Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company that operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.
We are recruiting to fill the position below:
Job Title: Head, Financial Reconciliation
Location: Lagos
Employment Type: Full-time
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.
Application Closing Date
30th June, 2025.
How to Apply
Interested and qualified candidates should send their CV to: opeoluwa.oluyemi@up-ng.com using the Job Title as the subject of the email.