Job Title: Lead, Utilities Economics
Location
Oyo
Job Field
Finance, Accounting, Audit
Job Summary
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
Educational Qualification
A first degree in Social Sciences, Engineering or any relevant field
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
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