Head, Revenue Mobilization Monitoring & Assurance at Ikeja Electricity Distribution Company

Reporting To: Chief Commercial Officer

Role Purpose

• To ensure effective strategies are put in place to ensure optimal collection activities.
• To ensure adequate measures are put in place to guard against commercial losses and detect potential revenue leakages / irregularities

Responsibilities

• Plan, allocate, co-ordinate and monitor revenue collection across the business.
• Develop and implement creative and innovative strategies that ensure revenue and collection targets are met.
• Introduce quantifiable revenue/ collection monitoring mechanisms around the business.
• Identifies areas with high financial leakages and design appropriate strategies to enhance billing and collection operations – minimizing commercial losses.
• Sets and meet agreed revenue protection targets and goals while maximizing cash collection and developing intelligence that will enhance theft detection.
• Works with relevant department to develop revenue protection processes and procedures to guard against potential commercial losses.
• Carries out periodic Quality Assurance (QA) on revenue protection processes and recommends improvement opportunities.
• Reviews I. E’s revenue vis-à-vis energy supplied to BUs.
• Prepares periodic reports on potential process gaps (revenue leakages) and improvement opportunities.
• Establish and maintain relationships with key internal and external stakeholders
• Ensure strategies are in place to recover energy loss. Track recovery of Loss using the designated template.
• Perform assurance test on energy shared across feeders, Business Units and Undertakings
• Perform Quality Assurance on Revenues Billed across business units
• Oversee the formulation and Review of Standard Operating Process within the entire revenue value chain
• Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
• Carry out any other duties as requested by the Head of Department / COO/ CEO of the Company

Minimum qualifications

• Bachelor's degree in any of the following disciplines - Accountancy, Banking & Finance or other numerate discipline
• At least 15 years relevant work experience, from related sector/ organization with at least 7 years in a senior management role
• A master’s degree in Business (ideally with a concentration in general management) is an added advantage.
• Demonstrable understanding of data / business analytics and the ability to use statistical methods to provide insight into business performance and suggest area for and methods of improving operations.

Technical Competencies:

• Deep knowledge of Utilities Industry
• Strong understanding of the business of I.E and related businesses in the electricity sector.
• Strong Business & Financial Acumen
• Strong problem solving and analytical skills
• Excellent negotiation skills
• Strong managerial/administrative skills

Behavioral Competencies:

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