Job Vacancies at Egbin Power Plc

Location: Ikorodu, Lagos

Job Summary

• Responsible for the preparations of general ledger posting and reconciliations.

Key Duties & Responsibilities

• Cross-checking invoices with payments and expenses to ensure accuracy
• Assist in the preparations of financial statements and management accounts
• Assist in business performance monitoring and matrix assessment
• Assist in fixed asset recognition, posting, depreciation, and management.
• Responsible for recording transactions, payments, expenses, and processing invoices
• Bank reconciliation and general ledger review
• Obtain investment certificate and follow up with a rollover
• Obtain credit note on investment
• Collection receipt/evidence of all taxes.
• Send payment advice to vendors.

Education & Work Experience

• Bachelor's Degree in Accounting, Finance, Economics, or any related discipline.
• Relevant professional certification or membership in ACA, ACCA, CIMA, CFA will be an added advantage
• 0 - 3 years relevant work experience.

Skills and Competencies:

• Good numeric skill set to keep accurate records
• Working knowledge of accounting packages and systems, including standard ERP software.
• Good report writing and presentation skills
• Good organizational skills for maintaining financial records
• Ability to extract, manipulate and analyze large volumes of data and strong problem-solving skills
• High sense of responsibility, accountability, and dependability
• Good oral and written communication skills
• High ethical standards and integrity.
• Proficiency in the use of MS Office tools.

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Location: Ikorodu, Lagos,

Job Summary

• To ensure the proper maintenance and storage of the laboratory chemicals and equipment assist in the smooth operation of daily laboratory activities by providing support.

Key Duties & Responsibilities

• Routine collection of samples from demineralization and neutralization sump pits.
• Preparation of lye at hydrogen plant and determination of its concertation.
• Sewage treatment and collection of sewage sample for analysis.
• Responsible for the preparations of chemicals for the water treatment plant.
• Cleaning of laboratory equipment, glass ware, and the work benches.
• Collation of data on water consumption for steam turbines 1 – 6 units.
• Sampling of water from the demineralization plant, fresh water tanks, potable water tank, wells for routine analysis.
• Sampling of bulk chemicals including oil and arrangement of the chemical warehouse.
• Sampling of wastewater from the plant – lagoon intake, discharge canal and final discharge.
• Support in the analysis of lube oil and transformer oil.
• Partake in the flue gas monitoring and analysis.

Education & Work Experience

• OND in Science and Laboratory Technology, Chemistry, Industrial Chemistry or any other relevant science course.
• 0 - 3 years relevant work experience.
• Knowledge and experience of working with relevant modern laboratory equipment
• Knowledge of chemical inventory valuation and management techniques

Skills and Competencies:

• Good knowledge of laboratory techniques and practices
• Good knowledge of laboratory safety practices and use of personal protective equipment
• Understanding of the chemistry cycle of a power plant
• Good understanding of laboratory reagents and their storage procedure
• Knowledge of safe working procedures for chemical handling
• Good analytical ability
• Problem-solving and attention to details
• Good written and oral communication Skills
• Good use of MS Office tools

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Location: Ikorodu, Lagos

Job Summary

• To manage liquidity and cash flow ensuring business needs are met in a cost-effective and prudent manner.

Key Duties & Responsibilities

• Manage and oversee funds requests, transfers and payment processing, and relationship management.
• Establish processes and frameworks for managing liquidity and risk.
• Implement liquidity, risk management processes and frameworks
• Develop and implement strategies to meet short, medium, and long-term financing needs ensuring alignment with the organization’s goals and objectives.
• Recommend strategies for raising necessary funds to facilitate the realization of operational and corporate objectives.
• Ensure judicious management of the organization’s liquidity to meet all likely contingencies within established risk limits.
• Oversee the preparation of cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet daily operational requirements.
• Oversee the validation of all supplier and vendor payments and ensure that all requests for payment are supported with valid supporting documents in line with the organization’s financial policies.
• Oversee the disbursement of cash ensuring compliance with defined policies and procedures.
• Recommend strategies for raising necessary funds to facilitate the realization of Egbin’s operational and corporate objectives.
• Coordinate all foreign exchange dealings for Egbin Power plc.
• Cultivate and manage relationships with key bankers and investors.
• Oversee all bank guarantees, letters of credit, other instruments of payment with the bank and vendors
• Ensure the preparation, rendition of tax returns, and retention of all relevant tax records
• Ensure accurate computation and accounting for taxes ensure prompt settlement of liabilities
• Compute accurately, file all federal, state, local, sales, and other tax returns including relevant reports to ensure compliance with all tax laws and regulations
• Work with the cash management officer to ensure cheques for tax payments are promptly issued
• Oversee the tax payments at designated banks and obtain necessary receipts and other documents required for tax filing
• Extract, collate and document relevant supports and proof of remittances for tax investigation
• Seek innovative ways for the business to benefit from tax relief and other similar advantages
• Assist with all tax-related research, interpretation of tax legislation and provisions
• Keep abreast of changes and updates in macroeconomic policies and advice the Head, Treasury & Tax on the implications for the business.
• Prepare the unit’s budget inputs and contribute to the preparation of the budget firm-wide.
• Design and develop a unit plan that details how the unit will deliver on organizational requirements
• Prepare periodic reports for the attention of the Head, Treasury & Tax.

Education & Work Experience

• A Bachelor's Degree in Accounting, Finance, or any related discipline.
• A postgraduate qualification will be an added advantage
• Professional certification such as ACA, ACCA, CIMA, CFA, etc. is compulsory.
• 10  - 15 years relevant experience with at least five (5) years in a managerial role

Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations, and legislation relating to the power industry.
• In-depth knowledge of trends, developments in global accounting and finance practice.
• Advanced financial and accounting knowledge, including the understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
• Experience in strategic financial planning and analysis.
• Working knowledge of the Multi-Year Tariff Order, cost assumptions, returns on investments, etc.
• Good sound business acumen, financial and commercial knowledge.
• Good understanding of foreign exchange operations and associated regulations.
• Good communication and interpersonal skills.
• Good leadership and people management skills, including the ability to manage multiple/ complex teams effectively.
• Excellent negotiation skills and influencing skills.
• Excellent analytical and problem-solving skills.
• High ethical standards and integrity.