Egbin Power Plc, Lagos is one of the biggest additions to the electricity industry in Nigeria. Often seen as the biggest single generating power station in Black Africa, it was built to meet the every rising demand for electricity in Lagos and its environs.
We are recruiting to fill the position below:
Job Title: Reporting Manager
Location: Lagos
Job Summary
- Coordinate and manage the accurate recording and reporting of Egbin’s revenue from the power generation.
- Provide Egbin Management with timely, complete and accurate financial information for business decision-making process.
- Oversee organization’s financial analysis and forecasting; cost and revenue management; and fixed asset accounting.
Key Duties and Responsibilities
- Develops annual Revenue Management (RM) goals and translate the goals into an annual RM plan
- Co-ordinate investigation, analysis/ evaluation and resolution of revenue related issues that arise during disputes on revenue recognition
- Periodically review and report on the status of billing with the Market Operator, Bulk Trader, Special Customers and the outsourced functions
- Review revenue impacting policies, processes and activities in line with realities of the Nigerian environment. Actively support in the provision of recommendations for modifications on such policies
- Perform monthly energy and capacity reconciliation in conjunction with the commercial and contracts unit for the purpose of revenue recognition for the plant.
- Provide relevant suggestions to the management and Board on potential revenue sources to be identified and explored
- Ensure timely and accurate recording of direct payment and cash receipts from Egbin’s power buyers.
- Conduct ageing analysis and compile reports on billing outstanding balances over 30, 60, 90 and 120 days especially in the period covered by the interim market rules.
- Monitor credit transactions to ensure that all agreements and laid down policies and procedures are fully complied with, and identify, investigate and report any contraventions, non-compliance and exceptional credit related cases to the Head, Finance & Accounts.
- Participate actively in the implementation of appropriate recovery strategies to ensure timely collection of market areas.
- Oversee and ensure timely reconciliation of EGBIN’s bank statements and the clearing of identified exceptions.
- Collate inputs and translate into agreed format for management reporting.
- Ensure month end balances and financial statements are prepared in a timely manner.
- Ensure timely generation and rendition of monthly, quarterly and annual financial statements (profit and loss, cash flow and balance sheet).
- Prepare the unit’s budget inputs and contribute in the preparation of the budget firm-wide.
- Design and develop a unit plan that details how the unit will deliver on organizational requirements
- Coach, mentor and conduct performance appraisal for subordinates on a timely basis
- Conduct performance review of subordinates.
- Prepare periodic report for the attention of the Head, Finance & Accounts.
- Approve expenditure within the limits of approval
- Perform any other duties as assigned by the Head, Finance & Accounts.
Requirements
Education and Work Experience:
- Bachelor’s degree or its equivalent in Accounting/ Finance/ Economics or other related discipline.
- Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA).
- Minimum of eight (8) with at least three (3) in a managerial role.
Skills and Competencies:
- Good understanding of micro and macroeconomic indices and their impact on the business.
- Good understanding of trends, challenges, opportunities, regulations and legislations relating to the power sector and its impact on revenues
- Good knowledge of the wholesale electricity market and the relevant settlement mechanism.
- Working knowledge of the Multi-Year Tariff Order, cost assumptions, returns on investments etc.
- Deep understanding of foreign exchange operations and regulation.
- Advanced financial and accounting knowledge, including understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
- Knowledge of the Financial Reporting Council (FRC) and NERC requirements for financial reporting
- Very sound business acumen – financial and commercial knowledge.
- Excellent communication and interpersonal skills.
- Advanced leadership and people management skills, including the ability to manage teams effectively
- Excellent negotiation skills and influencing skills.
- Well-developed problem-solving skills.
- High ethical standards and integrity.
- Good knowledge of a standard ERP Solution.
Job Title: Internal Audit Officer
Location: Lagos
Job Summary
- The auditor would evaluate how well risks are being managed, ensure adequacy of internal controls, compliance with business processes and the level of good governance in the businesses within Egbin Power Plc.
Key Duties and Responsibilities
- Assist in preparing audit reports for management
- Plans financial, regulatory, compliance and operational reviews/audits.
