Treasury & Accounts Officer/ Internal Control Officer at Ikeja Electricity Distribution Company

Job Summary

• Maintain and record financial transactions at business unit level
• Record and maintain supporting documentation for all financial transactions at business unit level / undertaking level
• Ensure proper documentation of proofs/bills for the respective financial transaction
• Post sub-ledger entries and reconcile entries into general ledger.
• Ensure proper documents/bills are submitted to accounts department for timely preparation of monthly journal entries and account reconciliations
• Assessing correctness of claim, review computation of bill amount and adjustments
• Prepare monthly revenue report based on billing
• Monitor company’s various cash flow forecasts
• Comply with Quality Management System / Occupational Health & Safety requirements including objectives and applicable regulations relating to assigned job
• Reconciles financial discrepancies by collecting and analyzing account information
• Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs
• Carry out any other duty as requested by Financial Accounting & Reporting Specialist or Financial & Administration Manager
• Will be responsible for carrying out day-to-day internal control monitoring and process enforcement activities in the assigned areas of the company.
• Implement the requirements of the internal control framework, charter, and manual relating to the assigned coverage areas.
• Comply fully with the internal control manual and process requirements.
• Contribute to the development and regular updating of the internal control manual.
• Contribute to the development of the internal control monitoring and enforcement processes and procedures that guide the operation of the internal control system.
• Routinely confirm compliance with policies, processes, procedures and other controls within the area of coverage and provide exception reports on a regular basis.
• Follow up to ensure that the observed or escalated exceptions are regularized within reasonable timeframe.
• Ensure that deliberate noncompliance with key policies, processes, procedures or other controls is escalated in appropriate format for disciplinary action.
• Through routine reviews, identify process, policy and procedural gaps in the areas of overage and make appropriate recommendations to strengthen the system.
• Carry out special reviews directed by Management within the stipulated timeline.
• Provide regular and appropriate reports to Management on the control monitoring activities in the coverage area.
• Conduct assigned ad hoc investigations into incidents, complaints, and procedural breaches and provide high quality report within the stipulated timeframe.
• Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs. Perform ad-hoc tasks and any other duties assigned by the Head of Internal Control or the Management.