Job Objectives
The Revenue Assurance Officer is responsible for performing audits and reviews focused on ensuring the accuracy, completeness, and integrity of the organization's revenue processes.
The role supports the audit function by identifying areas of revenue leakage, control weaknesses, and non-compliance, while recommending corrective actions to enhance revenue performance and financial reliability.
The incumbent collaborates with Finance, Operations, IT, and Commercial teams to strengthen controls and optimize revenue management.
Duties & Responsibilities
Monthly Review, analysis and production of report on revenue assurance and leakages over fee income/settlement and operations covering ATM Fee recomputation (MASTERCARD & VISA Transaction), POS-PTSP fee Income recomputation, Terminal Deployment income recognition and all other Income lines.
Verify the accuracy of revenue recognition, ensuring compliance with accounting and regulatory standards.
Conduct revenue assurance audits and reviews across billing, invoicing, collections, and reporting processes.
Confirm accuracy, adequacy, completeness and prompt settlement of merchant(s) vis-à-vis the approved transactions in line with the terms of engagement.
Identify potential revenue leakages or discrepancies and recommend remediation measures.
Review contracts, service agreements, and pricing structures to confirm correct billing and revenue treatment.
Perform data analysis using audit tools (e.g., Excel, ACL, IDEA, Power BI) to detect anomalies and revenue inconsistencies.
Review system configurations (billing systems, ERP, CRM, POS, etc.) for accuracy and alignment with approved business rules.
Support automation initiatives to enhance audit testing and data integrity.
Ensure compliance with internal revenue policies, IFRS/GAAP standards, and regulatory requirements.
Requirements
Education: Bachelor's Degree in Accounting, Finance, Economics, or related fields
Professional certification (or progress toward) ACA, ACCA, CPA, CIA, or CISA preferred.
Minimum of 5 years' experience in internal audit, risk management, or revenue assurance roles.
Strong knowledge of revenue processes, internal controls, and audit methodologies.
Experience with ERP systems (SAP, Oracle, etc.) and billing platforms is an advantage.
Key Skills / Competencies:
Strong analytical and problem-solving skills.
Attention to detail and commitment to accuracy.
Sound understanding of audit procedures and control frameworks.
Proficiency in data analytics tools (Excel, ACL, Power BI, SQL, etc.).
Good communication and report-writing skills.
High ethical standards, integrity, and professionalism.