Latest Jobs at Unified Payment Services Limited

Job Description

• To ensure accurate and timely recording of all financial transactions in line with company policies, rules and guidelines as well as regulatory standards.
• To ensure that management reports are produced accurately and timely.
• To produce such reports as may be requested my management for the purpose of decision making.
• To supervise designated staff.

Duties& Responsibilities

• Payroll: Ensure that staff salary is paid promptly.
• Ensure remittance of staff pension.
• Inventory Management: To ensure accuracy, completeness and integrity of stock records and balances including Airtime Vending.
• GL Schedules: Ensure that GLs are reviewed and proofed, while errors are detected and corrected promptly.
• GL expense proofing: Ensure that all transactions posted into each expense account and their project codes (if any) belong to such accounts and that there are no duplications.
• Ensure that Expense report is prepared and sent to the required HODs monthly.
• Ensure collection of WHT Credit Notes due to Unified Payments.
• Ensure that Fixed Asset Register is correctly updated and agreed to GL Records.
• Management Accounts: Ensure that Management obtains consistently; timely, accurate and relevant financial information for decision making and planning purposes.
• Staff and Vendor Payments: Ensure that all approved staff and vendor payments or internal requests are effected within agreed timelines.
• Ensure that USD Merchants are settled weekly and in line with terms of agreement with them.
• Staff Loans Administration: Ensure staff loans repayment is in line with Management approvals.
• Ensure Tax Remittances comply with statutory requirements and avoid penalties.
• Delegated tasks: Performing any other tasks as may be assigned from time to time.

Job Requirements

• Education: First Degree in Accounting or any numerate subject.
• Professional membership of ICAN / CIMA / ACCA or similar recognized professional accounting bodies.
• Experience: 7 years and above post NYSC.
• Knowledge Excellent knowledge of cost and financial accounting principles, practices and procedures.
• Knowledge of International Financial Reporting Standards Knowledge of supervisory practices and principles.
• Knowledge of Card Payment industry.

Skill / Competencies:

• Demonstrate ability to cope with pressure and meet deadlines.
• High degree of accuracy.
• Deductive reasoning abilities and eye for details.
• Strong interpersonal and communication skills.
• Advanced Excel user.

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Job Objectives

• To ensure that all qualified transactions from all channels are settled completely and accurately.
• To ensure that all bank accounts are reconciled accurately and timely
• To ensure accurate & timely recording of all financial transactions in line with company policies, rules and guidelines as well as regulatory standards.
• To ensure that management reports are produced accurately and timely
• To produce such reports as may be requested by management for the purpose of decision making
• To supervise designated staff.

Duties & Responsibilities

• Daily Transaction Completeness Check ensuring that all financial transactions qualified for settlement are settled completely
• Daily monitoring of entries in bank accounts for quick and early resolution
• Daily Validation Check to provide assurance that all settled scheme-bounded transactions were sent to relevant schemes for all acquirers.
• Collection Accounts reconciliation (NIS, FRSC collections etc.)
• Monthly reconciliation of all Domiciliary Bank Accounts; ensuring that all Domiciliary Bank account balances are reconciled to the GL each month
• Monthly Local Bank Account Reconciliation, ensuring that all local Bank account balances are reconciled to the GL each month
• Daily Agents' Accounts Monitoring and Reporting
• PayAttitude Global Ltd Accounting functions (Receivables, Payments, Asset Management etc.)
• NIP and Payarena daily reconciliation
• Responsibility for bank correspondences: managing and opening bank accounts
• Stakeholders’ Amount validation: to provide assurance that settled transaction amounts agree with what ought to be settled.
• Liaising and working with external auditors/tax auditors
• Short-Term Investment Management: Investment income computation and tracking and other treasury activities.
• Monitoring and Reporting Liquidity Position, funding of operations and investment of excess funds.
• Payrolls, staff pension and loans repayment administration the
• Tax management for PayAttitude Global Ltd: Ensuring that Tax obligations (VAT, WHT & PAYE etc.) are met within the period specified by the relevant tax laws, filling of annual returns and payment of company income Tax, preparation and submission of PAYE annual returns
• GL reviews and proofing for assigned accounts
• Fixed Asset Calculation Proofing/Reconciliation
• Preparation of Management Accounts
• Staff supervision
• Delegated tasks: Performing any other tasks as may be assigned from time to time.

