Treasury Specialist at Ikeja Electricity Distribution Company (IKEDC)

Ikeja Electricity Distribution Company (IKEDC) - Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, the Ikeja Electric (IE), Nigeria's largest power distribution network, came into existence on November 1st, 2013 following the handover of the defunct Power Holding Company Of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

We are recruiting to fill the position below:

Job Title: Treasury Specialist

Location: Lagos
Job Type: Full time
Reporting To: Finance & Administration Manager

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.

Application Closing Date
30th August, 2022.