Revenue Assurance Manager


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Closes : March 10, 2023
NBS Bank Plc invites applications from suitably qualified and interested candidates to fill the following vacancies tenable at the Bank’s Head Office in Blantyre.
REVENUE ASSURANCE MANAGER
JOB PURPOSE
Reporting to the Chief Finance Officer, the successful candidate’s responsibility will be to provide assurance on the completeness, accuracy and optimization of the Bank’s revenue streams through identifying and addressing potential revenue leakages and manages pan Bank data integrity in line with Business Strategy.
KEY RESPONSIBILITIES AND ACCOUNTABILITIES

The successful candidate will be responsible for the following. among other responsibilities:

  • Researches on Revenue Assurance domain developments to proactively address revenue leakages and recommends interventions to the Chief Finance Officer.
  • Analyses the business growth, development and performance (innovation, regulatory changes, customer and risk and compliance requirements) and takes corrective action
  • Sets up the daily and weekly operational Revenue Assurance meetings to track performance and identifies the way forward
  • Reviews, analyses, justifies and consolidates the budget requirements for Revenue Assurance.
  • Monitors the budget on a monthly basis, identifies variances and takes appropriate action for the first line subordinates.
  • Identifies revenue leakages and recommends preventive interventions to the business and the CFO
  • Reviews and develops end-to-end controls to ensure timely detection of revenue leakages from Core Banking and allied Systems to Finance systems.
  • Engages relevant divisions on possible quantifiable revenue leakage and where applicable implement corrective action.
  • Conducts through continuous Revenue Assurance Audits and Controls Monitoring, Exception Reporting, Business Intelligence and Spend Analytics through business analytics software and tools
  • Performs diagnostic reviews to identify revenue leakages (and areas of over-recovery of charges) by providing an end-to-end reconciliation for all revenue lines.
  • Conceptualizes, develops and communicates data management plans in alignment with business strategy
  • Drives data quality management, data standardization, data cleansing, data conversion, share-ability of data across business units.
  • Identifies and defines the right strategies to integrate master data with other operational systems to leverage master data more efficiently and effectively across the Bank.
  • Builds frameworks and quality control mechanisms to ensure highest levels of data integrity.
  • Provides continuous enhancement and review of data quality and validation processes
  • Extracts and analyses data from the Bank’s core banking systems to discover trends, patterns, or correlations and submits a report with recommendations to the Chief Finance Officer
QUALIFICATIONS AND EXPERIENCE
  • Degree in Economics, Accounting, Statistics, Banking or equivalent.
  • Minimum of six (6) years’ experience in Data Analytics, Finance or related environment, four (4) of which should be in Supervisory level.
SKILLS AND COMPETENCIES REQUIRED
  • Ability to lead, manage and develop staff and employees
  • Ability to identify, communicate and ensure implementation of the agreed business objectives for the relevant unit.
  • Excellent verbal and written communication and able to clearly present complex situations.
  • Ability to plan and organise medium to long term ahead.
  • Ability to analyse and solve complex problems to achieve the correct outcomes.
  • Sound business acumen, resourceful and be a lateral thinker.
  • Ability to negotiate, interact and achieve targets.
Candidates meeting the above minimum requirements and are interested in the job should send their applications and up-dated CVs with names of three (3) traceable and reputable referees, and copies of certificates, to the following address:
Head of Human Resources
NBS Bank Plc
P.O. Box 32251
Chichiri, Blantyre 3
Or alternatively, send your application to [email protected]
The closing date for receiving applications is Friday, 10th March 2023. Only short-listed applicants shall be acknowledged

To apply for this job email your details to [email protected]

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