Job Title: Compliance Specialist
Organization: Movit Products Limited
Duty Station: Kampala, Uganda
Reports to: Compliance Analyst Controls and Audit
About US:
Movit Products Limited (MPL) is a leading Quality Cosmetics Manufacturing Company in Africa with operations in Uganda, Kenya, Tanzania, Zambia, Rwanda, Burundi, Democratic Republic of Congo and South Sudan. Movit Products Limited manufactures healthy beauty hair, skin and nail care products aimed at empowering every person to face life with confidence.
Job Summary: The Compliance Specialist will review, evaluate and contribute towards the improved effectiveness of risk management, internal control, and governance processes. Coordinate and document internal regulatory processes, carry out internal compliance reviews, inspections, license renewals, or registrations, and prepare materials for submission to relevant statutory bodies.
Key Duties and Responsibilities:
- Coordinate a regulatory documentation process.
- Identify applicable laws and maintain 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 with regulations, policies, procedures, etc.
Conduct Internal control compliance reviews by:
- Evaluate the adequacy and effectiveness of internal controls.
- Assess compliance with internal controls.
- Review efficiency of operations and promote continuous improvement.
- Ascertain the extent to which process goals and objectives have been established and conform 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 in order to enable accomplishment of business objectives by:
- Promote appropriate ethics and values.
- Communicate risk and control information.
- 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 Movit Group policies and regulatory compliance in execution of in-country activities.
- Adherence to all Movit Group and In Country Policies and Procedures.
- Prepare and submit consolidated compliance reports.
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s Degree in Business Management, Law, Actuarial Science or Risk Management. Certified Compliance or Accounting Professional preferred
- Three to four years of relevant experience in Compliance, Audit, and Risk preferably in FMCG or process industry.
- A thorough understanding of policies and best practices of risk management.
- Must be of unquestionable integrity, Honesty, Trustworthiness, and Professionalism
- 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.
- Advanced experience with MS Office.
- Knowledge of Business Processes
- Strong understanding of good corporate governance.
- Internal Audit Assessments
- Report Writing Skills
- Business Acumen
How to Apply:
All interested and qualified candidates are invited to send their updated CV to our email: hr@movitproducts.com
NB: Please indicate the Job Title in the subject line. Only shortlisted candidates will be contacted.
Deadline: 5th June 2023