Ikeja Electricity Distribution Plc Vacancies, Friday 29, January 2016
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 vacant position below:
SENIOR FINANCE MANAGERS
ROLE PURPOSE
Responsible for carrying out period close activities and preparation of periodic financial statements for external/internal reporting
Responsible for managing and ensuring timely entry of transactions to the sub-ledgers and its subsequent reconciliation into general ledger
ROLE ACCOUNTABILITIES
Timely preparation of trial balances from the sub-ledger and general ledger for period close activities
Maintenance of various accounting areas like fixed assets, parts inventory, cash, reconciliation of accounts and resolving any reconciling item
Analyzes transaction data for the purpose of identifying potential budget variances, compiling statistical information
Developing procedures, and conforming to established financial practices and regulatory requirements
Preparing timetable for the submission of required reports to the regulatory or statutory bodies and notifying the relevant units of required reports based on the timetable
Resolving variances in period close activities with various departments.
Responsible for the maintenance of assigned general ledger accounts.
Prepares and maintain complex journal entries in the respective accounting books
Timely preparation of monthly journal entries and the reconciliation of the accounts and related schedules
Verify and maintain supporting documents/bills for all accounting transactions
Assists with payroll accounting (e.g. calculating payroll tax deposits, reconciles payroll data etc.) for the purpose of providing requested supporting documentation, information on internal processes, and/or coordinating activities
Carry out any other duty as requested by the Line Manager.
MINIMUM REQUIREMENTS
Minimum of HND/ B.Sc. in Accounting
Must be a qualified Chartered Accountant with ACA, ACCA etc.
At least 4- 7 years of relevant work experience
SKILLS & COMPETENCIES
TECHNICAL COMPETENCIES
Knowledge of accounting standards and practices
Good knowledge of budgeting and fund management practices
Usage of ERP accounting application(s)
Good analytical skills
Proficiency in the MS Office Suite especially MS Excel
Behavioral Competencies
Analytical skills
Coordination Skills
Interpersonal skills
JUNIOR ACCOUNTANTS
ROLE PURPOSE
Responsible for journal entries into accounting books and periodic book closing exercise for reconciliation and consolidation
Responsible for capturing and maintaining all financial transactions within the designated company locations and documenting the corresponding bills/documents as proof
ROLE ACCOUNTABILITIES
Conduct period close activities in preparing trial balance from general ledger entries for the period
Prepare reconciliation and variance reports
Conduct check on underlying sub ledger transactions for supporting documents/bills
Preparation of required timetable for submission of reports
Periodic running and extraction of financial reports from the accounting system after successful closure of period activities
Maintain and record financial transactions at designated office location
Ensure proper documentation of proofs/bills for the respective financial transactions
Post sub-ledger entries and reconcile entries into general ledger
Carry out any other duty as requested by the accounts supervisor
MINIMUM REQUIREMENTS
Minimum of HND/ B.Sc. in Accounting
1 – 3 years of relevant work experience performing a similar role
SKILLS & COMPETENCIES
Technical Competencies
Knowledge of accounting standards and practices
Usage of accounting application(s)
Good analytical skills
Proficiency in the MS Office Suite especially MS Excel
Behavioral Competencies
Attention to details
Good communication and interpersonal skills
EXPERIENCED ACCOUNTANTS
ROLE PURPOSE
Responsible for carrying out period close activities and preparation of periodic financial statements for external/internal reporting
Responsible for managing and ensuring timely entry of transactions to the sub-ledgers and its subsequent reconciliation into general ledger
ROLE ACCOUNTABILITIES
Timely preparation of trial balances from the sub-ledger and general ledger for period close activities
Maintenance of various accounting areas like fixed assets, parts inventory, cash, reconciliation of accounts and resolving any reconciling item
Analyzes transaction data for the purpose of identifying potential budget variances, compiling statistical information
Developing procedures, and conforming to established financial practices and regulatory requirements
Preparing timetable for the submission of required reports to the regulatory or statutory bodies and notifying the relevant units of required reports based on the timetable
Resolving variances in period close activities with various departments.
Responsible for the maintenance of assigned general ledger accounts.
Prepares and maintain complex journal entries in the respective accounting books
Timely preparation of monthly journal entries and the reconciliation of the accounts and related schedules
Verify and maintain supporting documents/bills for all accounting transactions
Assists with payroll accounting (e.g. calculating payroll tax deposits, reconciles payroll data etc.) for the purpose of providing requested supporting documentation, information on internal processes, and/or coordinating activities
Carry out any other duty as requested by the Line Manager.
MINIMUM REQUIREMENTS
Minimum of HND/B.Sc. in Accounting
Must be a qualified Chartered Accountant with ACA, ACCA etc.
At least 4- 7 years of relevant work experience
SKILLS & COMPETENCIES
Technical Competencies
Knowledge of accounting standards and practices
Good knowledge of budgeting and fund management practices
Usage of ERP accounting application(s)
Good analytical skills
Proficiency in the MS Office Suite especially MS Excel
BEHAVIORAL COMPETENCIES
Analytical skills
Coordination Skills
Interpersonal skills
Ikeja Electricity Distribution Plc Vacancies, Friday 29, January 2016
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