Flour Mills of Nigeria Plc was incorporated in September 1960 as a private limited liability company, and commenced operations in 1962 with an installed capacity of 600 metric tons per day. The Company was converted to a public limited liability company in 1978, and its shares were subsequently listed on The Nigerian Stock Exchange. In its 54 year history, Flour Mills has remained at the forefront of wheat milling in Nigeria. The Company’s flagship brand, Golden Penny, remains one of the best known and the preferred brands amongst bakers, confectioneries and consumers in Nigeria. Flour Mills has invested over N25billion in milling infrastructure over the last seven years, to maintain its competitive advantage. Today, Flour Mills has a rated milling capacity of over 8,000 metric tons per day, making it one of the largest single site mills in the world. The Company’s flagship mill located in Apapa, Lagos comprises of 10 integrated mills. Each mill was designed as a multilevel operation in order to optimize the use of gravity in the sifting process, thereby reducing the energy requirements. In addition, the Company maintains dedicated mills to the processing of different wheat varieties to produce different flour types. This has ensured consistent quality of its products for 50 years. The Apapa Mill also boasts of modern silos with a storage capacity to 191,000 metric tons. Flour Mills has also made significant investments in power generation. The Company has 11 General Electric (GE) Jenbacher gas generators at its Apapa Mills, with a combined capacity of 30 megawatts. This has enabled the company to reduce the occurrence of production stoppages. In addition, the Company has a 30megawatt diesel plant at the same site to act as a backup in the event of any shortage of feedstock to the gas generators.
Purpose of the Job
Ensure that the company’s Governance, Risk Management and Business Continuity Management processes are operating effectively.
The Job
Undertake day-to-day risk management activities including identification, assessment, management, review and reporting of risks and opportunities.
Engage with the Functional Management Teams and Risk Champions to ensure functional/operational risks are discussed and assessed on a regular basis.
Support in the preparation of risk management papers for Board Audit & Risk Committee meetings.
Work with the Functional Management Teams to establish key risk indicators (KRIs).
Perform regular risk scanning and refresh exercises to identify emerging risks.
Develop and maintain local databases to facilitate the collation of risk data such as incidents, losses and issues.
Qualifications and Experience
First Degree in Accounting, Sciences or Engineering.
Certified by the Business Continuity Institute, Risk Management Certification.
MBA is an added advantage.
Minimum of 5 years’ experience in a similar role.
The Person Must:
Possesses excellent written and verbal communication skills.
Adept at analysing large volumes of data to identify patterns, trends, and potential risks.
Strategic thinking to identifying opportunities that arise from risks.
Excellent problem-solving skills.
