Internal Control Officer

Summary
Kuda is a money app for Africans on a mission to make financial services accessible, affordable, and rewarding for every African on the planet. We’re a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it’s only right that we ended up with the name ‘Kuda’ which means ‘love’ in Shona, a language spoken in the southern part of Africa.

We’re giving Africans around the world a better alternative to traditional finance by delivering money transfers, smart budgeting, and instant access to credit through digital devices.
We’ve raised over $90 million from some of the world's most respected institutional investors, and we’re rolling out our game-changing services globally from our offices in Nigeria, South Africa, and the UK.

Role Overview
The successful candidate will work in partnership with all stakeholders. The role will be reporting directly to the Team Lead of Internal Control.

Responsibilities

• Assist in conducting internal control reviews across the bank by designing and implementing control testing programs to assess their effectiveness, collaborating with both finance and non-finance teams.
• Daily Independent Call Over of all qualifying Transactions within 24 hours of posting.
• Ensuring integrity of the general ledger through daily trial balance review and GL proofing.
• Daily review of the reconciliation and settlement processes for NIP inward/outward, card & web transactions, Inter-bank transactions, agency banking, and biller transactions.
• Ensure prompt resolution of all open issues in the Internal Audit Report, Management letter, Regulatory Examiners Report and other Statutory Examiners Report involving departments under your purview.
• Daily and monthly reviews to ensure compliance with relevant laws, regulations, and industry standards.
• Review of retail and business loan disbursement and other credit operations to ensure compliance with regulatory requirements and internal credit policies.
• Conduct thorough investigations and spot checks in identified areas of weakness, providing recommendations for appropriate control measures to address deficiencies.
• Perform income assurance to ascertain accurate revenue reporting
• Other duties may be assigned.