Obtain Up To N300,000 Cash In The 2nd 2019 Aspire CBT Contest

ADS! Get Admission into 200 Level and Study any Course in any University of Your Choice. Low Fees | No JAMB UTME. Call 08063692710

VFD Group Recruitment 2019/2020 and How to Apply for Graduate Vacancies

Filed in Job by on April 10, 2019

Ads: Total Cure for Diabetes => CLICK HERE - 15 Products Remaining | HURRY NOW!


VFD Group Recruitment 2019/2020 and How to Apply for Graduate Vacancies.

VFD Group Recruitment 2019… This is a comprehensive guide on how to apply for VFD Group job entry for graduate online for 2019/2020. Interested applicant should follow the lead below for successful application. Deadline for recruitment has not yet been specified.


VFD Group Recruitment

VFD Group Recruitment 2018

VFD Group has been undergoing massive recruitment intake annually for the past years. We’ve received numerous requests by aspirants on various platforms yearning for legit information about the VFD Group Application form and guidelines for 2019/2020. Many applicants have been asking us questions like;

Keep reading this article as you will find answers to the above queries.

About VFD Group.

VFD Group is an alternative financial services holding company that creates value by working within Nigeria’s informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian.

VFD Group was founded by highly skilled professionals with diverse experiences, qualifications and professional backgrounds, who identified the gap between individuals and small businesses and their banking experiences, and set out to bridge the divide.

Available Job Vacancies.

Applications are invited for:

1. Job Title: Internal Control/Compliance Officer

Location: Lagos
Employment Type: Full Time
Grade Alignment: Associate to Senior Associate

Job Summary

  • Formulate and execute company control processes, and complete daily, weekly, and monthly accounts reconciliations by identifying and reconciling differences, escalating issues, and communicating results to management and colleagues.

Key Task

  • Budget & Budgetary control
  • Accounts reconciliation
  • Regulatory compliance reporting
  • Revenue and cost assurance
  • Internal audit
  • Asset and liability management
  • Special investigations and daily call-oversEnsure proper internal audit and control system.

Responsibilities
Budget & Budget control:

  • Monitor annual budget figures
  • Provide a monthly variance and budget gap report
  • Ensure expenses are always within budget except with exceptional approval

Accounts reconciliation:

  • Ensures that cash amounts in the company’s ledgers agree with bank balances
  • Ensures guidelines and policies around cash processes are adequate & effective
  • Ensure daily call-over
  • Monthly bank reconciliation of all accounts

Regulatory compliance reporting:

  • Ensure zero regulatory infraction in areas relating to financial reporting
  • Review fillings to regulators
  • Ensure the remittance of all government taxes

Revenue and cost assurance:

  • Develop an integrated cycle to ensure prevention, detection, analysis, and Response
  • Ensure avoidable losses and cost exposure
  • Ensure no opportunist fraud window
  • Ensure no areas of income leakages

Internal Audit:

  • Develop a proper internal audit and control system
  • Define control measure for all key activities and ensure compliance
  • Prepare audit reports
  • Advise units on departure from policies, procedures and other exceptions

Asset and Liability Management:

  • Develop an ALM system
  • Develop ALM policies and procedures
  • Suggest strategic guidance where necessary

Special investigations and daily call overs:

  • Review all payment vouchers to both internal and external parties
  • Perform investigations into suspected fraudulent/ sharp practices
  • Provide appropriate line of action and recommendation for investigated fraudulent activities

Others:

  • Prepare/compile agreed periodic activity report for the MD/CEO
  • Other ad-hoc assignments as assigned

Key Performance Indicators

  • Summary KPI
  • Non-Financial/Internal
  • Budget and Budget Control
  • Budget variance analysis 5th working day of the month

Regulatory compliance reporting:

  • Ensure zero regulatory infraction in areas relating to financial reporting
  • Accurate review of fillings to regulators
  • Timely remittance of all government taxes

Revenue and cost assurance:

  • Development of an integrated cycle to ensure prevention, detection, analysis, and response
  • Cost savings on avoidable losses and cost exposure
  • Decrease and detection of income leakages
  • Number of suggested strategy

Internal Audit:

