Career Opportunities at Ikeja Electricity Distribution Company (IKEDC)

Ikeja Electricity Distribution Company (IKEDC) – Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, the Ikeja Electric (IE), Nigeria’s largest power distribution network, came into existence on November 1st, 2013 following the handover of the defunct Power Holding Company Of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

We are recruiting to fill the position below:

 

Job Title: Treasury / Accounts Officer

Location: Lagos
Job Type: Full time
Reporting To: Treasury / Financial Accounting & Reporting Specialist

Role Purpose

  • This role requires the ideal candidate to maintain and record financial transactions at business unit level.

Responsibilities

  • Record and maintain supporting documentation for all financial transactions at business unit level / undertaking level
  • Ensure proper documentation of proofs/bills for the respective financial transaction
  • Post sub-ledger entries and reconcile entries into general ledger.
  • Ensure proper documents/bills are submitted to accounts department for timely preparation of monthly journal entries and account reconciliations
  • Assessing correctness of claim, review computation of bill amount and adjustments
  • Prepare monthly revenue report based on billing
  • Monitor company’s various cash flow forecasts
  • Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned job
  • Reconciles financial discrepancies by collecting and analyzing account information
  • Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs
  • Carry out any other duty as requested by Financial Accounting & Reporting Specialist or Financial & Administration Manager

Minimum Qualifications

  • This role requires a first degree or its equivalent diploma qualification in Finance & Accounts
  • Requires between 0-2 years relevant work experience with advanced/ extensive knowledge and mastery of relevant theories, principles and complex techniques gained through broad experience or special development

Technical Competencies:

  • Accounting Policies and Transactions
  • Financial Analysis and Planning
  • Management Accounting

Behavioral Competencies:

  • Communication and Interpersonal Relations
  • Supervisory/Managerial Skills
  • Problem Solving and Decision Making
  • Managing Resources
  • Business Focus

How to Apply
Interested and qualified candidates should:
Click here to apply online

 

Job Title: Risk Manager

Location: Lagos
Job Type: Full time
Reporting To: Chief Risk Officer

Role Purpose

  • Will be responsible for assisting the Chief Risk Officer in risk management activities

Responsibilities

  • Work with business line and support function managers and risk owners to implement and ensure compliance with Risk Management Policy and procedures, including risk documentation standards.
  • Generate and compile risk data, analyze the data regularly and generate summary risk reports for Management, Enterprise Risk Management Committee, and the Board.
  • Develop monitoring and reporting processes, including producing summary reports of risk issues and planned resolution for review by the ERM Committee.
  • Stay abreast of regulatory requirements and mature industry practices relating to operational risk management.
  • Maintain the enterprise-wide risk and control self-assessment (RCSA) workbook, including coordinating with 1st, 2nd and 3rd line of defense managers to update risks, controls and assessments.
  • Maintain the company’s ERM Report, including updating key risk indicators, limits and tolerance thresholds, and ensure accurate and timely reporting to the ERM Committee.
  • Provide analysis of risk trends and comparisons of risk indicators to established risk limits and tolerance thresholds – coordinating with risk owners to understand drivers and root causes of trends – and incorporate conclusions into the ERM Report.
  • Collect data on economic, market and industry trends to assist in identifying potential risks associated with proposed new products/services and strategies.
  • Create risk awareness and facilitate risk management trainings to staff.
  • Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
  • Perform ad-hoc risk analysis and any other duties as requested by the Chief Risk Officer and the ERM Committee.

Minimum Qualifications

  • First degree in science or social science field
  • Relevant professional certifications in risk management
  • Work experience in operational risk management in relevant sectors for a minimum period of 10 years

Technical Competencies:

  • Oral and written communication skill.
  • Analytical skill
  • Project management skill
  • Good understanding of the industry
  • Persuasive skills
  • Organizational skills

Behavioral Competencies:

  • Confidentiality
  • Objectivity
  • Judgment
  • Team building
  • Change catalyst
  • Leadership skills

How to Apply
Interested and qualified candidates should:
Click here to apply online

 

Job Title: Treasury Specialist

Location: Lagos
Job Type: Full time
Reporting To: Finance & Administration Manager

Role Purpose

  • This role is responsible for the effective and efficient workflow and performance of the accounts receivables.

Responsibilities

  • Prepare bank statements and payments received
  • Ensures daily banking and monthly reconciliations of customer receipts accounts is completed.
  • Perform computation of bill amount and tracking adjustments.
  • Prepare bill abstract for payment and drawing journal vouchers.
  • Ensure payment of all staff claims, external claims, and time bound tax related claims approved at Business unit level.
  • Perform reconciliation of various payment channels at business unit.
  • Maintain an accurate monthly payment schedule to assist in projecting future cash outflows.
  • Supervise preparation of monthly journal entries and account reconciliations, and year-end audit schedules for accounts payable and the related accrual and prepaid accounts.
  • Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned jobs
  • Carry out other duties as requested by the Financial & Administration Manager or Business Manager.

Minimum Qualifications

  • Bachelor’s degree in a Finance/ Accounting / Commercial or Social Science discipline
  • Minimum 6+ years relevant work experience within a similar role
  • Must be a Chartered Accountant (ACA / ACCA)

Technical Competencies:

  • Accounting Policies and Transactions
  • Treasury Management & Cash Flow Forecasting
  • Financial Analysis and Planning
  • Management Accounting

Behavioral Competencies:

  • Communication and Interpersonal Relations
  • Supervisory/Managerial Skills
  • Problem Solving and Decision Making
  • Managing Resources
  • Business Focus

How to Apply
Interested and qualified candidates should:
Click here to apply online

 

Deadline: 5th June, 2020.