KPI

• 100% accuracy and integrity of GL data and financial information.
• Timeliness of Reports
• 100% documentation

Requirements
Education Qualification:

• First degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.

Experience:

• Have a minimum of 7 years post-NYSC cognate experience.

Key Competencies Requirements
Knowledge:

• Excellent knowledge of cost and financial accounting principles, practices and procedures.
• Working knowledge of International Financial Reporting Standards
• Knowledge of supervisory practices and principles.
• Knowledge of Card Payment industry.

Skill / Competencies:

• Demonstrate ability to cope with pressure and meet deadlines.
• High degree of accuracy.
• Deductive reasoning abilities and eye for details.
• Strong interpersonal and communication skills
• Advanced Excel user.

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Job Objectives

• To ensure that UP settlement account is always adequately funded to accommodate merchant and stakeholders settlement daily.
• Ensure rendition of monthly Income Reports.

Duties And Responsibilities

• Daily monitoring of Scheme Receivables - Amount due to UP as licensed Acquirer for both domestic and International transactions (Visa, MasterCard, Amex, CUP and Payattitude).
• Daily monitoring of amount due to UP from co-acquirers.
• Daily acquirer obligation to merchants.
• Monitoring and reporting of daily balances into receivables account for settlement from MasterCard Naira.
• Monitoring and reporting daily balances into receivables account for settlement from Visa Naira.
• Monitoring and reporting daily balances into receivables account for settlement from various scheme for Dollar transactions.
• Monitor and report accuracy of debits into the settlement account in favour of merchants, PTSP, PTO, domestic switches and PTSA.
• Monitor and report accuracy of debits into the settlement account in favour ATM settlement.
• Revenue Assurance: Recover PTSP and TO Income (Receivable) from Other Settlement Agents- (e.g ISW & Zenith Bank).
• Review of MSC charged to merchants and clients.
• Recomputation and Assurance of UP's transactional based revenues (PTSP, PTO, Switch, Processing Fee, Acquirer and Acquirer Margin) and other fees charged by UP and collected daily.
• Management Accounts: To ensure that Management obtains timely and consistently relevant financial information for decision making and planning purposes.
• Rendition of Income Reports to stakeholders in agreed format.
• Daily Income Analysis Report.
• GL Schedules: To ensure that errors are detected and corrected promptly for specific GL accounts.
• Accounting correctly in the GL for all schemes (local and international); Fees deductions prior to the Scheme Net Settlement.
• Rendition of Receivable reports.
• Fund recoveries of all single settlement and 2UP disputed merchant transactions.
• Accounting correctly in the GL for all Verve transactions scheme receivables.
• Preparation of disbursement schedule for social welfare scheme.
• Accounting correctly in the GL for revenue earned by UP for all social investment activities’ carried out.
• Accounting correctly in the GL for all payment of scheme receivables.
• Accounting correctly in the GL for UP as merchant receivables (PayArena) and daily tracker of sales against inventory.
• Accounting correctly in the GL for amount due to other PTSPs and PTO (different from UP).
• Treasury Function.

Knowledge Knowledge:

• Good Microsoft Excel skills.
• Presentation skills.

Skill / Competencies:

• Computer skills (Microsoft package).
• Good interpersonal skills.
• Attention to details.
• Critical reasoning and analytical abilities.
• Good writing and oral communication & presentation skills

Key Performance Indicators

• 99% accuracy in settlement.
• Timeliness of Reports.
• 100% Documentation

Job Requirements

• Education: First degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies - added advantage.
• Experience: 4 - 6 years post NYSC.

go to method of application »

Job Objectives

• To ensure that all bank accounts are reconciled accurately and timely
• To ensure accurate & timely recording of all financial transactions in line with company policies, rules and guidelines as well as regulatory standards.
• To produce such reports as may be requested by management for the purpose of decision making.

