Reporting Regulatory Matters & Tariff Specialist at Ikeja Electricity Distribution Company

• 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.

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..

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.

Behavioral Competence:

• Customer Centricity – Ensure regulatory reports and tariff models address internal and external stakeholder expectations, supporting transparency and alignment.
• Risk Management – Proactively identify and mitigate financial and regulatory risks through thorough analysis and compliance with NERC guidelines.
• People Leadership – Foster collaboration across finance, regulatory, and technical teams to achieve timely and accurate reporting outcomes.
• Entrepreneurship – Drive improvements in tariff design and financial modeling to enhance revenue assurance and operational efficiency.
• Organizational Learning – Promote continuous improvement by integrating industry updates, regulatory changes, and data-driven insights.
• Change Management – Support smooth adaptation to evolving tariff structures and regulatory requirements by aligning tools, teams, and processes.

Minimum Requirement

• This opportunity is a middle-level management role. 
• The role involves supporting regulatory reporting, tariff modeling, and compliance across finance and regulatory teams.
• This position reports directly to the Head, Management Reporting and Tariffs.

Education Qualification:

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

Work Experience:

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