Treasury Specialist at Ikeja Electricity Distribution Company

Role Purpose

• This role is responsible for the effective and efficient workflow and performance of the accounts receivables.

Responsibilities

• Prepare bank statements and payments received.
• Ensures daily banking and monthly reconciliations of customer receipts accounts is completed.
• Ensure closure of all Finance assigned customers complaints through CRM.
• Ensure accurate reconciliation of customers account for adjustment, migration of postpaid outstanding balances to prepaid platform.
• Reconciliation of bank tellers, card replacement and direct remittance, uncredited payment schedule to Billing department.
• DC-RC report preparation and Collection update on DTO and MK4Dlist.
• Perform computation of bill amount and tracking adjustments.
• Prepare bill abstract for payment and drawing journal vouchers.
• Ensure payment of all staff claims, external claims, and time bound tax related claims approved at Business unit level.
• Perform reconciliation of various payment channels at business unit.
• Maintain an accurate monthly payment schedule to assist in projecting future cash outflows.
• Supervise preparation of monthly journal entries and account reconciliations, and year-end audit schedules for accounts payable and the related accrual and prepaid accounts.
• Timely provision of all required documentation and information required for an effective internal and external audit process
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned jobs.
• Carry out any other duty as requested by financial & Administration Manager or Business Manager.

Minimum qualifications

• Bachelor’s Degree in a Finance/ Accounting / Commercial or Social Science discipline
• Minimum of 5 years relevant work experience within a similar role
• Must be a Chartered Accountant (ACA/ ACCA)

Technical Competencies:

• Accounting Policies and Transactions
• Treasury Management & Cash Flow Forecasting
• Financial Analysis and Planning
• Management Accounting.

Behavioral Competencies:

• Accounting Policies and Transactions
• Treasury Management & Cash Flow Forecasting
• Financial Analysis and Planning
• Management Accounting.