- Identifies control gaps and opportunities for improvement.
- Assess, evaluate and promote compliance to internal Egbin policies.
- Researches for update on technical subjects required to support audits (e.g. Basel III, OSFI Guidelines, market risk, etc.)
- Assist in assessing the risks and internal controls of assigned business or functional areas in the required timeline.
- Partake in the audit of business processes, policies, systems, financials, operations, governance and HSSE.
- Conduct audit testing of specified areas and identify existing loopholes or control breaches for business process improvement
- Support the Head Internal Audit in investigating and reporting control breaches and other areas of improvement.
- Partake in the audit of business information technology and data management systems.
- Determine level of business compliance with policies, processes and existing systems.
- Discuss possible control issues with relevant staff so as to improve and add value to the system.
- Prepare draft audit work papers and reports for Line Manager’s review.
- Carry out spot checks and periodic inventory counts and reconciliation.
- Carry out any other duties as may be assigned by the Head Internal Audit.
Requirements
Education and Work Experience:
- Bachelor’s degree in Accounting, Finance or any relevant course
- Relevant professional certification (e.g. CIA, ACA, ACCA, CIMA, CFA).
- Minimum of five (5) years relevant work experience.
Skills and Competencies:
- Strong analytical, written/verbal communication, interpersonal, and relationship building skills
- Ability to administer Microsoft Word, Excel, Power point and Outlook in various situations
- Systems knowledge and familiarity, Sage x3 ERP preferably.
- Ability to adapt to change quickly and multi-task.
- Excellent understanding of the standards of the Institute of Internal Auditors (IIA) and ability to fully comply with IIA standards
- Good investigative skills
Personal Traits:
- Organized and dependable
- Innovative and proficient
- A good team player
- Self-disciplined
Job Title: Asset Manager
Location: Lagos
Job Summary
- Responsible for the overall management of commercial and operational issues of assigned steam turbines. This includes the fiscal well-being of the assigned business generating centers (BGC) and continuous evaluation of improved economics.
- Supervises and coordinates all operating activities and generation output relating to the designated steam turbines.
- Asset Managers are also required to make assessments, develop strategies and implement those results throughout their assigned shifts
- The decisions include instructing the shift-in-charge to shut down and start generating units, vary the generation output to achieve desired energy schedules and water management.
Key Duties and Responsibilities
- Ensures that all regulatory requirements are in compliance and that the assigned steam turbines are operated in a safe, reliable, and efficient manner.
- Coordinates internal and external communications with all entities associated with the BGC
- Oversees the preparation and approval of budgets, proformas, and long-term maintenance schedules for all assigned steam turbines.
- Work with the shift-in-charge to ensure the assigned business generating center is operating safely, in regulatory compliance, reliably, and efficiently.
- Manage the development of comprehensive Business Plans for assigned BGCs.
- Develop strategies to ensure operations in accordance with business plans.
- Develop or oversee the development of financial models of the BGCs and keep models current as each project situation changes.
- Manage, negotiate and administer gas agreements.
- Prepare monthly and annual reports describing financial and operations status for all assigned BGCs.
- Administer the Operations and Maintenance Agreement to ensure Operator maintains compliance and a qualified staff.
- Coordination with plant engineering to run the designated units smoothly
- Supervise the utilization of plant resources to ensure uninterrupted unit operations and employee/ plant safety
- Ensure and manage the performance of the units within the periodic operating plans
- Ensure compliance with the MIS requirements of the units
- Resource planning for manpower, materials and annual contracts
- Ensure adherence to safety, environment, ISO 18000(OHSAS) and other statutory norms
- Coordinate commissioning/re-commissioning activities of new systems or equipment during overhauls of the units
- Oversee the evaluation, collating and reporting efficiency, fuel consumption, etc. of the designated units
- Conduct performance review of subordinates
- Prepare periodic report for the attention of the Chief Operating Officer
- Perform other duties as assigned by the Chief Operating Officer
Key Requirements
Education and Work Experience:
- Bachelor’s Degree or its equivalent in Engineering or/and Management
- Postgraduate/relevant professional qualification in Management
- Minimum of ten (10) years of work experience in a work-related industry with strong demonstrated technical organizational and managerial capability.
