Finance analyst at Unified Payment Services Limited in Victoria Island, Lagos

Position Overview

To guarantee that UP settlement account is always adequately financed to accommodate merchant and participants settlement routine. Ensure rendition of monthly earnings Documentation.

Duties

• Routine supervising of Scheme Outstanding invoices - Amount due to UP as authorized Acquirer for both domestic and International financial record (Visa, MasterCard, Amex, CUP and Payattitude).  Routine supervising of amount due to UP from co-acquirers.
• Routine acquirer obligation to merchants.
• Supervising and status updates of routine balances into outstanding invoices account for settlement from MasterCard Naira.
• Supervising and status updates routine balances into outstanding invoices account for settlement from Visa Naira.
• Supervising and status updates routine balances into outstanding invoices account for settlement from various scheme for Dollar financial record.
• Track and documentation precision of debits into the settlement account in favour of merchants, PTSP, PTO, domestic switches and PTSA.
• Track and documentation precision of debits into the settlement account in favour ATM settlement.
• Income Guarantee: Recover PTSP and TO Earnings (Receivable) from Other Settlement Agents-(e.g ISW & Zenith Bank).
• Evaluate of Master's degree charged to merchants and customers.
• Re-calculation and Guarantee of UP's transactional based revenues (PTSP, PTO, Switch, Processing Fee, Acquirer and Acquirer Margin) and other fees charged by UP and collected routine.
• Management Accounts: To guarantee that Management gains prompt and repeatedly applicable financial information for strategic judgment and organizing purposes.
• Rendition of Earnings Documentation to participants in accepted document structure.  Routine Earnings Evaluation Documentation.
• GL Plans: To guarantee that errors are found and corrected promptly for specific GL Accounts.
• Accounting correctly in the GL for all schemes (local and international); Fees conclusions prior to the Scheme Net Settlement.
• Rendition of Receivable documentation.
• Financial support recoveries of all single settlement and 2UP disputed merchant financial record.
• Accounting correctly in the GL for all Verve financial record scheme outstanding invoices.
• Project setup of disbursement timetable for community-related welfare scheme.
• Accounting correctly in the GL for income acquired by UP for all community-related financial funding initiatives’ carried out.
• Accounting correctly in the GL for all payment of scheme outstanding invoices.
• Accounting correctly in the GL for UP as merchant outstanding invoices (PayArena) and routine tracker of sales against stock.
• Accounting correctly in the GL for amount due to other PTSPs and PTO (different from UP).  Treasury Operation.

KPI

• 99% precision in settlement
• Timeliness of Documentation
• 100% Recordkeeping

Qualifications Education:

First Academic qualification in Accounting or any numerate subject. Specialist membership of ICAN/CIMA/ACCA or similar identified specialist accounting bodies

Expertise:

At least 4 years’ expertise post service.

Ability / Skills:

• Computer competencies (Microsoft bundle)
• Good people skills.
• Attention to description
• Critical reasoning and logical abilities
• Good drafting and spoken communication information exchange & public speaking Expertise
• Good Excel spreadsheet software competencies.
• Public speaking.