Graduate Level Recruitment at Abuja Electricity Distribution Company, March 2017

The Abuja Electricity Distribution Company (AEDC Plc) one of the 11 privatized Electricity Distribution companies in Nigeria that operates in the following states; Kogi, Niger, Nasarawa and Abuja, is presently recruiting for the job positions below:

Job Title: Business/Financial Analyst
Location:
Abuja
Job Description

  • This position provides the successful candidate with the opportunity to make an immediate bottom-line impact in a promising Company.
  • We are a highly entrepreneurial environment and a company that is positioned for significant growth. We welcome individuals who are interested in an opportunity that rewards hard work and is results focused.

Roles and Responsibilities

  • Provide timely, relevant, accurate and frequent reporting & analysis of Company’s performance against historical, budgeted, forecasted and strategic planning results with recommendations on corrective actions as necessary
  • Support the development of key business performance metrics using financial analysis techniques, tools, and concepts to provide practical insights into KPI development to drive operating performance and business results
  • Present results of financial analyses report with recommendations to management using Microsoft’s excel, PowerPoint, Word and similar applications software to create/display charts, graphs and dashboards to visualize results
  • Facilitate monthly meetings with Regional, Area Offices and other SBUs as necessary to discuss historical financial results and future performance providing practical counsel on achievement of performance targets
  • Carry out financial analysis at multiple complexity levels with deep understanding of finance terms and concepts such as: Rate of return, Payback Period, Net Present Values, Cost of Capital, Depreciation, Working Capital, Deb, Equity etc.
  • Support the development of annual budgets in conjunction with relevant process owners and develop performance reporting processes to track implementation. Monitor the budget and any revised forecasts throughout the year by preparing standard monthly management reports and variance analyses on budget and forecasts
  • Support special projects development by leading the investment analysis effort, including development of business case, financial feasibility and project justification to management.
  • Facilitate communication and understanding of finance and related analytics between the field operations and relevant head office functions
  • Monitor and track key performance metrics against the company’s strategic objectives
  • Investigate and report to CFO and/or Financial Controller any inconsistencies or improprieties.
  • Conduct market and industry research which could include data mining, market intelligence efforts
  • Maintain and develop various financial models and standard templates for use by colleagues during the planning process to ensure quality, accuracy and focused analytic reviewDrive financial modelling activities for tariff negotiations and other reviews as necessary with the industry regulator and other stakeholders
  • Assist in collation of data and ensuring data integrity as required for developing strategic plan, annual operating plans with interpretation of financial data to assist management with strategic planning
  • Carry out training of colleagues and peers on functions and activities being carried out and ensure training material/documentation is kept current
  • Assist in the preparation of materials for the Board of Directors, Executive team & Shareholders
  • Work on ad-hoc projects/analyses as required from time to time.

Qualifications & Requirements

  • 5+ years of progressive experience
  • Commercial skills – a commercial flair for developing business along with financial acumen and negotiating capacity.
  • High Execution Quotient (EQ) with a strong focus on results
  • Advanced skills in Microsoft Excel, PowerPoint & Word
  • Entrepreneurial – must fit with the entrepreneurial culture of a high growth company. The individual must be comfortable operating without high degrees of oversight and direction.
  • Basic Database skills is a plus incl. familiarity with Microsoft Access & SQL
  • Highly analytical, with strong financial analysis skills

General Qualification:

  • Integrity and profesionalism
  • Good Computer skills i.e. able to use Microsoft package effectively
  • Good interpersonal and Comunication skills
  • Self motivation and self initiative
  • Skills to do analyses and statistics
  • Ability to work under pressure and meet deadlines

Job Title: Senior Business / Financial Analyst
Location:
Nigeria
Job Description

  • This position provides the successful candidate with the opportunity to make an immediate bottom-line impact in a promising Company. We are a highly entrepreneurial environment and a company that is positioned for significant growth.
  • We welcome individuals who are interested in an opportunity that rewards hard work and is results focused.

Key Roles / Responsibilities

  • Provide timely, relevant, accurate and frequent reporting & analysis of Company’s performance against historical, budgeted, forecasted and strategic planning results with recommendations on corrective actions as necessary.
  • Support the development of key business performance metrics using financial analysis techniques, tools, and concepts to provide practical insights into KPI development to drive operating performance and business results.
  • Present results of financial analyses report with recommendations to management using Microsoft’s excel, PowerPoint, Word and similar applications software to create/display charts, graphs and dashboards to visualize results.
  • Facilitate monthly meetings with Regional, Area Offices and other SBUs as necessary to discuss historical financial results and future performance providing practical counsel on achievement of performance targets.
  • Carry out financial analysis at multiple complexity levels with deep understanding of finance terms and concepts such as: Rate of return, Payback Period, Net Present Values, Cost of Capital, Depreciation, Working Capital, Deb, Equity etc.
  • Support the development of annual budgets in conjunction with relevant process owners and develop performance reporting processes to track implementation. Monitor the budget and any revised forecasts throughout the year by preparing standard monthly management reports and variance analyses on budget and forecasts.
  • Maintain and develop various financial models and standard templates for use by colleagues during the planning process to ensure quality, accuracy and focused analytic reviewDrive financial modelling activities for tariff negotiations and other reviews as necessary with the industry regulator and other stakeholders
  • Manage the transaction process of approved business opportunities coordinating both internal and external teams of professionals involved in the transaction.
  • Monitor and track key performance metrics against the company’s strategic objectives
  • Investigate and report to CFO and/or Financial Controller any inconsistencies or improprieties.
  • Conduct market and industry research which could include data mining, market intelligence efforts.
  • Assist in collation of data and ensuring data integrity as required for developing strategic plan, annual operating plans with interpretation of financial data to assist management with strategic planning.
  • Support special projects development by leading the investment analysis effort, including development of business case, financial feasibility and project justification to management.
  • Facilitate communication and understanding of finance and related analytics between the field operations and relevant head office functions.
  • Identify and develop new initiatives/business opportunities which includes assessing of the potential impact of proposed opportunities and making detailed presentation of business case to executive management.
  • Carry out training of colleagues and peers on functions and activities being carried out and ensure training material/documentation is kept current.
  • Assist in the preparation of materials for the Board of Directors, Executive team & Shareholders.
  • Work on ad-hoc projects/analyses as required from time to time

Qualifications

  • 7+ years of progressive, relevant experience.
  • Investment Banking/Corporate Finance Experience.
  • Management Consulting Experience a plus.
  • High Execution Quotient (EQ) with a strong focus on results.
  • Advanced skills in Microsoft Excel, PowerPoint & Word.
  • Basic Database skills is a plus incl. familiarity with Microsoft Access & SQL.
  • Commercial skills – a commercial flair for developing business along with financial acumen and negotiating capacity.
  • Entrepreneurial – must fit with the entrepreneurial culture of a high growth company.
  • The individual must be comfortable operating without high degrees of oversight and direction.
  • Highly analytical, with strong financial analysis skills.
  • Excellent Communication Skills.

Job Title: Junior Business/Financial Analyst
Location:
Abuja
Job Description

  • This position provides the successful candidate with the opportunity to make an immediate bottom-line impact in a promising Company.
  • We are a highly entrepreneurial environment and a company that is positioned for significant growth.
  • We welcome individuals who are interested in an opportunity that rewards hard work and is results focused.

Roles and Responsibilities

  • Support the budget development process leading data collation and interface with business functions ensuring quality and integrity of input data.
  • Update the monthly or periodic budget performance tracking template and analyzing variance and investigation causes.
  • Prepare performance reports and tracking of KPIs in line with established reporting and mechanisms with discussion on observed performance and trends using Microsoft’s excel, PowerPoint, Word and similar applications software to create/display charts, graphs and dashboards to visualise results.
  • Provide facilitation support at monthly meetings with Regional, Area Offices and other SBUs as necessary to discuss historical financial results and future performance providing practical counsel on achievement of performance targets.
  • Continuously seek ways to automate manual departmental processes by developing simple financial models and standard templates to enhance productivity.
  • Carry out data collation and ensuring data integrity as required for developing tactical and operational plan.
  • Provide support to senior team members on special projects assisting with data inputs and analysis and inputs necessary for the investment analysis efforts.
  • Work on ad-hoc projects/analyses as required from time to time.

