Controls & Compliance Manager at Kenya Wine Agencies Limited (KWAL)

Introduction    

The role is responsible and accountable for coordinating and enhancing internal controls across the business and ensuring our business operations and procedures comply with internal policies and regulatory requirements while benchmarking with the best in the industry. Additionally, the role will work closely with Legal to enforce the code of ethics and ensure compliance with governance, policies and company guidelines.

Specification    

• Review Company processes/operational manuals and systems to ensure that they are regularly updated to meet the set regulations, policies and all other requirements.
• Identify areas of compliance weakness and recommend remedial measures in consultation with Internal audit, functional and Departmental heads.
• Champion controls in the business, recommend improvements to our processes and benchmark our controls with industry and global standards.
• Conduct continuous audits, reviews and enhancements of compliance on processes/ systems/ documents and manuals with reference to laid down policies, regulations, laws and best practices in the industry.
• Ensure Applicable Regulations are complied with by the business and support functions through day-to-day monitoring and regular review of compliance to legislation, regulations and internal policies.
• Ensure compliance risks are identified, assessed, controlled, and enforced throughout the business and keep abreast of any regulatory/legal changes affecting the business and cascade.
• Put in measure to ensure suspicious transactions are identified and reported immediately to the management.
• Prepare departmental compliance training material, training staff and third parties across all lines, verify understanding through testing and work with the functions on projects to increase compliance.
• Create compliance awareness to ensure management of operations across the business are within the company code of ethics, governance and regulatory requirements.
• Prepare and present compliance reports to the business (daily, weekly, monthly, quarterly, and annual reports)
• Maintenance of an effective whistle blowing/code of ethics reporting service and ensure unethical ways/behaviour of other team members are reported to the management.
• Support investigations on business malpractice incidents (fraud incidents) in liaison with the Security Department, and report on findings to ensure management is well informed on the incidents, in order for strategies to be developed and implemented to protect against recurrences.

Requirements    

• Bachelor’s degree from a reputable institution
• Professional membership in Certified Public Accountant or Association of Chartered Certified Accountant will be an added advantage.
• Practical experience in the use of MS packages and ERP systems.
• 5 years’ relevant experience with at least 3 years of compliance supervisory position in an FMCG or reputable audit firm will be an added advantage