Lead, Budget Planning & Control at Nigerian Electricity Supply Corporation (Nigeria) Limited (NESCO)

Purpose of the Job

• Oversee the development coordination and monitoring of NESCO’s annual revenue and capital budgets, recognizing constraints on total capital funding available with NESCO and internal cash generation capacity of the company

Key Duties and Responsibilities
The Lead Budget Planning and Control shall therefore be responsible, but not limited, for the following:

• Analyse energy consumption and production data to identify cost-saving opportunities and improve efficiency
• Support tariff and pricing decisions by providing detailed financial analysis and projections
• Oversee financial reporting for energy projects and ensure compliance with regulatory and industry standards
• Develop and oversee the strategic framework for the energy management accounting unit to ensure alignment with corporate goals
• Provide leadership in the preparation and analysis of budgets, forecasts, and financial reports related to energy production and distribution
• Lead the evaluation of financial impacts of pricing strategies, and sustainability initiatives
• Collaborate with senior management to inform decision-making on energy assets, tariffs, and investments
• Oversee the implementation of internal controls and risk management practices within the energy management accounting unit
• Ensure compliance with regulatory requirements and industry standards
• Mentor and provide guidance to subordinates within the unit.

Education and Work Experience

• First Degree in finance, accounting, economics, or a related field
• Professional certifications such as ACA, ACCA, CPA, or CIMA are highly preferred
• 5-7 years of relevant work experience
• Prior experience in the power, energy, or utilities sector is an advantage.

Attributes and Competencies:

• Proficiency in planning, budgeting, and forecasting
• Knowledge of treasury management & cash flow forecasting
• Revenue management skills
• Accounting policies and transactions
• Knowledge of Financial Reporting.