Head, Financial Reconciliation at Unified Payments Services Limited

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.