Sunday, October 8, 2017

Head of Operations, Head of Internal Control & Audit wanted in Royal Child Heritage

Royal Child Heritage is a micro finance bank with a vision to become the leading financial institution that alleviates the sufferings of widows, orphans and the less privileged globally.
Our goal is to make available affordable micro capital for both start ups and growth of businesses for enterprising orphans, widows and the economically disadvantaged.

Head of Internal Control & Audit
Location : Abuja

Details:

The Head of Internal Control is responsible for audit reviews of administrative, commercial, technical and management processes and systems to ensure alignment of activities with company goals, due management of risks and effective use of company resources.

Job Descriptions
Review the operations of the Bank on a daily basis and ensure compliance with policies of the Board as well as regulatory requirements.
Advice management and the Board on the soundness, effectiveness, and proper application of accounting and financial controls
Review and appraise compliance procedures and controls and timeliness of documentation generation
Serve as the Bank’s liaison for all external audit and regulatory agencies.

Job Requirements
Minimum of 5 Years experience in a risk, compliance and audit function preferably in a microfinance institution
Post graduate/relevant professional qualification (CPA, ACA, ACCA) will be an added advantage
Must have MCP (Microfinance Certification Programme).




Head of Operations
Location : Abuja

Details:
To effectively manage the Central Cash department and ensure controls of the Bank’s local and foreign cash and draft instruments are consistently adhered to
Manage and maintain cash limits both at Central Cash and Branches and ensure prompt expatriation of excesses
Hold in joint custody keys to vault cash compartments
Ensure accurate and timely processing and reconciliation of General Ledger accounts
Engage with Partner Banks in cash swaps
Evaluates daily cash levels and ensures they meet short-term operating needs and long-term project financing requirements
Transfer funds for customers as per customers instructions in a safe and secure manner by observing due diligence at all times.
Plan and coordinate delivery and collection of cash to and from the Central Bank
Ensure that foreign cash held is within the set limit
Verify that vault/reserve cash movement differences are resolved daily
Supply cash both local and foreign with minimum delay to Branches as per SLA
To ensure that customer’ funds transfer instructions are efficiently and promptly executed without delays with a positive impact on customer delight.
Be very articulate and pay attention to detail while bearing in mind the turnaround time (TAT) for all transfers and processing of customer instructions
Responsible for all clearing related activities and funds transfer processing:
Ensure customers’ transactions (MCs, Cash Fast) are processed within approved service TAT.
Ensure maintenance and effective utilization of physical assets and resources (adding machines, workstations, Stamps till boxes etc)
Minimum of 5years experience preferably in a microfinance bank

Method of Application
Applicants should send CVs to Royalchildheritage@gmail.com

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