Head of Internal Control / Audit at Wemy Industries Limited

Wemy Industries is one of the foremost indigenous and oldest established manufacturers in Lagos, Nigeria. We specialize in producing baby diapers, feminine sanitary napkins/pads, panty liners, adult diapers, maternity pads, under pads and baby wipes under the umbrella brand names of ‘Dr. Browns’ and ‘Nightingale’.

We are recruiting to fill the position of:

Job Title: Head of Internal Control / Audit

Location: Lagos Nigeria.
Job Type: Full-time
Industry: FMCG

Job Summary

The Head of Internal Control is responsible for the development and implementation of the Internal Control Framework of our company.
The job holder will develop policies and procedures and monitor compliance in line with external regulations.

Duties and Responsibilities

Developing, reviewing, and implementing compliance policies, programs, and procedures
Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications and draw the appropriate conclusions
Developing and executing internal audit activities, consult with management on strategic plans and other business matters, and anticipate emerging risks
Participating in decision making with senior engagement management, providing meaningful insights, and seeking to understand the broader impact of current decisions
Documenting and testing business process and IT controls that support key financial operations
Evaluating control deficiencies, and monitoring remediation actions, timelines, and progress
Maintaining current knowledge of laws, regulations, procedures, and policies governing the Company
Lead the setup of the enterprise risk assessment for the company and developing a risk log
Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
Develop adequate training material on the internal control objectives, approach, and methodology.
Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
Prepares monthly exception reports and presents to the Managing Director
Ensures capital and revenue expenditure complies with policies and approval limits
Ensure compliance of loans disbursement to credit policies
Implements the anti-fraud campaign and assess compliance
Prepares monthly regulatory renditions and returns
Flexibility to carry out any other task as requested by Management

Qualifications

HND / B.Sc / M.Sc in Accounting, Banking, and finance or a related field

Experience:

Minimum of five (5) years experience in Internal Control/Audit in an FMCG or an audit firm
Prior managerial experience in a similar role or capacity
In-depth knowledge of Internal control framework for a manufacturing industry

Skills:

Strategy planning and implementation
Organization and time management abilities
Leadership, team management, and mentoring
Metrics-driven mindset
Problem-solving skills
Outstanding communication and people skills
Extensive knowledge of all regulatory policies and procedure
Risk Management techniques
Meticulous attention to detail and accuracy
Ability to multi-task and meet tight deadlines
Proficient in the use of MS Office suite
Ability to interact with senior management and multiple stakeholders, including regulators.
Strong communication, negotiation, and presentation skills.
Proficient in writing and delivery of presentations and documentation.
Ability to elicit cooperation from people.