The Internal Control and Compliance Manager is responsible for supporting the internal control framework and optimizing business processes within Rose Pharmacy. This role involves proactively identifying, assessing, managing, mitigating, and monitoring risks and gaps, while ensuring compliance with company policies and procedures. The position also includes supervisory responsibilities and requires collaboration with various teams to maintain the integrity and efficiency of business processes.
Responsibilities and Duties
- Serve as the Business Process and Controls Lead for the entire organization, proactively identifying, assessing, managing, mitigating, and monitoring enterprise-wide risks.
- Conduct regular risk assessments and develop strategies to address identified risks.
- Monitor, ensure, and test the effectiveness of internal controls within the company.
- Work with department management to train teams on existing company policies and procedures, ensuring understanding and compliance.
- Provide ongoing support and guidance to ensure adherence to internal controls and risk management practices.
- Respond to issues of non-compliance, taking corrective action as necessary.
- Conduct surprise audits to evaluate the effectiveness of internal controls and identify areas for improvement.
- Prepare and present audit findings to management, along with recommendations for corrective actions.
- Follow up on audit recommendations to ensure timely implementation.
- Perform other duties as required, including special projects and initiatives related to internal controls and business process management.
- Stay updated on industry best practices, regulatory changes, and emerging risks that may impact the department.
Qualifications:
- Preferably a CPA or holder of a Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- With at least two (2) years of managerial experience in finance, accounting, internal controls, business process management, or related fields.
- Strong understanding of risk management, internal controls, and audit practices.
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle).
