Revenue Assurance lead Job at Ikeja Electricity Distribution Plc

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Job Title: Revenue Assurance lead

Company: Ikeja Electricity Distribution PLC

Job Type: Full Time

Qualification: BA/BSc/HND

Experience: 5 years

Location: Lagos, Nigeria

Job Field: Finance / Accounting / Audit

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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.

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B.ROLE ACCOUNTABILITIES – Assist with detecting areas of high financial leakages and design appropriate strategies to enforce compliance with operational process affecting revenue – Assist with carrying out periodic Quality Assurance (QA) on revenue protection processes and recommend improvement opportunities – Liaise with relevant units and departments in confirming the integrity and assurance of Energy Received by the Disco – Conduct assurance on invoice sent by the market operator – Perform assurance test on energy shared across feeders, Business Units and Undertakings – Perform Quality Assurance on revenues billed across business units – Assist with conducting periodic review of standard operating process within entire revenue value chain – Perform revenue assurance test on revenue and billing activities – Access structures put in place to detect and avoid energy theft – Develop and effect strategies required to reduce revenue leakage – Assist in effecting strategies required to boost revenue and increase collection efficiency.

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C.   SKILLS & COMPETENCIES – Proficiency in Microsoft Excel, Word and Access – Usage of Relevant Revenue Assurance Software – Analytics and Report Writing Skills. – Good Communication Skills – Knowledge of NERC/collections regulations and guidelines.

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D.  PERSONAL QUALITIES – Self-motivated with ability to lead and take ownership and responsibility – Ability to multi-task, work under pressure to meet tight deadlines – Fast learner, energetic and enthusiastic – Adaptable to flexible business demands.

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E.  EXPERIENCE & QUALIFICATIONS – 5+ years working experience (commercial experience is an added advantage) – Prior working experience in a utility company – BSc in any of Accounting, Statistics, Economics, Business Administration or Engineering field. Professional qualification is desirable – Age: Not more than 40 years.

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