Compliance Officer Job at Renda Limited

Renda Limited - We use technology to solve logistics problems and connect businesses and individuals to easy, fast and cost-effective logistics services. Our solution is a one-stop platform for all procurement, warehousing, distribution, inventory management, last-mile haulage & delivery, and fulfillment needs.

We are recruiting to fill the position below:

Job Position: Compliance Officer

Job Location: Lagos
Employment Type: Full time

Job Description

• The Compliance Officer will be responsible for ensuring that all financial transactions and partnerships comply with internal policies.
• Primary duties will include vetting payment schedules, verifying partner onboarding documents, managing financial reconciliation issues, chasing debt recovery from haulage and retail partners, and managing in-transit disruptions.

Job Duties

• Review and validate payment schedules to ensure accuracy and compliance with company policies. 
• Identify any discrepancies or irregularities in payment schedules and take appropriate actions to rectify them.
• Follow up with haulage and retail teams on partners outstanding debts for recovery.
• Coordinate with relevant stakeholders to ensure timely resolution of in-transit disruptions while maintaining compliance with company policies and regulatory requirements.
• Assess and verify partner onboarding documents for completeness and accuracy and collaborate with relevant departments to obtain any missing information or documents.
• Oversee reconciliation process with Compliance stakeholders, investigate and analyze discrepancies to identify root causes and resolve any financial discrepancies.
• Perform any other responsibilities as assigned by the management.

Key Performance Indicators (KPIs)

• Average time taken to verify and approve partner onboarding documents - 1 hour
• Average partner verification timeline - 1 week 
• Weekly percentage of financial reconciliation issues resolved - 90%
• Weekly percentage of outstanding debts recovered from haulage partners - 80% 
• Weekly percentage of outstanding debts recovered from retail partners - 80%.

Qualifications

• Bachelor's Degree in Business Administration, Accounting or a related field.
• 3 years of experience working in a compliance role, preferably in the transportation or logistics industry is desirable.
• Excellent analytical skills with the ability to identify and resolve complex issues.
• Effective communication and negotiation skills.
• Detail-oriented with a high level of accuracy in data analysis and documentation.
• Ability to work independently and collaboratively in a fast-paced environment.