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: Financial Analyst

Location: Victoria Island, Lagos

Employment Type: Full-time

Job Summary

• To ensure that UP settlement account is always adequately funded to accommodate merchant and stakeholders settlement daily.
• Ensure rendition of monthly Income Reports.

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 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.
• Re-computation 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.
• Management Accounts: To ensure that Management obtains timely and consistently relevant financial information for decision making and planning purposes.
• Rendition of Income Reports to stakeholders in agreed format.  Daily Income Analysis Report.
• GL Schedules: To ensure that errors are detected and corrected promptly for specific GL Accounts.
• 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.
• 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.
• Accounting correctly in the GL for amount due to other PTSPs and PTO (different from UP).  Treasury Function.

KPI

• 99% accuracy in settlement
• Timeliness of Reports
• 100% Documentation

Requirements

Education:

• First degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies

Experience:

• Minimum of 3 years’ experience post NYSC.

Skill / Competencies:

• Computer skills (Microsoft package)
• Good interpersonal skills.
• Attention to details
• Critical reasoning and analytical abilities
• Good writing and oral communication & presentation skills Knowledge
• Good Microsoft Excel skills.
• Presentation skills.

Application Closing Date

23rd 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.