Duties and Responsibilities

• Daily Monitoring of Entries in Bank Accounts for quick and early resolution
• Collection Accounts Reconciliation (NIS, FRSC collections etc.)
• Monthly reconciliation of all Domiciliary Bank Accounts; ensuring that all Domiciliary Bank account balances are reconciled to the GL each month
• Monthly Local Bank Account Reconciliation, ensuring that all local Bank account balances are reconciled to the GL each month
• Recognition of direct payments and receipts in the General Ledger.
• Raising of Journal Vouchers for resolved reconciling items from Bank Reconciliation
• Responsibility for bank correspondences: managing and opening bank accounts
• Raising of Journal Vouchers for resolved reconciling items from Bank Reconciliation.
• Responsibility for bank correspondences: managing and opening bank accounts.
• Liaising and working with external auditors/tax auditors during Audits.
• Delegated tasks: Performing any other tasks as may be assigned from time to time.
• Ensure completeness, accuracy and timeliness of transactions, analysis, reconciliations and reporting.
• Work closely with various relevant processes/teams to perform daily reconciliation of open.

Job Requirements

• Candidates should possess a First Degree in Accounting or any numerate subject with 4-6 years and above post NYSC.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies would be an added advantage.
• 100% documentation
• 99% accuracy and integrity of GL data and financial information.

Knowledge:

• Excellent knowledge of cost and financial accounting principles, practices and procedures. Knowledge of Card Payment industry.

Skills / Competencies:

• High degree of accuracy.
• Deductive reasoning abilities and eye for details.
• Strong interpersonal and communication skills
• A good influencer and astute leader
• Advanced Excel user.

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Job Description

• To ensure provision of dispute management and ATM settlement services.
• To supervise designated staff.

Duties and Responsibilities

• Ensure that ATM settlement is done and reports delivered to NIBSS for funds movement for all scheme transactions.
• Ensure Banks receive the daily ATM settlement reports for all scheme transactions.
• Ensure Monthly Billing Revenue and Receivable reports are prepared and delivered on a timely basis.
• Ensure that VISA Issuer International/NNS disputes are resolved.
• Ensure efficient Verve Single Settlement Dispute Management.
• Ensure Verve Single Settlement Dispute Funds Recovery.
• Resolve VISA Acquirer International POS and ATM disputes.
• Resolve MasterCard Acquirer International POS disputes.
• Resolve AMEX Acquirer International POS disputes.
• Ensure UBA affiliates receive their daily ATM settlement reports as at when due.
• Provide Dispute Management Report and Risk Chargeback Report.
• Ensure departmental knowledge sharing and skill building.
• Ensure that VISA NNS / INT'L ISSUER POS and ATM disputes are resolved.
• Ensure processing fee collect for funds recovery to issuer's position.
• Ensure processing funds disbursement to acquirer's position.
• Ensure daily balancing and reconciliation of financial report with VSS-120 report for chargeback credit and chargeback reversals that impacted on issuer's account.
• Ensure that declined journals dispute response reports received from acquirers on behalf of the issuers are communicated to banks on daily basis for timely decision.
• Ensure that fee collect is initiated to collect funds from the acquirer whenever acquirer accepts transaction or card scheme rule arbitration case is in favour of the issuer.
• Process pre-arbitration where issuer still continues in dispute.
• Process pre-compliance disputes where acquirer violated any of the visa dispute rules and the action resulted to a financial loss.
• Process arbitration disputes where disputes could not be resolved at pre-arbitration stage.
• Process compliance where disputes could not be resolved at pre-compliance stage.
• Process good faith dispute resolution.
• Ensure dispute stages are well monitored to ensure that banks are not exposed to financial loss as a result of negligence.
• Ensure Banks receive their daily chargeback and dispute response reports.
• Ensure resolution of customer complaints on Dispute Management and ATM settlement issues.
• Ensure that local MasterCard / VISA acquiring disputes are resolved.
• Ensure processing of representment for MIGS chargebacks.
• Monitoring of incoming Scheme chargebacks (MasterCard).
• Checking and sending MasterCard chargebacks to banks and merchants.
• Decline of all approved MasterCard transactions by processing second presentment.
• Attach documents to represented MasterCard chargebacks on MasterCom.
• Monitoring of incoming Scheme chargebacks (AMEX).
• Checking and sending AMEX chargebacks to banks and merchants.
• Decline of all approved AMEX transactions by processing second presentment.
• Delegated tasks: Performing any other tasks as may be assigned from time to time.
• Supervise all assigned marketing services executives to ensure that objectives are met.
• Any other related responsibilities as would be assigned.