General Qualification

  • Integrity and profesionalism
  • Good Computer skills i.e. able to use Microsoft package effectively
  • Good interpersonal and Comunication skills
  • Self motivation and self initiative
  • Skills to do analyses and statistics
  • Ability to work under pressure and meet deadlines

Job Title: Accountant
Location:
Abuja
Job Summary

  • Under direction, performs a variety of professional level accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling complex financial transactions, statements, records, and reports; maintains the accuracy of the Company’s ledgers and subsidiary financial systems; assists in the preparation of assigned budgets, annual audit, and year end closing; and provides highly responsible staff assistance to assigned management staff.

Detailed Job Description, Accountant

  • Accurate data capture of transactions into accounting software on proof of adequate supporting documentation.
  • Reconciliations of staff, banks and vendor accounts.
  • Accurate capture of tax liabilities, tax minimization and service of tax commitments.
  • Monitor bank payments and reconcile to the payment plan.
  • Assist in audit process through timely and comprehensive response to all audit queries.
  • Assist in identifying and capturing of asset transactions and maintenance of accurate and up to date assets register and other supporting accounting schedules.
  • Assist in identifying inventory transactions, recording and reconciliation of inventory records and valuation.
  • Perform revenue and receivables reconciliations.
  • Perform any other duties as assigned from time to time.

Desired Personal Attributes and Qualifications

  • Knowledge of IFRS and provisions applicable to the utility sector.
  • Team player with a passion for excellence, get- it- right- first- time mentality.
  • Organized, analytical, critical thinker with bias for problem-solving.
  • Thirst for perfection, timely delivery and accuracy.
  • Minimum B.Sc/BA in Accounting, Finance or Business related course.

General Qualification:

  • Integrity and profesionalism
  • Good Computer skills i.e. able to use Microsoft package effectively
  • Good interpersonal and Comunication skills
  • Self motivation and self initiative
  • Skills to do analyses and statistics
  • Ability to work under pressure and meet deadlines

Job Title: Senior Accountant
Location:
Nigeria
Job Description

  • Under direction, performs a variety of professional level accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling complex financial transactions, statements, records, and reports; maintains the accuracy of the Company’s ledgers and subsidiary financial systems; assists in the preparation of assigned budgets, annual audit, and year end closing; and provides highly responsible staff assistance to assigned management staff.
  • This position provides the successful candidate with the opportunity to make an immediate bottom-line impact in a promising Company.

Roles and Responsibilities

  • Coordinate the posting and documentation of transactions across the business operations and head office
  • Review business transactions internally to ensure compliance with company rules and group policy
  • Prepare monthly comprehensive financial reports to meet aggressive deadlines for use by both internal and external stakeholders
  • Perform analyses and prepare internal reporting package including operating metrics, financial controls and performance indicators to help in improving business performance
  • Responsible for the coordination efforts between sections within finance and other departments to ensure proper work flow, efficiency and cost control
  • Identify opportunities to, and improve efficiency and quality of processes in the department
  • Champion compliance with IFRS and approved internal financial reporting procedures
  • Work with external Auditors to facilitate statutory audit process
  • Ensure effective reconciliation of accounting schedules and manage recurring items
  • Effectively communicate with people at all levels
  • Strong mentorship skills and ability to build staff capacity on financial best practice
  • Carry out other duties as assigned from time to time.

Desired Personal Attributes and Qualifications

  • Knowledge of IFRS and provisions applicable to the utility sector
  • Conversant with the monthly and year end closing procedures
  • Strong organizational, problem-solving and analytical skills, a critical thinker
  • Provide guidance and direction to internal team for improving operational and financial performance
  • Manage priorities and workflow
  • Good judgement with the ability to make timely and sound decisions
  • In-depth understanding of internal and external economic and financial issues which impact the business and future trends
  • Understand critical business processes and use best judgement to proffer solutions
  • Minimum B.Sc/BA in Accounting, Finance or Business related course/Masters in these fields would be a plus
  • Minimum of seven years’ relevant experience

General Qualifications:

  • Integrity and professionalism
  • Good Computer skills i.e. able to use Microsoft package effectively
  • Good interpersonal and Communication skills
  • Self motivation and self initiative
  • Skills to do analyses and statistics
  • Ability to work under pressure and meet deadlines

Job Title: Distribution Substation Officer (DSO)
Location:
Abuja
Job Description

  • The DSO is to Participate in team work as assigned by the Team lead in the management of Technical services operations to achieve optimum energy availability and distribution, operational safety, System Protection and Control and network expansion

