Head Of Internal Audit & Control At Teamace Limited

Internal Control Associate At Ashluxury

Role Overview The Internal Control Associate will play a critical role in strengthening Ashcorp's operational integrity by ensuring robust internal controls, continuous monitoring, and effective risk mitigation across all business units. This role combines analytical thinking, financial oversight, and process governance to safeguard company assets, enhance compliance, and support operational efficiency. The associate will oversee end-to-end control activities, from transactional verification to process reviews and reporting, ensuring accuracy, accountability, and adherence to company policies. The role requires the ability to identify control gaps, recommend improvements, and collaborate cross-functionally with finance, operations, and management teams. A strong balance of attention to detail, analytical capability, and execution discipline is essential. Key Responsibilities: Operational Monitoring & Control Execution Conduct continuous monitoring of business operations to identify risks, inefficiencies, and policy breaches. Perform weekly reviews of unfulfilled or delayed orders, refund exceptions, and payment requests. Identify trends and escalate systemic issues impacting operational performance or compliance. Ensure adherence to internal policies and operational procedures across all business units. Transactional Verification & Financial Control: Validate daily financial transactions, including banking timelines, store cash counts, and payment processes. Perform monthly sales-to-cash reconciliations and investigate unexplained variances. Review and verify vendor onboarding documentation to ensure compliance with company standards. Maintain accurate and well-documented control records and audit trails. Inventory Control & Assurance Participate in quarterly stock count exercises and validate inventory accuracy. Investigate inventory discrepancies, including shortages and overages. Review inventory aging reports to identify slow-moving or obsolete stock. Recommend control improvements to enhance inventory management processes. Systems Governance & Compliance Review system user access, including admin rights and segregation of duties (SOD). Ensure system changes and implementations reduce manual intervention and control risks. Monitor compliance with system control policies and data integrity standards. Support the development and enforcement of internal control frameworks. Collaboration & Reporting Work closely with Finance, Operations, and other departments to resolve control issues. Provide insights and recommendations to improve processes and mitigate risks. Prepare regular control reports and updates for the Head of Internal Audit & Control. Manage multiple control activities simultaneously while meeting reporting deadlines. Risk Management & Continuous Improvement Identify control gaps and recommend practical solutions to strengthen processes. Contribute to the development and maintenance of Risk & Control Matrices (RCMs). Support internal audit reviews and follow up on remediation actions. Stay updated on internal control best practices and regulatory requirements. Requirements Qualifications & Experience Diploma, HND, or Bachelor's degree in Accounting, Finance, Business Administration, or a related field. 3 - 5 years of experience in Internal Control, Audit, or Finance Operations. Strong experience performing financial reconciliations, process walkthroughs, and control documentation. Proficiency in Microsoft Excel and experience maintaining structured working papers and RCMs. Familiarity with systems such as Shopify, POS platforms, or similar operational tools. Strong analytical skills, attention to detail, and problem-solving ability. Excellent organizational and time-management skills with the ability to handle recurring tasks. Ability to work independently and collaboratively in a fast-paced environment. Up-to-date knowledge of internal control practices, financial controls, and risk management principles.