Revenue Assurance Specialist at Unified Payment Services Limited

Job Objectives

• The Revenue Assurance Officer is responsible for performing audits and reviews focused on ensuring the accuracy, completeness, and integrity of the organization’s revenue processes.
• The role supports the audit function by identifying areas of revenue leakage, control weaknesses, and non-compliance, while recommending corrective actions to enhance revenue performance and financial reliability.
• The incumbent collaborates with Finance, Operations, IT, and Commercial teams to strengthen controls and optimize revenue management.

Duties & Responsibilities

• Monthly Review, analysis and production of report on revenue assurance and leakages over fee income/settlement and operations covering ATM Fee recomputation (MASTERCARD & VISA Transaction), POS-PTSP fee Income recomputation, Terminal Deployment income recognition and all other Income lines.
• Verify the accuracy of revenue recognition, ensuring compliance with accounting and regulatory standards.
• Conduct revenue assurance audits and reviews across billing, invoicing, collections, and reporting processes.
• Confirm accuracy, adequacy, completeness and prompt settlement of merchant(s) vis-à-vis the approved transactions in line with the terms of engagement.
• Identify potential revenue leakages or discrepancies and recommend remediation measures.
• Review contracts, service agreements, and pricing structures to confirm correct billing and revenue treatment.
• Perform data analysis using audit tools (e.g., Excel, ACL, IDEA, Power BI) to detect anomalies and revenue inconsistencies.
• Review system configurations (billing systems, ERP, CRM, POS, etc.) for accuracy and alignment with approved business rules.
• Support automation initiatives to enhance audit testing and data integrity.
• Ensure compliance with internal revenue policies, IFRS/GAAP standards, and regulatory requirements.

Requirements

• Education: Bachelor’s Degree in Accounting, Finance, Economics, or related fields
• Professional certification (or progress toward) ACA, ACCA, CPA, CIA, or CISA preferred.
• Minimum of 5 years’ experience in internal audit, risk management, or revenue assurance roles.
• Strong knowledge of revenue processes, internal controls, and audit methodologies.
• Experience with ERP systems (SAP, Oracle, etc.) and billing platforms is an advantage.

Key Skills / Competencies:

• Strong analytical and problem-solving skills.
• Attention to detail and commitment to accuracy.
• Sound understanding of audit procedures and control frameworks.
• Proficiency in data analytics tools (Excel, ACL, Power BI, SQL, etc.).
• Good communication and report-writing skills.
• High ethical standards, integrity, and professionalism.