Finance Operations Control Intern

Who we are

Moniepoint Inc. is Africa’s all-in-one financial ecosystem, helping 10 million businesses and individuals access seamless payments, banking, credit, and business management tools since 2019.
As Nigeria’s largest merchant acquirer, it powers most of the country’s Point of Sale (POS) transactions. Through its subsidiaries, Moniepoint Inc. processes $22 billion monthly for its customers while operating profitably.

About the role

The Finance Control Intern supports the assessment of financial reporting implementation within the Bank by conducting callover and vouching of transaction tickets to systems postings. This role is responsible for testing to confirm that transactions are appropriately supported, and financial controls are adequate to mitigate risk, promote completeness and accuracy of balances presented in the statement of accounts. 

The position requires appreciable understanding of internal control and basic checks process with a specific focus on testing and reporting on controls effectiveness.

Curious about what makes Moniepoint an incredible place to work? Check out posts on how we cultivate a culture of innovation, teamwork, and growth.

Key Responsibilities

• Conduct callover and vouching of transaction tickets against financial records to validate accuracy and completeness and ensure that transactions are appropriately supported with required documentation
• Conduct internal control vouching and testing of the income lines in the  financial statement to confirm accuracy and completeness as a second line of defence  (2LoD) check on revenue assurance.
• Conduct internal control vouching and testing of the various expense lines in the  financial statement to validate conformity with budget, approvals and completeness of processing flow as a 2LoD check.
• Conduct internal control vouching on assigned asset classes in the financial statement to validate accuracy and completeness
• Conduct internal control vouching of assigned liability heads  in the financial statement to validate accuracy and completeness
• Conduct daily control of  pre-approved journal entries, adjustment entries, intercompany entries and GL monitoring to validate accuracy and completeness
• Vouch and validates assigned month-end reports submitted by the finance operations
• Vouch assigned cash management and bank reconciliation process to validate that adequate or sufficient controls are in place to maintain the integrity and security of cashflow
• Carry out any other task, as might be assigned or becomes necessary to improve the treasury and finance operation posture and the internal control maturity in the Bank.

Requirements

Skills, Competencies, Technical and Non technical
What you need to succeed

• Internal Control Frameworks: Foundational or basic understanding risk management process.
• Financial Reporting: Basic or appreciable knowledge of financial reporting principles, including the ability to confirm accuracy and completeness of income and expense lines, and assess asset and liability classes in financial statements.
• Data Validation & Analysis: Vouching ability to validate data accuracy, completeness.
• Stakeholder Management: Ability to build relationships with stakeholders and communicate across different departments.
• Continuous Improvement Mindset: A commitment to continuous learning and improvement.

Experience and Education

• Educational Background: A Bachelor's degree in Accounting, Business Management, Finance or a related field.
• Certifications:  Student membership of ICAN, ACCA,  CISA or others related certification
• Experience: 0 to 1 years experience with basic understanding of the accounting process. Past internship experience in a big four, banking or financial services would be an advantage.

What we can offer you

Culture - We put our people first and prioritise the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.

Learning - We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.

Compensation - You’ll receive an attractive salary, pension, health insurance, plus other benefits.