Ibadan Electricity Distribution Company (IBEDC) Plc – Headquartered in Ibadan is responsible for electricity distribution within the south western zone (Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states).
We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.
We are recruiting to fill the vacant position below:
Job Title: Account Officer
Location: Ibadan, Oyo
Specialization: Accounting
Job Description
- To ensure that all bank transactions records of IBEDC and corresponding banks are accurate and consistent with laid down treasury policies/procedures of the company
Responsibilities
- Facilitates IBEDC payments for all IBEDC’s obligations liaises with Accounts payable to ensure all approvals and entries are properly captured
- Monitors Cash / Cheque lodgments into IBEDC’s Bank Accounts
- Monitors daily cash balances and performs daily reconciliation of Bank Accounts
- Maintains day to day banking relationships and operations
- Assists in carrying out cash movements between Bank Accounts
- Liaises with Accounts Receivable Section on trade/sales returns reconciliation
- Reconciles all bank transactions and prepares periodic account reconciliation report
Competence Requirements
- Electricity Industry Knowledge
- Strong Negotiation skills
- Treasury and Cash Management
- Financial Planning/Budgeting & Forecasting
- Banking industry and operations Knowledge of bank tariffs and financial regulations
- Investment & Risk Management / Portfolio Management
- Financial Management Process knowledge
- Financial, Management, and Cost
Qualifications and Requirements
Educational qualification:
- A first degree in Accounting, Finance or any related discipline
Desired Experience:
- At least 3+ years of professional experience in liquidity management or related finance field
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Materials Management Officer
Location: Ibadan, Oyo
Job Description
- To manage all aspects of materials flow and to maintain control over all goods inventories including all transactions, planning, scheduling, cost, warehousing request issues
Responsibilities
- Manages the receiving functions of the organization and oversees the storage of purchased equipment and materials in compliance established policies
- Maintains optimum inventory levels and ensures on-time deliveries to meet operational demands while minimizing carrying costs and premium transportation charges
- Directs write-off of obsolete and off-spec material and reduces aging materials to maintain a realistic valuation of goods-on-hand
- Manages warehouses for stored equipment/materials, developing effective warehouse layouts to efficiently provide for the systematic accumulation of these materials until requested by various Business Units
- Safeguards warehouse operations and contents by establishing security procedures and protocol
- Implements a defined store repairs and maintenance program that consistently provides a well-maintained retail facility from a safety, cosmetic and practicality perspective
- Coordinates the procedures for valuing the year-end physical inventory
Functional Competence
- Proven experience in InventoryManagement – progressive experience in the management of materials
- Ability to use Inventory Management software tools/technology
- Proficiency in MS Office applications
- Strong financial management skills
Qualifications and Requirements
Educational Qualification:
- A Bachelor’s degree in Supply Chain, Finance, Business Administration or any related discipline
Desired Experience:
- At least 3+ years’ experience in Supply Chain especially in Procurement/Inventory Management
How to Apply
Interested and qualified candidates should:
Click here to apply online
Job Title: Regulatory Risk Officer
Location: Ibadan, Oyo
Job Description
- To organize, evaluate, analyze and monitor all regulatory & market risk to ensure overall improvement in market shortfalls due to disco challenges
Responsibilities
- Providing alerts and analysis to IBEDC on the impact of changes and defaults in the regulatory provisions and contractual framework.
- Regulatory & market risk identification, assessment and reporting to risk owners/stakeholders for proper action.
- Assist with Periodic internal tariff review, analysis and shortfall analysis, MYTO review and projections.
- Prepares regular industry reports on the state of the market for internal and external stakeholders (as defined by industry regulations or IBEDC’s management discretion)
- Assist in conducting special research falling out of regulatory provisions centered around loss reduction levels and deliver timely and relevant actionable feedback to improve performance
Competence Requirements
- Understanding of the business of IBEDC and related businesses in the electricity sector
- Understanding and knowledge of regulatory stipulations vis-à-vis rates, pricing MYTO and market reset
- Understanding of the laws and regulations governing the power industry
- Strong financial and business acumen – financial analysis and reporting skills
- Good problem solving and analytical skills
- Good negotiation skills
- Good interpersonal skills
- Proficiency in Microsoft Office applications in preparation and analysis of data (eg Excel spreadsheet)
- Excellent verbal and written communication skills (business report writing)
Qualifications and Requirements
Educational Qualification:
- A first degree in Social Sciences or any relevant field
Desired Experience:
- At least 2 years’ experience within the Utility industry or a closely related industry.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Deadline: 1st September, 2019.
Note: When the page opens, click on “Click Here See Vacancies” and select “Account Officer” to apply accordingly.
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