Account Officer – Projects at Ibadan Electricity Distribution Company (IBEDC) Plc January, 2025

Account Officer – Projects at Ibadan Electricity Distribution Company (IBEDC) Plc January, 2025

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Job Description

To account and report cash collection figures in line with the treasury policies of the company, and, also ensure all funds collected by the Aggregator are remitted into the company’s designated accounts.

Job Requirements

  1. A Bachelor’s Degree in Finance, Accounting or any related field -An MBA or relevant postgraduate degree is an added advantage.
  2. 2-3 years of experience 

Technical Competencies

  1. Strong understanding of the business of IBEDC and related businesses in the electricity sector
  2. Strong business acumen
  3. Treasury and Cash Management
  4. Banking industry and operations
  5. Financial Management & corporate financing
  6. Investment & Risk Management/ Portfolio Management
  7. Strong negotiation skills
  8. Financial Analysis/Interpretation
  9. Business Performance Management
  10. Financial Management Process knowledge

Behavioural Competencies 

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

Job Responsibility

  1. Ensures monitoring of customers’ payments and ensures the costs are properly accounted for.
  2. Ensures reconciliation with Project Collection Aggregators in respect of metering projects.
  3. Ensures monthly reconciliation of operating accounts with the business hubs.
  4. Prepares all metering project bank reconciliation accounts.
  5. Ensures that customer complaints reported daily are resolved immediately.
  6. Monitors customers’ payments on the Internet banking platforms of all metering projects.
  7. Maintains day-to-day banking relationships and operations- with the metering project banks.
  8. Carry out other sundry assignments as directed by the Head, Treasury Services & Revenue Management.

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