- Should have a minimum of 5+ years’ experience of technical and O&M operations of power plants
Skills and Competencies:
- Work effectively with line managers and senior level management.
- Solid and proven business skills managing power plant assets.
- Understand, interpret and articulate power plant contracts and agreements.
- Exceptional leadership experience with the ability to give presentations at the Board level.
- Ability to understand, interpret and articulate profit and loss projections and targets.
- Excellent oral, written and presentation communication skills. Knowledge of operations of steam turbine power plant and its components – generation turbine, boiler, BOP, etc.
- Knowledge of Maintenance systems, contract system and procedures, material issue and return procedure
- Knowledge of safety, environment, OHSAS and other statutory norms.
Job Title: Digital Communication Specialist
Location: Lagos
Job Summary
- This role is responsible for managing all graphic design, photography, publishing and multimedia executions from conception to execution; ensuring top-notch creative audio-visual interpretation/fidelity of all elements of the brand for Egbin.
- This role will support various teams, departments and projects within Egbin; creating unique designs, developing robust photography portfolio, producing sundry infographics/videos year-round for specific, targeted and social media/website executions.
Key Duties and Responsibilities
Creative Design:
- Coordinate all administrative aspects of production, including preparing final designs for presentation, checking and approving colour, copy, text format separations, and scaling images for print production.
- Prepare layouts, designs, art work and formats for use in publication and /or exhibition design;
- Layout and scale photos, marking them for proper screen values for print reproduction;
- Design, and produce artwork such as graphs, maps, charts, posters, corporate souvenirs, banner, signs and report covers;
- Organize copy flow and maintains database/bibliographic/archival retrieval system of all references used in creation of published materials;
- Manage budget, including invoicing, tracking project expenditures and assisting in budget development by summarizing, researching and analyzing past project expenditures;
- Coordinate relationship with vendors; preparing specifications and obtaining estimates for final approval;
- Handle copyright, reprint, and permission processes;
- Interpret the business needs of various department and developing a concept to suit that purpose; estimating the time required to complete the work and providing cost to user stakeholders
- Work with a wide range of media, including photography and computer-aided design (CAD); proofreading to produce accurate and high-quality work;
- Keep abreast of emerging technologies, particularly design programs such as InDesign, Illustrator, Photoshop, 3ds Max/Cinema 4D
- Develop interactive design; commissioning illustrators and photographers; working as part of a team with printers, copywriters, photographers, stylists, other designers, account executives, web developers and marketing specialists to drive Egbin’s brand message.
Photography/Video/Multimedia:
- Manage all production of high quality photos and videos for Egbin internal and external events/activities.
- Produce materials to be used across board to engage both internal and external stakeholders – Documentaries, Videos, Photo stories, Interview clips etc.
- Provide an archive of Egbin’s photographs/videos and other branded material for reference purposes.
- Have vast understanding of traditional film and digital photography and keeping up to date with industry trends, developments and new techniques;
- Develop expertise with software to digitally enhance images by, for example, changing emphasis, cropping pictures, correcting minor faults or moving objects around;
- Consult with user departments/subsidiaries to obtain multimedia project objectives, specs, and working materials.
- Keep abreast of emerging technologies, particularly editing programs such as Light room, Aftereffects, and Premiere Pro.
- Design and produce simple to complex multimedia presentations; prepare files for imaging to film 4-color printing, advanced media, and electronic delivery.
- Plan, manage and report project status, budget, and milestone achievements for all phases of a project.
Key Requirements
Education and Work Experience:
- Minimum of a relevant University Degree.
- Minimum of five (5) years’ experience in a similar role within a strong brand driven organization or top-flight creative agency, with well compiled portfolio
- Expert knowledge utilizing Adobe After effects, Photoshop, Illustrator, and various 3-D software platforms a plus.
- Adept with all forms of social media and platforms, including: Twitter, Facebook and Instagram.
- MS Office Suite.