  • Development of internal audit and control system
  • Increase of compliance of all key activities
  • Prepare audit reports
  • Decrease in exceptions by the units
  • Number of identified exceptions

Asset and Liability Management:

  • Development and implementation of an ALM system
  • Development of all necessary ALM policies and procedures
  • Number of suggested strategic guidance

Special investigations and daily call overs:

  • Timely review of all payment vouchers to both internal and external parties
  • Number of investigated fraudulent and sharp practices
  • Reduced number of fraud cases

Others:

  • Integrity and Accuracy of Accounting Records:
    • Account reconciliations- Daily
    • WACC- Daily
    • FD position analysis- Weekly
  • Account reconciliation- Daily, weekly and Monthly
  • Control and Monitoring- Daily
  • Adhoc task- Continuous
  • Regulatory Compliance- Fillings 24hrs before the specified deadline.
  • Savings on income leakages
  • Timely and discreet execution of investigations
  • Number of timely conducted audits
  • Reduced fraud cases
  • Comprehensive, clear, and constructive audit and fraud reports
  • Reduced number of mitigated risk
  • Minimum exceptions found by external auditors

Specification/Qualification
Qualification:

  • First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc.), MBA or Master’s degree will be an added advantage.

Minimum Experience:

  • Minimum of 6 years’ cumulative work experience in a similar role

Professional Membership:

  • ICAN, ACCA

Core skills:

  • Knowledge of corporate governance practices
  • Ability to analyze data
  • Ability to read large volumes of documents effectively and extract necessary information
  • In-depth understanding of the organization’s business issues
  • Communication & Presentation
  • Good report writing skills
  • Proficient at Excel, MS Word, and Powerpoint
  • Developed the ability to produce reports and presentations to a professional standard
  • Excellent written and oral communication skills
  • Excellent proof-reading skills

Generic skills:

  • Communication skills, Analytical ability, Integrity.

Application Closing Date
17th April, 2019.


2. Job Title: Chief Compliance Officer

Location: Lagos
Employment Type: Full Time

Job Summary

  • The role will be responsible for overseeing and managing compliance for the Company and ensuring compliance with all statutory and regulatory requirements as well as internal policies and procedures by all units/employees.

Responsibilities

  • Responsible for developing and implementing a compliance framework for the Company.
  • Liaise with all relevant stakeholders; internal and external (regulatory bodies, shareholders) to ensure compliance
  • Identify prompt dispensation/compliance when policies and procedures deviate from minimum standard
  • Monitor regulatory changes
  • Ensure dissemination of regulatory updates and guidance
  • Facilitate and ensure compliance with new regulation by the Business
  • Represent the Business on Industry/regulatory committees
  • Ensure timely compliance with all regulatory requirements/reports and obligation
  • Identify and analyse compliance risk, processes and control for all units/department
  • Conduct period review of compliance
  • Develop and conduct compliance awareness/trainings to guide the business
  • Develop a code of conduct for the Group
  • Ensure regular reporting to management on compliance issues
  • Respond to compliance matters as the point of contact for the Business.

Key Performance Indicators:

  • Timely preparation of compliance framework for the company
  • 100% adherence to regulatory compliance
  • Timely dissemination of new regulation
  • Ensure implementation of compliance risk, processes and control for the Group
  • Development of a code of conduct for the group
  • Timely and accurate compliance reports
  • Number of compliance awareness initiatives and trainings
  • Ensure 100% compliance at all times
  • Number of periodic compliance review and intervention.

Competence Requirements
Core Skills:

  • Knowledge of regulations specific to the industry
  • Strong knowledge of global compliance regulation
  • Strong Risk Management Skills
  • Ability to ensure compliance of all key activities
  • Strategic planning and execution.
  • Change management.
  • Communication & Presentation
  • Negotiation
  • Logical thinking/reasoning
  • Assertive and observant
  • Working knowledge of Microsoft Office Suite & the Internet
  • Generic Skills

Integrity:

  • Pro-activity
  • Detail orientation
  • Interpersonal
  • Time Management
  • Organisation
  • Team work

Specification/Qualification
Qualification:

  • First Degree or its equivalent in a numerate discipline, MBA or Master’s Degree in Finance or Accounting required

Minimum Experience:

  • 8 years relevant experience of which at least five (5) must have been at a strategic management level
  • Professional Membership
  • Chartered membership of relevant bodies
  • Must be SEC registered.

