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FINANCIAL REPORTING COUNCIL OF NIGERIA-<p>CALL FOR EXPRESSION OF INTEREST: REVENUE ANALYSIS AND GENERATION CONSULTANT (RAGC)

FINANCIAL REPORTING COUNCIL OF NIGERIA
CALL FOR EXPRESSION OF INTEREST (EOI):
REVENUE ANALYSIS AND GENERATION CONSULTANT (RAGC)

The Financial Reporting Council (FRC/Council) of Nigeria is a regulatory agency of the Federal Government that promotes trade and investment in Nigeria by ensuring high quality financial reporting and corporate governance standards. Accordingly, the Council sets, monitors and enforces compliance with Accounting, Financial Reporting, Auditing, Valuation, actuarial and Corporate Governance Standards in Nigeria.

In line with its powers under section 7(2) (b) of the FRC Act 2011 (as amended), the Council is seeking applications from suitably qualified individuals or firms for the position of a Revenue Analysis and Generation Consultant.

Revenue Analysis and Generation Consultant (RAGC).

As an RAGC, you will play a critical role in assessing and enhancing the revenue streams based on the laws and regulations guiding FRC with the aim of ensuring the inflow of expected funds into FRC. Your expertise will contribute to helping FRC achieve the laudable programs it has set out to achieve and give the council its required independence to carry out its mandate.

Job Description:

  • Assess the revenue streams and profile currently in operation by the FRC.
  • Explore the provisions of the FRC Act 2011 (as amended) to identify the revenue opportunities therein.
  • Evaluate the level of compliance of public interest entitles and professionals to the FRC Act 2011 (as amended) in relation to payment of annual dues to the Council.
  • Develop an effective system for the identification and generation of revenues into the Council pursuant to the FRC Act.
  • Drive the generation of the required revenue within the parameters to be set in conjunction with the Council
  • Work closely with the Council to achieve set targets on revenue generation.
  • Develop database of all Public Interest Entities (PIEs) in accordance with the Act 2011 (as amended).

Remuneration:

Remuneration shall be outcomes-based.

Interested firms or individuals are required to submit expressions prepared in English language with the following requirements which shall be used as criteria for preliminary selection.

Pre-requisites for Individual Professionals/Experts

  1. Evidence of registration with Financial Reporting Councils of Nigeria (FRC) as an assurance or governance expert
  2. Evidence of job proficiency and sound experience in the field of Revenue mobilization and generation based on previous employment experience from the public or private sector.
  • Verifiable reference of related services rendered.
  1. Sector/industry specialization will be an added advantage.
  2. Curriculum Vitae supported by professional certificates, registered and functional contact information.
  3. Evidence of personal income tax clearance for the last three years

Pre-requisites for Firms/Registered Businesses:

  1. Evidence of Certificate of Incorporation or Certificate of Registration of Business Name issued by the Corporate Affairs Commission (CAC) including Form CAC1.1 or CAC2 and CAC7 or other form showing the particulars of the film/business.
  2. Evidence of Firm’s Income Tax Clearance Certificate (or Personal Income Tax Clearance Certificate of all the Partners in Case of Business Name) for the last three (3) years valid till 31st December, 2022.
  • Verifiable references of related services rendered.
  1. References of satisfactory performance on similar projects from three previous clients
  2. All documents for submission must be transmitted with a Covering/Forwarding letter under the Company/Firm’s Letter Head Paper bearing amongst others, the Registration Number (RC) or Business Name Number (BN) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.) and e-mail address.

Qualified candidates/firms are invited to submit their Expression of Interest (EOI) (with Subject Reference: RAGC) to revenue@frcnigeria.gov.ng

For more information please visit www.frcnigeria.gov.ng. Deadline for submission is Wednesday, July 17, 2024.

Signed
Dr. Rabiu Olowo
Executive secretary/CEO
Financial Reporting Council of Nigeria (FRC)

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