Manager -Financial / IT System Audit at Food Concepts Plc Incorporated on December 6, 1999, as Food Concepts & Entertainment Limited, the company began operations in 2000 and is now known as Food Concepts Plc. By a Special Resolution dated 10 May 2009, the Company was transformed from a Private Limited Liability Company to a Public Limited Liability Company, and the name of the Company was thereafter changed to Food Concepts Plc.
JOBS -Compliance Associate at Food Concepts Plc
The company obtained franchises from established South African Quick Service Restaurant operators to manage and run their brands in Nigeria shortly after its inception. Later on, the company purchased and created additional brands, including Chicken Republic, PieXpress, Butterfield, and Yum Yum, to name a few.
Manager -Financial / IT System Audit at Food Concepts Plc
A corporate restructuring and divestment process has resulted in the Company currently owning and operating the Chicken Republic and PieXpress brands, which are its unique food brands. Chicken Republic is currently operating in 80 sites across Nigeria and Ghana. The company expects to have >100 Chicken Republic restaurants operational by the end of 2020 and wants to have >300 outlets operational by the end of 2023, according to the company. PieXpress commenced operations in 2019 and now has four kiosks in operation. Another 6 units will open by the end of the year, with ambitions to have 150 Pie Express units in operation by the end of 2023, according to the company.
The Food Concepts Group also owns a 35.61 percent share in Food Concepts Pioneer Limited, which continues to own the Butterfield and Yum Yum brands while also operating plant bakeries that produce products for the mass market such as bread, pies, sausage rolls, and chin-chin.
We are now seeking candidates for the positions listed below:
Financial / Information Technology System Audit Manager is the job title.
ID for this request: 782
Ilupeju is a neighborhood in Lagos.
Sixth-grade level in the Shared Services department Department
Director of Internal Audit, Senior Manager of Internal Audit Reports to (Title): Head, Internal Audit, Audit Officers Reporting to (Title): Audit Associates, Audit Officers
The Purpose of the Position
To plan, organize, implement, and coordinate internal audit functions across the organization, including Financial and Systems Audit.
IT: Core Responsibilities and Key Result Areas Information Technology:
Examine information technology controls, evaluate their design and operational performance, estimate the level of risk exposure, and build remediation plans.
Performs information control reviews, which may include system development standards, operating procedures, system security, programming controls, communication controls, backup and disaster recovery, and system maintenance, amongst other aspects.
Performs general and application control reviews for computer information systems ranging from simple to complicated in complexity.
Network and system vulnerabilities are tested and identified, and counteractive techniques are recommended to keep the network safe and secure.
During your own audits or under the supervision of another lead auditor, carry out some audit tests for technology-focused audit projects when your technical experience will help you achieve the highest level of audit success.
Contributes to the development of computerized audit techniques, as well as ways for the evaluation and analysis of computerized information systems, by assisting other audit staff members.
The ability to keep up with the latest developments in relevant state-of-the-art technology, equipment, and/or systems is essential.
Preventatively monitor internal controls and give independent assurance on the effectiveness and efficiency of operational systems, making recommendations for modifications when they are necessary and when they are requested. Accountability process reviews, process streamlining projects, and system automation projects are examples of the kind of projects that will be covered by such reviews.
Report on the company’s compliance with the International Financial Reporting Standards (IFRS) (International Financial Reporting Standards).
Ensure and monitor compliance with Company policies, procedures, and systems in both the stores and the departments.
Plan, organize, and carry out an audit of the company’s financial accounts in accordance with International Financial Reporting Standards (IFRS) (International Financial Reporting Standards).
Examine the financial activities of the organization across all departments and divisions.
Audit findings memos and working papers are written up in order to guarantee that there is sufficient documentation to support the finished audit and its conclusions.
Provides relevant, succinct, and accurate written and oral reports and other technical information for distribution to management in a timely and accurate way.
Monitor the implementation of internal audit recommendations to ensure that all serious concerns that have been discovered have been satisfactorily resolved.
Assistance in identifying company improvement potentials related to information technology for management is essential.
Ensure that the financial and other information provided to management for decision-making is accurate, timely, and relevant by conducting a review and reporting on it.
Develop proactive strategies for identifying patterns and concerns arising from audit findings and formulating suggestions for improving internal controls and addressing identified weaknesses/gaps across all locations and marketplaces in which the organization is operating.
Participate in the process of change management if possible.
Provide advice and advise on security and control risks that have been identified.
Key Performance Indicators (KPIs) are a set of metrics that measure how well a company is performing.
Compliance with external compliance regulatory agencies is measured in percentages.
Assurance of the accuracy and quality of revenue
The quality of the business improvement possibilities that are made available
The accuracy, timeliness, and usefulness of financial information are all important considerations.
The number of system/controls that have been discovered and recommendations that have been approved.
Compliance with external compliance regulatory agencies is measured in percentages.
Review of the company’s financial statements / management accounts on a regular basis.
Expectations for the decision:
Acts in accordance with established procedures and judgments
Ensures that agreed-upon choices are followed through
Work schedule for one’s own and for subordinates is planned in advance.
Provides suggestions about ways to improve the company’s operations.
Ensures that internal audit recommendations are being followed through on
Maintains the quality management system of the organization.
Specifications for the Position
Requirements in terms of education:
A strong first-year degree in accounting or a comparable field is required.
It is advantageous to have a Master’s Degree in Business Administration or a similar degree in order to be considered.
Requirements for Professionals:
Professional membership in the Information Systems Auditor (CISA) certification program and certification / licensure as a Certified Information Systems Auditor (CISA) are required.
Requirements in terms of previous experience:
5–6 years of experience in a similar job, preferably in an auditing firm, is required.
Requirements in terms of knowledge:
Capability to conduct control reviews on system development, operation, programming, control, and security procedures and standards, as well as on security procedures and standards.
Possibility of reviewing system backup and catastrophe recovery, as well as maintenance processes
Knowledge of software requirements for the auditing of computing systems and procedures is necessary for this position.
Knowledge of the development and programming of computer systems is required.
Having the ability to examine and review a variety of mainframe, personal computer, and distributed production and application computer systems is essential.
Auditing techniques and procedures are well-understood.
Knowledge of the practices used in the QSR/Food Industry.
Knowledge of the most recent technological breakthroughs and trends in one’s field of specialization.
Accounting fundamentals, auditing concepts and principles, and knowledge of auditing procedures and procedures
Knowledge of the laws, regulations, and standards that regulate the use of computer systems in all of their elements is required.
Contacts and the Reasons for Contact
Internal Contacts (the most often encountered individuals):
Employees in the Executive Management Division
External Contacts (the people with whom you communicate the most frequently):
Regulators of service providers and vendors
Contact was made for the following reasons:
Information is exchanged or made available.
Information should be obtained, clarified, and discussed.
Information and problems will be presented and discussed.
Collaboration, negotiation, and presentation of ideas are all important.
Subordinates must be dealt with, influenced, or motivated.
High-stakes issues must be promoted, justified, or resolved.
Situations on the Job
In most cases, job holders work 40 hours a week, Monday through Friday, while other jobs may need weekend or evening hours in some cases. This position is primarily office-based, yet the worker may be required to travel to meetings that are hosted off-site due to the fact that the company has more than one location. Due to the fact that it entails risk management, the position necessitates accuracy and meticulousness.
The deadline for applications is March 7th, 2022.
How to Submit an Application
Candidates who are interested and qualified should: