Manager - Regulatory Financial Reporting Analysis at the Nigerian Electricity Regulatory Commission (NERC)

The Nigerian Electricity Regulatory Commission (NERC) is an independent body, established by the Electric Power Sector Reform Act of 2005 to undertake technical and economic regulation of the Nigerian Electricity Supply Industry. The Commission is to, among others license operators, determine operating codes and standards, establish customer rights and obligations and set cost reflective industry tariffs. The Commission has its head quarters in Abuja.

Applications are invited from suitable candidates to join our team in an exciting career of regulating the Nigerian Electricity Supply Industry in the position below:

Job Title: Manager - Regulatory Financial Reporting Analysis

Location: Nigeria
Division: Markets Competition and Rates

Job Description

• Undertake detailed analysis of financial statements of Licensees and identifies any regulatory and statutory compliance issues. 
• Carry out detailed analysis and advice on different financial parameters for tariff determination. 
• Evaluate licensees’ business plans, budgets and program and advices on the appropriate capital and operating expenditures as well as establish investment trends in the various sectors. 
• Conduct the necessary analysis and provides input into the determination of license fees, levies and other charges. 
• Review licensees’ requests for pass through costs and carry-out reconciliation of pass through costs. 
• Participate in the on-site review and examination of licensees’ financial and accounting records. 
• Assist in preparing periodic reports relevant to the functions and activities of the Group and the Division. 

Requirements

• First Degree in Accounting, Actuarial Science, Business Administration, Economics, Statistics, Mathematics, Engineering and any numerate discipline. 
• Possession of a Professional accounting qualification is necessary (ACCA, ACA, CNA, CPA). Possession of a CFA certificate will be an added advantage. 
• Minimum years of work experience: 9 years and not more than 40 years of age. 
• Relevant working experience (including NYSC) obtained in the NESI or in a Nigerian electricity sector reform agency, an academic institution, a Nigerian or foreign or international financial commercial, industrial or regulatory institution, enterprise or NGO in a relevant sector, a multilateral development institution, and or a consulting or professional services firm with demonstrable experience in auditing, cost and management accounting. 
• Experience working with and building financial/economic models is an added advantage.

Application Closing Date
15th July, 2022. (12:00 Midnight)