Compliance Officer at Verstand Resources

Verstand Resources Limited is a boutique professional services firm thatstrategically contributes to talent management in Nigeria by partnering with organizations to meet their human resource needs and providing career advisory services to young individuals.

Registered with the Corporate Affairs Commission in November 2016, Verstand Resources has achieved tremendous results for its clients.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Lagos
Employment Type: Permanent - Full Time
Department: Finance & Operations

Job Purpose

• The Finance and Compliance Officer is responsible for ensuring strong financial discipline, process compliance, and control integrity across our client.
• 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
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

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 our client's financial policies
• Maintain a compliance checklist for all key operational processes (warehouse, finance, sales, procurement, etc.)

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

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

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

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)

Pre-Employment Requirements:

• Background check, reference check, and credential verification.

Salary Range
N300,000 - N400,000 per month.

Application Closing Date
10th July, 2026.

How to Apply
Interested and qualified candidates should send their CV to: hr@verstandresources.com using "Compliance Officer" as the subject of the mail.