Revenue Assurance Lead at Ikeja Electricity Distribution Company (IKEDC)

Ikeja Electricity Distribution Plc, 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.

The consortium has the Korean Electric Power Corporation (KEPCO) which generates about 84,000MW in capacity and has a global efficiency record of a maximum down time period of slightly above three minutes annually as technical partners.

This partnership has positioned IE to effectively drive its commitment to deliver efficient and sustainable power supply through investments in new technology, infrastructure upgrade and human capital development.

We are recruiting to fill the position of:

Job Title: Revenue Assurance Lead

Location: Lagos

Role Accountabilities

• Assist with detecting areas of high financial leakages and design appropriate strategies to enforce compliance with operational process affecting revenue
• Assist with carrying out periodic Quality Assurance (QA) on revenue protection processes and recommend improvement opportunities
• Liaise with relevant units and departments in confirming the integrity and assurance of Energy Received by the Disco
• Conduct assurance on invoice sent by the market operator
• Perform assurance test on energy shared across feeders, Business Units and Undertakings
• Perform Quality Assurance on revenues billed across business units
• Assist with conducting periodic review of standard operating process within entire revenue value chain
• Perform revenue assurance test on revenue and billing activities
• Access structures put in place to detect and avoid energy theft
• Develop and effect strategies required to reduce revenue leakage
• Assist in effecting strategies required to boost revenue and increase collection efficiency.

Experience & Qualifications

• 5+ years working experience (commercial experience is an added advantage).
• Prior working experience in a utility company.
• B.Sc in any of Accounting, Statistics, Economics, Business Administration or Engineering field. Professional qualification is desirable.
• Age: Not more than 40 years.

Skills & Competencies

• Proficiency in Microsoft Excel, Word and Access
• Usage of Relevant Revenue Assurance Software
• Analytics and Report Writing Skills.
• Good Communication Skills.
• Knowledge of NERC/collections regulations and guidelines.

Personal Qualities

• Self-motivated with ability to lead and take ownership and responsibility
• Ability to multi-task, work under pressure to meet tight deadlines
• Fast learner, energetic and enthusiastic
• Adaptable to flexible business demands.

Application Closing Date
1st October, 2015.

How to Apply
Interested and qualified candidates should:
Click here to apply online