Head, Internal Audit and Loss Control

Head, Internal Audit and Loss Control

Bond Chemist Limited was initially set up as a retail outlet for Pharmaceutical Products in 1976 by our visionary leader Asiwaju Theophilus Adebowale Omotosho. which later metamorphosed to Bond Chemical Industries Limited in 1988. The then management team of the company later instituted a producer structure for the company, and this we know today by name Bon...

Head, Internal Audit and Loss Control

• Job Type Full Time
• Qualification BA/BSc/HND , Professional Certificate
• Experience
• Location Oyo
• City Ibadan
• Job Field Finance / Accounting / Audit

Summary of Responsibilities

• Develop and implement the Group's internal audit, risk management, and compliance framework.
• Conduct periodic audits of retail, warehouse, financial, and operational activities to ensure compliance with company policies and regulatory requirements.
• Identify control gaps, operational risks, and process inefficiencies, and recommend corrective actions.
• Lead loss prevention initiatives to minimize inventory shrinkage, theft, fraud, waste, and operational losses.
• Oversee inventory control audits, stock verification processes, and inventory transfer monitoring across all business locations.
• Ensure compliance with statutory, health & safety, environmental, and industry regulations.
• Lead investigations into incidents involving fraud, theft, stock discrepancies, and employee misconduct.
• Develop, review, and enforce internal control policies, procedures, and Standard Operating Procedures (SOPs).
• Prepare and present audit, compliance, risk, and investigation reports to executive management.
• Coordinate staff training programs on compliance, ethics, internal controls, and loss prevention.
• Collaborate with Finance, Operations, Procurement, Inventory, Security, and HR teams to strengthen governance and operational effectiveness.

Academic Qualification, Skills and Attributes

• Bachelor's Degree in Accounting, Finance, Business Administration, or related field.
• Professional certification such as ACA or ACCA will be an added advantage.
• Minimum of 7–10 years' relevant experience in Internal Audit, Risk Management, Compliance, or Loss Prevention, preferably within retail, FMCG, supermarket or multi-business operations.
• Strong knowledge of internal controls, audit practices, inventory management, compliance, and fraud investigation.
• Excellent analytical, leadership, reporting, and stakeholder management skills.
• Proficiency in ERP systems and Microsoft Office applications.
• Conduct periodic audits of retail, warehouse, financial, and operational activities to ensure compliance with company policies and regulatory requirements.
• Identify control gaps, operational risks, and process inefficiencies, and recommend corrective actions.
• Lead loss prevention initiatives to minimize inventory shrinkage, theft, fraud, waste, and operational losses.
• Oversee inventory control audits, stock verification processes, and inventory transfer monitoring across all business locations.
• Ensure compliance with statutory, health & safety, environmental, and industry regulations.
• Lead investigations into incidents involving fraud, theft, stock discrepancies, and employee misconduct.
• Develop, review, and enforce internal control policies, procedures, and Standard Operating Procedures (SOPs).
• Prepare and present audit, compliance, risk, and investigation reports to executive management.
• Coordinate staff training programs on compliance, ethics, internal controls, and loss prevention.
• Collaborate with Finance, Operations, Procurement, Inventory, Security, and HR teams to strengthen governance and operational effectiveness.

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