Job Title: Head Financial Reporting at Sahara Group
Date Posted: 13th February, 2026.
Expiry Date: 02/22/2026, 11:55 PM
About the Job
The Head of Financial Reporting will be responsible for coordinating and managing the accurate recording and reporting of Egbin’s financial statements.
Your Job Description
Key Duties and Responsibilities
Develop annual Revenue Management (RM) goals.
Coordinate investigation, analysis, evaluation, and resolution of revenue-related issues arising during disputes on revenue recognition.
Periodically review and report on the status of billing with the Market Operator, Bulk Trader, Eligible Customers, and outsourced functions.
Review revenue-impacting policies, processes, and activities in line with the realities of the Nigerian environment.
Support the provision of recommendations for modifications to such policies.
Perform monthly energy and capacity reconciliation in conjunction with the commercial and contracts unit for revenue recognition purposes.
Provide relevant suggestions to management and the Board on potential revenue sources to be identified and explored.
Ensure timely and accurate recording of direct payments and cash receipts from Egbin’s power buyers.
Monitor credit transactions to ensure full compliance with agreements, policies, and procedures, and identify, investigate, and report any contraventions, non-compliance, or exceptional credit-related cases to the Head, Finance & Stores.
Participate actively in the implementation of appropriate recovery strategies to ensure timely collection of market arrears.
Oversee and ensure timely reconciliation of EGBIN’s balance sheet and the clearance of identified exceptions.
Collate inputs and translate them into an agreed format for management reporting.
Ensure month-end balances and financial statements are prepared promptly.
Ensure timely generation and submission of monthly, quarterly, and annual financial statements, including profit and loss, cash flow, and statement of financial position.
Prepare the unit’s budget inputs and contribute to firm-wide budget preparation.
Design and develop a unit plan detailing how the unit will deliver organisational requirements.
Coach, mentor, and conduct performance appraisals and reviews for subordinates in a timely manner.
Prepare periodic reports for the attention of the CFO.
Approve expenditure within delegated approval limits.
Perform any other duties as assigned by the CFO.
Implement data protection policies and practices of Egbin Power Plc.
Ensure compliance with the Nigeria Data Protection Regulation (NDPR) and other applicable data protection laws and policies.
Undertake Data Protection Impact Assessments, as applicable, to mitigate risks during data processing operations.
Ensure awareness, understanding, and application of QHSE policy on assigned jobs, and integrate Integrated Management System (IMS) requirements (ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018) into departmental processes.
Engage, direct, and support persons, units, and departments to identify and manage hazards, risks, environmental aspects, and impacts related to their job functions.
Ensure that the Integrated Management System (ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018) achieves its intended results within departmental processes.
The Job Requirements
Education and Work Experience
Bachelor’s degree or its equivalent in Accounting, Finance, Economics, or other related discipline.
Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA) is a must-have.
Minimum of ten (10) years relevant experience with at least three (3) years in a managerial role.
Skills and Competencies
Good understanding of micro and macroeconomic indices and their impact on the business.
Good understanding of trends, challenges, opportunities, regulations, and legislations relating to the power sector and their impact on revenues.
Good knowledge of the wholesale electricity market and relevant settlement mechanisms.
Working knowledge of the Multi-Year Tariff Order, cost assumptions, and returns on investments.
Deep understanding of foreign exchange operations and regulation.
Advanced financial and accounting knowledge, including finance best practices and IFRS/international accounting and financial reporting standards.
Knowledge of Financial Reporting Council (FRC) and NERC requirements for financial reporting.
Strong business acumen with sound financial and commercial knowledge.