Applications are invited from suitable and qualified candidates for the Position of Team Lead, Revenue Assurance at First Bank of Nigeria.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is the leading bank in West Africa and deeply ingrained in society. Its culture revolves around four core values: Entrepreneurship, Professionalism, Innovation, and Customer-Centricity (EPIC). These values define the bank’s mindset, actions, and work ethic, enabling them to fulfill their vision of becoming Africa’s preferred bank. EPIC encapsulates their commitment to achieving results for each other, the bank, and themselves, fostering motivation and personal growth. Every decision and action taken by FirstBankers is guided by these values, emphasizing the importance of entrepreneurial spirit, professionalism, continuous innovation, and a customer-focused approach in their work.
Summary
- Company: First Bank of Nigeria (FBN)
- Job Title: Team Lead, Revenue Assurance
- Job Type: Full Time
- Qualification: BA/BSc/HND/Msc
- Locations: Lagos
Job Title: Team Lead, Revenue Assurance
Job Description
- Daily spooling of General Ledger (GL) balances of branches and head office departments.
- Review of the GL pull out of Income & Contingent sub-heads.
- Performs In-depth Investigation on GL to identify wrong postings, irregular and abnormal balances oraccounts with wrong classification.
- Liaising with branches and departments having abnormal balances in their income & contingent accounts to regularize.
- Collaborate with internal control department in ensuring that all improper balances in GL are cleared promptly by branches and departments responsible.
- Preparation and Review of Monthly Income and Expenses trends for input into the revenue assurance MANCO report
- Review fixed deposit booked on the system, to ensure there are no unverified system
actions preventing roll over and non-interest payment. - Review of fixed deposit exception/ recovery report for inclusion in the MANCO paper monthly.
- Review uncollected management and commitment fees report on a monthly basis for loan and overdraft, to ensure all fees are taken, and approvals obtained where there are waivers.
- Re-computation of interest income on overdraft, Account maintenance fees, loans, FIP, ROU etc. and charges to ensure completeness of the system in calculating and collecting
these fees. - Uncollected fees are raised as exception against the relevant department/ unit in the bank
for immediate recoup. - Development of additional scripts to validate system/user accuracy in collection of other
income due the bank. - Liaising with branches on reasons for drop/increase in income or correct wrong
classification of accounts. - Daily/Weekly/Monthly Review of Trial Balance of the bank for trend analysis.
- Provision of audit requirements for External and Internal Audits
See Also:
Job Requirements for the Position of Team Lead, Revenue Assurance at First Bank of Nigeria:
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- Professional certification (ACCA, ICAN, CFA) is required.
- Minimum of 7 years post-qualification experience in a similar role.
- Experience in financial services industries/commercial banks is an advantage.
Deadline
19th November, 2025
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