Sapele Power Plc (SPP) Job Opportunities, Wednesday 24, February 2016

Sapele Power Plc (SPP) is a leading Nigerian integrated energy company specializing in power generation. SPP operates Nigeria’s second largest power plant by installed capacity of 1020MW; capable of meeting the energy needs of around 750,000 homes at full capacity.

SPP generates a considerable amount of Nigeria’s electricity – powering numerous homes and businesses nationwide. We have a strong focus on sustainable generation and are continually seeking to expand our generation network, as well as make efficiencies, and minimise environmental impacts


INTERNAL AUDITOR

JOB OBJECTIVES

To ensure compliance with Sapele Power Plc’s Policies, Procedures, and regulations. This objective will enhance reliability of financial reporting and information

To ensure Sapele Power Plc’s operational activities are in line with best industry standards. This will promote effectiveness and efficiency of operations

To ensure SPP’s operational activities are in compliance with all regulatory requirements.

KEY RESPONSIBILITIES

Establish internal audit scope and develop annual risk-based audit plans/programs

Execute risk-based audit programs providing detailed and objective review of conformance with Sapele Power Plc operational and financial activities along with policies and procedures

Execute and monitor the audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable regulations

Conduct walkthroughs and testing of medium to low risk process to analyze operating effectiveness and design of main financial controls

Carry out audit report follow-up testing to identify if corrective action plans of management’s were executed on time and communicate results to senior executive management.

Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems

Ensuring Stock Take exercise is observed on last day of every month.

Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence.

Maintain open communication with management and audit committee

Document process and prepare audit findings memorandum

Coordinate the entire Internal Audit team, ensuring that the values required of the team are delivered

Build capacity within the Internal Audit team of the Organization by:

Continuously reviewing the capacity required to support the team unit in delivering its functions effectively

Provide development opportunities for direct reports that challenge and expand their capability

Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas

Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by theHR function

Coaching and counseling of team members as necessary.

Key Performance Indicators

Up to date details of all transactions and processes reviewed

Accurate value of available stocks in the entire business or group

Accurate postings of accounts per account types, Cost Centers and business location.

Timely delivery of monthly audit memorandum

Compliance to SPP’s operating standards.

Functional Competencies/Requirements

Highly developed and demonstrated skills in analysis, conceptualization and problem solving

Strong business analysis skills and the ability to document and analyze business processes and their controls

Strong Financial and Management Accounting skills

Strong Computer literacy skills

In-depth understanding of Accounting software

In-depth understanding of Accounting systems.

General Management Competencies/Requirements:

Strong Leadership skills

Strong Oral and Written Communication skills

Good Presentation Skills

Strong Negotiation Skills

Relationship Management

Strong Problem solving skills

Ability to plan, schedule and coordinate effectively.

EDUCATIONAL QUALIFICATIONS/EXPERIENCE:

Minimum of university Degree or HND Accounting, Internal Audit (and or other recognized Professional Accounting Qualification ACCA or ACA)

Minimum of 5 years post professional qualification experience.

Knowledge of Power Sector Regulatory Requirements and Pronouncement would be an added advantage.

DESIRED PERSONAL ATTRIBUTES:

Integrity

Proactive self-starter

Assertive and tenacious

Ability to work with little or no supervision

Ability to work with all levels of management, build partnerships and teams

Highly organized and able to adapt quickly to changing priorities

Ability to cope with and work under pressure.

FINANCIAL ACCOUNTANT

JOB OBJECTIVES

To manage the smooth running of the Financial Accounting operations of Sapele Power Plc

Ensure adherence to the accounting deliverables of Sapele Power Plc

KEY RESPONSIBILITIES

Drive the Finance Operations as its affect various departments of the company

Champion the Implementation of all Financial Cycle Processes and Procedures

Preparing final accounts by ensuring all account schedules agree with the General ledger balances onMonthly, Quarterly, Bi Annual, and Annual basis.

Reconciliation of Balance Sheet balances to Sub-Ledger and ensure prompt correction of identified errors

Ensuring Financial Reports are prepared in accordance with IFRS regulations

Preparation of Monthly Management Report. Detailing Financial Performance against budget and provide comments on all variances

Attend to External Auditors on annual audit exercise and other External Consultants

Ensuring that all regulation levies are paid as and when due. E.g (WHT Remittances, VAT, PAYE and CIT)

Vet all financial transactions and ensure they meet Sapele Power Plc standard reporting systems

Ensuring Stock Take exercise is observed on last day of every month.

Monitor the CAPEX and OPEX expenses while ensuring adequate compliance to financial prudence.

