Financial Control Specialist

Key Opportunities & Contributions; Financial Strategy & Planning: Shaping longterm financial goals, identifying investment opportunities (e.g., grid upgrades), and supporting major capital expenditure decisions. Risk Management & Asset Protection: Implementing internal controls to safeguard significant assets, managing cash flow, and ensuring robust systems against fraud and mismanagement. Regulatory Compliance & Reporting: Acting as a key liaison with energy regulators and tax authorities, ensuring adherence to strict industry standards, and managing complex financial reporting for external bodies. Performance Analysis & Cost Control: Deep diving into operational costs, analyzing profitability of different service areas, and finding efficiencies in large-scale operations. Audit & Assurance: Managing internal and external audits, implementing audit recommendations, and ensuring financial data integrity. Strategic Decision Support: Providing insights to senior management on financial performance, market realities, and potential financial impacts of strategic initiatives. The Financial Control Specialist will strengthen the organization’s financial integrity by evaluating, monitoring, and improving internal control systems within the finance function. The role ensures that financial operations comply with established policies, regulatory standards, and investor requirements, while also driving efficiency and mitigating risks across key finance processes. Your Role Accountabilities are: Evaluate the adequacy and effectiveness of internal controls around finance processes such as general accounting, treasury, fixed assets, payroll, revenue, and procurement. Review journal entries, payment vouchers, reconciliations, and other financial documents to confirm compliance with policies and approval limits. Verify that financial transactions are accurately recorded, supported by valid documentation, and in line with IFRS and company accounting policies. Conduct periodic reviews of bank reconciliations, cash advances, and expense retirements to ensure timely resolution of discrepancies. Identify financial control weaknesses and propose pragmatic recommendations to address them. Support the development, update, and communication of Standard Operating Procedures (SOPs) for finance-related activities. Monitor compliance with regulatory requirements from NERC, FIRS, and other relevant authorities. Prepare periodic internal control reports on finance activities, highlighting exceptions, risks, and recommendations. Track status of control remediation and report progress to management. Review all activities on treasury operations- bank reconciliations, FX reconciliations, investment activities, cash flow forecasts, and fund utilization reports. Skills & Competencies The role affords you to develop technical and behavioral competencies, that is, skills, knowledge, and behaviors required to successfully perform in the role and contribute to the organization's goals.