Job Vaacancies 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.

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Job Description

To ensure compliance with the disbursement policy in the management of the business hubs' finances and accuracy in the preparation of relevant financial and management reports.

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

• Strong understanding of the business of IBEDC and related businesses in the electricity sector
• Strong business acumen
• Treasury and Cash Management
• Banking industry and operations
• Financial Management & corporate financing
• Investment & Risk Management/ Portfolio Management
• Strong negotiation skills
• Financial Analysis/Interpretation
• Business Performance Management
• Financial Management Process knowledge

Behavioral competencies

• An analytical mindset with excellent problem-solving skills. 
• Excellent written and verbal communication skills.
• Able to work under pressure and meet deadlines.
• Excellent interpersonal skills.
• Able to manage sensitive and confidential information.
• Self-motivated and able to take responsibility.
• Able to manage and prioritize tasks and time efficiently.

Job Responsibility

• Preparation and submission of Impress funding reports and reconciliation of the Impress account.
• Preparation of payment cash book and Temporary Cash Advance report on a daily, weekly, and monthly basis. 
• Payment of staff claims and third-party obligations.
• Maintains and updates the fixed asset register on a timely basis.
• Liaise with the Material Management Officers to review requisitions, purchase orders, and delivery notes. 
• Posting all store issue notes into the Store Analysis Book.
• Reconciliation of Bin Cards and Store Ledger Cards.
• Participating in the periodic stock-taking exercise. 9. Updating the store ledger cards.

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Job Description

To ensure the correctness of the cash collection report as collated by the cash management officer and the aggregator, and to facilitate the quality submission of financial and management reports.

Job Requirements

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

Behavioural 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 the ability to take responsibility.
7. Able to manage and prioritize tasks and time efficiently. 

Job Responsibility

1. Collation of cash stubs and checking of daily cash analysis with stubs from various cash offices
2. Preparation of sales of electricity and other electricity sales reports daily, weekly, and monthly
3. Downloading and monitoring of electricity payments from the various e-platforms daily.
4. Summarizing Cash collection into different tariff classifications.
5. Reconciliation of bank deposits with Cash analysis daily.

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Job Description

This job holder coordinates and supports IBEDC postpaid operations to ensure integrity, control and protection of the postpaid revenue in achieving business objectives.

Job Requirements

1. A Bachelor's Degree in Engineering, Accounting, or any related field.
2. A postgraduate professional certificate in a relevant field. (Added advantage).
3. Membership of relevant professional bodies.
4. At least 5 years post-qualification experience.

Technical competencies

1. Knowledge and understanding of the Nigerian Electricity Supply Industry (NESI). 
2. Strategic planning and Business Development. 
3. Numerate and analytical proficiency.
4. Understanding of Marketing & Customer Insights.
5. Working knowledge of and experience in data analytics.

Behavioral competencies

1. Good interpersonal and persuasion skills.
2. Ability to multitask, prioritize, and manage time effectively.
3. Good oral and written communication skills.
4. Strong problem-solving and analytical skills. 
5. Strong Customer Service Orientation.

Job Responsibility

1. Oversees Post-paid Billing Operations at Regional Billing Centres. 
2. Confirmation of all post-paid billing documents and customer data updates.  
3. Liaises with the BHMs, BHAs, and Team Leads of all Service Centres for the collection of billing inputs.  
4. Ensures appropriate billing of customers using their meter readings, estimation, and/or fixed consumption. 
5. Oversees bill printing and ensures activities timelines are met by the Business hubs.  
6. Prepares periodic and ad-hoc reports to Business hubs and Regional Officers.  
7. Liaises with billing system vendors and suppliers for maintenance support. 
8. Ensures compliance with all NERC regulations on Post-paid billings. 
9. Analyses billing report to determine various trends that can aid Regional management decisions. 
10. Loss prevention by adhering to SOPs. 
11. Performs other Ad-hoc assignments that may be assigned by the Team Lead, Post-paid Operations.