Risk and Compliance Executive

Responsibilities:

Internal Audit Activities:

• Develop and implement risk-based internal audit plans covering all departments and verticals
• Conduct periodic audits of IT and production processes for sachet water, bottled water, dispenser water, and sanitary products.
• Examine financial records, stock reports, expense claims, procurement procedures, and inventory controls.
• Verify the accuracy of financial and operational reporting, including cost of goods sold and overhead allocations.
• Evaluate internal control adequacy across departments, including Procurement, Production, Warehousing, Sales, and HR.
• Investigate discrepancies, irregularities, and potential fraud, and recommend corrective actions.

Compliance & Control Monitoring:

• Monitor compliance with internal policies, SOPs, ISO standards, health and safety regulations, and statutory requirements (e.g., Tax, Labor laws, NAFDAC, SON).
• Evaluate adherence to hygiene and quality control procedures, especially in water and personal care product lines.
• Assess and report on the effectiveness of environmental and HSE compliance programs within the plant.
• Ensure all company departments operate within defined internal control procedures.

Risk Management:

• Identify operational, financial, and compliance risks across the company’s operations.
• Assess and rank risks based on likelihood, severity/impact, and recommend mitigation strategies.
• Participate in risk assessments for new lines/products or process changes

Process Improvement:

• Recommend process improvements to enhance operational efficiency, reduce waste, and improve internal controls.
• Work with departments to optimize workflows and improve process standardization.
• Recommend control activities and build control environment processes to close gaps and lapses.

Reporting:

• Prepare detailed audit reports with findings, risk assessments, and recommended actions.
• Report audit outcomes to senior management, with an emphasis on material weaknesses, quality, financial, and process control weaknesses, and compliance lapses.
• Follow up on the implementation of audit recommendations and verify the improvement plan for closure.

Requirements:

• Bachelor’s degree in accounting, Finance, Business Administration, or related field (2:1 preferred)
• Professional certifications/expertise (e.g., ACA, CIA) are highly desirable.
• 1-2 years’ experience in internal audit/ISO/Compliance, preferably in an IT/ manufacturing or FMCG environment.
• Knowledge of Nigerian tax laws, labor laws, and regulatory requirements for IT, food, and hygiene product production
  
• Strong knowledge of internal audit methodologies and control frameworks (e.g., COSO, ISO 9001, ISO 22000 & ISO 45001).
• Solid understanding of IT and manufacturing operations, inventory control, production processes, and cost accounting.
• Familiarity with compliance requirements related to IT, water, and sanitary product manufacturing (e.g., NAFDAC, SON, HSE).
• Analytical thinking, attention to detail, and problem-solving skills.
• Ability to maintain confidentiality and handle sensitive issues professionally.
• Proficiency in Microsoft Excel, ERP systems (e.g., Odoo, SAP, Sage, Oracle), and audit software.
• Effective communication, report writing, and interpersonal skills.