Application Deadline: Wednesday,17th April, 2019.


3. Job Title: Head, Internal Audit and Control

Location: Lagos
Employment Type: Full Time

Job Summary

  • The role will be responsible for implementing Internal Audit, Control and Corporate Governance system in the Organisation and its entities.

Responsibilities

  • Ensure proper internal audit and control system
  • Investigate fraud within the organization
  • Carry out Audit activities and prepare reports
  • Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organisation and define control measures to ensure compliance
  • Supervise the execution of VFD’s control procedures on financial processes such as revenue collection, receivable and asset management, investments, international operations, etc.
  • Prepare/ review internal audit reports covering audit activities, findings and overall assessment of the control environment.
  • Ensure all financial transactions are bonafide, accurate and processed in line with established policies and procedures and coordinate the review of all payment vouchers to both internal and external parties.
  • Keep abreast of global and local best practice as it relates to the internal audit operations.
  • Establish and maintain relationships with key internal and external stakeholders.
  • Coordinate the review of business/ operating processes and practices and information systems to ensure the adequacy of existing controls as well as mitigate errors, irregularities, and fraud.
  • Perform investigations into suspected fraudulent/sharp practices across the organisation and recommend the appropriate line of action in response to findings.
  • Investigate client complaints and provide reports on the same
  • Prepare audit reports and advise units and committees on departure from policies, procedures, and other exceptions.
  • Prepare/compile agreed periodic activity and performance reports for the attention of the CEO and relevant Board Committee.
  • Good back up support on operation/ transaction reviews
  • Perform any other duties as assigned by the CEO/ Board.

Key Performance Indicators
Non -Financial Target:

  • Savings on income leakages
  • Timely and discreet execution of investigations
  • Number of timely conducted audits
  • Reduced fraud cases
  • Comprehensive, clear, and constructive audit and fraud reports
  • Reduced number of mitigated risk
  • Minimum exceptions found by external auditors

Specification/Qualification
Qualification:

  • First degree or its equivalent in a numerate discipline, MBA or Master’s degree in Finance or Accounting required.

Minimum Experience:

  • Eight (8) years relevant experience of which at least two (2) years must have been spent in a similar role in the financial services industry.

Professional Membership:

  • Chartered membership of ICAN/ ACCA required.

Competence Requirements
Core Skills:

  • Knowledge of audit techniques and methods required
  • Knowledge of corporate governance practices
  • Knowledge of finance, accounting, budgeting, and cost control principles
  • Ability to analyze financial data
  • Ability to read large volumes of documents effectively and extract necessary information
  • In-depth understanding of the organization’s business issues
  • Communication & Presentation
  • Good report writing skills
  • Negotiation
  • Working knowledge of Microsoft Office Suite & the Internet.

Generic Skills:

  • Integrity
  • Pro-activity
  • Detail orientation
  • Interpersonal
  • Time Management
  • Organisation
  • Teamwork

Application Deadline: 17th April, 2019.

How to Apply

Interested and qualified candidates should send their CV to: [email protected]with the relevant position applied for as heading.

If you need us to help you with more updated information at the right time about VFD Group Recruitment 2019, kindly provide us your phone number and email Address in the comment box below. Also feel free to ask any question pertaining to this guide.

What’s your take on this? I urge you to use this same opportunity to share this information across to others using our Facebook, twitter or Google+share button below.

CSN Team

Join Over 500,000+ Readers Online Now.

Total Cure for Diabetes => CLICK HERE. Only 15 Product Remaining - Hurry Now!

Subscribe NOW to Latest GIST from CSN PORTAL in Your EMAIL ADDRESS

Copyright Warning: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [[email protected]] to file a complaint and actions will be taken immediately.

Tags: , , , , , , ,

Comments (1)

Trackback URL | Comments RSS Feed

  1. favour says:

    please I just applied for VFD job kindly give me updates on the job 07082161477, [email protected]. tnx