Jobs at Ikeja Electricity Distribution Company

Role Purpose

• Will be responsible for assisting Lead Investigation and Forensic on all activities related to investigation & Forensic escalations.

Role Accountabilities

• Handle investigation cases relating to frauds, process breach, irregularities and all escalations to the department.
• Ensure timely resolution of established cases and compliance with set standards.
• Prepare quality investigation report with clear conclusions and value-adding recommendations that are implementable.
• Review financial documents to identify inaccuracies.
• Ensure that adequate background information is obtained on all relevant processes, procedures and policies and have been identified as integral to the investigation.
• Ensure adequate follow-up to ensure approved recommendations are implemented within the agreed timeline.
• Comply with audit investigation processes and procedures that guide the operation of the unit.
• Collaborate investigation with appropriate business partners, legal department and security department.
• Appear for the department on investigation matters referred to Disciplinary panel and the court of law
• Manage all the investigation, ensure completion and ensure that the investigation file complies with approved Standards
• Carry out any other duties as requested by the Head of Department or Head of Unit

Minimum Requirements

• First Degree in Accounting, Finance, Economics or any relevant Science or Social Science field
• CA certification – ACA, ACCA, or CIA;
• Post qualification experience of 6 years in energy, power, financial or manufacturing sector.
• MUST be a chartered accountant

Skills & Competecies:

• Communication skills.
• Problem identification and solution skills.
• Ability to promote value of internal audit.
• Understand industry, regulatory, and standards changes.
• Organizational skills.
• Ability to promote value of internal audit.
• Confidentiality
• Objectivity
• Integrity
• Change catalyst
• Leadership skills

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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.