Finance & Administration Manager - Ikorodu Business Unit at Ikeja Electricity Distribution Company

Role Purpose

• Responsible for Finance and Administrative Services of the Business Unit

Responsibilities
Finance:

• Provide inputs for annual budgeting
• Examine and accord financial vetting for proposals having financial implications
• Ensure compliance of financial audit
• Responsible for all financial accounting and supervises compilation for unit and undertakings
• Supervise inter unit account settlements
• Supervise maintenance of various accounts & registers
• Settlement of all staff claims, external claims, time bound tax related claims under the limits specified
• Ensure proper reconciliation of various payment channels at business unit
• Monitors compilation of MIS, PRT & other reports.
• Maintain and update sub ledger capturing the financial transactions appropriately.

Administration:

• Ensuring compliance to HR policies and labor laws
• Initiate the performance appraisal report
• Maintaining job descriptions and training related records
• Oversee preparation of papers for claims of retired employees
• Ensuring maintenance of discipline, attendance, highlighting employee concerns at the assigned locations
• Initiating disciplinary proceeding of employees in corruption cases
• Oversee the legal activities and court cases related to employees
• Taking up the case of employee complaint/ grievance for redressal
• Ensuring free flow of communication upward to resolve employee grievances at the earliest opportunity
• Conducting surveys on employee engagement employee satisfaction
• Participating in the welfare activities for the employees
• Looking into security matters, office maintenance, office furniture maintenance etc.
• Takes responsibility for compliance with all Quality Management System /Operation Health & System related activities in the department as documented in the departmental operations manual, risk assessment register and other relevant documents.
• Carry out any other duties as requested by the Business Manager.

Minimum Qualifications

• First degree in Accounting or a Finance-related field, Commercial or Social Science discipline
• Post-graduate degree(s) and relevant professional qualifications e.g. ACA, ACCA are essential.
• 8 - 10 years’ experience, with at least three (3) years' experience in a supervisory position.

Technical Competencies:

• Assets and Liabilities Management
• Cost Management
• Data Processing
• Planning, Budgeting, and Forecasting
• Treasury Management & Cash Flow Forecasting
• Profit & Loss Management
• Revenue Management
• Accounting Policies and Transactions
• Financial Statement Preparation and Analysis
• Tax Management.

Behavioral Competencies:

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