Job Opportunities at Ibadan Electricity Distribution Company (IBEDC) Plc

Job Description

• To develop and execute IBEDC’s HSE policies and procedures in accordance with stipulated industry standards and ensure organization-wide compliance.   

Responsibilities

• Coordinates the development of IBEDC’s HSE standards, policies and procedures to support IBEDC’s business strategy.
• Analyses external trends impacting business strategy, in particular the health hazards, safety concerns and social / environmental impact of conducting business.
• Regularly reviews and updates IBEDC HSE policies and practices to ensure that they are current and appropriate for the changing business needs.
• Communicates IBEDC’s HSE policy and procedures to relevant stakeholders.
• Defines reporting requirements, HSE competency framework and training requirements on safety issues.
• Provides technical expertise, strategic leadership and support to capital projects on regulatory compliance issues in HSE.
• Oversees the conduct of hazard and risk assessments and develop recommendations for business to mitigate identified risks.
• Ensures IBEDC’s compliance to HSE policies, guidelines, standards and procedures - IBEDC’s work environment and practices are in compliance with stipulated regulations or standards.
• Coordinates the development of IBEDC’s annual HSE plans and report.

Requirements

• Specialization: First degree in Electrical, Mechanical or Chemical Engineering, Environmental Sciences & related discipline
• Minimum Qualification: Bachelor Degree   
• Required Experience: 15+

Behaviour Requirements:

• Membership of ISPON will constitute an added advantage
• Minimum of Fifteen (15) years cumulative cognate experience
• Leadership skills
• Good turnaround time on tasks, ability to deliver
• Knowledge of regulations and industry standards
• Familiar with industry best practice

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Job Description

• To plan, execute and report to the Board on operational, financial, regulatory and compliance related audits/reviews. Provide advice on internal control, including questions on risk management techniques.
• Ensure compliance to business policies and procedures and define corrective plans to manage fraud and error incidents   

Responsibilities

• Defines the overall Internal Audit & Control Framework including governance approach, procedures, processes and tools
• Defines the Code of Ethics for the organization to ensure all business operations are conducted with integrity
• Coordinates the development of internal audit and control policies and procedures
• Conducts risk assessments and identifies/puts controls in place to mitigate identified risks
• Coordinates the development of a comprehensive audit plan used to outline the nature/scope of internal audit & control activities and ensures effective execution
• Oversees the execution of special audit projects such as investigations, charter reviews, etc.
• Identifies and recommends business process changes resulting in strengthened internal controls and operational efficiencies
• Follows-up to ensure that past recommendations and remediation work have been implemented properly to correct identified deficiencies/close gaps.
• Participates in the execution of new company initiatives and provides guidance on internal controls and efficiencies.
• Develops the Function’s budget and monitor expenses against the budget to ensure optimum utilization of financial resources.
• Prepares timely annual audit reports for executive management, the Audit Committee and the Board of Directors.
• Contributes, as appropriate, in the year-end financial audit with the external auditor.

Requirements

• Specialization: BSc in Accounting or Finance is required
• Minimum Qualification: Bachelor Degree   
• Required Experience: 15+   

Behaviour Requirements:

• Strong analytical and evaluation ability
• Ability to analyse and document business processes
• Strong attention to details
• Business Acumen

Skills Requirements:

• Investigation and reporting skills
• Enterprise risk management skills
• Excellent communication skills
• Report writing skills
• Analytical skills

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Job Description

• To put in place measures geared at ensuring full compliance of IBEDC’s business operations / activities with all stipulated regulatory standards for the industry.
• Promote and facilitate strong and ethical relationships with relevant Government agencies.   

Responsibilities

• Develop policies, strategies and plans (IBEDC regulatory agenda & framework, Government relations strategy, etc.) for the Function to ensure full regulatory compliance on IBEDC’s part .
• Provide advisory services on regulatory related matters – filings, responses, applications, etc.
• Champion regulatory related policy advocacy across IBEDC.
• Monitor and conduct constant surveillance of all IBEDC activities across the HQ and BUs to ensure compliance.
• Liaise constantly with relevant Functions, BUs across IBEDC on regulatory related matters.
• Offer regulatory analysis, intelligence and support within IBEDC by proactively disseminating information on regulatory developments.
• Endorse all reports; applications; materials; etc. to be sent by the Function to external parties (NERC, etc.) and circulates reports, applications, materials, etc. to relevant parties (internal and external).
• Work closely with relevant internal officers to ensure Market Operator bills are settled and as at when due.
• Develop and foster strong relationships with relevant Government agencies.
• Identify key stakeholders and carries out regular engagement sessions based on communications plan (active engagement with IBEDC key stakeholders on all legislative and regulatory issues to ensure that company interests are protected and enhanced).

