Senior Associate, Revenue and Credit Controls at Nile University of Nigeria

We are currently looking to engage a highly competent and result-oriented Senior Associate, Revenue and Credit Controls with strong personal & professional integrity to join our dynamic team.

Responsibilities

The Senior Associate, Revenue and Credit Controls will be responsible for managing revenue streams, ensuring financial compliance, and implementing effective credit controls. 

He/she will work closely with the finance team to optimize revenue processes, monitor credit risks, and contribute to the institution\'s financial sustainability

He/she is expected to;

• Oversee the end-to-end revenue cycle, from student fee collection to institutional income.
• Develop and implement strategies to optimize revenue generation and ensure financial sustainability.
• Collaborate with student services to address inquiries related to student accounts and oversee the accounts to ensure accurate recording and reconciliation of fees.
• Assess and monitor credit risks through the implementation of credit control policies and procedures and other measures to minimize bad debt.
• Identify opportunities for process improvements in revenue and credit control functions and provide insightful analysis to support decision-making and strategic planning.
• Implement efficient and effective financial processes by ensuring compliance with financial regulations, internal policies, and external reporting requirements.
• Laise with auditors to facilitate financial audits and generate regular reports on revenue performance, credit metrics, and financial compliance.
• Manage billing and invoicing processes for tuition fees, grants, and other revenue sources.
• Ensure accuracy in financial transactions and compliance with relevant regulations.
• Collaborate and communicate effectively with internal and external stakeholders, including academic departments, student services, and finance teams, government agencies, banks, and other financial partners.
• Develop, implement, and monitor internal controls to safeguard financial assets and ensure compliance with company policies and regulations.
• Ensure adherence to tax regulations, prepare and review tax returns, and stay updated on changes in tax laws.

Qualification & Experience

• Bachelor’s degree in Finance, Accounting, Business, or a related field. 
• A minimum of 5 years’ proven experience in revenue management, credit controls, or a similar financial role within an educational institution.
• Exposure and insight into higher education and business schools.
• Demonstrated ability to work with a diverse range of stakeholders and manage their priorities. Strong knowledge of financial regulations, credit analysis, and accounting principles.
• Analytical, problem-solving, and communication skills.