Head, Financial Control, Reporting & Analysis at Ibadan Electricity Distribution Company (IBEDC)

Ibadan Electricity Distribution Company (IBEDC) Plc - Headquartered in Ibadan is responsible for electricity distribution within the south western zone (Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states). We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.

We are recruiting to fill the position below:

Job Title: Head, Financial Control, Reporting & Analysis

Location: Ibadan, Oyo
Job Type: Full-time

Job Description

• This job role ensures that the company’s accounts are well prepared, analyzed, and presented for accuracy, completeness and integrity.

Job Responsibilities

• Supervises day-to-day accounting operations and book-keeping including Spend Management, Receivables, etc.  
• Supervises the preparation of management accounts. 
• Ensures appropriate systems and internal controls are implemented and maintained.  
• Ensures timely commencement and completion of external audit.
• Ensures accurate recording and appropriate treatment of accounting data, including processing of payables, credit adjustments on receivables, assets, inventory, etc.  
• Provides periodic and ad-hoc financial analysis and reports for relevant stakeholders. 
• Maintain relationships with external auditors, regulatory authorities, and other government agencies.  
• Oversees the coordination of all Business Hub and HQ Accounts in line with company policy.  
• Ensures effective implementation and smooth running of SAGE ERP. 
• Health, Safety and Environment
• Carry out other sundry assignments as directed by the Chief Financial Officer
• Knowledge of relevant accounting software/ applications.

Job Requirements

• A Bachelor's Degree in Finance, Accounts, or any related field. 
• An MBA or relevant postgraduate degree is an added advantage.
• Membership in at least one of the following professional bodies is required: Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Certified Accountants (ACCA)
• At least 10 years of post-qualification experience in Finance and Accounts (particularly in financial control, reporting, and management).

Technical competencies:

• Strong understanding of the business of IBEDC and related businesses in the electricity sector. 
• Strong knowledge of regulatory stipulations vis-à-vis financial statements. 
• Revenue/Expenditure Management. 
• Knowledge of all relevant Financial Management processes. 
• Strong financial and business acumen. 
• Financial, Management, and Cost Accounting.
• Accounting Policies & Standards. 
• Business Performance Management 
•  Financial Management Process knowledge (Accounts Payable/Receivable) 
• Strong financial analysis and reporting skills. 
• Robust asset management skills.

Behavioral competencies:

• An analytical mindset with excellent problem-solving skills.
• Excellent written and verbal communication skills. 
• Able to work under pressure and meet deadlines.  
• Excellent interpersonal skills.
• Able to manage sensitive and confidential information. 
• Self-motivation and ability to take responsibility. 
• Able to manage and prioritize tasks and time efficiently.  

Application Closing Date
Not Specified.