- The Compliance and Control Manager is responsible for overseeing group regulatory compliance, licensing, statutory filings, embedded finance regulatory financial reporting and the internal control framework across Nigeria, Kenya and Ghana. The role maintains visibility of regulatory obligations and control effectiveness, coordinates regulatory and statutory submissions, and escalates material compliance and control risks to the Senior Finance Director.
Regulatory Compliance and Licensing (SaaS and Embedded Finance, all markets)
- Own a group regulatory obligations register for every entity in Nigeria, Kenya and Ghana, covering both the SaaS and Embedded Finance businesses, with each obligation's regulator, deadline, owner and evidence of compliance.
- Keep all licences, permits and registrations in good standing and manage renewals, including the money lender's licence in Nigeria.
- Coordinate data protection compliance with Legal and IT Security, including registrations and annual filings with the data protection authorities in each market, given the employee and payroll data we process for clients.
- Monitor compliance with tax filing obligations in each market (VAT, withholding tax, corporate income tax and payroll taxes) with the Financial Controller and tax advisers, and escalate any risk of late or incorrect filing.
- Act as the main point of contact for financial and corporate regulators, and coordinate responses to information requests and inspections.
- Track regulatory changes in all three markets, such as CBN, FCCPC and state money lending rules in Nigeria and the relevant central bank, tax and data protection rules in Kenya and Ghana, then assess the impact and agree action plans with the business.
- Work with Embedded Finance Risk & Compliance, which keeps ownership of AML/KYC, credit risk and lending conduct, so that the group has a single, joined-up view of compliance status.
- Prepare the regulatory roadmap for Embedded Finance expansion into Kenya and Ghana, and for a future microfinance bank licence in Nigeria, setting out licensing requirements, capital, governance and reporting obligations.
Embedded Finance Regulatory Reporting (Nigeria)
- Prepare and submit all periodic returns, reports and renewal documents required under the money lender's licence, accurately and by the due dates.
- Prepare the financial information needed for digital lending registrations and returns to the FCCPC, working with Embedded Finance Compliance.
- Prepare regulatory financial schedules, such as loan book, portfolio quality, disbursements, interest rates and charges, funding sources and capital, and reconcile them to the general ledger and loan management system.
- Monitor financial conditions attached to the licence, including capital and leverage against internal targets, and report any risk of non-compliance to the Senior Finance Director.
- Reconcile the balance sheet data used in ALM reports to the general ledger before each ALCO meeting, working with the Treasury Manager.
Statutory Filings for All Group Entities
- Maintain a statutory compliance calendar for every group entity in Nigeria, Kenya and Ghana, covering deadlines, owners and evidence of filing.
- Make sure annual returns and other company filings are made on time with the CAC in Nigeria, the Business Registration Service in Kenya and the Office of the Registrar of Companies in Ghana, working with company secretaries, Legal and local advisers.
- Make sure audited financial statements are filed with the relevant authorities wherever required.
- Keep a central, up-to-date repository of statutory documents, licences, certificates and filing evidence for all entities.
Internal Control Framework
- Design and maintain the group internal control framework, with risk and control matrices for key processes: order-to-cash, procure-to-pay, record-to-report, payroll, treasury and lending.
- Own the delegation of authority matrix and the finance policy library, and make sure policies are reviewed at least once a year.
- Test key controls on a regular schedule, including segregation of duties and user access reviews in the ERP, billing and loan management systems, and track deficiencies through to remediation.
- Apply maker-checker review to every regulatory submission so it is reconciled to source data and approved before filing.
- Coordinate responses to external audit and regulatory findings on controls, and maintain a single issues tracker with owners and due dates.
- Run annual policy acknowledgements, conflict of interest declarations and compliance training for relevant staff.
Compliance and Control Reporting
- Produce a quarterly compliance and controls report for the Senior Finance Director, CEO and Board covering regulatory status, filing performance, control test results, open findings and upcoming regulatory changes.
- Escalate any material breach, missed filing or significant control failure to the Senior Finance Director immediately, with a remediation plan.
- Bachelor's degree or HND in Accounting, Finance, Banking or a related discipline.
- Relevant professional qualification or progress towards ICAN, ACCA or an equivalent accounting qualification is an advantage.
- At least 2 - 4 years' experience in settlement, bank reconciliation, financial operations or accounting roles.
- Experience reconciling bank accounts, payment gateway transactions, customer receipts, loan transactions or general ledger balances.
- Exposure to payment processors, partner banks, digital payments, lending operations or fintech systems is an advantage.
- Experience investigating reconciliation breaks, tracking exceptions and supporting month-end close and audit activities.
- Good understanding of accounting principles, reconciliations, settlement processes and general ledger entries.
- Proficiency in Microsoft Excel and experience working with accounting, ERP, loan management or reconciliation systems.
- Strong attention to detail, numerical accuracy, problem-solving and follow-through.