Lead, Utilities Economics at Ibadan Electricity Distribution Company (IBEDC) Plc
Ibadan Electricity Distribution Company (IBEDC) Plc – Headquartered in Ibadan is responsible for electricity distribution within the south western zone(Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states)We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.
In order to enable us continue providing excellent customer service, and so we can build a world class electricity distribution company, we have partnered with one of the world’s most reputable electricity distribution companies with over 100 years of experience: the Manila Electricity Company (MERALCO) from the Republic of the Philippines. We are presently in the process of re-engineering the company to international standards by introducing the latest technology, innovative customer initiatives and a compelling employee value proposition.
IBEDC is investing in excellence, if we are to meet our goals, we need your help. We need you to join us in the following rewarding and challenging career opportunity.
Lead, Utilities Economics
Job Type: Full Time
Qualification: BA/BSc/HND MBA/MSc/MA
Experience: 10 - 15 years
Location: Oyo
Job Field: Finance / Accounting / Audit
Minimum Qualification BACHELOR DEGREE + MASTERS
Required Experience 10 - 15 years
Available Slots 1 Slot
Application Deadline 2015-07-31
Job Description
To ensure full compliance of IBEDC with all industry regulations governing permits, rates and pricing Department: Regulatory Affairs and Government Relations. The role holder reports to the Head of Regulatory Affairs and Government Relations and supervises Energy Rates, Pricing, and System Reliability teams
Responsibilities
Assists in developing policies, strategies and plans for the department to ensure full regulatory compliance
Oversees and monitors the process for energy pricing and tariff rate and systems reliability
Participates in regulatory agency meetings and public meetings/hearings that pertains to permits, rates and pricing
Prepares internal report for IBEDC management (highlight findings, implications and key recommendations)
Monitors and ensures compliance with all applicable utility commission rules, regulations and orders as it pertains to rates, pricing and system reliability
Develops and implements long-term rate strategy and plans, including rate design, adjustment mechanisms and tariff provisions to prevent earnings erosion
Liaises constantly with relevant departments (Legal, Finance and Accounts, etc.) and BUs across IBEDC on regulatory related matters as it pertains to rates and pricing
Qualifications and Requirements
Educational Qualification:
A first degree in Social Sciences, Engineering or any relevant field
Desired Experience:
At least 10 years’ experience in a regulatory function with at least 5 years’ in a supervisory position within the Utilities industry or a closely related industry with at least 5 years in a supervisory role
Method of Application
To apply for this position, click here
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