Vacancy title:
QSST- Compliance Lead
Jobs at:
Q-SourcingDeadline of this Job:
15 August 2022
Summary
Date Posted: Tuesday, July 26, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
About this Job:
Q-Sourcing Limited, trading as Q-Sourcing Servtec, is a manpower management solutions firm operating in the East African Region in the countries of Tanzania, Uganda, Kenya, Rwanda, and South Sudan.
On behalf of one of our Tanzania based client, we are looking for a competent and experienced Compliance Lead.
Job Summary:
The Compliance Lead will be responsible to review, evaluate and contribute towards the improved effectiveness of risk management, internal control, and governance processes. Coordinate and document internal regulatory processes, and carry internal compliance reviews, inspections, license renewals, or registrations and prepare materials for submission to relevant statutory bodies. A Job Holder will report direct to Administratively to In-country CEO and Functionally to Legal and Compliance Manager.
Main responsibilities
In Country Compliance
• Coordinate a regulatory documentation process
• Identify applicable laws and maintaining an updated legal register.
• Evaluate business performance to ensure compliance with applicable regulations.
• Evaluate applicable laws and regulations to determine the impact on organizational activities.
• Develop and implement compliance test programs and checklists.
• Develop and implement a monitoring and reporting tool.
• Advise management on the level of compliance to regulations, policies, procedures etc.
Conduct Internal control compliance reviews by:
• Evaluate the adequacy and effectiveness of internal controls.
• Assess compliance to internal controls.
• Review efficiency of operations and promoting continuous improvement.
• Ascertain the extent to which process goals and objectives have been established and conforming to those of MPL
Risk management reviews by:
• Assist in identifying and evaluating risk exposures.
• Monitor and evaluate the adequacy and effectiveness of the risk management process.
• Evaluate risk exposures relating to governance, operations and information systems.
Corporate Governance reviews
• Assess and make appropriate recommendations for improving the governance process to enable accomplishment of business objectives by:
1. Promote appropriate ethics and values.
2. Communicate risk and control information.
iii. Monitor business Performance indicators against set targets.
• Examine records and documents to ensure compliance or are updated to reflect best practices
• Advise management on legal or regulatory compliance matters.
• Explain regulations, policies, or procedures to management.
• Facilitate training of staff on relevant laws, regulations compliance procedures.
• Respond to customers’ communication and or resolve complaints.
Financial Management
• Preparation of the compliance budget as per the set guidelines
• Monitor and control the allocated budget
Risk Management
• Assesses business risks and defines risk mitigation strategies to reduce impact on business performance in collaboration with the Leadership Team.
Compliance
• Ensure Group policies and regulatory compliance in execution of in country activities.
• Adherence to all Group and In Country Policies and Procedures.
• Prepare and submit consolidated compliance reports.
Minimum Qualification requirements:
• Bachelor’s Degree in Business Management, Law, Actuarial Science or Risk Management. Certified Compliance or CPA (T) Professional preferred
• A thorough understanding of policies and best practices of risk management.
• 5 to 7 years relevant experience in Compliance, Audit and Risk preferably in FMCG or process industry.
Behavioural
• Must be of unquestionable integrity, Honesty, Trustworthiness and Professionalism
Leadership
• Must be a team player
• Must be a self-starter and have an appreciation of business growth and priorities.
• Strong Leadership potential to effectively drive a business agenda and operational coordination of activities.
Knowledge.
• Advanced experience with MS Office.
• Knowledge of Business Processes
• Strong understanding of good corporate governance.
Skills
• Internal Audit Assessments
• Report Writing Skills
• Business Acumen
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
Job application procedure
All candidates who meet the criteria outlined as above are encouraged to send their CVs/Resumes to: recruitmenttanzania@qsourcing.com not later than 08th August 2022
Only shortlisted applicants will be contacted.
This position is open for Local only.
For any further clarifications call 0692961040
All Jobs
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.