Financial Control and Compliance Officer Job at Interswitch

Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. We started operations in 2002 as a transaction switching and electronic payments processing, and have progressively evolved into an integrated payment services company, building and managing payment infrastructure as well as delivering innovative payment products and transactional services throughout the African continent. At Interswitch, we offer unique career opportunities for individuals capable of playing key roles and adding value in an innovative and fun environment.

We are recruiting to fill the position below:

Job Position: Financial Control and Compliance Officer

Job Location: Lagos

About the job

• The Financial Control and Compliance Officer will be responsible for regulatory compliance reporting, ESG reporting, reviewing internal controls over financial reporting, driving process improvement initiatives, and contributing to the overall financial health of the company.

Responsibilities
Regulatory Compliance Reporting:

• Prepare and submit timely and accurate regulatory reports in compliance with relevant financial and industry regulations.
• Stay updated on changes in regulatory requirements and ensure the company's reporting processes are aligned with these changes.

ESG Reporting:

• Collaborate with cross-functional teams to gather relevant environmental, social, and governance (ESG) data and prepare ESG reports for internal and external stakeholders.
• Ensure accuracy and completeness of ESG disclosures, highlighting the company's commitment to sustainability.

Internal Controls Review:

• Assess and review the effectiveness of internal controls over financial reporting.
• Identify control weaknesses and recommend improvements to mitigate risks and strengthen control environment.

Process Improvement:

• Analyze current financial processes and identify opportunities for efficiency improvements and automation.
• Collaborate with teams to implement process enhancements that streamline financial operations and enhance data accuracy.

Financial Reporting:

• Assist in the preparation of financial statements and related footnotes in accordance with GAAP/IFRS standards.
• Support the external audit process by providing necessary documentation and addressing auditor inquiries.

Data Analysis:

• Perform detailed financial analysis, reconciliations, and variance analysis to ensure accurate and meaningful financial information.

Cross-functional Collaboration:

• Partner with various teams, including Finance, Legal, Compliance, and Operations, to ensure alignment on financial reporting and compliance matters.

Ad hoc Projects:

• Contribute to special projects as assigned, which may involve financial modeling, forecasting, and ad hoc reporting.

Skills
Risk Management:

• Applies expertise to act as the organisational authority on identifying, assessing, prioritising and managing risks.

Planning and Organising:

• Uses expertise to act as organisational authority on planning, organising, prioritising and overseeing activities to efficiently meet business objectives.

Review and Reporting:

• Uses expertise to acts as the organisational authority on reviewing and creating relevant, lucid and effective reports.

Adaptive Mindset;

• Operates as a recognised expert to shift into and out of a mental mindset associated with assessing the facts and circumstances of the current situation and environment and making the appropriate/innovative adjustments to thinking and work habits to thrive in any scenario.
• Typically known as a subject matter authority.

Education

• First degree in Finance or related field from an accredited university.
• Evidence of strong industry/sector participation and relevant professional certifications such as: Institute of Chartered Accountants of Nigeria(ICAN)/Association of Certified and Chartered Accountants (ACCA)

Experience:

• 5+ years of relevant experience in accounting and financial reporting, preferably within a listed company or Financial Services industry.
• Experience should include Big 4 experience (desirable), detailed technical knowledge of financial reporting standards (GAAP/IFRS), Knowledge/experience of ESG reporting and sustainability initiatives is a plus.
• Proficient in financial systems and software (e.g., ERP, Excel, accounting software), and demonstrated ability to drive process improvements and embrace innovation.