Group Head - Internal Control, Risk Management and Compliance at Westfield Consulting

Job Purpose

• Involves leading the team, developing policies and procedures, conducting risk assessments and ensuring compliance with relevant laws, regulations and company policies.
• The Group Head also oversees the effectiveness of internal controls and recommends improvements.

Key Responsibilities
Enterprise Risk Management (ERM):

• Develop and implement a Group-wide ERM framework
• Establish risk appetite and tolerance thresholds in collaboration with Executive Management and the Board.
• Maintain and update the Group Risk Register.
• Facilitate quarterly risk assessment workshops across SBUs.
• Identify emerging and strategic risks
• Present risk dashboard reports to the Group Head Risk Mgt, internal control & compliance.

Operational & Manufacturing Risk Oversight:

• Monitor production, maintenance, and quality risks.
• Oversee risk exposure relating to:
  • Machine reliability and downtime
  • Spare parts availability
  • Quality defect rates
  • Health & safety compliance
• Monitor environmental and process inefficiencies.
• Review branch operational stability and logistics evacuation risks.

Financial & Treasury Risk Oversight:

• Monitor foreign exchange exposure especially export operations
• Review revenue recognition risk
• Oversee working capital risk and liquidity exposure.
• Review insurance coverage adequacy for critical assets.
• Identify fraud risk indicators.

Compliance & Regulatory Risk:
Monitor compliance with:

• Nigerian environmental regulations
• Tax regulations
• Export and customs requirements
• Data protection requirements
• Liaise with Legal and Compliance functions.
• Ensure compliance with risk reporting

Security & Asset Protection Risk:

• Assess physical security vulnerabilities.
• Oversee surveillance and security infrastructure risk assessment.
• Recommend CAPEX for security risk mitigation.

IT & Systems Risk:

• Monitor ERP reliability and data integrity risks.
• Assess cybersecurity risks.
• Review system downtime, access control, and data breach exposure.
• Ensure third-party IT service risk monitoring.

Business Continuity & Crisis Management:

• Develop and maintain Business Continuity Plan (BCP).
• Establish disaster recovery frameworks.
• Coordinate crisis response planning (e.g., fire, regulatory enforcement, supply disruption).

Risk Reporting & Governance:

• Prepare Monthly Risk Management Report
• Develop risk heat maps and dashboards.
• Escalate high-risk matters to Executive Management promptly.

Key Requirements

• A Bachelor’s Degree in a relevant field such as Finance, Accounting and any other relevant field
• Minimum of 10 years’ experience in the Finance field or in FMCG
• At least 3 years in a leadership or managerial role
• A master’s degree is strongly preferred (MBA, MSc in Finance, Risk Management, or related fields)
• Professional Certifications
• Strong leadership and team Management skills
• Analytical and problem-solving skills
• Experience with ERP systems and other relevant technologies.