Head, Risk & Compliance at Saroafrica International Limited

Saroafrica International Limited (‘Saro’) is an indigenous private sector player with 3 decades of experience in Nigeria. Saro has five Subsidiaries (Saro Agrosciences, Saro Lifecare, Saro Agro-Allied, Gossy Warm Spring and Saro Oil Palm) and two Joint Ventures (AgriseedCo and Green Hills Agricultural Products). Saroafrica is set to become a leading consumer, manufacturing, FMCG and integrated agricultural value chain group. In pursuit of this ambition Saroafrica is making significant investment in a Palm Plantation and Cassava to Ethanol Plant.

We are recruiting to fill the position below:

Job Title: Head, Risk & Compliance

Location: Lagos
Employment Type: Full-time

Duties / Responsibilities

• Develop 5-year Strategic Plan for the Risk and Compliance.
• Responsible for implementation of the Risk and Compliance Strategic Plan
• Supervise the Risk and Compliance Partners across Saro businesses
• The Head Risk & Compliance will ensure that transactions relating to Cash, Inventory, Debtors, Suppliers, Expenditure, Fixed Assets and Other SOFP items are properly validated, captured, recorded in the necessary books of accounts as required across saro SBUs.
• He will ensure that all activities and operations of the Treasury , IT , Finance , HR and Business and Strategy Planning are reviewed in line with the approved business plan
• Designing and implementing an overall risk management process for adequate Risk Assessment, Risk Treatment, Smart Mitigations, Risk Management by the businesses, monitoring and Reporting to provide reasonable assurance for noncrystallization of risk.
• Ensuring all activities of SARO have correctly identified risks points and set controls in policies and SOPs to guide the operations of respective businesses pre emotively.
• Ensure adequate mitigations for Risks and Open Position Limits that can hinder the achievement of strategic plans and objectives.
• Follow up with Group Executives (GEs), Head of Business (HOB) & Head of Units (HOU) to ensure smart and timely mitigation of all identified risks including emerging risks.
• Work with ARCG Partners & HOBs to provide regular risk reports with actionable plans for eliminating or preventing potential threats.
• Provide weekly, Monthly and Quarterly 'Risk and Compliance Reports' as required for ED ARCG.
• Leverage on Business Management, ED ARCG, and relevant Consultant to develop and subsequently review the Group’s risk management strategies, philosophy, Risk Appetite, and other risk initiatives.
• Pro-active engagement of process owners and stakeholders on identified and emerging risks to agree mitigations, action points, reporting and follow-ups.
• Ensure proper risk oversight on Compliance and Risk management across Saro core businesses through regular engagement with businesses.

Education and Experience

• Minimum of a Second Class upper in any course from a reputable university.
• Must be a Chartered Accountant (ACCA or ACA) or Any relevant risk management certification will be an advantage.
• An MBA or equivalent postgraduate management degree will be an advantage.
• 6 - 10 years cumulative experience in Risk Management, Internal Control or Audit.
• Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).
• Age Requirement: 30 - 40 years old.

Application Closing Date
30th September, 2022.