Key Roles and Responsibilities

  • Monitoring of all power apparatus in the Injection Substation
  • Taking hourly reading on Power Equipment
  • Receive and relay operational messages to relevant stakeholders.
  • Perform any other assignment as may be directed by the Team Lead Operation.
  • Controls equipment, such as current converters, voltage transformers, and circuit breakers that regulate flow of electricity through substation of electric power system and over distribution lines to consumers.
  • Communicates with LOAD DISPATCHER to report amount of electricity received into substation, and to receive switching instructions
  • Carry out switching on power supply control devices and Equipment
  • Coordination of outages both planned and forced outages.
  • Ensure operational switching safety
  • Recognize danger and report any malfunction/defect to the Team Lead, Technical Services.
  • Ensure good house keeping
  • Records temperature of transformers at specified intervals
  • Inspect equipment, such as transformers, fans, batteries, and circuit breakers to detect defects.
  • Pulls circuit breaker switch or pushes buttons to interrupt flow of current in disturbed line preparatory to repair
  • Any other functions assigned by Head
  • To maintain constant supply to the customers
  • Hourly reading record.

Qualifications

  • Minimum of National diploma in Engineering or related courses.
  • Minimum of 1 – 3 years cognate experience in the Power / technical Sector.
  • Computer Literacy a must
  • Self motivation and self initiative
  • Knowledge and interpretation of laws and regulations
  • Ability to work under pressure
  • Integrity and professionalism
  • Comunication skills
  • Ability to use effectively Microsoft Office.

Job Title: Junior Accountant
Location:
Abuja
Job Description

  • Under direction, performs a variety of professional level accounting duties involved in preparing, maintaining, analyzing, verifying, and reconciling complex financial transactions, statements, records, and reports;
  • Maintains the accuracy of the Company’s ledgers and subsidiary financial systems; assists in the preparation of assigned budgets, annual audit, and year end closing; and provides highly responsible staff assistance to assigned management staff.

Roles and Responsibilities

  • Accurate data capture of transactions into accounting software on proof of adequate supporting documentation.
  • Reconciliations of staff, banks and vendor accounts.
  • Assist in identifying and capturing of asset transactions and maintenance of accurate and up to date assets register and other supporting accounting schedules.
  • Assist in identifying inventory transactions, recording and reconciliation of inventory records and valuation.
  • Accurate capture of tax liabilities, tax minimization and service of tax commitments.
  • Monitor bank payments and reconcile to the payment plan.
  • Assist in audit process through timely and comprehensive response to all audit queries.
  • Perform revenue and receivables reconciliations.
  • Perform any other duties as assigned from time to time.

Desired Personal attributes and Qualifications

  • Team player with a passion for excellence
  • Organized, analytical, critical thinker with bias for problem-solving
  • Quick learner
  • Minimum B.Sc/BA in Accounting, Finance or Business related course
  • Relevant Professional Certification
  • Minimum of two years relevant experience

General Qualification:

  • Integrity and profesionalism
  • Good Computer skills i.e. able to use Microsoft package effectively
  • Good interpersonal and Comunication skills
  • Self motivation and self initiative
  • Skills to do analyses and statistics
  • Ability to work under pressure and meet deadlines

Note: Only soft copy of applications will be treated.

How to Apply
Interested and qualified candidates should send their applications, CV’s and cover letters to: 

  • b.financialanalyst@abujaelectricity.com for Business/Financial Analyst Postion
  • j.accountant@abujaelectricity.com for Junior Accountant Position
  • ds.Officer@abujaelectricity.com for Distribution Substation Officer (DSO) Position
  • senior.accountant@abujaelectricity.com for Senior Accountant Position
  • accountant@abujaelectricity.com for Accountant Position
  • j.financialanalyst@abujaelectricity.com for Junior Business/Financial Analyst Position
  • senior.accountant@abujaelectricity.com for Senior Business / Financial Analyst Position
    the subject of your email should be the position being applied for. Failure to follow the instruction will lead to disqualification of your application.

The cover letter should be addressed to:
The MD/CEO,
Abuja Electricity Distribution Company Plc,
1 Ziquinchor Street, Off IBB Way,
Wuse Zone 4,
Abuja, FCT,
Nigeria.

Attention: The Director, Corporate Services.

Application Deadline: 5pm GMT, 31st March, 2017.

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