Job Brief We are searching for a well-organised and reliable Finance Manager (Procurement) to oversee the internal controls and purchasing activities of our company.
The Finance Manager (Procurement) responsibilities include designing, implementing, monitoring, and improving the internal control frameworks, policies, and procedures to ensure compliance with regulations and best practices. The ideal candidate has in-depth knowledge of internal controls, audit and procurement processes.
Responsibilities
Design and implement internal control frameworks, policies, and procedures to ensure compliance with regulations and best practices.
Conduct regular internal audits, reviews, and assessments of control systems to identify potential risks or weaknesses.
Identify and analyse potential risks, assess the adequacy of controls, and recommend corrective actions.
Ensure compliance with internal policies, regulations, and industry standards.
Prepare reports detailing audit findings, recommendations, and progress on remediation efforts, and communicate findings to relevant stakeholders.
Provide guidance manuals and training to employees on internal control procedures and best practices.
Work with other departments and functions to ensure effective implementation and maintenance of internal controls.
Identify opportunities for process improvement and efficiency gains, and implement changes to enhance control effectiveness.
Work with human resources to update policy manuals and other documentation to ensure immediate compliance by all staff involved.
Engage actively with external accountants and auditors, to ensure an effective and purposeful audit.
Implement external auditors’ recommendations from their audit findings and report.
Deliver adequate and timely reports on the internal control framework and controls’ deficiencies to ensure appropriate communication, documentation and escalation to business partners, senior leadership, and audit committee.
Develop, execute and monitor effective procurement strategies, processes, negotiation tactics, inventory control system and quality control system.
Qualifications
o Proven experience in internal controls’ implementation.
o Bachelor's degree in Accounting, Finance or Business Administration OR Accounting qualification e.g. ACA, ACCA
o Minimum of 5 years’ working experience in internal controls’ supervisory role and Accounting / Finance.
o Experience within an international corporation is highly desirable.
o Strong organizational and problem-solving skills.
o Strong communication skills to present internal controls and risk matters in an understandable way across various forums and levels of the organisation, with the right level of detail.
o Effective and enthusiastic team member and confident to work with other teams and departments of organisation.