Jobs

Chief Financial Officer at Benin Electricity Distribution Plc. (BEDC)

  • Job Type Full Time
  • Qualification BA/BSc/HND , MBA/MSc/MA
  • Experience 2 – 5 years
  • Location Edo
  • City Benin
  • Job Field Finance / Accounting / Audit&nbsp

Chief Financial Officer at Benin Electricity Distribution Plc. (BEDC)

Chief Financial Officer

JOB PURPOSE

  • The candidate should have deep understanding of International Financial Reporting Standard (IFRS), disclosures, and ability to interpret financial data.

Job Description:

  • Oversee the management and accounting of the company’s fixed and non-current assets.
  • Maintain and update the fixed asset register, ensuring accurate classification, valuation, and tagging of all assets.
  • Coordinate periodic asset verification, tagging, and physical inventory exercises.
  • Monitor capital projects and ensure timely capitalization upon completion.
  • Track and record asset acquisitions, disposals, impairments, and transfers in compliance with accounting standards.
  • Compute and review monthly depreciation charges and reconcile with general ledger balances.
  • Ensure compliance with internal control procedures and audit requirements related to asset management.
  • Prepare asset-related schedules and reports for management decision-making and external audit purposes.
  • Booking of salary Journal Vouchers.
  • Booking of provision account receivable.
  • Accrual for trade creditor, booking of invoices and payments.
  • Filing of source documents.
  • Maintaining CBN Amortization schedule.

Education and/or Work Experience Requirements:

  • Bachelor’s degree in accounting, Finance, Economics, or other related disciplines.
  • A master’s degree in accounting, Finance, Economics, or other numerate sciences is an added advantage.

Professional Qualifications (Mandatory)

  • Chartered Accountant (ICAN, ACCA, or equivalent)
  • Member of Chartered Institute of Taxation of Nigeria (CITN) is an added advantage.

Relevant Experience

  • Minimum of 2-5 years post-qualification experience in finance and accounting roles.
  • Experience in a DisCo or FMCG organisation with not less than ₦15 billion monthly turnover.
  • Proven experience in final accounts preparation, tax management, budget and budgetary control.

Technical Skills

  • Proficient in Microsoft Excel, Word, PowerPoint, and Microsoft Office Suite.
  • Hands-on experience with ERP/Accounting Systems (SAP, Oracle, Dynamics NAV, Sage, etc.)
  • Strong knowledge of IFRS, Nigerian tax laws, budgeting, and financial modelling.

Core Competencies

  • Strong analytical and problem-solving skills.
  • Leadership and supervisory capabilities.
  • Excellent communication and presentation skills.
  • High ethical standards, confidentiality, and attention to detail.
  • Ability to work under pressure with strict deadlines.

REMUNERATION AND BENEFITS

  • Competitive salary with performance incentives
  • Health, pension, and other statutory benefits
  • Opportunities for career advancement

Method of Application

Interested and qualified candidates should send their updated CV to careers@beninelectric.com using FINAL ACCOUNT OFFICER – [Applicant’s Name] as subject.

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