• Job Opportunties at Sapele Power Plc (SPP)

  • Posted on: 23 February, 2016 Deadline: 26 February, 2016
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  • Sapele Power Plc (SPP) is a leading Nigerian integrated energy company specializing in power generation. SPP operates Nigeria’s second largest power plant by installed capacity of 1020MW; capable of meeting the energy needs of around 750,000 homes at full capacity.

    SPP generates a considerable amount of Nigeria’s electricity - powering numerous homes and businesses nationwide. We have a strong focus on sustainable generation and are continually seeking to expand our generation network, as well as make efficiencies, and minimise environmental impacts

    Internal Auditor

     

    Job Objectives

    • To ensure compliance with Sapele Power Plc’s Policies, Procedures, and regulations. This objective will enhance reliability of financial reporting and information
    • To ensure Sapele Power Plc’s operational activities are in line with best industry standards. This will promote effectiveness and efficiency of operations
    • To ensure SPP’s operational activities are in compliance with all regulatory requirements.

    Key Responsibilities

    • Establish internal audit scope and develop annual risk-based audit plans/programs
    • Execute risk-based audit programs providing detailed and objective review of conformance with Sapele Power Plc operational and financial activities along with policies and procedures
    • Execute and monitor the audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable regulations
    • Conduct walkthroughs and testing of medium to low risk process to analyze operating effectiveness and design of main financial controls
    • Carry out audit report follow-up testing to identify if corrective action plans of management’s were executed on time and communicate results to senior executive management.
    • Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems
    • Ensuring Stock Take exercise is observed on last day of every month.
    • Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence.
    • Maintain open communication with management and audit committee
    • Document process and prepare audit findings memorandum
    • Coordinate the entire Internal Audit team, ensuring that the values required of the team are delivered

    Build capacity within the Internal Audit team of the Organization by:

    • Continuously reviewing the capacity required to support the team unit in delivering its functions effectively
    • Provide development opportunities for direct reports that challenge and expand their capability
    • Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas
    • Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by the HR function
    • Coaching and counseling of team members as necessary.

    Key Performance Indicators

    • Up to date details of all transactions and processes reviewed
    • Accurate value of available stocks in the entire business or group
    • Accurate postings of accounts per account types, Cost Centers and business location.
    • Timely delivery of monthly audit memorandum
    • Compliance to SPP’s operating standards.

    Functional Competencies/Requirements

    • Highly developed and demonstrated skills in analysis, conceptualization and problem solving
    • Strong business analysis skills and the ability to document and analyze business processes and their controls
    • Strong Financial and Management Accounting skills
    • Strong Computer literacy skills
    • In-depth understanding of Accounting software
    • In-depth understanding of Accounting systems.

    General Management Competencies/Requirements:

    • Strong Leadership skills
    • Strong Oral and Written Communication skills
    • Good Presentation Skills
    • Strong Negotiation Skills
    • Relationship Management
    • Strong Problem solving skills
    • Ability to plan, schedule and coordinate effectively.

    Educational Qualifications/Experience:

    • Minimum of university Degree or HND Accounting, Internal Audit (and or other recognized Professional Accounting Qualification ACCA or ACA)
    • Minimum of 5 years post professional qualification experience.
    • Knowledge of Power Sector Regulatory Requirements and Pronouncement would be an added advantage.

    Desired Personal Attributes:

    • Integrity
    • Proactive self-starter
    • Assertive and tenacious
    • Ability to work with little or no supervision
    • Ability to work with all levels of management, build partnerships and teams
    • Highly organized and able to adapt quickly to changing priorities
    • Ability to cope with and work under pressure.

    go to method of application »

    Financial Accountant

     

    Job Objectives

    • To manage the smooth running of the Financial Accounting operations of Sapele Power Plc
    • Ensure adherence to the accounting deliverables of Sapele Power Plc

    Key Responsibilities

    • Drive the Finance Operations as its affect various departments of the company
    • Champion the Implementation of all Financial Cycle Processes and Procedures
    • Preparing final accounts by ensuring all account schedules agree with the General ledger balances on Monthly, Quarterly, Bi Annual, and Annual basis.
    • Reconciliation of Balance Sheet balances to Sub-Ledger and ensure prompt correction of identified errors
    • Ensuring Financial Reports are prepared in accordance with IFRS regulations
    • Preparation of Monthly Management Report. Detailing Financial Performance against budget and provide comments on all variances
    • Attend to External Auditors on annual audit exercise and other External Consultants
    • Ensuring that all regulation levies are paid as and when due. E.g (WHT Remittances, VAT, PAYE and CIT)
    • Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems
    • Ensuring Stock Take exercise is observed on last day of every month.
    • Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence.
    • Ensuring transactions are coded into appropriate expense head and cost centers
    • Assist in extracting, collating and consolidation information needed to generate the company’s annual operating budget.
    • Coordinate the entire Finance team, ensuring they deliver the value required of the team
    • Build capacity within the Financial Accounting team of the Organization by:
      • Continuously reviewing the capacity required to support the team unit in delivering its functions effectively
      • Provide development opportunities for direct reports that challenge and expand their capability
      • Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas
      • Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by the HR function
    • Coaching and counseling of team members as necessary