- Mac and Windows environments.
Skills and Competencies:
- Excellent visual communication skills to present ideas and information in a multimedia context combined with excellent IT and programming skills.
- Exceptional creative flair and an innovative approach to all design projects.
- Excellent organizational, time and project management skills
- Accuracy and attention to detail
- An understanding of the latest trends and their role in a commercial environment
- Proven competence in design and image manipulation software
- Teamwork skills because most projects require input from individuals with different roles
- Self-development skills to keep-up-to-date with fast-changing trends Professional approach to time, costs and deadlines
- InDesign & Illustrator
- Photoshop & 3ds Max/Cinema 4D
- Adobe, Photography & Fine art
- Sundry software packages for designs/photography
Personal Traits:
- Creative
- Ability to out-think briefs for problem solving
- Attention to details
- Ability to transform abstracts to reality using design
- Work under pressure with minimal supervision
- Ability to communicate effectively, both verbally and visually.
Job Title: Treasury Operations & Performance Associate/Specialist
Location: Lagos
Job Summary
- Assist to manage liquidity and cash flow ensuring business needs are met in a cost effective and prudent manner. Processes funds requests, transfers and payment processing and relationship management.
Key Duties and Responsibilities
- Ensures adherence to processes and frameworks for managing liquidity and risk.
- Ensures adherence to strategies to meet short, medium and long-term financing needs ensuring alignment with the organisation’s goals and objectives.
- Assist to ensure judicious management of organization’s liquidity to meet all likely contingencies within established risk limits.
- Ensures the preparation of cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet daily operational requirements.
- Ensure the validation of all supplier and vendor payments and ensure that all requests for payment are supported with valid supporting documents in line with organization’s financial policies.
- Oversee the disbursement of cash ensuring compliance with defined policies and procedures.
- Recommend strategies for raising necessary funds to facilitate the realisation of Egbin’s operational and corporate objectives.
- Assist in all foreign exchange dealings for Egbin Power plc.
- Cultivate and manage relationships with key bankers and investors.
- Participate/ provide inputs in the review of Egbin’s bankers ensuring compliance with Service Level Agreements (SLAs).
- Ensure the preparation and rendition of tax returns and retention of all relevant tax records
- Ensure accurate computation and accounting for taxes ensure prompt settlement of liabilities
- Compute accurately and file all federal, state, local, sales, and other tax returns including relevant reports to ensure compliance with all tax laws and regulations
- Work with the Cash management Officer to ensure cheques for tax payments are promptly issued
- Ensures the tax payments at designated banks and obtain necessary receipts and other documents required for tax filing
- Extract, collate and document relevant supports and proof of remittances for tax investigation
- Seek innovative ways for the business to benefit from tax relief and other similar advantages
- Assist with all tax-related research and interpretation of tax legislations and provisions
- Keep abreast of changes and updates in macroeconomic policies and advice the Head, Treasury, on the implications for the business.
- Assist in preparing the unit’s budget inputs and contribute in the preparation of the budget firm-wide.
- Prepare periodic report for the attention of the Head, Treasury
- Perform any other duties as assigned by the Head Treasury
Key Requirements
Education and Work Experience:
- A Bachelor’s Degree or its equivalent in Accounting, Finance or a related discipline.
- Professional accounting/ finance certification, (e.g. ACA, ACCA, CIMA, CFA, etc.)
- Minimum of (2) years relevant experience
Skills and Competencies:
- Fair understanding of trends, challenges, opportunities, regulations and legislations relating to the power industry.
- In-depth knowledge of trends and developments in global accounting and finance practice.
- Advanced financial and accounting knowledge, including understanding of finance best practices and IFRS/ international accounting and financial reporting standards.
- Ability to develop sound business acumen – financial and commercial knowledge.
- Fair understanding of foreign exchange operations and associated regulations.
- Good communication and interpersonal skills.
- Good people management skills, including the ability to manage multiple/ complex teams effectively.
- Good analytical and problem-solving skills.
- High ethical standards and integrity.
How To Apply
Interested and qualified candidates should:
Click here to apply
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