Internal Audit Manager 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 Audit Manager

Requisition ID: 2015
Location: Lagos
Employment Type: Full-time

Job Purpose

• To design, implement and co-ordinate internal audit functions across the business.

Core Responsibilities and Key Result Areas
Risk/Quality Monitoring:

• Proactively monitor internal controls and provide independent assurance on the effectiveness and efficiency of operating systems, recommending changes where necessary and as required. The scope of such reviews shall include but not be limited to accounting process reviews, process streamlining and systems automation projects
• Ensure and monitor store compliance to Company policies, procedures and systems
• Report variance and ensure proper follow up
• Monitor the implementation of internal audit recommendations to ensure the satisfactory resolution of identified significant issues
• Ensure follow up on gaps identified and communicate to Line Manager
• Report on company’s compliance with IFRS (International Financial Reporting Standards).
• Develop and maintain the company’s Quality Management system, ensuring full compliance with its guidelines and a consolidated uniform approach across the company
• Advisory
• Proactively identify trends and issues from audit findings and formulate recommendations for improving internal controls and addressing identified weaknesses/gaps across all locations/markets in which the company operates
• Review and report on the accuracy, timeliness and relevance of the financial and other information provided to management for decision making
• Undertake and report on the value for money that the company obtains in all its activities with special regard to economy, efficiency and effectiveness
• Assist management in the identification of business improvement opportunities in line with the recommendations of the Quality Policy and provide required assistance in managing projects which are spin-offs of such exercises

Key Performance Indicators

• Rate of compliance with external compliance regulatory agencies
• Accuracy/Quality of revenue Assurance
• Quality of business improvement opportunities provided
• Accuracy, timeliness and relevance of financial information

Job Specifications

• A good first Degree in Accounting or related areas.
• Possession of a Master’s degree in Business Administration or related degree is an added advantage
• Membership of ICAN, ACCA, ACA, CIMA, or any other related professional qualification is required.
• Minimum of 5-6 years’ experience in a similar role, especially in the QSR/FMCG sector

Knowledge Requirements:

• Knowledge of computerized accounting and auditing record keeping systems
• Knowledge of legislations, its changes and developments as they affect the Food Industry,
• Knowledge of  new auditing techniques and practices
• Knowledge of Fundamentals of Accounting
• Knowledge of the QSR/Food Industry practices

Decision Expectations:

• Acts on defined procedures and decisions
• Enforces agreed decisions
• Plans own work schedule and work schedule of subordinates
• Recommends business improvement opportunities
• Monitors the implementation of internal audit recommendations
• Maintains the company’s quality management system

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online