    Key Performance Indicators:

    • Up - to - date Asset details; Acquisition, Movement register and depreciation
    • Up to date details of all Prepayments
    • Accurate value of available stocks in the entire business or group
    • Accurate postings of accounts per account types, Cost Centers and business location.
    • Adherence to Monthly Closing Deadlines
    • Timely delivery of financial reports/ Monthly Management Reports
    • Zero Tolerance on correcting journals from External Auditors

    Skills, Competencies and Requirements
    Functional Competencies/Requirements:

    • Financial Strategy Management
    • Financial Analysis Skills
    • Strong Financial and Management Accounting skills
    • Strong Computer literacy skills
    • In-depth understanding of Accounting softwares
    • In-depth understanding of Accounting systems

    General Management Competencies/Requirements:

    • Strong Leadership skills
    • Strong Oral and Written Communication skills
    • Good Presentation Skills
    • Strong Negotiation Skills
    • Relationship Management
    • Strong Problem solving skills
    • Ability to plan, schedule and coordinate effectively

    Educational Qualifications/Experience

    • Minimum of university degree or HND Accounting, Finance (and or other recognized Professional Accounting Qualification ACCA or ACA)
    • Minimum of 5 years post professional qualification experience.
    • Basic knowledge of Power and Energy Sector’s GSAA, GTA, PPA & Accounting systems would be an added advantage.

    Desired Personal Attributes:

    • Integrity
    • Proactive self-starter
    • Assertive and tenacious
    • Ability to work with little or no supervision
    • Ability to work with all levels of management, build partnerships and teams
    • Highly organized and able to adapt quickly to changing priorities
    • Ability to cope with and work under pressure

    go to method of application »

    Internal Audit Assistant

     

    Job Objectives
    Support the Internal Audit Manager to monitor and enforce internal control processes of Sapele Power Plc in order to achieve following objectives:

    • Reliability of Financial Reporting and Informatio
    • Operational Effectiveness and Efficiencies
    • Regulatory compliance

    Key Responsibilities

    • Assist in business process review across the various units of Sapele Power Plc
    • Identify weakness of controls and processes and suggest solutions to mitigate the gaps identified
    • Monitor level of compliance to SPP’s processes and procedures
    • Prepare weekly exception report and monitor the processes of rectifying the exception noted.
    • Assist in the improvement of internal controls related to inventory management
    • Improve and manage inventory analysis report and produce monthly inventory valuation report
    • Participation in monthly stock count and reconciliation
    • Assist in monthly Payroll review and produce variance analysis report.
    • Ensure petty cash are managed in line with SPP’s policy and financial operation guidelines
    • Conduct cash count at a regular interval
    • Continuous review of payments and approval processes.

    Key Performance Indicators:

    • Up to date details of all transactions and processes reviewed
    • Monthly Inventory Observation Report
    • Accurate postings of accounts per account types, Cost Centers and business location.
    • Timely delivery of weekly audit report
    • Compliance to SPP’s operating standards

    Functional Competencies/Requirements:

    • Highly developed and demonstrated skills in analysis, conceptualization and problem solving
    • Moderate business analysis skills and the ability to document and analyze business processes and their controls
    • Moderate Computer literacy skills
    • Basic understanding of Accounting software
    • Basic understanding of Accounting systems

    General Management Competencies/Requirements:

    • Strong analytical skills
    • Good written and oral communication skills, able to communicate basic financial matters to non-technical experts
    • Strong commercial awareness
    • Ability to bring a “hands on” approach to the work if needed
    • Positive "can do" spirit
    • Basic understanding of operations in the Energy and Power Industry

    Educational Qualifications/Experience

    • Minimum of university degree or HND Accounting (and or other recognized Professional Accounting Qualification ACCA or ACA)
    • Minimum of 3 years post professional qualification experience.

    Desired Personal Attributes:

    • Team Player
    • Proactive self-starter
    • Flexibility to adapt to a variety of work situations
    • Highly organized and significant ability to multi-task
    • Ability to cope with and work under pressure
    • The ability to manage and motivate a team
    • Used to working in fast moving environments providing accurate and timely information to a high standard.

    Method of Application

    Applicants should forward their Cover letter with Applications to recruitment@sapelepower.com

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