Internal Control Associate at mPharma Nigeria

At mPharma, we start and end our day thinking about how we can enable patients to afford their medications. We’re a small but growing team of 350+ members, headquartered in Accra, Ghana, backed by mission-driven investors. We’ve joined hands with third-party payers, drug manufacturers and healthcare providers to develop products and services that directly reduce the costs of prescription drugs for patients. In only a few years, we’ve managed to provide low-cost, high-quality medicines to hundreds of thousands of patients across six African countries (Ghana, Nigeria, Zambia,  Kenya, Rwanda & Malawi).

We are recruiting to fill the position below:

Job Title: Internal Control Associate

Location: Lagos
Employment Type: Full-time
Department: Country Finance

Position Description

• The Associate – Internal control will adopt systematic and disciplined audit approaches to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes.
• The Associate  Internal control  will have the opportunity to build sound expertise in the organisation.
• The Associate Internal control  is expected to gradually take up more responsibilities as defined below under “Key Responsibilities”.
• It involves assisting in training and supervising the work of internal audit graduate interns and junior staff. He/she performs as a business consultant and assurance provider to the organization.
• The Associate – Internal control is responsible for reviewing and evaluating mPharma’s operations; assessing the effectiveness and adequacy of all internal controls of management.
• The role of the Associate – Internal control entails reporting results of a review to management by preparing relevant reports and documentations.
• He/she shall provide assistance to the internal and external auditors of the company in ensuring that the annual financial statement audit review is performed at a low cost, thereby making some savings to the company
• The Associate – Internal control is responsible for reviewing and evaluating an organization’s operations; assessing the effectiveness and adequacy of all internal controls of management.
• His/her job description entails reporting to and assisting the Internal Control Team with reviews and ad hoc tasks as may be required.
• He/she is also responsible for communicating and reaching agreements on findings with the audited subject, as well as initiating remedial action to resolve the finding.
• He/she is also expected to carry out ad hoc assignments based on management requests and/or project assurance, etc. and update audit programs for implementation.
• It is also part of the Associate – Internal control’s duties to provide ad hoc assistance to internal audit managers and specialists.

Key Responsibilities
The key responsibilities of the Associate Internal control will include:

• Perform periodic review  and documentation of Standard Operating Procedure and policy manuals for operational control, credit control and transactions reconciliation from time to time with a view to ensure they are all aligned with the changing business needs and models.
• Assist in the preparation of monthly and quarterly exception reports to be sent to the Country Lead.
• Reports risk management issues and internal controls deficiencies identified directly to the Internal Control Lead.
• Evaluate compliance with existing mPharma policies and procedures, identifying and proposing modifications as needed.
• Continuously identify areas of strengths and weaknesses and engage in continuous education and staff development of best practices
• Ensure compliance of all transaction executions and operational activities with approved controls.
• Escalate and report non-compliance with controls.
• Ensure all inventory  and company balances across Nigeria’s operations are reconciled on a monthly basis for review.
• Ensure credit management processes comply with approved credit policies in order to ensure zero delinquent credits.
• Provide functional guidance and direction to the IC Junior Associates.
• Working in teams of qualified and highly motivated professionals
• Interacting on a frequent basis with customers
• Delivering excellent client service
• Working collaboratively with key stakeholders to deliver other services
• Maintain highest standards of business ethics

Our Ideal Candidate

• A Chartered Accountant (ACA/ ACCA/ CFA /CISA/CIA). Also, someone who holds a Bachelor’s Degree in  Accounting, Math, Finance, Engineering or any other related field. A Master’s degree or a professional qualification is a plus.
• Minimum of 4 years work experience in Internal Audit professional standards, preferably with previous experience in an audit firm, or an Internal audit / Internal Control division of a Company/Organisation
• Someone who is able to manage multiple engagements and competing priorities in a rapidly growing, fast-paced, interactive, results-based team environment.
• Someone who is able to work in a team and to meet tight deadlines.
• Someone who is able to communicate in English and is an experienced user of MS Office suite and familiarity with Google Suite (Docs, Sheets, Slides) and Accounting packages (SAP).

To be successful as an Assistant / Associate Internal Auditor in mPharma you need the following:

• Effective communication and rapport building skills
• Excellent report writing skills in English language
• Excellent analysis and data reporting skills
• Advanced computer skills in MS Office and familiarity with Google Suite (Docs, Sheets, Slides) and Accounting packages (SAP)
• The ability to work effectively on his/her own and as part of a team
• Ability to deliver high quality services and solutions
• An extremely high work ethic
• Motivation for career progression and development.

Application Closing Date
Not Specified.