Group Revenue Assurance Manager at Wakanow

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
41375
Job Views
129

Job Description



Purpose of Job



  • Group Revenue Assurance Manager will oversee revenue management and the implementation of controls to minimize revenue leakage.

  • This role will contribute to Wakanow overall financial stability and growth by ensuring the accuracy and completeness of our revenue streams.


Responsibilities



  • Develop processes and procedures to drive operational efficiencies, assist in development and meeting of departmental budget.

  • Provide research and analytics to the business to identify potential trends, anomalies, risks and opportunities for improvement, making suggested recommendations on areas where we can improve financial or operational performance.

  • Conduct periodic audits and reconciliations to detect discrepancies, investigate root causes, and provide timely resolutions for any revenue-related issues.

  • Create and efficiently execute plans to address revenue leakages.

  • Analyze actions initiated or proposed in response to audit recommendations and monitors the completion of corrective actions and necessary, advises management of non-compliance.

  • Perform ad-hoc analysis to predict, measure and interpret business trends, while owning and managing the successful execution of business performance programs.

  • Identify opportunities for cost, product, program, revenue and process improvement with a focus on driving significant growth.

  • Execute analysis and modeling that translates data into actionable insights

  • Research and analyze key business drivers, trends and operating metrics.

  • Lead the preparation and publishing of metric forecasting and reporting, and communicate findings on a regular basis to all levels of management.

  • Control revenue leakage in terms of lost revenue (process, technology, human errors), stolen revenue (bad debt, fraud), missed revenue (improper marketing, problems at product launch).

  • Oversee billings, credit adjustments, and refunds on monthly basis.

  • Perform financial modeling of contracts with airlines to ensure accurate revenue recognition and evaluate the financial impact of various contractual terms and conditions.


Key Skills & Competencies Requirements

Functional/ Technical:



  • Bachelor's Degree in Finance, Economics, or a related field; a professional certification such as CFA, ACCA, ACA, or FMVA is highly desirable.

  • Minimum of 7 years of experience in treasury, finance, or a related field, with a proven track record of managing multi-currency and multi-jurisdictional treasury operations.

  • Knowledge of generally accepted accounting and internal control principles

  • Ability to write advanced SQL and analyze large data sets

  • Knowledge of financial reporting

  • Knowledge of local, state and federal laws regarding accounting, finance and taxation

  • Strong IT literacy, Microsoft Excel in particular


Behavioural:



  • Communication and Presentation

  • Excellent Analytical, Reasoning and Problem-Solving Skills


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