Revenue & Cash Management Officer - (Molete & Sagamu) at Ibadan Electricity Distribution Company (IBEDC) Plc

Job Description

This job role is to account adequately for the company’s revenue and liquidity position. 

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

1. Strong understanding of the business of IBEDC and related businesses in the electricity sector
2. Strong business acumen
3. Treasury and Cash Management
4. Banking industry and operations
5. Financial Management & Corporate Financing 
6. Investment & Risk Management/ Portfolio Management
7. Strong negotiation skills
8. Financial Analysis/Interpretation
9. Business Performance Management 
10. Financial Management Process knowledge

Behavioral competencies

1. An analytical mindset with excellent problem-solving skills.
2. Excellent written and verbal communication skills.
3. Able to work under pressure and meet deadlines.
4. Excellent interpersonal skills.
5. Able to manage sensitive and confidential information.
6. Self-motivation and able to take responsibility.
7. Able to manage and prioritise tasks and time efficiently.

Job Responsibility

1. Reports the sales vis-à-vis cash collection every month.
2. Reconciles cash collection figures with the Aggregator on a daily, weekly, and monthly basis.
3. Reconcile cash collection with the Business Hubs monthly.
4. Raising of appropriate journal entries into the General Ledger monthly.
5. Reports of actual payment of energy invoices and outstanding balances due to service providers.
6. Reports the status of loans and repayments.
7. Carry out other sundry assignments as directed by the Head of Treasury Services & Revenue Management.