Ensuring transactions are coded into appropriate expense head and cost centers

Assist in extracting, collating and consolidation information needed to generate the company’s annual operating budget.

Coordinate the entire Finance team, ensuring they deliver the value required of the team

Build capacity within the Financial Accounting team of the Organization by:

Continuously reviewing the capacity required to support the team unit in delivering its functions effectively

Provide development opportunities for direct reports that challenge and expand their capability

Provide leadership that inspire others to succeed, and proactively share experience, knowledge plus ideas

Ensuring that performance objectives are clearly defined for all job roles within the team and that all staff members are evaluated against agreed performance objectives at pre-defined periods set by theHR function

Coaching and counseling of team members as necessary

Key Performance Indicators:

Up – to – date Asset details; Acquisition, Movement register and depreciation

Up to date details of all Prepayments

Accurate value of available stocks in the entire business or group

Accurate postings of accounts per account types, Cost Centers and business location.

Adherence to Monthly Closing Deadlines

Timely delivery of financial reports/ Monthly Management Reports

Zero Tolerance on correcting journals from External Auditors

SKILLS, COMPETENCIES AND REQUIREMENTS

Functional Competencies/Requirements:

Financial Strategy Management

Financial Analysis Skills

Strong Financial and Management Accounting skills

Strong Computer literacy skills

In-depth understanding of Accounting softwares

In-depth understanding of Accounting systems

General Management Competencies/Requirements:

Strong Leadership skills

Strong Oral and Written Communication skills

Good Presentation Skills

Strong Negotiation Skills

Relationship Management

Strong Problem solving skills

Ability to plan, schedule and coordinate effectively

EDUCATIONAL QUALIFICATIONS/EXPERIENCE

Minimum of university degree or HND Accounting, Finance (and or other recognized Professional Accounting Qualification ACCA or ACA)

Minimum of 5 years post professional qualification experience.

Basic knowledge of Power and Energy Sector’s GSAA, GTA, PPA & Accounting systems would be an added advantage.

Desired Personal Attributes:

Integrity

Proactive self-starter

Assertive and tenacious

Ability to work with little or no supervision

Ability to work with all levels of management, build partnerships and teams

Highly organized and able to adapt quickly to changing priorities

Ability to cope with and work under pressure

INTERNAL AUDIT ASSISTANT

JOB OBJECTIVES

Support the Internal Audit Manager to monitor and enforce internal control processes of Sapele Power Plc in order to achieve following objectives:

Reliability of Financial Reporting and Informatio

Operational Effectiveness and Efficiencies

Regulatory compliance

KEY RESPONSIBILITIES

Assist in business process review across the various units of Sapele Power Plc

Identify weakness of controls and processes and suggest solutions to mitigate the gaps identified

Monitor level of compliance to SPP’s processes and procedures

Prepare weekly exception report and monitor the processes of rectifying the exception noted.

Assist in the improvement of internal controls related to inventory management

Improve and manage inventory analysis report and produce monthly inventory valuation report

Participation in monthly stock count and reconciliation

Assist in monthly Payroll review and produce variance analysis report.

Ensure petty cash are managed in line with SPP’s policy and financial operation guidelines

Conduct cash count at a regular interval

Continuous review of payments and approval processes.

Key Performance Indicators:

Up to date details of all transactions and processes reviewed

Monthly Inventory Observation Report

Accurate postings of accounts per account types, Cost Centers and business location.

Timely delivery of weekly audit report

Compliance to SPP’s operating standards

Functional Competencies/Requirements:

Highly developed and demonstrated skills in analysis, conceptualization and problem solving

Moderate business analysis skills and the ability to document and analyze business processes and their controls

Moderate Computer literacy skills

Basic understanding of Accounting software

Basic understanding of Accounting systems

General Management Competencies/Requirements:

Strong analytical skills

Good written and oral communication skills, able to communicate basic financial matters to non-technical experts

Strong commercial awareness

Ability to bring a “hands on” approach to the work if needed

Positive “can do” spirit

Basic understanding of operations in the Energy and Power Industry

EDUCATIONAL QUALIFICATIONS/EXPERIENCE

Minimum of university degree or HND Accounting (and or other recognized Professional Accounting Qualification ACCA or ACA)

Minimum of 3 years post professional qualification experience.

DESIRED PERSONAL ATTRIBUTES:

Team Player

Proactive self-starter

Flexibility to adapt to a variety of work situations

Highly organized and significant ability to multi-task

Ability to cope with and work under pressure

The ability to manage and motivate a team

Used to working in fast moving environments providing accurate and timely information to a high standard.

TO APPLY

Applicants should forward their Cover letter with Applications to recruitment@sapelepower.com

DUE DATE: 26 February, 2016