Head, Revenue Assurance Job at Unified Payment Services Limited

Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company that operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.

We are recruiting to fill the position below:

Job Position: Head, Revenue Assurance

Job Location: Lagos 
Employment Type: Full-time
Functionally Reports To: Group Head, Audit and Assurance

Job Objective(s)

• 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 & Responsibilties

• 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.
• Verify the complete and accuracy of reprocessing rejected file or transactions where applicable and submission within defined time window for each scheme to prevent late presentment.
• Provide regular oversight on the processing of approved transactions (clearing) for international scheme settlements.
• Conduct oversight review on chargeback reconciliation to mitigate exposure from late presentment.
• To provide assurance on dispute and settlement management.
• Automate the revenue assurance review processes to improve speed, enhance audit plan coverage, and ensure accuracy and completeness.
• Develop and maintain a risk-based revenue audit plan aligned with organizational priorities.
• Evaluate the design and effectiveness of internal controls over revenue-related processes.
• 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.

Key Performance Indicators

• Reduction in identified revenue leakage
• Improvement in control maturity ratings
• Timeliness and quality of audit reporting
• Stakeholder satisfaction (management and audit committee feedback).

Requirements
Experience:

• 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 of 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).

Skill / Competencies:

• Strong analytical, investigative, and problem-solving skills.
• Excellent understanding of audit standards and enterprise risk management frameworks.
• Exceptional report writing and presentation skills.
• Strong leadership and stakeholder engagement skills.
• High ethical standards and professional integrity.
• Proficiency in data analytics and financial systems.

Method of Application 
Interested and qualified candidates should send their CV to: mercy.joseph@up-ng.com using the Job Position as the subject of the email.