Recruitment at Ikeja Electricity Distribution Company (IKEDC)

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

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

Job Title: Industrial Relations & Compliance Specialist

Location: Ikeja, Lagos
Employment Type: Full-time

Role Purpose & Contribution

• As an Industrial Relations and Compliance Specialist, you will play a critical role in fostering positive employee and union relations, ensuring legal compliance, and promoting workplace harmony within a unionized environment at Ikeja Electric.

Responsibilities
You’ll contribute to:

• Serving as the primary liaison between management and union representatives, facilitating open communication to address concerns and maintain collaborative relationships.
• Managing employee relations cases, including grievances and disputes, with fairness, transparency, and alignment to labor laws and company policies.
• Conducting compliance audits and developing strategies to strengthen adherence to labor regulations, union agreements, and internal policies.
• Supporting disciplinary processes by ensuring they are conducted in line with the company’s code of conduct, labor laws, and best practice standards.
• Delivering training to managers and stakeholders on labor relations, compliance requirements, and employee rights, fostering a well informed and compliant workforce.
• Tracking and analyzing labor relations data to identify trends, anticipate issues, and provide actionable recommendations for improved workplace engagement.

Requirements
Education:

• Bachelor’s degree or its equivalent in Industrial Relations, Human Resources Management, Law, Business Administration, or a related field.
• Professional certification (e.g., CIPM, SHRM, or equivalent) is an added advantage.

Work Experience:

• A minimum of 5 years experience in industrial/employee relations or compliance.
• Proven track record in managing union relations.

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:

• Strong knowledge of Nigerian Labour Laws, Trade Union Acts, and other relevant employment regulations.
• Strong knowledge of conducting compliance and audits investigations.
• Proficiency in Microsoft suites e.g Excel and Word.
• Proficiency in Management Reporting and documentation.

Behavioral Competencies:

• Customer Centricity
• Risk Management
• Entrepreneurship
• Organisational Learning
• Change Management
• People Leadership

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Head, Finance and Admin

Location: Ikeja, Lagos
Employment Type: Full-time

Role Purpose

• The Head, Finance and Administrative Services is responsible for managing financial operations, budgeting, compliance, and reporting, while ensuring efficient administration across HR, employee relations, welfare, and facility management.
• The role supports operational effectiveness through sound financial oversight, policy adherence, and proactive employee engagement, in line with Quality Management and Occupational Health & Safety standards.

Role Accountabilities
Finance:

• Provide inputs for annual budgeting.
• Examine and accord financial vetting for proposals having financial implications.
• Ensure compliance of financial audit.
• Responsible for all financial accounting and supervises compilation for unit and undertakings.
• Supervise inter unit account settlements.
• Supervise maintenance of various accounts & registers.
• Settlement of all staff claims, external claims, time bound tax related claims under the limits specified.
• Ensure proper reconciliation of various payment channels at business unit.
• Monitors compilation of MIS, PRT & other reports.
• Maintain and update sub ledger capturing the financial transactions appropriately.

Administration:

• Ensuring compliance to HR policies and labor laws.
• Initiate the performance appraisal report.
• Maintaining job descriptions and training related records.
• Oversee preparation of papers for claims of retired employees.
• Ensuring maintenance of discipline, attendance, highlighting employee concerns at the assigned locations.
• Initiating disciplinary proceeding of employees in corruption cases.
• Oversee the legal activities and court cases related to employees.
• Taking up the case of employee complaint/ grievance for redressal.
• Ensuring free flow of communication upward to resolve employee grievances at the earliest opportunity.
• Conducting surveys on employee engagement employee satisfaction.
• Participating in the welfare activities for the employees.
• Looking into security matters, office maintenance, office furniture maintenance etc.
• Takes responsibility for compliance with all Quality Management System /Operation Health & System related activities in the department as documented in the departmental operations manual, risk assessment register and other relevant documents.
• Carry out any other duties as requested by the Business Manager.

Minimum Requirements

• Must possess a First Degree in Commercial or Social Science discipline.
• Minimum 10+ years relevant work experience.
• Must be a Chartered Accountant (ACA/ ACCA).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Finance Specialist (Reporting Regulatory Matters and Tariffs Specialist)

Location: Ikeja, Lagos
Employment Type: Full-time

Role Summary

• We are seeking a highly skilled and detail-oriented finance professional with 5–7 years of proven experience in financial reporting, regulatory compliance, and tariff analysis within the Nigerian business environment, preferably in regulated industries.
• The ideal candidate will ensure accurate financial reporting, maintain compliance with statutory and regulatory requirements, and conduct in-depth tariff reviews to support business decision-making and revenue optimization.

Key Responsibilities
Financial Reporting:

• Prepare accurate and timely monthly, quarterly, and annual financial statements in compliance with IFRS and company policies.
• Consolidate financial data and prepare management reports for decision-making.
• Conduct variance analysis against budgets, forecasts, and historical performance.
• Ensure proper maintenance of general ledger accounts and reconciliations.

Regulatory Compliance:

• Ensure timely filing of all statutory returns (FIRS, State IRS, PENCOM, ITF, NSITF, etc.).
• Maintain up-to-date knowledge of relevant financial laws, tax regulations, and industry-specific compliance requirements.
• Liaise with auditors, regulators, and other relevant authorities to ensure seamless compliance processes.
• Prepare and submit required reports to sector regulators and other applicable agencies.

Tariff Analysis & Revenue Management:

• Conduct detailed tariff modeling and impact assessments based on regulatory guidelines.
• Monitor and analyze changes in tariffs and their implications for revenue and profitability.
• Provide insights to support tariff review submissions to regulatory bodies.
• Collaborate with commercial and operations teams to optimize pricing and revenue collection strategies.

Other Duties:

• Support annual budget preparation and periodic forecasting.
• Participate in financial system improvements and automation initiatives.
• Provide guidance to junior finance staff on compliance and reporting requirements.

Requirements

• Education: Bachelor’s degree in Accounting, Finance, Economics, or related discipline.
• Professional Certification: ACA, ACCA, or equivalent is required.
• Experience: 5–7 years post-qualification experience in financial reporting, regulatory compliance, and tariff analysis in Nigeria, preferably in a regulated sector (e.g., power, utilities, telecoms).

Technical Skills:

• Proficiency in IFRS reporting.
• Strong knowledge of Nigerian tax laws and regulatory frameworks.
• Advanced Excel and financial modeling skills.
• Familiarity with ERP systems (SAP, Oracle, or similar).

Soft Skills:

• Analytical and problem-solving ability.
• Strong attention to detail and accuracy.
• Excellent communication and stakeholder management skills.

Application Closing Date
18th August, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online