification preferred.

Experience, Knowledge, and Skills

• At least 5 years of experience. Proven experience in internal auditing, internal controls, or risk management roles.
• Knowledge of auditing standards, regulatory requirements, and industry best practices.
• Analytical and critical thinking skills to assess risks and evaluate control effectiveness.
• Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Attention to detail and accuracy in auditing and documentation.
• Proficiency in audit tools and software, as well as Microsoft Office suite.
• Integrity, professionalism, and ethical behavior in handling sensitive information and investigations.
• Ability to work independently and collaboratively in a team environment.

Internal Control Officer at Ciheb

Instructions for Submitting Applications:

All applications should be submitted electronically to: [email protected]

All applications should include a cover letter that details one’s suitability for the job highlighting key functional areas, expected qualifications, and experiences.
Candidates should clearly highlight the position that one is applying for in the subject line of the email.
Candidates should attach a CV/Resume that highlights one’s key achievements in areas relevant to the job.
Job-related qualifications and experience are the basic minimum requirements that each applicant must meet to be considered for interviewing.
Applications should include 3 references that are familiar with applicant’s work experience. References should include contact information including daytime phone, and e-mail address.

All applicants should include daytime phone and email contact information.

The deadline for application is 10th January 2025 at 5:00PM EAT. Applications received after the deadline will not be considered.

CIHEB Tanzania is an equal opportunity employer and encourages all qualified persons to apply regardless of gender, religion, ethnicity, or any other status variable.