Disbursement & Assets Management Officer at Ibadan Electricity Distribution Company (IBEDC) Plc

Job Description

To ensure compliance of the disbursement policy in the management of the business hubs finances, and, accuracy in the preparation of relevant financial and management reports. To ensure compliance of the disbursement policy in the management of the business hubs finances, and, accuracy in the preparation of relevant financial and management reports.

Job Requirements

• A Bachelor's Degree in Finance, Accounting, or any related field -An MBA or relevant postgraduate degree is an added advantage

Technical Competencies 

• Strong understanding of the business of IBEDC and related businesses in the electricity sector
• Strong business acumen
• Treasury and Cash Management
• The banking industry and operations
• Financial Management & corporate financing
• Investment & Risk Management/ Portfolio Management
• Strong negotiation skills
• Financial Analysis/Interpretation
• Business Performance Management
• Financial Management Process knowledge

Behavioral competencies

• An analytical mind-set with excellent problem-solving skills.
• Excellent written and verbal communication skills.
• Able to work under pressure and meet deadlines. 
• Excellent interpersonal skills.
• Able to manage sensitive and confidential information.
• Self-motivation and ability to take responsibility.
• Able to manage and prioritize tasks and time efficiently. 

Job Responsibility

• Preparation and submission of Impress funding reports and reconciliation of the Imprest account.
• Preparation of payment cash book and Temporary Cash Advance report on a daily, weekly, and monthly basis.
• Payment of staff claims and third-party obligations.
• Maintains and updates the fixed asset register on a timely basis.
• Liaise with the Material Management Officers to review requisitions, purchase orders, and delivery notes.
• Posting all store issue notes into the Store Analysis Book.
• Reconciliation of Bin Cards and Store Ledger Cards.
• Participating in the periodic stock-taking exercise.
• Updating the store ledger cards.