Head, Revenue Assurance

Job title : Head, Revenue Assurance

Job Objectives

• The Head, Revenue Assurance is responsible for providing independent assurance that all revenue-related processes, systems, and controls across the organization are efficient, accurate, and compliant with internal policies and regulatory standards.
• The role focuses on identifying revenue leakages, assessing the adequacy of revenue controls, and recommending improvements to strengthen financial integrity and operational efficiency.
• The incumbent will lead revenue-focused audit engagements and collaborate closely with Finance and Accounts, Operations, IT teams and other stakeholders to ensure transparent and reliable revenue reporting.

Duties & Responsibilities

• Lead and execute audits and reviews focused on revenue generation, recognition, billing, and collection processes.
• Verify the completeness and accuracy of file generated on approved transactions processed for local settlement and secondary settlement.
• Quality checks to forestall duplicate or incomplete submission of clearing files to the different schemes in specified formats and within defined time windows for each scheme.Verify the complete and accuracy of reprocessing rejected file or transactions where applicable and submission within defined time window for each scheme to prevent late presentment.
• Provide regular oversight on the processing of approved transactions (clearing) for international scheme settlements.
• Conduct oversight review on chargeback reconciliation to mitigate exposure from late presentment.
• To provide assurance on dispute and settlement management. 
• Automate the revenue assurance review processes to improve speed, enhance audit plan coverage, and ensure accuracy and completeness. 
• Develop and maintain a risk-based revenue audit plan aligned with organizational priorities. 
• Evaluate the design and effectiveness of internal controls over revenue-related processes.
• Identify revenue leakages, control gaps, and process inefficiencies; recommend and monitor corrective actions.
• Assess compliance with internal revenue policies, accounting standards (IFRS, GAAP), and regulatory requirements.
• Monitor revenue risks and emerging control issues that may impact financial reporting accuracy.
• Ensure audit recommendations are implemented effectively and within agreed timelines.
• Review revenue-related systems (billing, ERP, POS, etc.) for data integrity and control effectiveness.
• Collaborate with IT Audit to ensure system configurations support accurate revenue capture and reporting.

Job Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or related field.
• Professional certification required: ACA, ACCA, CPA, CISA, CIA, or equivalent.
• Minimum of 10 years relevant experience in audit leadership roles focused on revenue assurance, risk management, or financial controls.
• Experience in banking, telecommunications, insurance, utilities, or large corporate audit environments preferred.
• Strong understanding of revenue recognition principles, internal controls, and risk based auditing methodologies.
• Proven ability to use audit management and data analytics tools (e.g., ACL, IDEA, Power BI, SQL).