Jobs

Job Vacancy!!! Compliance Manager at Sifax Group

Sifax Group – We have built a reputation of excellent service delivery anchored on the foundation of competent workforce, world-class services, consumer-centric philosophy, tailor-made business solutions and modern equipment deployment.

We are recruiting to fill the position below:

Job Title: Compliance Manager

Location: Apapa, Lagos
Employment Type: Full-time

Job Description

  • The Compliance Manager will be working with the management of Compliance Directorate in ensuring that the company’s policies and procedures comply with regulatory and ethical standards.
  • The job holder will advise Compliance Directorate of any potential risks that may affect the regulatory standing, reputation, safety, security, financial sustainability and existence of the organization.
  • The job holder is expected to provide a better assessment of the risk management policies and protocols in order to come up with policies and recommendations to avoid threats, reduce or transfer risks and/or mitigate the effects of those which are essentially unavoidable.

Responsibilities
Operational Responsibilities:

  • Support Internal Control/Audit’s change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting and audit technology
  • Plans, designs and implements an overall risk management process for the organization
  • Develop and implement company policies and regulations
  • Oversee all business operations relating to compliance including policies, investments, and procedures
  • Design and monitor control systems to deal with violations of legal rules and internal policies
  • Coordinate with departmental managers to review all department’s compliance policies
  • Perform periodic reviews on company procedures and processes
  • Collaborate with HR department to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations
  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required
  • Verify that all company’s and regulatory policies and procedures have been documented, implemented, and communicated
  • Direct the development or implementation of compliance-related policies and procedures throughout an organization
  • Verify that software technology is in place to adequately provide oversight and monitoring in all required areas
  • File appropriate compliance reports with regulatory agencies
  • Conduct periodic internal reviews or assessment to ensure that compliance procedures are followed
  • Prepare reports for the management of Compliance Directorate, Top Management and external regulatory bodies as appropriate
  • Conduct compliance audits covering all operational areas
  • Any other duty as assigned by Management.

Qualifications

  • Educational Qualification: Relevant first degree or its equivalent or professional qualification in Accounting, Actuarial Science, Auditing, Finance, Economics, Commerce, Law, or in any other numerate or semi-numerate field.
  • Professional Qualification: Relevant certifications/qualification by locally and internationally recognized Accounting regulatory body would be an added advantage. Professional certification in accountancy a must (ACA, ACCA, ICAN Etc)
  • Work Experience: Minimum of 10 years’ relevant work experience and 4 years in a managerial position

Technical Competencies:

  • Good IT Systems Skills
  • Good understanding of financial records and relevant regulatory requirements.
  • Superior knowledge of international accounting and auditing policies, procedures, principles and standards
  • Strong working knowledge of governmental budgeting and accounting policies, procedures and standards
  • Prior experience in organizing, planning, managing and supervising the audit functions and in conducting financial reporting
  • Ability to interpret and apply legislation, regulations, guidelines and other regulatory requirements.
  • Current knowledge of industry practices, trends and issues
  • Highly developed organizational, communication and presentation skills
  • Understanding of Information management security, document management system and document use/compliance in all areas of work and departments
  • Risk Assessment and reporting

Managerial Competencies:

  • Knowledge of latest trends and practices in Compliance Management
  • Knowledge of Compliance Act & policies
  • Ability to take criticism, passionate about team and organizational development
  • Demonstrated experience in managing significant risk management projects
  • Demonstrated expertise in risk management processes is required, particularly with respect to developing & implementing significant strategies, stakeholder management and regulatory/Client relationship management

Behavioral Competencies:

  • Demonstrated expertise in change management
  • Presentation and report writing skills
  • Excellent written and oral communication
  • Organizational skills, with the ability to prioritize and respond at short notice
  • Ability to work well under pressure and adaptive to change
  • Good time management and organizational skills.

Salary
N400,000 – N550,000 monthly.

Application Closing Date
28th December, 2020.

Method of Application
Interested and qualified candidates should send their Application and CV (in PDF) to: jobs@sifaxgroup.com using the “Job Title” as the subject of the email.

 

Damilare Abass

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Damilare Abass

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