Mutual Benefits Assurance Plc

Internal Control Officer

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Mutual Benefits Assurance Plc is recruiting for Full time Internal Control Officer

Job Description

Mutual Benefits Microfinance Bank Limited is a leading Microfinance bank with its corporate head office at 10 Apapa Road, Oyingbo, Ebute-metta.

From inception the bank has tirelessly set the pace for other Microfinance financial institutions to follow; in terms of service quality, product functionality and exceptional customer service. The bank is strategically positioned to offer financial services support to small and micro-enterprises in Nigeria. Since commencement of its operation, the bank has grown from its humble beginning to a mid size microfinance bank making it among the best microfinance bank in Nigeria however the aim of the bank is to be among the best in Africa.

We are recruiting highly experienced professional to fill the position below:

Job Title: Internal Control Officer

Location: Lagos, Nigeria

Job Type: Full-time

Job Description

  • Daily cash count of all till transaction.
  • Daily call over of all till transaction.
  • Checking and Examination of marketers register on a daily basis to ensure tellers are used serially.
  • Conduct spot checks, stock taking and other functions as may be assigned from time to time.
  • Ensure that branch staff complies with internal code of conducts, policy and regulations on transactions initiated by the bank.
  • Conduct special investigation as may be directed by the risk and compliance manager.
  • Review of account opening and documentation on client files on a periodic basis.
  • Review of general ledger
  • Institute and enforce aggressive cost reduction strategies to ensure zero % income wastage.
  • Reconciliation of account when there are discrepancies between passbook and system balances.
  • Calculation of interest on kolo account upon maturity.
  • Serial arrangement of deposit booklet before it can be issued out to marketers.
  • Visitation and Verification of loan customers and guarantors and writing of detailed report.
  • Review of Bank reconciliation.
Job Requirements
Minimum years of experience

1

Qualifications
B.Sc /HND
Other Requirements

Qualifications

  • A good Bachelor's Degree/HND in Accountancy, plus relevant professional qualification such as ICAN, CIBN, etc. will be added advantage.
  • 1 - 2 years relevant experience in a reputable firm preferably in a microfinance bank and in same job role.
  • Experience in internal control is essential.

Skills & Knowledge:

  • Proficiency in Microsoft Excel and other Microsoft office programmes
  • Knowledge of relevant accounting packages
  • Knowledge of best practices in internal control and audit
  • Knowledge of existing regulatory framework
  • Excellent reporting skills
  • Firmness
  • Good oral and written communication skills
  • Integrity
  • Flair for details.
  • Analytical thinking
  • Account reconciliation skills
  • A good numerical skill

This job is no longer accepting applications.

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About Mutual Benefits Assurance Plc
Mutual Benefits Assurance Plc. provides insurance products and services. The Company offers motor, marine, travel, fire, aviation, group life, and mutual term insurance, as well as investment linked schemes, endowment plans, and protection policies.Mutual Benefits Assurance Plc has evolved into a conglomerate consisting of value-adding companies with diverse interests in various sectors of the Nigerian economy through investments, strategic alliances and partnerships. Today, MUTUAL BENEFITS is a...
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Job Summary
Published
July 13, 2020
Offer Type
Full time
Experience
Minimum of 1years
Location
Lagos
Deadline
July 27, 2020
Specialization
Finance / Accounting
Industries
Banking / Financial Services
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