Head, Revenue Assurance at Unified Payment Services Limited

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).