The Nigerian Electricity Regulatory Commission (NERC) is the independent regulatory agency mandated by Government to monitor and regulate the electricity industry in Nigeria. The Commission is committed to promoting and ensuring efficient market structures and an investor-friendly industry to meet Nigeria's need for safe, adequate, reliable and affordable electricity.
To drive the achievement this mandate, the Commission seeks to recruit qualified professionals for vacant positions in the Office of the Chairman and its 6 specialized Divisions.
NERC is recruiting to fill the position of:
Job Title: Manager - Principal Manager, Tariff and Rates
Job summary:
This job holder will lead one of the teams in the Group responsible for developing tariff methodologies, effective implementation of tariff regulations in a specific sector(s) of the electricity industry. S/He will report to the Deputy General Manager, Tariff and Rates.
Key Responsibilities
Assists and amends appropriate methodologies, policies, procedures and guidelines for regulating electricity tariffs
Analyses the impact of cross subsidies and advises on measures required to avoid undue discrimination between consumers and consumer categories
Establishes the contribution rates to be made by designated consumers and class of consumers and eligible customers to the Power Consumer Assistance Fund and the subsidies to be disbursed from the Power Consumer Assistance Fund
Carries out analyses to establish appropriate levels of lifeline tariffs and rates for different classes of customers
Assesses the impact of contribution rates to the PCAF on eligible customers and consumers who have to assume the burden of such contributions
Assists in reviewing the mechanism for the implementation of the Power Consumer Assistance Fund
Assists with the process of reviewing tariff filings and applications
Analyses matters for hearing, and assist with the organization of public hearings or any other regulatory proceeding to obtain any required information, representation or objection, to ensure that the proposed change in tariff is fair to all stakeholders (licensees and consumers)
Assists with the development and the review of the process and obtain approvals for new tariffs or review of existing tariffs including review of tariff model and MYTO
Assists with the development of the procedure for monitoring and ensuring compliance of operators with approved tariff regime
Assists with the development of framework, determine appropriateness and assess different levels of fees and charges and their implications
Prepares periodic reports relevant to the Tariff and Rates Unit
Works with consultants engaged for assignments relevant to Tariff and Rates Unit
Required Knowledge and Skills
Must demonstrate good understanding of tariff determination methodologies, particularly in the Nigerian Electricity Supply Industry (NESI)
Demonstrably good computer and quantitative skills, learning/training in econometrics or regulatory economics
Experience in financial or economic modelling and analysis and statistical techniques (compulsory for applicants in the Manager – Assistant General Manager Grades and a definite advantage for those in lower grades)
High quality written and oral communication skills and the ability to research, draft and present scholarly papers and presentations on key regulatory and tariff-related concepts and initiatives to a wide range of audiences
Must demonstrate good understanding of the current status of the NESI, the current reform imperatives and the electricity market structure mandated by the Electric Power Sector Reform Act, 2005
Proven ability to perform independent research
Ability to learn and apply listening and negotiation skills
Self-starting, proactive and self-censoring with capacity for independent thought and analysis
Focus on high standards and quality
Firm ethical grounding, discipline and integrity
Good organisational and leadership skills
Good knowledge of project management and evaluation
Educational / Professional Qualification(s)
Bachelor's degree in any of the following disciplines – Engineering, Economics, Mathematics, Statistics, Accountancy, Banking & Finance or other numerate discipline – with a minimum of second class upper (2.1) if a holder of only a bachelor’s degree or a minimum of a good second class lower (2.2) in the disciplines listed above plus a relevant thesis-driven postgraduate qualification from a reputable tertiary institution
Relevant professional qualifications in any of the disciplines listed above
Work Experience
Minimum of 9 - 15 years’ post graduate experience
Possess relevant working experience, from related sector/organisation with demonstrable understanding of or practical electricity sector experience
Real experience of working in or leading multi-disciplinary teams under tight timelines would be an added advantage
Experience working with and building financial/economic models will be an added advantage