United Bank for Africa (UBA) PLC is a leading pan-African financial services institution with a global footprint. We have a clear purpose to be a role model for African businesses by creating superior value for all our stakeholders.
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As part of the Finance team, the revenue assurance officer will be responsible for ensuring that revenue risks & any potential revenue leakage is timely identified and addressed, implementing established processes to audit internal controls across the entire revenue cycle. This is a broad-based substantive analysis & audit role required to provide comprehensive assurance services across the entire spectrum of the banks revenues, with a view to ensure sufficient coverage of scope overall revenue transaction types.
ROLES & RESPONSIBILITIES:
Performing regular reconciliation and analysis of revenue streams.
Documenting revenue flows across critical functions and monitors the same.
Managing any issue that potentially impacts revenues, from identification through to quantification through to resolution.
Measuring and tracking KPIs and outcomes against standards, while planning and taking corrective action where required.
Acting as a Revenue Assurance Subject Matter Expert on projects / initiatives
Work with cross-functional teams in resolving financial and revenue related issues.
Perform revenue analysis, calculations and reporting on monthly basis.
Develop new strategies to improve accuracy and timeliness of revenue management.
Develop internal finance controls based on industry best practices.
EXPERIENCE:
Prior experience in Banking
CPA or part qualified accountant
Minimum 5 years work experience in either accounting, audit or data analysis
Holder of an equivalent bachelor's degree in a finance related discipline, economics and/or any other business-related field
Knowledge of revenue related risks & internal controls, accounting principles and procedures
Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
Proactive critical thinker with effective planning, scheduling and time management skills
Highly disciplined, mature and well organized, with a systematic, structured work approach
Highly effective interpersonal, problem solving & coordination skills
Highly effective written & verbal reporting (communication) skills
KEY KPI’s
Reliability & Integrity of Revenue Forecast
Reliability & Integrity of Revenue Reported
Minimizing Revenue Leakage & Loss
Enforcing Compliance to Revenue Policies
Timely Resolution of Issues Escalated
Maintaining Sustainable Daily Operations
Availability of Complete Documentation for all Audit Procedures carried out through each revenue cycle process.