Internal Control Manager at VFD Group

VFD Group is an alternative financial services holding company that creates value by working within Nigeria’s informal financial sector to develop innovative products and solutions accessible to everyday Nigerians.

Job Title: Internal Control Manager

• Location: Lagos
• Employment Type: Full-time
• Directorate: Executive Office

About the Role

VFD Group is seeking an experienced Internal Control Manager to lead the design, implementation, monitoring and continuous improvement of the organisation’s internal control framework.

The successful candidate will provide independent assurance on the effectiveness of operational, financial and compliance controls across the organisation and its subsidiaries. The role will work closely with business and functional leaders to identify and mitigate risks, strengthen governance, improve operational efficiency, enhance regulatory compliance and promote a strong culture of accountability and control awareness.

Key Responsibilities

Internal Control Framework

• Develop, implement and maintain the organisation’s internal control framework across business units and subsidiaries.
• Ensure internal control processes are aligned with business objectives, regulatory requirements and governance standards.
• Periodically review and enhance control frameworks to address emerging risks and changing business requirements.

Control Reviews & Compliance Monitoring

• Lead periodic reviews of financial, operational and compliance controls.
• Evaluate the effectiveness of key controls and recommend corrective actions where deficiencies are identified.
• Monitor compliance with organisational policies, regulatory requirements, delegated authority limits and standard operating procedures.

Risk Assessment & Advisory

• Conduct enterprise-wide risk and control assessments.
• Advise management on control weaknesses and recommend practical risk mitigation measures.
• Partner with business leaders to embed effective controls within operational processes.

Process Improvement & Governance

• Identify opportunities to improve operational efficiency through stronger controls and process improvements.
• Review new products, initiatives and business processes to ensure appropriate controls are incorporated.
• Promote sound governance practices across the organisation.

Reporting & Management Information

• Prepare and present periodic internal control reports to Executive Management and relevant Board Committees.
• Develop dashboards and management information highlighting control performance, compliance trends and key risk indicators.
• Promptly escalate significant control deficiencies and emerging risks.

Audit Coordination & Issue Resolution

• Coordinate management responses to Internal Audit, External Audit and regulatory review findings.
• Monitor the timely implementation of agreed audit recommendations.
• Ensure recurring control issues are addressed effectively and appropriate preventive measures are implemented.

Team Leadership & Capability Development

• Supervise, coach and develop Internal Control Associates and Analysts.
• Build internal control awareness through training and stakeholder engagement.
• Promote a culture of accountability, ethical conduct and continuous improvement.

Key Performance Indicators

Success in this role will be measured through:

• Completion of the approved annual internal control plan.
• Compliance with organisational policies and applicable regulatory requirements.
• Timely resolution of identified control deficiencies.
• Reduction in recurring control findings and high-risk exposures.
• Timely implementation of agreed audit and regulatory recommendations.
• Timeliness and quality of internal control reports and management dashboards.
• Implementation of control enhancements and process improvement initiatives.
• Effectiveness of stakeholder engagement and internal control advisory support.

Requirements

Minimum Qualification

• Bachelor’s Degree in Accounting, Finance, Economics, Business Administration or a related discipline.

Professional Qualifications

• Professional certification such as ACA, ACCA, CIA, CRMA, CISA or an equivalent qualification is required.
• A Master’s Degree is an added advantage.

Experience

• 5–8 years of progressive experience in Internal Control, Internal Audit, Risk Management, Compliance or External Audit.
• At least 2 years of experience in a supervisory or managerial capacity.
• Experience within financial services, banking, investment management or a diversified group structure is highly desirable.

Skills & Competencies

• Strong knowledge of internal control frameworks, particularly COSO, enterprise risk management and corporate governance.
• Good understanding of regulatory requirements within the financial services industry.
• Strong analytical, investigative and problem-solving skills.
• Excellent report writing, communication and presentation skills.
• Proficiency in Microsoft Excel, Power BI and relevant ERP systems.
• Strong stakeholder management and influencing skills.
• Demonstrated leadership and people management capability.
• High level of integrity, professionalism, sound judgment and attention to detail.

What We Are Looking For

VFD Group is looking for a proactive and commercially aware control professional who can go beyond identifying control gaps to help the business develop practical and sustainable solutions.

The successful candidate should be able to operate effectively with senior management, challenge constructively and balance strong control discipline with the organisation’s business objectives.

How to Apply

Interested and qualified candidates should apply online using the link below:

Click here to apply online

Application Closing Date

Not Specified.