Financial Reporting Specialist

Rhizome Consulting Ltd

Accounting, Auditing & Finance

About The Organisation

Our client is spearheading a nationwide infrastructure improvement programme focused on enhancing service quality and consumer experience within a critical public utility sector. The initiative is designed to replace outdated systems with more accurate, transparent, and consumer-friendly solutions. As rollout efforts expand, the programme is seeking dynamic professionals to strengthen its strategic delivery team and help drive sustainable sector reform.

Job Title: Financial Reporting Specialist

Location: Abuja

Reports to: Chief Financial Officer (CFO)

Department: Finance & Treasury

Summary

The Financial Reporting Specialist is responsible for the accurate and timely preparation of financial reports and statements in accordance with International Financial Reporting Standards (IFRS) and regulations from industry-specific bodies such as the Nigerian Electricity Regulatory Commission (NERC). The role plays a critical part in ensuring regulatory compliance, maintaining financial integrity, and supporting decision-making across the organization. It involves cross-functional collaboration, audit support, and continuous monitoring of industry trends and regulatory changes.

Job Responsibilities

• Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and NERC regulatory guidelines.
• Reconcile general ledger accounts to ensure the completeness and accuracy of financial data.
• Support the preparation and timely submission of statutory returns and regulatory reports to authorities such as NERC, FIRS, and PENCOM.
• Assist with internal, external, and tax audits by providing necessary documentation and resolving audit queries.
• Monitor and track capital expenditure (CAPEX) and operational expenditure (OPEX) against approved budgets.
• Ensure proper accounting treatment of key transactions, including energy purchases, tariffs, and customer billing activities.
• Collaborate with departments such as billing, treasury, and operations to ensure the completeness and accuracy of reported data.
• Maintain and update the chart of accounts to ensure alignment with reporting and regulatory requirements.
• Participate in preparing management reports and financial presentations for executive leadership and the board.
• Identify areas for improvement in financial processes and support the development of internal control enhancements.
Stay current with changes in financial reporting standards, sector-specific regulations, and industry best practices.

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Educational Requirements

Knowledge, Skills & Experience

• Minimum of 4-5 years of experience in financial reporting, preferably in the power or utilities sector.
• Professional certification (ICAN, ACCA, or equivalent)
• Strong knowledge of IFRS and regulatory frameworks relevant to the Nigerian power sector (e.g., NERC).
• Proficient in Microsoft Excel and financial software such as Sage, SAP, or similar ERP systems.
• Strong attention to detail, with excellent analytical and organizational skills.
• Ability to meet tight reporting deadlines and manage multiple priorities.
Effective communication and collaboration skills for cross-functional teamwork.

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EQUAL OPPORTUNITY EMPLOYER

Our client is committed to fostering an inclusive workplace where diversity is celebrated. We do not discriminate based on age, gender, ethnicity, or any other factor.

WHY JOIN OUR CLIENT’S ORGANISATION?

• Be part of an initiative that directly impacts millions of Nigerians.
• Collaborate with development partners and top-tier professionals.
• Work in a dynamic, agile, and high-performing environment.
Enjoy opportunities for professional growth, strategic influence, and meaningful impact.

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APPLICATION DEADLINE: Thursday, June 19th, 2025.











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