Compliance officer

Role Details

Department: Finance & Operations

Location: Lagos

Salary Range: ₦300,000 – ₦400,000

Employment Type: Permanent – Full Time

Job Purpose

The Finance and Compliance Officer is responsible for ensuring strong financial discipline, process compliance, and control integrity across Renuzi Ventures. This role will bridge Finance and Operations — with a focus on warehouse reconciliation, stock accountability, expense validation, and compliance enforcement to reduce financial leakages and operational lapses.

Key Responsibilities

1. Financial Control & Reconciliation

• Conduct daily, weekly, and monthly stock reconciliation between warehouse records, finance books, and ERP/system data Investigate and document all variances between physical stock and financial records, ensuring prompt resolution within 48 hours Maintain a stock movement register — tracking goods received, goods issued, transfers, returns, and adjustments Verify and validate all goods receipt notes (GRNs) and delivery notes before entries are passed into finance books Ensure all stock write-offs or adjustments are properly approved and documented Prepare monthly reconciliation reports highlighting stock variances (by SKU and value) and share with management

2. Compliance & Process Enforcement

• Enforce adherence to warehouse SOPs for stock handling, loading, and dispatch Ensure zero unauthorized stock movement — no dispatch without approved invoice or LPO Audit daily warehouse closing balances and sign off on control sheets before final closure Verify compliance of credit sales with approved customer limits and payment terms Ensure cash and bank transactions are fully documented, with supporting vouchers and approvals Conduct spot checks at warehouse and sales locations to ensure compliance with Renuzi financial policies Maintain a compliance checklist for all key operational processes (warehouse, finance, sales, procurement, etc.)

3. Documentation & Reporting

• Maintain up-to-date control documentation (including SOPs, compliance logs, and audit findings) Submit weekly compliance summaries and monthly control reports to management Flag and escalate any non-compliance, negligence, or financial risk immediately to the MD or Head of Finance Track and report recurring operational lapses and recommend corrective measures

4. Audit Coordination & Review

• Support internal and external audits by ensuring timely provision of required documentation Conduct pre-audit reviews to ensure completeness of warehouse and finance records Prepare variance trackers (monthly, quarterly, annual) showing progress in variance reduction

5. Cost & Expense Control

• Review and validate fuel expenses, van maintenance costs, warehouse consumables, and petty cash before approval Implement a check-and-balance system to ensure that all expenditures are duly authorised Identify areas of cost leakage and propose measures to tighten financial discipline

6. People & Process Improvement

• Recommend and help design automated control systems or templates for tracking transactions Foster a culture of accountability and compliance across the operations team

Performance Indicators (KPIs)

• Reduction in monthly variance to less than 0.01% of stock value 100% documentation of stock movement and reconciliation Zero tolerance for undocumented or unauthorised stock dispatch Timely (weekly/monthly) submission of reconciliation and compliance reports Visible improvement in process adherence and reduction of financial losses

Work Relationships

Internal: Finance, Warehouse, Sales, Operations Teams

External: Auditors, Vendors, Suppliers (for verification purposes)

Pay: ₦300,000.00 - ₦400,000.00 per month

Work Location: In person