Reporting Regulatory Matters and Tariffs Specialist at Ikeja Electricity Distribution Company

Job Description

• As a Reporting Regulatory Matters and Tariffs Specialist, you will play a critical role in driving regulatory compliance and tariff analysis for Ikeja Electric.
• You will be responsible for interpreting tariff methodologies, conducting financial modeling , and preparing regulatory reports to support decision making.

Responsibilities
You’ll contribute to:

• Developing and simulating tariff models to ensure accurate revenue forecasting and alignment with MYTO methodologies.
• Reviewing MYTO model assumptions, identifying inconsistencies, and preparing formal responses to NERC.
• Expanding tariff models to incorporate monthly projections, ATC&C losses, and load distribution by customer category.
• Preparing and submitting tariff design structures that align with both regulatory requirements and business objectives.
• Supporting compliance by maintaining regulatory filing records and engaging with Market Operators and NBET on billing matters.
• Analyzing financial implications of load allocation reports and ensuring adherence to market settlement guidelines.
• Forecasting five year tariff paths under various scenarios and advising internal stakeholders on regulatory impact.

Minimum Requirements

• This opportunity is a middle level management role The role involves supporting regulatory reporting, tariff modeling and compliance across finance and regulatory teams

Education Qualification:

• Bachelor's degree or its equivalent in Accounting or Finance

Work Experience:

• 5 - 7 years of experience in financial reporting, regulatory compliance, and tariff analysis.
• Professional qualification in accounting (ACA/ACCA) is mandatory.

Skills & Competencies:

• The role affords you to develop technical and behavioral competencies, that is, skills, knowledge, and behaviors required to successfully perform in the role and contribute to the organization's goals

Technical Competencies:

• Sound knowledge of Nigeria’s power sector, NERC regulations, and tariff related financial impacts.
• Financial Modeling
• Planning, Budgeting, and Forecasting
• Accounting Policies and Processes
• Regulatory Reporting
• Financial Statement Preparation and Analysis.

Behavioural Competencies:

• Customer Centricity
• Risk management
• People Leadership
• Entrepreneurship
• Organizational Learning
• Change Management.