Revenue Assurance Manager at Ecobank Nigeria

Ecobank Nigeria

Job Title: Revenue Assurance Manager

Job Identification: 178
Location: Victoria Island, Lagos 
Job Schedule: Full time

*View and apply for more >>>Finance Jobs Vacancies in Nigeria, Accounting Jobs Vacancies in Nigeria, Cashier Jobs Vacancies in Nigeria, POSTS

Job Objective

  • To ensure accurate revenue recognition across all GL lines and avoid income leakages in the Bank

Specific Roles and Responsibilities

  • Coordinate the preparation of Head Office (FINCON) proofs and review of proofs of other assets & liabilities from Head Office units.
  • Ensure prompt review of all revenue generating streams in the Bank using SQL and ACL scripts.
  • Ensure timely preparation of Yield Report to proactively identify potential leakages within the revenue platforms due to incorrect pricing, operational inefficiencies, missing transactions and un-priced transactions are adequately plugged
  • Ensure follow-up on resolution of all exceptions.
  • Ensure corrective actions for abnormal and irregular balances in all GL.
  • Ensure identification of revenue drivers and underlying variables towards maximization of revenues.
  • Ensure regular preparation of Management reports on revenue streams.
  • Ensure preparation of Income Statement trend report and review accordingly for quality check.
  • Training of staff across the bank on ACL to facilitate automation of manual processes thus reducing errors in revenue lines and postings.
  • Review report prepared by team for quality control and resolve all variations identified.
  • Ensure the preparation of Variance Analyses of all income and expenses. As well as preparation of Exception reports for all.
  • Ensure inter-affiliate revenue recognition.

Staff at Data Collection/Handling Points:

  • Maintains expert knowledge of data protection law and practices, and other professional qualities to ensure that Ecobank complies with the data protection requirements and relevant NDPR compliance guidelines;
  • Liaison with those responsible for risk management and security issues within the Bank;
  • The interpretation and application of the various exemptions applicable to the processing of personal data.

Key Performance Indicators
Perspective – Objective – Measure:

  • Financial – Non-Performing Loans Recovered – Preparation of Schedule of loan loss provision and NPL to facilitate recoveries.
  • Financial – Key Process #Completed Per period – Ensure no material audit adjustment in respect of other assets and liabilities.
  • Customer – Key Process #TAT/SLA – Coordination of the internal and external audit process.
  • Customer – Unresolved Audit Issues – Ensure clearance of all audit exceptions.
  • People – Mandatory Training Programme Completed – Facilitate in-house training sessions and develop appropriate skills for back-ups.
  • Process – Key Process #Completed Per Period – Ensure preparation schedule of other assets and liabilities.
  • Process – Key Process #Completed Per Period – Ensure timely processing of amortization and accruals.
  • Process – Key Process #Completed Per Period – Ensure preparation of exception report on long outstanding items and potential losses.
  • Process – Key Process #Completed Per Period – Ensure no penalty from CBN/Regulator as a result of ineffective GL Management.
  • Process – Key Process #Completed Per Period – Ensure preparation of Yield Volume Cost Report and report on income statement review.
  • Strategic – Strategic Initiative – Supervise reconciliation between CBN and Management returns for correctness.

Job Requirements
Educational Qualifications and Experience:

  • B.Sc Degree or its equivalence
  • Professional Accounting, ACA, ACCA, CISA e.t.c. is an added advantage
  • A minimum of 7 years in Finance role.

Skills:

  • Analytical skill
  • Interpersonal and Presentation Skill
  • Good writing skills
  • Coaching ability

Knowledge:

  • Adequate knowledge of Microsoft excel & PowerPoint Presentation
  • Key knowledge of SQL, ACL scripting and Power BI
  • Key knowledge of Macroeconomic indicators
  • Financial Statement Analysis

Personalities and attributes:

  • Effective supervisory and leadership skill

Any Additional Information:

  • A good overview of the Industry generally and the Finance function specifically is required.

Application Closing Date
30th November, 2022; 18:00

How to Apply
Interested and qualified candidates should:
Click here to apply online

View All Latest Jobs In Nigeria