About the role
The Finance Control Intern supports the assessment of financial reporting implementation within the Bank by conducting callover and vouching of transaction tickets to systems postings. This role is responsible for testing to confirm that transactions are appropriately supported, and financial controls are adequate to mitigate risk, promote completeness and accuracy of balances presented in the statement of accounts.
The position requires appreciable understanding of internal control and basic checks process with a specific focus on testing and reporting on controls effectiveness.
Key Responsibilities
Conduct callover and vouching of transaction tickets against financial records to validate accuracy and completeness and ensure that transactions are appropriately supported with required documentation
Conduct internal control vouching and testing of the income lines in the financial statement to confirm accuracy and completeness as a second line of defence (2LoD) check on revenue assurance.
Conduct internal control vouching and testing of the various expense lines in the financial statement to validate conformity with budget, approvals and completeness of processing flow as a 2LoD check.
Conduct internal control vouching on assigned asset classes in the financial statement to validate accuracy and completeness
Conduct internal control vouching of assigned liability heads in the financial statement to validate accuracy and completeness
Conduct daily control of pre-approved journal entries, adjustment entries, intercompany entries and GL monitoring to validate accuracy and completeness
Vouch and validates assigned month-end reports submitted by the finance operations
Vouch assigned cash management and bank reconciliation process to validate that adequate or sufficient controls are in place to maintain the integrity and security of cashflow
Carry out any other task, as might be assigned or becomes necessary to improve the treasury and finance operation posture and the internal control maturity in the Bank.
Requirements
Skills, Competencies, Technical and Non technical
What you need to succeed
Internal Control Frameworks: Foundational or basic understanding risk management process.
Financial Reporting: Basic or appreciable knowledge of financial reporting principles, including the ability to confirm accuracy and completeness of income and expense lines, and assess asset and liability classes in financial statements.
Data Validation & Analysis: Vouching ability to validate data accuracy, completeness.
Stakeholder Management: Ability to build relationships with stakeholders and communicate across different departments.
Continuous Improvement Mindset: A commitment to continuous learning and improvement.
Experience and Education
Educational Background: A Bachelor's degree in Accounting, Business Management, Finance or a related field.
Certifications: Student membership of ICAN, ACCA, CISA or others related certification
Experience: 0 to 1 years experience with basic understanding of the accounting process. Past internship experience in a big four, banking or financial services would be an advantage.