Ikeja Electricity Distribution Plc Experienced Job Positions

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.

We are recruiting to fill the position of:

Job Title: Revenue Assurance Lead

Location: Lagos

Role Accountabilities

• Assist with detecting areas of high financial leakages and design appropriate strategies to enforce compliance with operational process affecting revenue
• Assist with carrying out periodic Quality Assurance (QA) on revenue protection processes and recommend improvement opportunities
• Liaise with relevant units and departments in confirming the integrity and assurance of Energy Received by the Disco
• Conduct assurance on invoice sent by the market operator
• Perform assurance test on energy shared across feeders, Business Units and Undertakings
• Perform Quality Assurance on revenues billed across business units
• Assist with conducting periodic review of standard operating process within entire revenue value chain
• Perform revenue assurance test on revenue and billing activities
• Access structures put in place to detect and avoid energy theft
• Develop and effect strategies required to reduce revenue leakage
• Assist in effecting strategies required to boost revenue and increase collection efficiency.

• 5+ years working experience (commercial experience is an added advantage).
• Prior working experience in a utility company.
• B.Sc in any of Accounting, Statistics, Economics, Business Administration or Engineering field. Professional qualification is desirable.
• Age: Not more than 40 years.

• Proficiency in Microsoft Excel, Word and Access
• Usage of Relevant Revenue Assurance Software
• Analytics and Report Writing Skills.
• Good Communication Skills.
• Knowledge of NERC/collections regulations and guidelines.

• Self-motivated with ability to lead and take ownership and responsibility
• Ability to multi-task, work under pressure to meet tight deadlines
• Fast learner, energetic and enthusiastic
• Adaptable to flexible business demands.

• Assist with reducing collection losses within the organization
• Assist with reviewing and developing strategies for increasing collection
• Assist with ensuring revenue mobilization resources are adequate and effective in driving collection
• Periodic review of targets set for each Business Unit and Undertakings
• Periodic assessment and review of all payment channels across the network
• Review, assessment and monitoring of disconnection activities within the network
• Ensuring Business Units and Undertakings possess the right reports required to drive collection
• Assist with developing and implementing a robust debt recovery strategy
• Monitoring and assessment of debtor profile and behavior
• Identify collection gaps and recommend strategies for mitigating collection risks

• Proficiency in Microsoft Excel, Word and Access
• Usage of Relevant Revenue Assurance Software
• Analytics and Report Writing Skills.
• Good Communication Skills
• Knowledge of NERC/collections regulations and guidelines
• Self-motivated with ability to lead and take ownership and responsibility
• Ability to multi-task, work under pressure to meet tight deadlines
• Fast learner, energetic and enthusiastic
• Adaptable to flexible business demands

• Self-motivated with ability to lead and take ownership and responsibility
• Ability to multi-task, work under pressure to meet tight deadlines
• Fast learner, energetic and enthusiastic
• Adaptable to flexible business demands

• 5+ years working experience (commercial experience is an added advantage)
• Prior working experience in a utility company
• B.Sc in any of Accounting, Statistics, Economics, Business Administration or Engineering field. Professional qualification is desirable
• Age: Not more than 40 years

• Assist with planning, allocating and monitoring collection activities across all Business Units
• Develop effective reporting tools that help drive and monitor collection activities
• Perform periodic trend analysis for revenues and energy billed to the company and Business Units
• Review IE's energy viz a viz energy supplied to BU's with a view to optimizing revenue mix
• Monitoring revenue and collection of significant MD, Prime and non-MD Customers
• Monitoring payment plans of both post and pre-paid debtors
• Reviewing all pre-billing activities across BU's and estimated billing procedures are effective at reducing commercial and collection losses
• Access tools and infrastructures used for reporting payment platforms
• Assist with developing strategies that help detect energy thieves
• Monitoring targets set for conversion of latent customers across of Business Units

• Proficiency in Microsoft Excel, Word and Access
• Usage of Relevant Revenue Assurance Software
• Analytics and Report Writing Skills.
• Good Communication Skills
• Knowledge of NERC/collections regulations and guidelines.

• Self-motivated with ability to lead and take ownership and responsibility
• Ability to multi-task, work under pressure  to meet tight deadlines
• Fast learner, energetic and enthusiastic
• Adaptable to flexible business demands

• 5+ years working experience (commercial experience is an added advantage)
• Prior working experience in a utility company
• B.Sc in any of Accounting, Statistics, Economics, Business Administration or Engineering field.
• Age: Not more than 40 years old