• Application Deadline: Wed, 30 Nov 2022 00:00:00 GMT
• Position: Revenue Assurance Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 7 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Objective

• To ensure accurate revenue recognition across all GL lines and avoid income leakages in the Bank

Specific Roles and Responsibilities

• Coordinate the preparation of Head Office (FINCON) proofs and review of proofs of other assets & liabilities from Head Office units.


• Ensure prompt review of all revenue generating streams in the Bank using SQL and ACL scripts.


• Ensure timely preparation of Yield Report to proactively identify potential leakages within the revenue platforms due to incorrect pricing, operational inefficiencies, missing transactions and un-priced transactions are adequately plugged


• Ensure follow-up on resolution of all exceptions.


• Ensure corrective actions for abnormal and irregular balances in all GL.


• Ensure identification of revenue drivers and underlying variables towards maximization of revenues.


• Ensure regular preparation of Management reports on revenue streams.


• Ensure preparation of Income Statement trend report and review accordingly for quality check.


• Training of staff across the bank on ACL to facilitate automation of manual processes thus reducing errors in revenue lines and postings.


• Review report prepared by team for quality control and resolve all variations identified.


• Ensure the preparation of Variance Analyses of all income and expenses. As well as preparation of Exception reports for all.


• Ensure inter-affiliate revenue recognition.

Staff at Data Collection/Handling Points:

• Maintains expert knowledge of data protection law and practices, and other professional qualities to ensure that Ecobank complies with the data protection requirements and relevant NDPR compliance guidelines;


• Liaison with those responsible for risk management and security issues within the Bank;


• The interpretation and application of the various exemptions applicable to the processing of personal data.

Key Performance Indicators

Perspective - Objective - Measure:

• Financial - Non-Performing Loans Recovered - Preparation of Schedule of loan loss provision and NPL to facilitate recoveries.


• Financial - Key Process #Completed Per period - Ensure no material audit adjustment in respect of other assets and liabilities.


• Customer - Key Process #TAT/SLA - Coordination of the internal and external audit process.


• Customer - Unresolved Audit Issues - Ensure clearance of all audit exceptions.


• People - Mandatory Training Programme Completed - Facilitate in-house training sessions and develop appropriate skills for back-ups.


• Process - Key Process #Completed Per Period - Ensure preparation schedule of other assets and liabilities.


• Process - Key Process #Completed Per Period - Ensure timely processing of amortization and accruals.


• Process - Key Process #Completed Per Period - Ensure preparation of exception report on long outstanding items and potential losses.


• Process - Key Process #Completed Per Period - Ensure no penalty from CBN/Regulator as a result of ineffective GL Management.


• Process - Key Process #Completed Per Period - Ensure preparation of Yield Volume Cost Report and report on income statement review.


• Strategic - Strategic Initiative - Supervise reconciliation between CBN and Management returns for correctness.

Job Requirements

Educational Qualifications and Experience:

• B.Sc Degree or its equivalence


• Professional Accounting, ACA, ACCA, CISA e.t.c. is an added advantage


• A minimum of 7 years in Finance role.

Skills:

• Analytical skill


• Interpersonal and Presentation Skill


• Good writing skills


• Coaching ability

Knowledge:

• Adequate knowledge of Microsoft excel & PowerPoint Presentation


• Key knowledge of SQL, ACL scripting and Power BI


• Key knowledge of Macroeconomic indicators


• Financial Statement Analysis

Personalities and attributes:

• Effective supervisory and leadership skill

Any Additional Information:

• A good overview of the Industry generally and the Finance function specifically is required.