About this role

Prime Atlantic Limited – Risk & Internal Control Manager Location: Victoria Island, Lagos

Responsible for developing, implementing, and maintaining an effective enterprise risk management and internal control framework across the organization’s corporate and field operations.
The role ensures operational efficiency, regulatory compliance, financial integrity, asset protection, fraud prevention, and adherence to company policies and procedures.
The position will proactively identify business risks, assess control effectiveness, and recommend improvements to strengthen governance and operational performance across all business units and project locations.

Job Duties/ Responsibilities/Accountabilities

Risk Management:

Design, implement, and maintain the Enterprise Risk Management (ERM) framework applicable across all subsidiaries.
Define and support the implementation of the Group’s risk appetite and tolerance levels.
Coordinate periodic risk assessments, risk registers, and mitigation plans for all subsidiaries.
Review subsidiary risk reports, monitor key risk indicators (KRIs), and escalate material risks to Management and the Board.
Provide advisory support to subsidiaries on risk identification, assessment, and control design.
Coordinate Group-wide business continuity and disaster recovery planning.
Design and roll out Group-wide risk and compliance training programs.
Promote a strong risk-aware and ethical culture across the Group.
Support investigations into compliance breaches and recommend corrective actions in collaboration with Legal and HR.

Internal Control Framework & Governance:

Design, implement, and continuously improve the organization’s internal control framework in line with industry best practices and corporate governance standards.
Ensure adequate controls are established in the Group to safeguard subsidiary assets, prevent fraud, minimize operational losses, and ensure reliability of financial and operational reporting.
Develop and maintain internal control policies, procedures, and standard operating processes across all departments and operational sites.
Conduct periodic reviews of business processes to identify control gaps, inefficiencies, and areas for improvement.

Operational Control:

Develop and maintain effective operational control processes across corporate and field operations to ensure efficiency, compliance, asset protection, and accountability.
Monitor and review controls over procurement, vendor management, inventory, assets, logistics, project execution, service delivery, invoicing, and operational expenditures.
Ensure compliance with approved policies, procedures, contract terms, and delegated authority limits across all operational activities.
Conduct periodic operational control reviews, spot checks, and reconciliations to identify control gaps, process inefficiencies, revenue leakages, unauthorized transactions, and fraud risks.
Oversee controls relating to inventory management, asset utilization, project costing, subcontractor activities, and customer billing processes.
Ensure all operational and financial transactions are properly authorized, documented, and supported.
Prepare operational control reports and recommend corrective actions to strengthen operational efficiency and the overall control environment

Bachelor’s Degree in Accounting, Finance, Economics, Business Administration, Risk Management, or related discipline.
Master’s degree or MBA is an added advantage
Professional membership: ACA, ACCA, CIA, CRMA
7–10 years relevant experience in risk management, internal controls, internal audit, or compliance.
Prior experience within the oil & gas servicing, EPC, engineering, manufacturing, or industrial services sector is preferred.
Strong experience in operational controls, procurement controls, inventory management, and project-based environments.
Experience working with ERP systems such as SAP, Oracle, or Microsoft Dynamics is an advantage.

Not Specified.

Risk & Internal Control Manager