Lead, Utilities Economics needed at Ibadan Electricity Distribution Company Plc – Apply Now

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Job title : Lead, Utilities Economics

Job Location : Oyo

Deadline : June 23, 2023

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Job Description

This Job role guides/pilots IBEDC’s alignment with all industry regulations governing Nigerian electricity markets to minimize losses occasioned by Market Settlement transactions.

Job Requirements

  • A first degree in Social Sciences, Engineering, or any relevant field.
  • A relevant postgraduate degree will be an added advantage.
  • Membership of relevant professional bodies.
  • At least 7 years experience in a regulatory function with at least 5 years in a supervisory position within the utility industry or a closely related industry with at least 5 years in a supervisory role

Technical Requirements

  • Adequate knowledge and understanding of the Nigerian Electricity Supply Industry (NESI).
  • Deep understanding and knowledge of regulatory stipulations vis-ö-vis rates and permits
  • Deep understanding of the laws and regulations governing the power industry
  • Strong financial and business acumen financial analysis and reporting skills 
  • Business performance management 

Behavioral competencies

  • An analytical mindset with good problem-solving skills.
  • Attention to Detail.
  • Excellent written and verbal communication skills.
  • Excellent organizational skills.
  • Strong interpersonal skills.
  • Able to manage sensitive and confidential information.

Job Responsibility

  • Assists in developing policies, strategies, and plans for the Function to ensure full regulatory compliance.  
  • Works closely with relevant internal officers to review and advise on issued Monthly Market Settlements.  
  • Monitoring the process of energy pricing and tariff rate.
  • Participates in regulatory agency meetings and public meetings/hearings about electricity markets.  
  • Prepares internal reports pertaining to electricity market trends for IBEDC management.   
  • Assist in developing long-term rate strategy and plans to prevent earnings erosion.
  • Liaises constantly with relevant Functions pertaining to revenue assurance.
  • Performs other sundry assignments as directed by the Head, of regulatory.

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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