Internal Control Officer

VACANCY ANNOUNCEMENT

INTERNAL CONTROL OFFICER

RED LAKE BAND OF CHIPPEWA INDIANS

OPEN: September 4th 2025 Closing September 26, 2025 @ 12:00p.m.

PRIMARY FUNCTIONS:

The Internal Control Officer will be responsible for evaluating and monitoring the effectiveness of the company’s internal control system. This includes identifying potential risks, assessing control procedures, recommending improvements, and ensuring compliance with internal policies and external regulations. The role will collaborate with various departments to ensure that business operations are aligned with established controls and risk management strategies. Reports to Treasurer’s Financial Advisor and Executive Assistant. Full-time position with benefits. Salary; DOQ.

ESSENTIAL RESPONSIBILITIES & DUTIES:

• Evaluate existing internal controls and ensure compliance with company policies and legal regulations.

• Develop and implement internal control assessments to ensure operational efficiency, financial integrity, and safeguarding of assets.

• Monitor compliance with industry standards and regulatory requirements, recommending corrective actions where necessary.

• Conduct risk assessments across various functions and departments, identifying vulnerabilities and potential areas of improvement.

• Collaborate with relevant departments to design and implement controls to mitigate identified risks.

• Plan and execute internal audits to assess the effectiveness of controls.

• Perform regular testing of internal controls and document findings.

• Coordinate with external auditors and regulatory agencies as needed to facilitate audits and inspections.

• Prepare detailed reports on control effectiveness, audit findings, and recommendations for improvements.

• Present findings to the Treasurer and senior management and provide advice on strengthening internal control systems.

• Assist in the development, review, and update of internal policies, procedures, and standards.

• Ensure that all departments are educated and trained on internal controls and compliance requirements.

• Monitor business activities for signs of fraud, waste, or abuse.

• Investigate irregularities and potential fraud cases, and work with the legal or compliance teams as necessary.

• Stay updated on industry best practices and regulatory changes related to internal controls and compliance.

• Recommend improvements to internal control processes and systems to enhance the company’s overall risk management posture

EDUCATION/WORK EXPERIENCE/QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• Minimum 3-5 years of experience in internal control, auditing, risk management, or related roles.

• Experience in fund accounting or financial services environment preferred.

• Ability to analyze complex processes and identify risks or inefficiencies.

• Strong communication skills, both verbal and written.

• Proficiency in Microsoft Office, Microsoft Excel and audit software.

• Detail-oriented with a strong analytical mindset.

• Ability to work independently and as part of a team.

  TO APPLY: Applications and copies of certificated/diplomas are being accepted at the Government Center – Human Resources Department, P.O. Box 546, Red Lake, MN 56671 Phone (218) 679-1847. Email: [email protected] Fax (218) 679-4176