The Abuja Electricity Distribution Company (AEDC Plc) Juniour & Mid-Level Officers Job Recruitment

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The Abuja Electricity Distribution Company (AEDC Plc)  Juniour & Mid-Level Officers Job Recruitment

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 position below:

1. Job Title: Junior Officer, Operational Controls
Location: 
Abuja

Role Purpose Statement

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  • This role provides the holder with an opportunity to contribute to the organizations’ control environment and exposure to many business areas.
  • Staff will gain a broad perspective of the financial controls of the Company through varied assignments that range from expenditure controls, inventory control, supply chain, budgetary control and compliance engagements.

Major Roles / Accountabilities

  • Evaluating payment vouchers to determine the completeness, appropriateness, correctness, reasonability and need justification for every expenditure.
  • Evaluating stock request, issues and record processing.
  • Confirm deliveries are consistent with contractual terms and vendor acceptance.
  • Evaluate adherence to expenditure forecast and procurement plans with periodic/rolling evaluation.
  • Evaluating efficiency in Inventory management, ensuring that stock remains in usable condition and reasonable quantity, Identifying and proposing stock management improvements.
  • Maintain appropriate documentation for processed transactions in accordance with company policy and accepted accounting practices.
  • Proactively provide feedback and advise on how to control operating costs.
  • Participate in control evaluation and assessment and provide recommendations for procedural improvements.
  • Assist in sustenance and improvement in alignment with policies, procedures, processes.
  • Perform assigned budget control procedures on all intended company commitments and expenditure.
  • Perform operational and financial controls activities as assigned.
  • Assist in enlightening on business processes at business unit level to achieve business goals.
  • Ensure business operations are in compliance with company policies and best practices.

Academic and Professional Qualifications

  • Bachelor’s degree in Business Management and Administration, Finance and Accounting, Engineering, Technology, Compliance or technical experience in internal control or compliance
  • Relevant Professional qualification.

Work Experience:

  • 5 years’ relevant experience (Audit, internal)

Application Closing Date
5:00 pm GMT; 1st May, 2019.

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

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.

Note

  • All applications should include CV and a Cover Letter.
  • The subject of your application should be position applied for. Failure to follow the instructions will lead to disqualification of your application.

2. Job Title: Junior Officer, Treasury & Financial Risk Management

Location: Abuja

Role Purpose Statement

  • Assist in treasury related matters of the company.

Major Roles / Responsibilities

  • Prepare revenue reports and carryout bank reconciliation for the purpose of decision making on monthly basis.
  • Maintain professional relationship with financial institutions and ensure adherence to bank best practices.
  • Critically analyse revenue reports, review bank cashbooks and proffer advanced bank reconciliation methods with high level of professionalism.
  • Assist in negotiating and recommend means of bridging liquidity gaps.
  • Assist in preparing and maintaining an insurance policy for the company.
  • Analyses insurance needs and secures optimum coverage for the organization.
  • Process crystallised insurance claims timely. Liaise with the company’s insurers/assurers Assist in maintaining a financial risk register.
  • Monitor and recommend quality investment decisions for the company to achieve its objectives and goal.
  • Assist in developing risk and cost assessment report on all investment decisions.
  • Assist in the periodical evaluation of performance of predetermined investment portfolios.
  • Prepare bank reconciliation of all Company’s bank accounts and follow-up on timely resolution of reconciling items/variables.
  • Monitor and review revenue activities of the Area Offices.
  • Review reconciled costs and charges in bank accounts.
  • Monitor market trend and supply data to your line supervisor for the purpose of advising management on the purchase of foreign currency (FCY).
  • Ensure FOREX needs are meet – Purchase of FX, LC, Bill of collections etc.
  • Review cash inflows and outflows.
  • Monitor cashflow plan monthly utilisation of funds.
  • Ensure compliance to Federal and State laws and rules on Treasury and risk management.
  • Post all transactions on company’s accounting software.
  • Understanding of market conditions, trends and overall economic outlook.
  • Perform supervisory role to subordinates.
  • Should be able to stand-in for the Senior Analyst in his/her absence.
  • Other roles as assigned by the Treasurer.

Academic and Professional Qualifications

  • Degree in Banking and Finance, Accounting, Business Administration, Economics, other analytical degree
  • ICAN/ANAN/ACCA- will be an added advantage.

Work Experience:

  • Minimum 3 years corporate experience in relevant field (Financial Institutions or Treasury departments).

Application Closing Date
5:00 pm GMT; 1st May, 2019.

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

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.

Note

  • All applications should include CV and a Cover Letter.
  • The subject of your application should be position applied for. Failure to follow the instructions will lead to disqualification of your application.

3. Job Title: Officer, Operational Controls

Location: Abuja

Major Roles / Accountabilities

  • Coordinate review of current business operation processes and procedures to address operational deficiencies and strengthen systems.
  • Engage process owners through process review to identify gaps and deficiencies in existing processes and procedures.
  • Develop solutions and policy procedures to address identified gaps and deficiencies and to provide direction and guidance during implementation.
  • Assess the value-adding capacity and justification for projects and requisitions.
  • Manage departmental budgetary control and monitor departmental spend.
  • Maintain junior employee work schedules, assignments, job rotation, training and overtime scheduling.
  • Make business decisions that are financially reasonable, justifiable and being accountable in accordance with AEDC’s policies and procedures.
  • Ensure efficiency in material utilisation, cash disbursement, Human Resources and unevaluated procurement through control initiatives.
  • Build effective relationships with other superiors (vertical) and colleagues (horizontal).
  • Manage compliance with Standard Operating Procedures (SOPs) and regular review for update to ensure with best practice and continuous improvement culture.
  • Highlighting opportunities, identifying issues and recommending procedural changes as applicable company wide.
  • Manage Operational KPI analysis.
  • Develop and implement operational and financial controls to achieve business objectives.
  • Work closely with Process owners, Change Management and Internal Audit to address Operational deficiencies and strengthen systems.
  • Prepare monthly Operational reports including identified Operational and control lapses,
  • options for improvement, impact of previous improvement initiatives and subsequent activity plan.
  • Demonstrate ability to assess and understand a variety of internal and external factors with significant impact on the business and appropriate course of action.
  • Ability to influence others, present convincing arguments and deal with conflicting viewpoints.
  • Encourage maximum savings through volume rebates or trade spend initiatives.
  • Obtain sufficient confirmation that order and deliveries are consistent with their contractual terms.
  • Evaluate Vendor selection process.
  • Manage and review financial reports: monthly, quarterly and annual reports, as required for monitoring and reporting purposes.
  • Manage operational and financial analyses within business units and present findings and recommendation to Function Managers and Directors.

Academic And Professional Qualifications

  • Bachelor’s degree in Business Management and Administration, Finance and Accounting, Engineering, Technology, Compliance or technical experience in internal control or compliance.
  • Relevant Professional qualification.

Work Experience:

  • Minimum 5 of years’ relevant experience (finance, Internal control or compliance,
  • Engineering, Technology, Process development).

Application Closing Date
5:00 pm GMT; 1st May, 2019.

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

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.

Note

  • All applications should include CV and a Cover Letter.
  • The subject of your application should be position applied for. Failure to follow the instructions will lead to disqualification of your application.

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