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  • Posted: Jul 8, 2024
    Deadline: Jul 14, 2024
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  • COMPANY OVERVIEW At SIMS Nigeria Limited, we specialize in the distribution and sales of electronic products from major brands such as SAMSUNG, ROYAL, PARSUN and POWERMATIC. Our business started out in 1987 and since then we have succeeded in carving a niche for ourselves in the home appliances market in Nigeria. We operate a number of branches that cut...
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    Revenue Assurance Team Lead

    Job Description

    • Liaising with sales team on Revenue Forecast and Budget
    • Prepare for submission to management, daily and monthly reconciliation of Sales reports and POS settlement reports by branches.
    • To provide feedback and analysis to management with respect to variances in branch sales reports in comparism with ERP Report
    • To provide feedback and analysis to management with respect to variances in branch sales reports in comparism with Bank inflows.
    • Review daily cash verification report for publication to management
    • Analysis of all end-to-end reconciliation from source and ensuring all sales proceeds are received and processed timely and completely
    • Work with Finance and Operations depts leadership to ensure controls are in place to support the lead to cash process for all revenue streams
    • To provide comprehensive risk analysis to drive internal improvements to mitigate finance risks across the business
    • Ensure end to end POS reconciliations and charges are done by branch accountants and variances reported.
    • To champion revenue leakages issues across the business
    • Management off cash shortage or surplus across the business
    • Conduct investigations into variances/irregularities in income GL lines
    • Prepare exception reports for any variances/irregular balances noted in all income GLs and provide corrective actions
    • Review monthly interest capitalized to ensure correctness.
    • Review of Branch bank reconciliation reports.

    Job Specifications / Experience Requirements

    • A good Degree in Accounting or Finance
    • Membership of ICAN/ACCA, or any other related professional qualification
    • Minimum of 4 years’ experience in similar role.

    Knowledge Requirements:

    • Knowledge of financial and data analytics
    • Knowledge of cash management principles
    • Knowledge of revenue and budget principles and controls
    • Numeric ability
    • Fraud and Risk Management Reporting
    • ERP software Knowledge.

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified candidates should send their Application to: employment@simsng.com using the Job Title as the subject of the mail.

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