Head, Revenue Assurrance at Unified Payment Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
4 days ago

Additional Details

Job ID
148747
Job Views
26

Job Description






Job Objectives




  • The Head, Revenue Assurance is responsible for providing independent assurance that all revenue-related processes, systems, and controls across the organization are efficient, accurate, and compliant with internal policies and regulatory standards.

  • The role focuses on identifying revenue leakages, assessing the adequacy of revenue controls, and recommending improvements to strengthen financial integrity and operational efficiency.

  • The incumbent will lead revenue-focused audit engagements and collaborate closely with Finance and Accounts, Operations, IT teams and other stakeholders to ensure transparent and reliable revenue reporting.



Duties & / Responsibilities




  • Lead and execute audits and reviews focused on revenue generation, recognition, billing, and collection processes. ▪ Verify the accuracy and completeness of receivables vis-à-vis collections, Scheme Receivables - Amount due to UP as licensed Acquirer for both domestic and international transactions (Visa, MasterCard, Amex, CUP, Payattitude, and others).

  • Verify the completeness and accuracy of file generated on approved transactions processed for local settlement and secondary settlement.

  • Quality checks to forestall duplicate or incomplete submission of clearing files to the different schemes in specified formats and within defined time windows for each scheme

  • Identify revenue leakages, control gaps, and process inefficiencies; recommend and monitor corrective actions.

  • Assess compliance with internal revenue policies, accounting standards (IFRS, GAAP), and regulatory requirements.

  • Monitor revenue risks and emerging control issues that may impact financial reporting accuracy.

  • Ensure audit recommendations are implemented effectively and within agreed timelines.

  • Review revenue-related systems (billing, ERP, POS, etc.) for data integrity and control effectiveness.

  • Collaborate with IT Audit to ensure system configurations support accurate revenue capture and reporting.



Requirements

Education:




  • Bachelor’s Degree in Accounting, Finance, Economics, or related field.

  • Professional certification required: ACA, ACCA, CPA, CISA, CIA, or equivalent.



Experience:




  • Minimum of 10 years relevant experience, with at least 5 years in audit leadership roles focused on revenue assurance, risk management, or financial controls.

  • Experience in banking, telecommunications, insurance, utilities, or large corporate audit environments preferred.

  • Strong understanding of revenue recognition principles, internal controls, and riskbased auditing methodologies.

  • Proven ability to use audit management and data analytics tools (e.g., ACL, IDEA, Power BI, SQL).



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