Career Opportunities at The Ikeja Electricity Distribution Company

Reporting To: Chief Risk Officer

Role Purpose

• Will be responsible for assisting the Chief Risk Officer in risk management activities

Responsibilities

• Work with business line and support function managers and risk owners to implement and ensure compliance with Risk Management Policy and procedures, including risk documentation standards.
• Generate and compile risk data, analyze the data regularly and generate summary risk reports for Management, Enterprise Risk Management Committee, and the Board.
• Develop monitoring and reporting processes, including producing summary reports of risk issues and planned resolution for review by the ERM Committee.
• Stay abreast of regulatory requirements and mature industry practices relating to operational risk management.
• Maintain the enterprise-wide risk and control self-assessment (RCSA) workbook, including coordinating with 1st, 2nd and 3rd line of defense managers to update risks, controls and assessments.
• Maintain the company’s ERM Report, including updating key risk indicators, limits and tolerance thresholds, and ensure accurate and timely reporting to the ERM Committee.
• Provide analysis of risk trends and comparisons of risk indicators to established risk limits and tolerance thresholds – coordinating with risk owners to understand drivers and root causes of trends - and incorporate conclusions into the ERM Report.
• Collect data on economic, market and industry trends to assist in identifying potential risks associated with proposed new products/services and strategies.
• Create risk awareness and facilitate risk management trainings to staff.
• Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
• Perform ad-hoc risk analysis and any other duties as requested by the Chief Risk Officer and the ERM Committee.

Minimum Qualifications

• First degree in science or social science field
• Relevant professional certifications in risk management
• Work experience in operational risk management in relevant sectors for a minimum period of 10 years

Technical Competencies:

• Oral and written communication skill.
• Analytical skill
• Project management skill
• Good understanding of the industry
• Persuasive skills
• Organizational skills

Behavioral Competencies:

• Confidentiality
• Objectivity
• Judgment
• Team building
• Change catalyst
• Leadership skills

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Reporting To: Treasury / Financial Accounting & Reporting Specialist

Role Purpose

• This role requires the ideal candidate to maintain and record financial transactions at business unit level.

Responsibilities

• Record and maintain supporting documentation for all financial transactions at business unit level / undertaking level
• Ensure proper documentation of proofs/bills for the respective financial transaction
• Post sub-ledger entries and reconcile entries into general ledger.
• Ensure proper documents/bills are submitted to accounts department for timely preparation of monthly journal entries and account reconciliations
• Assessing correctness of claim, review computation of bill amount and adjustments
• Prepare monthly revenue report based on billing
• Monitor company’s various cash flow forecasts
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned job
• Reconciles financial discrepancies by collecting and analyzing account information
• Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs
• Carry out any other duty as requested by Financial Accounting & Reporting Specialist or Financial & Administration Manager

Minimum Qualifications

• This role requires a first degree or its equivalent diploma qualification in Finance & Accounts
• Requires between 0-2 years relevant work experience with advanced/ extensive knowledge and mastery of relevant theories, principles and complex techniques gained through broad experience or special development

Technical Competencies:

• Accounting Policies and Transactions
• Financial Analysis and Planning
• Management Accounting

Behavioral Competencies:

• Communication and Interpersonal Relations
• Supervisory/Managerial Skills
• Problem Solving and Decision Making
• Managing Resources
• Business Focus

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Reporting To: Finance & Administration Manager

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.
• 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.
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned jobs
• Carry out other duties as requested by the Financial & Administration Manager or Business Manager.

Minimum Qualifications

• Bachelor's degree in a Finance/ Accounting / Commercial or Social Science discipline
• Minimum 6+ 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:

• Communication and Interpersonal Relations
• Supervisory/Managerial Skills
• Problem Solving and Decision Making
• Managing Resources
• Business Focus