Manager - Internal Control

Manager - Internal Control, SAP Process, IFC, Payment Control Process, Accounting Compliance

Department

Unit

Location

Business

1) Job Purpose

The Internal Control, SAP Process, IFC, Payment Control Process, member is responsible for overseeing and ensuring the effectiveness of internal control systems, SAP processes, payment control procedures. This role is critical in safeguarding company assets, preventing fraud and ensure internal controls are working effectively. The role requires understanding of internal controls, SAP systems, internal financial controls (IFC), payment control processes.

2) Job Context & Major Challenges

Given the current exponential growth plans of the business, it is critical for the organization to put in place all the control systems to mitigate risks and liabilities for the organization. The reputation of the function is directly linked to the effectiveness of internal processes and efficiencies.

1. Managing complete Internal Finance Control of the F & A function and Business
2. Formulating IFC document of F & A function and Business
3. Ensuring complete compliance of IFC of F & A and Business
4. Managing complete internal control and DOA matrix in SAP
5. Assist in preparing report to board / audit committee on IFC compliance

3) Principal Accountabilities

Develop and maintain an effective internal control framework

• Establish and maintain a robust system of internal controls to safeguard company assets and ensure accuracy of financial records.
• Continuously assess the effectiveness of existing controls and identify areas for improvement.
• Design and implement control procedures to mitigate risks and prevent fraud.
• Stay updated on industry best practices and evolving regulations related to internal controls.

Oversee SAP process implementation and optimization

• Collaborate with IT and finance teams to ensure the successful implementation and integration of SAP systems.
• Identify areas for process improvement and work with cross-functional teams to optimize SAP processes.