Compliance Officer at Food Concepts Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 months ago

Additional Details

Job ID
141332
Job Views
50

Job Description






Job Purpose




  • To ensure the development and implementation of risk policies and procedures in the organization



Core Responsibilities and Key Result Areas



Risk Assessment & Monitoring




  • Collaborate with relevant teams to identify, assess, and quantify operational and compliance risks.

  • Maintain and regularly update the organization’s risk register on a weekly and monthly basis.

  • Track the implementation of risk mitigation strategies and validate outcomes.

  • Recommend improvements to internal processes to enhance control effectiveness.

  • Assist in the investigation of fraud, inefficiencies, and other anomalies, providing actionable recommendations.



Compliance & Internal Controls




  • Participate in the design and implementation of internal control processes to mitigate identified risks.

  • Monitor compliance with internal policies, regulatory obligations, and risk standards.

  • Conduct internal reviews to ensure adherence to risk management protocols.

  • Identify and report emerging risks and control gaps with recommended mitigation strategies.



Key Performance Indicators




  • Accuracy and timeliness of risk register updates

  • Effectiveness of implemented risk controls.

  • Number and quality of process improvement recommendations

  • Compliance level with regulatory and internal risk policies



Knowledge Requirements




  • Knowledge of legislations, its changes and developments as they affect the Food Industry,

  • Knowledge of Fundamentals of Accounting

  • Knowledge of Risk & Compliance standards or processes

  • Knowledge of legal standards and in-house policies

  • Knowledge of reporting procedures and record keeping

  • Knowledge of the QSR/Food Industry practices Good interpersonal, communications and flexibility



Job Specifications




  • A good first degree in Law, Finance, Accounting, or any other related areas

  • Membership of the ICAN, ACCA or any other related professional qualification is an added advantage

  • Minimum of 2 years work experience in an administrative capacity in a similar industry / environment



Decision Expectations




  • Recommend business improvement opportunities

  • Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities

  • Assist in risk minimization



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