Jobs at Ibadan Electricity Distribution Company (IBEDC) Plc

Job Description

This job role ensures that the company’s accounts are well prepared, analyzed, and presented for accuracy, completeness and integrity.

Job Requirements

• A Bachelor's Degree in Finance, Accounts, or any related field. 
• An MBA or relevant postgraduate degree is an added advantage.
• Membership in at least one of the following professional bodies is required: Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Certified Accountants (ACCA)
• At least 10 years of post-qualification experience in Finance and Accounts (particularly in financial control, reporting, and management).

Technical competencies

• Strong understanding of the business of IBEDC and related businesses in the electricity sector. 
• Strong knowledge of regulatory stipulations vis-à-vis financial statements. 
• Revenue/Expenditure Management. 
• Knowledge of all relevant Financial Management processes. 
• Strong financial and business acumen. 
• Financial, Management, and Cost Accounting.
• Accounting Policies & Standards. 
• Business Performance Management 
•  Financial Management Process knowledge (Accounts Payable/Receivable) 
• Strong financial analysis and reporting skills. 
• Robust asset management skills.

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

Job Responsibility

• Supervises day-to-day accounting operations and book-keeping including Spend Management, Receivables, etc.  
• Supervises the preparation of management accounts. 
• Ensures appropriate systems and internal controls are implemented and maintained.  
• Ensures timely commencement and completion of external audit.
• Ensures accurate recording and appropriate treatment of accounting data, including processing of payables, credit adjustments on receivables, assets, inventory, etc.  
• Provides periodic and ad-hoc financial analysis and reports for relevant stakeholders. 
• Maintain relationships with external auditors, regulatory authorities, and other government agencies.  
• Oversees the coordination of all Business Hub and HQ Accounts in line with company policy.  
• Ensures effective implementation and smooth running of SAGE ERP. 
• Health, Safety and Environment
• Carry out other sundry assignments as directed by the Chief Financial Officer
• Knowledge of relevant accounting software/ applications

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Job Description

This job role drives financial forecasts for variance control and tax management in compliance with extant laws.

Job Requirements

• A Bachelor's Degree in Finance, Accounting, Statistics, Mathematics, Economics, or any related field. 
• Membership of any of the following professional bodies is required: Chartered Institute of Taxation of Nigeria (CITN), Institute of Charted Accounts of Nigeria (ICAN), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accounting (CIMA).
• At least 5 years post-qualification experience in the tax field or related discipline.

Job Responsibility

• Prepares financial planning and forecasting tools that are in line with corporate goals.
• Oversees financial planning process and monitors overall budget performance (variance analysis).
• Reviews Financial Plans and Budgets, and guides each department to ensure realistic plans.
• Ensures compliance with corporate tax policies across the franchise. 
• Respond to tax queries from relevant tax authorities. 
• Ensures prompt processing, remittance, and reconciliation of all statutory obligations in compliance with regulatory requirements. 
• Liaises with the Consolidation and Financial Reporting on all local tax matters. 
• Liaises with various local tax authorities to resolve outstanding Tax matters. 
• Health, Safety and Environment. 
• Carry out other sundry assignments as may be directed by the Chief Financial Officer.