Compliance Manager Job 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 Position: Compliance Manager

Job Location: Lagos 
Employment Type: Full-time

Job Purpose

• To ensure the company conducts its business in full compliance with all national and international laws and regulations that relate to the Quick Service Restaurant sector, as well as professional standards, accepted business practices, and internal standards.

Core Responsibilities and Key Result Areas
Risk & Compliance:

• Create, develop, and implement core regulatory compliance strategies, and ensure that they are monitored for every department and individual.
• Operate in a cross-functional manner to communicate regulatory testing requirements and monitor completion of submissions.
• Investigate and record any complaints that may transpire due to non-compliance of regulations and take measures to ensure that it is not repeated.
• To educating the entire staff and institute practices that will ensure the highest possible level of compliance.
• Communicating compliance-related issues to employees across all divisions of the organization.
• Researches, implements, and manages the areas of banking regulations and laws, and food regulations, policies and procedures, consumer protection, and public interest laws.
• Ensure that all company products comply with applicable regulations (federal and state), and any regions in which they are sold.
• Gather, analyse, and interpret technical data, and translate it correctly onto official regulatory submissions
• Provide specialist advice on core matters concerning regulatory compliance, aiming to keep the company’s products and services within the quality control circle.
• Maintain awareness of changing regulations for the company’s products and assist with the proper registration of components.
• Set plans to manage a crisis or compliance violation
• Educate and train employees on regulations and industry practices
• Address employee concerns or questions on legal compliance
• Confer with department heads to determine the type of service that they are providing, and the intensity of the compliance system that they will need.
• Ensure the company comply with all SEC requirements and filings on timely basis.
• Ensure the company Anti-Money Laundery and corruption policies are comply with in all internal and external dealings.
• Follow up with QEHS to ensure environmental audits is conducted as needed adherence to environmental standards.
• Follow up to ensure that appropriate regulatory reports is filed timely with the company’s regulators.
• Ensure that all company products comply with applicable regulations (federal and state), and any regions in which they are sold.
• Gather, analyse, and interpret technical data, and translate it correctly into official regulatory submissions
• Perform OSC across all CR stores and PX Kiosks
• Provide specialist advice on core matters concerning regulatory compliance, aiming to keep the company’s products and services within the quality control circle.
• Maintain awareness of changing regulations for the company’s products and assist with the proper registration of components.
• Investigate and record any complaints that may transpire due to non-compliance of regulations and take measures to ensure that it is not repeated.
• Research, implement, and manage the areas of regulations and laws, and food regulations, policies and procedures, consumer protection, and public interest laws.
• Work closely with the Senior Compliance Manager in overseeing compliance procedures.
• Address employee concerns or questions on legal compliance
• Confer with department heads to determine the type of service that they are providing, and the intensity of the compliance system that they will need.

Key Performance Indicators:

• Rate of compliance with applicable regulations
• Achievement of sensitization on changing/evolving regulations on company products

Knowledge Requirements

• Knowledge of legislations, its changes and developments as they affect the Food Industry,
• Knowledge of Fundamentals of Accounting
• Knowledge of Risk & Compliance standards or processes
• Knowledge of legal standards and in-house policies
• Knowledge of reporting procedures and record keeping
• Knowledge of the QSR/Food Industry practices

Job Specifications:

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

Decision Expectations:

• Acts on defined procedures and decisions
• Enforces agreed decisions
• Plans own work schedule and work schedule of subordinates
• Address employee concerns or questions on legal compliance
• Provide specialist advice on core matters concerning regulatory compliance