FoliXx Hospitality a company incorporated under the laws of the Federal Republic of Nigeria with RC Number, RC1518225 and its registered address at 142, Lekki Epe Expressway Elegushi, Ikate Lekki, Lagos State.
Established
in 2018, FoLiXx Hospitality provides a sophisticated and contemporary
entertainment experience. From renowned themed nightlife events and live
performances to exceptional restaurants and special occasions.
We
are recruiting to fill the position below:
Job Title: Compliance Accountant
Location: Lekki, Lagos
Employment Type: Full-time
Job Summary
- We are seeking a highly analytical, detail-oriented, and
technology-driven Compliance Accountant to provide financial compliance,
control, and oversight across all business units.
- This role goes beyond traditional accounting.
- The successful candidate will be responsible for ensuring that each
business unit operates in line with approved financial controls, company
policies, statutory requirements and regulatory obligations, while using
AI-enabled tools, data analytics and automated monitoring systems to
strengthen oversight, detect irregularities and improve management
visibility.
- The Compliance Accountant will serve as an independent
financial-control function, reviewing transactions and processes across
the organisation and ensuring that exceptions, discrepancies and
non-compliance issues are identified, investigated and resolved promptly.
Key Responsibilities
Internal
Financial Compliance & Control:
- Monitor financial activities across all business units to ensure
compliance with approved accounting procedures, operational controls and
company policies.
- Review revenue, expenses, purchases, payments, cash movements,
inventory transactions, discounts, complimentary transactions, refunds,
and other financial activities for irregularities or control weaknesses.
- Perform routine and surprise compliance reviews across business
units.
- Review daily and periodic reconciliations and ensure discrepancies
are investigated and properly resolved.
- Monitor adherence to approval limits, procurement procedures,
payment authorisations and expenditure controls.
- Review supporting documentation for transactions to ensure
completeness, accuracy and proper authorisation.
- Identify revenue leakage, unusual transactions, duplicate payments,
unsupported expenses and other financial-control risks.
- Review inventory, stock movement and consumption records and
investigate significant variances.
- Monitor compliance with established cash-handling, POS, banking and
revenue-reconciliation procedures.
- Ensure appropriate segregation of duties and highlight areas where
financial controls may be compromised.
- Track audit and compliance findings to ensure responsible
departments implement agreed corrective actions.
External
& Statutory Compliance:
- Ensure the organisation complies with applicable tax, financial,
statutory and regulatory obligations.
- Coordinate the preparation, review and timely submission of required
statutory returns and supporting schedules.
- Monitor compliance relating to VAT, withholding tax, PAYE, corporate
tax and other applicable statutory obligations.
- Maintain accurate records and documentation required for external
audits, tax reviews and regulatory inspections.
- Work closely with external auditors, tax consultants, regulatory
bodies and other professional advisers where required.
- Maintain a compliance calendar showing filing dates, payments,
licence renewals and other statutory obligations.
- Immediately escalate potential regulatory exposure, penalties or
unresolved compliance issues to Management.
AI-Driven
Compliance & Business Oversight:
- A major responsibility of this position will be the effective use of
Artificial Intelligence, automation and data analytics to improve
financial oversight across all business units.
The
Compliance Accountant will be expected to:
- Use approved AI and analytical tools to continuously review
financial and operational data across multiple business units.
- Use automated analysis to identify unusual patterns, abnormal
expenditure, revenue inconsistencies, duplicate transactions, inventory
variances and potential financial leakage.
- Establish exception-based monitoring so that transactions outside
approved parameters are quickly identified for investigation.
- Use AI-supported reconciliation tools to compare sales, POS, bank
deposits, inventory, purchases and accounting records.
- Develop automated alerts for overdue reconciliations, unresolved
variances, policy breaches and abnormal transaction patterns.
- Apply AI tools to analyse historical financial data and identify
recurring weaknesses or areas requiring stronger controls.
- Review outputs generated by AI systems critically and independently;
AI recommendations must support professional judgement and should never
replace proper accounting verification or investigation.
- Continuously identify opportunities to automate repetitive
compliance checks while improving accuracy, speed and management
reporting.
- Work with Management and relevant technology teams to improve
integration between accounting, inventory, POS, procurement and
operational systems.
Multi-Unit
Compliance Oversight:
The Compliance Accountant will provide financial-control oversight across the
Group and will be expected to:
- Conduct structured compliance reviews across assigned business
locations.
- Compare financial and operational performance between units to
identify unusual trends or inconsistencies.
- Ensure standard financial-control procedures are consistently
implemented across all locations.
- Maintain a central register of financial-control breaches, findings,
responsible officers, and corrective actions.
- Follow identified issues through to closure rather than merely
reporting exceptions.
- Escalate recurring violations or significant control failures to
Management.
- Provide independent financial intelligence that helps Management
understand where money is being lost, controls are being bypassed or
operational processes require improvement.
Audit,
Investigation & Risk Management:
- Support internal and external financial audits.
- Conduct preliminary investigations into financial discrepancies,
irregular transactions and suspected policy violations.
- Perform root-cause analysis on recurring reconciliation or
compliance problems.
- Review system access, transaction approvals and financial workflows
for potential control vulnerabilities.
- Maintain appropriate documentation and evidence for compliance
investigations.
- Recommend corrective measures to strengthen controls and prevent
recurrence.
- Maintain a financial and compliance risk register and regularly
update Management on significant exposures.
Financial
Reporting & Management Intelligence:
- Prepare structured weekly and monthly compliance reports for
Management.
- Report on exceptions, reconciliations, statutory obligations,
control breaches and outstanding corrective actions.
- Develop dashboards showing key compliance indicators across all
units.
- Provide clear analysis rather than simply presenting raw accounting
data.
- Highlight financial risks, unusual patterns and areas requiring
immediate management attention.
- Present recommendations for strengthening processes, reducing
leakage and improving accountability.
Qualifications
- Bachelor's degree or HND in Accounting, Finance or a related
discipline.
- Professional qualification such as ACA, ACCA, ICAN or equivalent is
required.
- 3–5 years' relevant experience in accounting, internal control,
audit, compliance or financial operations.
- Strong understanding of accounting principles, reconciliations,
financial controls and statutory compliance.
- Good knowledge of Nigerian tax and financial regulatory
requirements.
- Strong Excel and financial-data analysis skills.
- Experience with accounting, ERP, POS, or inventory-management
systems.
- Strong understanding of internal-control frameworks and
financial-risk management.
- Ability to analyse large volumes of transactions and identify
inconsistencies.
Salary
N600,000
- N700,000 per annum.
Application Closing Date
14th
September, 2026.
How to Apply
Interested
and qualified candidates should:
Click here to apply online
