Ikeja Electricity Distribution Company (IKEDC) - Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, Ikeja Electric Plc, Nigeria’s largest power distribution network, powers lives and businesses with innovation and unwavering drive for excellence. The company began its new phase of growth and expansion 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 of Nigeria.
We are recruiting to fill the position below:
Job Title: Reporting Regulatory Matters & Tariff Specialist
Location: Ikeja, Lagos
Employment Type: Full-time
Job Summary
As a Reporting Regulatory Matters and Tariffs Specialist, you will play a critical role in driving regulatory compliance and tariff analysis for Ikeja Electric.
You will be responsible for interpreting tariff methodologies, conducting financial modeling , and preparing regulatory reports to support decision making.
Responsibilities
You’ll contribute to:
Developing and simulating tariff models to ensure accurate revenue forecasting and alignment with MYTO methodologies.
Reviewing MYTO model assumptions, identifying inconsistencies, and preparing formal responses to NERC.
Expanding tariff models to incorporate monthly projections, ATC&C losses, and load distribution by customer category.
Preparing and submitting tariff design structures that align with both regulatory requirements and business objectives.
Supporting compliance by maintaining regulatory filing records and engaging with Market Operators and NBET on billing matters.
Analyzing financial implications of load allocation reports and ensuring adherence to market settlement guidelines.
Forecasting five year tariff paths under various scenarios and advising internal stakeholders on regulatory impact.
Minimum Requirement
This opportunity is a middle level management role The role involves supporting regulatory reporting, tariff modeling and compliance across finance and regulatory teams
Education Qualification:
Bachelor's degree or its equivalent in Accounting or Finance
Work Experience:
5 - 7 years of experience in financial reporting, regulatory compliance, and tariff analysis.
Professional qualification in accounting (ACA/ACCA) is mandatory.
Skills & Competencies:
The role affords you to develop technical and behavioral competencies, that is, skills, knowledge, and behaviors required to successfully perform in the role and contribute to the organization's goals
Technical Competencies:
Sound knowledge of Nigeria’s power sector, NERC regulations, and tariff related financial impacts.
Financial Modeling
Planning, Budgeting, and Forecasting
Accounting Policies and Processes
Regulatory Reporting
Financial Statement Preparation and Analysis.
Behavioural Competencies:
Customer Centricity
Risk management
People Leadership
Entrepreneurship
Organizational Learning
Change Management.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online
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