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Full Time |
Posted 5 years ago |
Ikeja Electricity Distribution Company (IKEDC) is currently recruiting to fill the position as Financial Analysis & Reporting Lead
Job Title: Financial Analysis & Reporting Lead
LOCATION: Lagos
JOB TYPE: Full time
REPORTING TO: Head Management Accounting
Role Purpose
- This role is responsible for assisting the Head Management Accounting in Financial Analysis, Rates and Tariffs, and Management Reporting.
Responsibilities
Rates and Tariffs:
- Review the MYTO model to ensure correctness and completeness.
- Regular updating of the MYTO model.
- Expand the MYTO model from its current annual configuration to a monthly basis, and expand the factors on which a true-up adjustment can be based to reflect the additional factors such as ATC&C losses and customer numbers (by tariff category).
- Use different assumptions to simulate possible tariff paths that would ensure the revenue requirement is met within the price control period as determined by NERC from time to time.
- Preparation of other tariffs that might be required by the business.
Management Reporting:
- Ensure that all financial and statutory regulations are complied with
- Ensure that accounting policies, guidelines for recording financial transaction, prudent accounting
- Preparation of Management Reports.
- Preparation of internal and external reports
- Carrying out financial analysis as may be required.
- Overseeing the inventory process and accounting.
- Assist in the preparation and carrying out of internal and external audits.
- Carry out any other duty as requested by The Head, Management Accounting
Minimum Qualifications
- First Degree in a numerate subject, deep experience in financial analysis and use of analytical tools with at least 5 years. Relevant professional qualification will be an added advantage
- Requires between 6 years’ relevant work experience with advanced/ extensive knowledge and mastery of relevant theories, principles and complex techniques gained through broad experience or special development.
- Relevant professional qualifications e.g. ACA, ACCA are essential.
Apply Now
Job Features
Deadline | 13th March, 2020. |