Requirements

• Specialization LLB (Bachelor of laws) is required
• Minimum Qualification Bachelor Degree  
• Required Experience 15+  

Behaviour Requirements:

• Ability to deliver policy consultation responses including developing a policy position, producing full responses to policy consultations, briefs on policy issues for senior management and working with colleagues across business units to develop an agreed position
• Quick mind and the ability to assess and understand the impact of regulation on the business
• Ability to work independently and effectively with light touch oversight
• A well organised, structured and methodical approach to tasks and projects

Skills Requirements:

• Strong analytical skills
• Experience in Power Industry regulatory affairs and building relationship with the Regulatory authorities/bodies, such as NERC
• Strong legal and/or analytical skills
• Ability to assess the impact of regulation on the business  and translate the impact analysis into advice for the Management (including gathering of relevant business data etc)
• Strong interpersonal skills and the ability to develop solid relationships with internal and external stakeholders.
• Good communication skills

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The Opportunity

• Reporting to the Head of Finance & Accounting, Africa, the Head of Finance & Accounting will lead the Foundation’s financial operations in Nigeria. This is an opportunity to influence and support our growth in Africa.
• A key element of this role will be building the accounting, finance and operations infrastructure in Nigeria as part of a multi-year growth strategy. This will include recruiting and training an Accounting team and Finance Leads who are responsible for managing financial matters related to our programs in Nigeria, developing our systems, procedures and internal processes, liaising with our country representatives with respect to operational matters, and helping to manage our relationships with external parties such as our bank and the local tax authorities.
• You will also be the primary Finance contact for the Country Representatives in the region.
• As the scope and scale of our work in Nigeria grows, the Finance and Accounting team, structure and processes will also change. Your ability to be flexible and adaptable, and your willingness to support wherever needed, are critical to our joint success.

Ways you can Contribute
Program Finance:

• Responsible for financial management of country program portfolios
• Be the primary Finance advisor and team contact for Country Representative in Nigeria
• Oversee full-cycle management of partner contracts, i.e. Expression of Interest (EOI), proposal and budget, contract approval, program execution and monitoring program completion
• Adopt a risk-based approach to assessing programs and partner contracts, and ensuring proper stewardship of Foundation resources
• Respond to innovative program interventions with new and creative solutions to meet Foundation goals

Accounting and Operations:

• Oversee the development, implementation and management of the accounting and finance infrastructure for the Foundation’s new office in Nigeria, including systems, accounting practices, policies and procedures.
• Build, support and / or manage relationships with external parties such as banks, local tax authorities, payroll service providers and legal counsel.
• Coordinate with the Toronto accounting team to ensure tax compliance for the Nigeria office, including statutory direct and indirect taxes filings and audits.
• Manage local insurance coverage and policies.
• Support month-end and year-end closing and assist the Toronto accounting team with the annual financial audit and any audits required in Africa.
• Work with the Financial Planning & Analysis team with the budgeting and forecasting activities.
• Manage the creation of procedure manuals as new offices become operational.
• Work closely with and support the Toronto staff with respect to facilities and IT to ensure our Nigeria office has what is required from this perspective.
• Recruit, develop and provide coaching and leadership to the Operations team as the Foundation expands and operations become more complex.
• Lead other ad hoc projects, as required.

Reporting and Analysis:

• Ensure ongoing accuracy of database tracking partner commitments and disbursements.
• Provide monthly reporting and analysis to Head of Finance & Accounting, Africa, and to the Country Representative on program expenses, partner disbursements, cash flow projections, value for money, and other ad hoc reports as needed.
• Prepare overall budget and forecast data for the country program portfolio.

Who You Are

• Professional accounting designation with a university degree in accounting or a related field. MBA an asset.
• Minimum 7 years in progressively senior financial roles within large and/or global organizations, with at least 3 in a management capacity.
• Experience in grant/fund management strongly preferred. Previous work in the development sector an asset.
• Experience building capabilities and capacity of accounting and operations teams in high growth organizations including supporting expansion in multi-jurisdictional and multi-currency environments.
• Ability to assess risks and exercise judgment in making important decisions.
• Innovative and able to formulate new or creative approaches to problems.
• French language skills are an asset
• Impeccable integrity.
• Travel required 10-15% throughout Africa and to Toronto.
• Flexible, adaptable, and able to execute a range of job duties and changing priorities.
• Excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures.
• Professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.