Junior Officer, Treasury & Financial Risk Management Recruitment at Abuja Electricity Distribution Company

The Abuja Electricity Distribution Company (AEDC Plc) one of the 11 privatized Electricity Distribution companies in Nigeria that operates in the following states; Kogi, Niger, Nasarawa and Abuja, is presently recruiting for the position below:

Position Title: Junior Officer, Treasury & Financial Risk Management

Location: Abuja

Role Purpose Statement

Assist in treasury related matters of the company.

Major Roles / Responsibilities

  • Prepare revenue reports and carryout bank reconciliation for the purpose of decision making on monthly basis.
  • Maintain professional relationship with financial institutions and ensure adherence to bank best practices.
  • Critically analyse revenue reports, review bank cashbooks and proffer advanced bank reconciliation methods with high level of professionalism.
  • Assist in negotiating and recommend means of bridging liquidity gaps.
  • Assist in preparing and maintaining an insurance policy for the company.
  • Analyses insurance needs and secures optimum coverage for the organization.
  • Process crystallised insurance claims timely. Liaise with the company’s insurers/assurers Assist in maintaining a financial risk register.
  • Monitor and recommend quality investment decisions for the company to achieve its objectives and goal.
  • Assist in developing risk and cost assessment report on all investment decisions.
  • Assist in the periodical evaluation of performance of predetermined investment portfolios.
  • Prepare bank reconciliation of all Company’s bank accounts and follow-up on timely resolution of reconciling items/variables.
  • Monitor and review revenue activities of the Area Offices.
  • Review reconciled costs and charges in bank accounts.
  • Monitor market trend and supply data to your line supervisor for the purpose of advising management on the purchase of foreign currency (FCY).
  • Ensure FOREX needs are meet – Purchase of FX, LC, Bill of collections etc.
  • Review cash inflows and outflows.
  • Monitor cashflow plan monthly utilisation of funds.
  • Ensure compliance to Federal and State laws and rules on Treasury and risk management.
  • Post all transactions on company’s accounting software.
  • Understanding of market conditions, trends and overall economic outlook.
  • Perform supervisory role to subordinates.
  • Should be able to stand-in for the Senior Analyst in his/her absence.
  • Other roles as assigned by the Treasurer.

Academic and Professional Qualifications

  • Degree in Banking and Finance, Accounting, Business Administration, Economics, other analytical degree
  • ICAN/ANAN/ACCA- will be an added advantage.

Work Experience:

  • Minimum 3 years corporate experience in relevant field (Financial Institutions or Treasury departments).

Application Deadline: 5:00 pm GMT; 1st May, 2019.

Click here to apply

The Cover Letter should be addressed to:
The MD/CEO,
Abuja Electricity Distribution Company Plc,
1 Ziquinchor Street, Off IBB Way,
Wuse Zone 4,
Abuja, FCT.

Note

  • All applications should include CV and a Cover Letter.
  • The subject of your application should be position applied for. Failure to follow the instructions will lead to disqualification of your application.

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