OANDO URGENT JOB: VACANCY FOR RISK AND CONTROL ADVISOR

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Oando Gas & Power is a pioneer in fields of private sector pipeline network construction and the distribution of natural gas to industrial and commercial consumers. With 100km of pipeline already built in Lagos and another 128km in progress in Akwa Ibom/Cross River States. The Company is building sub-Saharan Africa’s largest gas pipeline network. With its foray into power business, the company is poised to contribute several captive power plants to the Nigerian and sub- regional markets.

JOB POSITION: RISK AND CONTROL ADVISOR

DEPARTMENT: Finance

VACANCY DESCRIPTION

Oando PLC is currently seeking a Finance Risk and Control Advisor to strengthen Oando’s control environment and ensure an effective system of Internal Control and risk management, in order to improve process efficiency and effectiveness and to safeguard the assets of the company and provide assurance to management and the board on the integrity of the financial statements.
(Note: All candidates with less than 3 years post NYSC will be required to pass an aptitude test before they can be considered for interview)

SPECIFIC DUTIES AND RESPONSIBILITIES
•Work with the Risk and Control Manager to conduct risk assessment and control testing across the group.
•Work with department heads at the subsidiary companies in Finance (including, strategy & planning units) and other operating areas to ensure enforcement of policies and procedures and compliance with the regulatory environment.
•Ensure all remediation actions are implemented across the group.
•Assist with documentation of operational processes (using narratives and process maps) across the group, maintain a register of these processes, tracking all process changes and re- engineer existing processes where and when required.
•Focus on continual process improvement, and rationalization of control measures to enhance effectiveness and efficiency of operations and realization of cost savings opportunities
•Maintain and monitor all financial module access rights for all staff across the group.
•Coordinate risk documentation, evaluation, and monitoring risk inherent in existing activities, with the aim of minimizing operational loss across Oando Plc and its subsidiaries.
•Collate all the operations risk register from the entities and group EHSSQ and prepare monthly report for the group Chief Risk and Finance Officer
•Develop key risk indicators and guide the subsidiaries risk advisors on same. Ensure consistency of approach.
Ensure there are business continuity and crisis management plans in place to minimize losses in the event of severe business disruptions. Ensure periodic assessment of contingency plans.
•Facilitate the periodic Group Risk Management and Control Committee meetings chaired by the Group CFO.

REQUIREMENTS
•Good knowledge of Internal Control Processes, and Risk Management
•A university degree with minimum of five years work experience
•A qualified Chartered Accountant or working towards an accountancy qualification or an Engineer with good knowledge of processes and control
•Good knowledge of the regulatory environment.

CLOSING DATE: Apr 25, 2011

CLICK HERE TO APPLY