• Application Deadline:
• Position: Lead, Utilities Economics


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 5 - 7 years


• Location Oyo


• City Ibadan


• Job Field Engineering / Technical 
  

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-à-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.