Internal Control Officer at Food Concepts Plc

Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.

Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).

We are recruiting to fill the position below:

Job Title: Internal Control Officer

Requisition ID: 1480
Location: Mushin, Lagos
Grade Level: 3
Job type: Full-time
Department: Risk & Compliance Department
Reporting to: Internal Control Manager

Job Purpose

• Ensure compliance to organization process, procedures and policies and other support for Chicken Republic Stores.

Core Responsibilities and Key Result Areas

• Ensures that internal control documentation are accurate and up-to date
• Ensure compliance to organization process, procedures and policies
• Verify and maintain internal control checks and records including assets tags to ensure safeguard of company
• Track cash advance for unnecessary delay in retirement
• Create and maintain error log closed register to ensure that all identified documentation errors are corrected and closed
• Review Imprest and relate with stores for any irregularities when necessary
• Conduct a periodic physical verification of stocks asset monthly
• Vouch and verify all payments vouchers for approvals completeness and accuracy
• Supervise the receipts of goods from suppliers and certify the GRN
• Review of administrative operations (Admin and Maintenance)
• Ensure that all necessary corrections are effected, vouchers properly authenticated
• Prepaid expense retirement review
• Call over of SCD- Finance and finance posting on SAP
• Due diligence and pricing review
• Ensure that all internal control registers are updated and closed daily
• Any other adhoc assignment as assigned by the HOD

Key Performance Indicators

• Time lag between internal control deficiency occurring and reporting
• Numbers of internal control improvement initiatives
• Number of internal control breaches
• Identify and respond proactively to business priorities and key controls
• Timely rendition of report weekly, monthly, quarterly and yearly basis to track support provided to the business and impact of such support
• Prompt implementation and corrective action with employees and managers

Job Specifications
Educational Requirements:

• A good first degree in Accounting, Finance, or related field

Professional Requirements:

• Membership of the ICAN, CITN, ACCA, CIS or any other related professional qualification is an added advantage

Experience Requirements:

• Minimum of 2 years’ experience in similar role is required.

Knowledge Requirements:

• Financial accounting skills
• Strong knowledge of audit procedures.

Application Closing Date
Not Specified.