Lead, Budget Planning & Control at Nigerian Electricity Supply Corporation (Nigeria) Limited (NESCO)

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Lead, Budget Planning & Control at Nigerian Electricity Supply Corporation (Nigeria) Limited (NESCO)

Nigerian Electricity Supply Corporation (Nigeria) Limited [NESCO (Nigeria) Limited] is incorporated under the Companies Act of the Laws of Nigeria. Its core business is to generate, distribute, supply and retail electric power in Plateau State and adjacent States.Purpose of the Job


Oversee the development coordination and monitoring of NESCO’s annual revenue and capital budgets, recognizing constraints on total capital funding available with NESCO and internal cash generation capacity of the company


Key Duties and Responsibilities
The Lead Budget Planning and Control shall therefore be responsible, but not limited, for the following:


Analyse energy consumption and production data to identify cost-saving opportunities and improve efficiency
Support tariff and pricing decisions by providing detailed financial analysis and projections
Oversee financial reporting for energy projects and ensure compliance with regulatory and industry standards
Develop and oversee the strategic framework for the energy management accounting unit to ensure alignment with corporate goals
Provide leadership in the preparation and analysis of budgets, forecasts, and financial reports related to energy production and distribution
Lead the evaluation of financial impacts of pricing strategies, and sustainability initiatives
Collaborate with senior management to inform decision-making on energy assets, tariffs, and investments
Oversee the implementation of internal controls and risk management practices within the energy management accounting unit
Ensure compliance with regulatory requirements and industry standards
Mentor and provide guidance to subordinates within the unit.


Education and Work Experience


First Degree in finance, accounting, economics, or a related field
Professional certifications such as ACA, ACCA, CPA, or CIMA are highly preferred
5-7 years of relevant work experience
Prior experience in the power, energy, or utilities sector is an advantage.


Attributes and Competencies:


Proficiency in planning, budgeting, and forecasting
Knowledge of treasury management & cash flow forecasting
Revenue management skills
Accounting policies and transactions
Knowledge of Financial Reporting.
Source: Lead, Budget Planning & Control at Nigerian Electricity Supply Corporation (Nigeria) Limited (NESCO)