Department: Finance / Risk & Compliance
Reports To: Chief Financial Officer (CFO)
Job Summary
The Compliance Officer (Finance) is responsible for ensuring that all financial activities, reporting, and transactions comply with internal policies, accounting standards, and regulatory requirements. The role safeguards the organization against financial risk, fraud, and non-compliance while supporting transparency, accountability, and strong financial governance.
Key Responsibilities
Financial Compliance Monitoring
Ensure compliance with financial regulations, tax laws, and accounting standards (IFRS, GAAP where applicable).
Monitor financial transactions for adherence to company policies and approval limits.
Review payment processes, payroll, and vendor transactions for compliance.
Internal Controls & Risk Management
Implement and monitor internal financial control systems.
Identify financial risks and recommend mitigation measures.
Ensure segregation of duties within financial processes.
Support fraud prevention and detection activities.
Audit Support
Coordinate internal and external financial audits.
Provide required documentation and explanations during audits.
Track audit findings and ensure timely corrective actions.
Maintain audit trails for all financial activities.
Policy Development & Enforcement
Support development and review of financial compliance policies and SOPs.
Ensure adherence to procurement-to-payment (P2P) and revenue recognition policies.
Enforce compliance with expense management and reimbursement policies.
Regulatory Reporting
Ensure timely submission of statutory financial reports and tax filings.
Liaise with regulatory bodies (FIRS, tax authorities, auditors, etc.).
Monitor changes in financial regulations and communicate updates to management.
Fraud Prevention & Ethics
Investigate suspicious financial activities or irregularities.
Maintain whistleblowing mechanisms and confidentiality.
Promote ethical financial practices across departments.
Training & Awareness
Conduct compliance training for finance and non-finance staff.
Promote awareness of financial policies and regulatory obligations.
Reporting & Documentation
Prepare compliance and risk reports for management.
Maintain proper documentation of financial approvals and audits.
Track compliance KPIs and highlight deviations.
Qualifications & Requirements
Bachelor's degree in Accounting, Finance, Economics, or related field.
Professional certification (ICAN, ACCA, CPA) is an advantage.
4 - 8 years of experience in finance, audit, or compliance roles.
Strong knowledge of IFRS, financial regulations, and internal controls.
Experience in EPC, construction, oil & gas, or corporate finance preferred.
Key Competencies
Financial Compliance & Regulatory Knowledge
Internal Controls & Risk Management
Analytical & Investigative Skills
Attention to Detail
Integrity & Confidentiality
Reporting & Documentation Skills
KPIs / Performance Indicators
Reduction in financial compliance breaches
Timeliness of audit closure and corrective actions
Accuracy of financial compliance reporting
Number of unresolved audit findings
Regulatory filing compliance rate