Ikeja Electricity Distribution Plc Job recruitment, January 29th 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.

Ikeja Electricity Distribution Plc is recruiting to fill the vacant position below:

JOB TITLE: 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

JOB TITLE:  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
  • 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
  • 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
  • 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

JOB TITLE: 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

How to Apply

Interested candidates should  Click Here to Apply

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Reports released in early 2016 reveal more than 1.3 million Nigerians suffered job losses during the second quarter of 2015 alone, bringing the country's total unemployment rate to greater than 6 million individuals. In an effort to combat these statistics, staffing and education advancement advocate Joblanda has launched increased efforts to work with those affected by Nigeria's diminishing employment availability.

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