Head, Internal Audit and Risk Management at OmniRetail Technology Limited

OmniRetail is a unified consumer goods distribution platform that improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products; OmniBiz, the B2B e-commerce platform; and Mplify, a Distribution Management Solution that helps FMCG distributors drive growth by automating their sales and inventory on a best-in-class technology stack. OmniPay is the embedded finance solution for OmniBiz and Mplify.

We are recruiting to fill the position below:

Job Title: Head, Internal Audit and Risk Management

Location: Lagos
Employment Type: Full-time

About the Job

• As the Head of Audit and Risk Management, you will oversee the internal audit and risk management processes.
• You will take ownership of the profit and loss (P&L) statement, and ensure the company's operations comply with industry regulations, internal policies, and best practices while identifying potential risks and developing strategies to mitigate them.

Responsibilities
Audit Planning and Execution:

• Plan and execute comprehensive internal audits to assess the effectiveness of internal controls, financial systems, and compliance with relevant regulations.
• Evaluate the accuracy and completeness of financial records, transactions, and processes.

Risk Assessment and Mitigation:

• Develop and implement a risk management framework to identify, assess, and prioritize organizational risks.
• Collaborate with department heads to establish risk mitigation strategies and action plans.
• Monitor and report on the status of risk mitigation efforts.

Compliance and Regulatory Oversight:

• Stay up to date with relevant laws, regulations, and industry standards affecting the e-commerce FMCG sector and ensure the company's operations and practices are in compliance with these regulations.
• Advise management on compliance-related issues and recommend necessary changes.

Reporting and Documentation:

• Prepare detailed audit reports and risk assessments for senior management and the board of directors.
• Maintain accurate and organized records of audit findings, risk assessments, and compliance documentation.
• Communicate audit results and risk information effectively to stakeholders.

Continuous Improvement:

• Identify opportunities to enhance audit and risk management processes.
• Develop and implement policies and procedures to strengthen internal controls and risk mitigation efforts.

Team Leadership and Development:

• Lead and mentor a team of auditors and risk management professionals.
• Provide guidance, training, and support to team members to foster professional growth and development.

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field. A Master's Degree is preferred.
• Professional certifications include ACA, Certified Fraud Examiner (CFE), or similar certifications.
• 7-10 years of experience in internal audit and risk management, with at least 3-5 years in a leadership role.
• Extensive knowledge of internal auditing standards, risk management frameworks, and regulatory requirements.

Application Closing Date
Not Specified.