Bayt.com Jobs: Internal Control Manager - FINCA Jordan

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Internal Control Manager - FINCA Jordan
Aug 13th 2013, 07:04

Internal Control Manager (ICM) assists Management to create and maintain an Internal Control environment that supports the Company in pursuing its mission with a minimum of risk and a maximum of efficiency. ICM assists Management to improve the overall performance and activities of the Company, and in making decisions on the issues of risk identification and analysis, mitigation and prevention. Working with the framework of the Company's regulatory documentation and in coordination with corporate functional heads, ICM will manage and monitor control activities and recommend corrective actions. Aligned with the companies' strategic and operational goals and any requirements by external governance bodies ICM develops a semi-/annual work plan in coordination with Management and RICM.

Controlling function
1) Conducting analysis of operations of the Company to identify risks and make recommendations for preventive actions
2) Timely investigation, analysis and reporting of compliance issues which can negatively affect the Company operation and image.
3)If fraud or negligence occurs, detect violations at an early stage; conduct analysis of the reasons and circumstance that lead to the fraud/negligence, provide the Management with recommendations on the changes needed to protect Company from such incidents.
4) Manage evaluation of the possible risks for the proposed new products, procedures and functions, set up and manage internal controls tools and instruments during implementation.
5) Create and regularly revise Internal Control functional procedures to ensure efficiency and sufficient risk-management approach.

Compliance Function

1) Develop and implement annual Compliance function work plan.
2) Manage control activities and reporting of IC Dept. based on the approved Work Plan and requests from Management.
3)Support Management in ensuring compliance of Internal Control functional activities with the Charter/bylaws of the Company, policies, procedures, plans and agreements, decisions of Company's governingbodies as well as headquarter and regional office supervisors.

Methodology function
1) Manage regular evaluation process of all Company's regulatory documentation to ensure completeness, accuracy and efficiency.
2)Establish a system for the effective communication/training of regulatory documentation to the appropriate personnel at all levels, incl. verification of understanding.

Staff Management and Development function
1) Supervise and monitor professional performance and evaluation of Internal Controls staff, incl. training requirements
2)Assist HR/Training manager in internal control comprehension training, fraud awareness training and other IC related trainings

Job Details

Date Posted: 2013-08-13
Job Location: Amman, Jordan
Job Role: Management
Company Industry: Financial Services

Preferred Candidate

Career Level: Management

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