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.