Job Vacancies 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

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

Behavioural 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-motivation and ability to take responsibility.
• Able to manage and prioritise tasks and time efficiently.

Job Responsibility

• Reports the sales vis-a-vis cash collection every month.
• Reconciles cash collection figures with the Aggregator on a daily, weekly, and monthly basis
• Reconciles cash collection with the Business Hubs monthly.
• Raising appropriate journal entries into the General Ledger every month.
• Reports of actual payment of energy invoices and outstanding balances due to service providers.
• Reports the status of loans and repayments.
• Carry out other sundry assignments as directed by the Head of Treasury Services & Revenue Management

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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 

• 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

Behavioural 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-motivation and ability to take responsibility.
• Able to manage and prioritize tasks and time efficiently. 

Job Responsibility

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