Job Requirements

• Education: First degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.
• Experience: 7 years and above post NYSC.

Knowledge:

• Excellent knowledge of accounting principles, practices and procedures.
• Knowledge of supervisory practices and principles.
• Knowledge of Card Payment industry.

Skill / Competencies:

• Demonstrate ability to cope with pressure and meet deadlines.
• High degree of accuracy.
• Deductive reasoning abilities and eye for details.
• Strong interpersonal and communication skills
• Strong analytical skills.

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Job Objective (s)

• Recognition of All Payables, Receivables and Income Due to Unified Payment.
• Daily reconciliation to ensure that all transactions are settled and appropriate msc are used for computation.

Duties and Responsibilities

• Recognition of All Payables, Receivables and Income Due to UP from FRSC card/ Payattitude transactions
• Recognition of All Payables, Receivables and Income Due to UP from NIS E-passport Payarena and Bank branch / Web / Payattitude agents
• Recognition of All Payables, Receivables and Income Due to UP from NIS change of data Payarena @ bank branches / Web (card transactions) and Payattitude
• Recognition of All Payables, Receivables and Income Due to UP from ATM transactions (Visa, MasterCard, Amex and Payattitude)
• Recognition of All Payables, Receivables and Income Due to UP from merchant advance transactions (Linth Integrated)
• Recognition of All Payables, Receivables and Income Due to UP from System Specs POS /Web transactions
• Daily processing of downloaded scheme chargeback for secondary settlement within defined chargeback window.
• Daily reconciliation of chargeback to avoid exposure due to late presentment.
• Daily processing and hosting Base11 files for all clients.
• Daily processing and hosting of VSS files for all clients.
• Recognition of All Payables, Receivables and Income Due to UP from JAMB POS, WEB and Payattitude transactions
• Recognition of All Payables, Receivables and Income Due to UP from JAMB E Pin transactions
• Recognition of All Payables, Receivables and Income Due to UP from Hospital collection
• Recognition of All Payables, Receivables and Income Due to UP from other special merchants
• Recognition of All Payables, Receivables and Income Due to UP from Todays solution collection
• Recognition of All Payables, Receivables and Income Due to UP from School collection
• Recognition of All Payables, Receivables and Income Due to UP from FAAN Collection
• Recognition of All Payables, Receivables and Income Due to UP from WAEC E Pin transactions
• Recognition of Payable, Receivables and income due to UP from Secure ID for Railway corporation transactions
• Recognition of All Payables and Receivables for Sokoto state collection
• Being provision for MC and Visa ATM for Sterling Bank
• Being provision for MC and Visa ATM for First Bank
• FBN-MasterCard ATM Acquiring Report
• Reporting for unsettled merchant/Collecting Agent transactions.
• Daily monitoring of Payarena/Payattitude transactions
• Weekly Recalculation of MSC of UP as an Acquirer Auto Settlement File for the purpose of Revenue Assurance.

Job Requirements

• Education: First Degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies would be an added advantage.
• Experience: 4 - 6 years and above post NYSC.

Knowledge:

• Excellent knowledge of cost and financial accounting principles, practices and procedures.
• Knowledge of Card Payment industry.

Skill / Competencies:

• High degree of accuracy.
• Deductive reasoning abilities and eye for details.
• Strong inter- personal and communication skills.
• A good influencer and astute leader advanced excel user.