Job Vacancies at Ikeja Electricity Distribution Company (IKEDC)

Role Purpose

• This role is responsible for timely and accurate payment of all bills related to energy charges, transmission charges, vendor invoices and other payments.

Responsibilities

• Create an efficient network for working out and distributing payments promptly.
• Prepare monthly payment schedule to assist in projecting future cash outflows.
• Coordinate with other departments and business units for relevant supporting documentations, ensuring compliance.
• Ensure that company’s invoices are precisely administered.
• Ensure that payments are made to and/or on behalf of clients, suppliers and other third parties on a timely basis and in accordance with the applicable service level agreement.
• Reconcile the general ledger account and provide necessary schedules. Carry out bank reconciliation review.
• Coordinate all banking activities.
• Ensure the correct treatment of withholding tax and ensure the prompt remittance to the appropriate authorities to avoid any penalties
• Liaise with internal and external auditors with regards to treasury issues,
• Maintain the confidentiality and integrity of the payroll functions.
• Petty cash Management.
• Process all employee claims for travel-related and other expenses.
• Monitor aging and due dates of payables.
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned jobs.
• Carry out any other duty as requested by Head Treasury Management or Head of Department.

Minimum Qualifications

• Bachelor’s Degree in a Finance/ Accounting / Commercial or Social Science discipline
• 3 - 5 years relevant work experience within a similar role
• Must be a Chartered Accountant (ACA / ACCA)

Technical Competencies:

• Treasury Management & Cash Flow Forecasting
• Profit & Loss Management
• Revenue Management
• Accounting Policies and Transactions
• Financial Statement Preparation and Analysis.

Behavioral Competencies:

• Communication and Interpersonal Relations
• Supervisory / Managerial Skills
• Problem Solving and Decision Making
• Managing Resources
• Business Focus.

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Role Purpose

• This role is responsible for all financial accounting and compilation for the business unit and undertaking.

Responsibilities

• Ensure compliance of financial audit
• Manage inter unit account settlements
• Maintain various accounts & registers
• Review and verify all Journal entries to the books/sub ledger
• Assist in financial vetting
• Compile MIS, & other reports.
• Responsible for co-ordination courier mail and dispatch.
• Carry out any other duty as requested by financial & Administration Manager or Business Manager.

Minimum qualifications

• This role requires a First Degree or its equivalent diploma qualification in Finance & Accounts.
• Requires minimum of 5 years relevant work experience with advanced/ extensive knowledge and mastery of relevant theories, principles and complex techniques gained through broad experience or special development.

Technical Competencies:

• Accounting Policies and Transactions
• Treasury Management & Cash Flow Forecasting
• Financial Analysis and Planning
• Management Accounting

Behavioral Competencies

• Communication and Interpersonal Relations
• Supervisory/Managerial Skills
• Problem Solving and Decision Making
• Managing Resources
• Business Focus

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Role Purpose

• This role is responsible for the effective and efficient workflow and performance of the accounts receivables.

Responsibilities

• Prepare bank statements and payments received.
• Ensures daily banking and monthly reconciliations of customer receipts accounts is completed.
• Ensure closure of all Finance assigned customers complaints through CRM.
• Ensure accurate reconciliation of customers account for adjustment, migration of postpaid outstanding balances to prepaid platform.
• Reconciliation of bank tellers, card replacement and direct remittance, uncredited payment schedule to Billing department.
• DC-RC report preparation and Collection update on DTO and MK4Dlist.
• Perform computation of bill amount and tracking adjustments.
• Prepare bill abstract for payment and drawing journal vouchers.
• Ensure payment of all staff claims, external claims, and time bound tax related claims approved at Business unit level.
• Perform reconciliation of various payment channels at business unit.
• Maintain an accurate monthly payment schedule to assist in projecting future cash outflows.
• Supervise preparation of monthly journal entries and account reconciliations, and year-end audit schedules for accounts payable and the related accrual and prepaid accounts.
• Timely provision of all required documentation and information required for an effective internal and external audit process
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned jobs.
• Carry out any other duty as requested by financial & Administration Manager or Business Manager.

Minimum qualifications

• Bachelor’s Degree in a Finance/ Accounting / Commercial or Social Science discipline
• Minimum of 5 years relevant work experience within a similar role
• Must be a Chartered Accountant (ACA/ ACCA)

Technical Competencies:

• Accounting Policies and Transactions
• Treasury Management & Cash Flow Forecasting
• Financial Analysis and Planning
• Management Accounting.

Behavioral Competencies:

• Accounting Policies and Transactions
• Treasury Management & Cash Flow Forecasting
• Financial Analysis and Planning
• Management Accounting.