Head, Financial Analysis 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 Analysis

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• 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 by management for the purpose of decision making.
• To supervise designated staff.

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 monitoring of 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.
• Monthly invoicing to Banks and Customers.
• Receivable collection through Settlement via NIBSS.
• To ensure timely execution of contractual agreement via NIBSS as they fall due.
• Ensure that Management obtains timely and consistently relevant financial information for decision making and planning purposes.
• Rendition of monthly Income Reports to stakeholders in agreed format.
• Daily Income Analysis Report.  GL Schedules: Ensure that GLs are reviewed and proofed, while errors are detected and corrected promptly.
• GL Data Capture of Receivables: Ensure that all debtors are fully recognised in the book and properly accounted for in the GL.
• Ensure 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.
• Accounting correctly in the GL for all Project incomes, annual invoices and amortised transactions.
• 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.
• Delegated tasks: Performing any other tasks as may be assigned from time to time.
• In partnership with HR, responsible for attracting, hiring, motivating, engaging and retaining employees in their units/departments and directorates by institutionalizing a positive work culture, fostering career growth through training and advancement opportunities, encouraging open communication and feedback, recognizing contributions, and ensuring fair and inclusive practices.

Requirements

• Education: First Degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.
• Experience: 10 years experience post NYSC.

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 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.

Application Closing Date
29th August, 2025.

How to Apply
Interested and qualified candidates should send their CV to: judith.okolie@up-ng.com using the Job Title as the subject of the email.