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Compliance Associate

4 months ago

Lagos, Lagos, Nigeria Food Concepts Plc Full time
  • 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

  • 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
  • Liaise with SEC and other regulatory bodies
  • 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 head, risk and compliance, 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, 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