Job Title: Financial Analyst
REF No: UM/RAL/02/12/12
Reports to: Manager Tariff & Regulation
Reports to: Manager Tariff & Regulation
Department: Regulatory Affairs & Legal
About Umeme:
Umeme Limited is an Electricity Distribution
company listed on the Uganda and Nairobi Securities Exchange, with Actis’
Infrastructure 2 fund as a majority investor. Actis is a leading investor in
the emerging markets, managing over US$4.8bn worth of investment on behalf of
more than 100 institutional investors, including the Commonwealth Development
Corporation (CDC), a UK Government owned company. Umeme is seeking to recruit
employees with high integrity, dedication and commitment to fill the positions
below in the Regulatory Affairs & Legal Department. The position holders
will be stationed at our Offices in Kampala.
Job
Summary:
The Job holder will be responsible for the preparation and submission of tariff
applications to the Electricity Regulatory Authority, by conducting financial
analysis of key tariff parameters, undertaking tariff and financial modeling and
producing relevant reports
Key Duties &
Responsibilities:
·
Build
and develop financial models, undertake computation of various tariff scenarios
and carry out relevant sensitivity analysis of key tariff parameters for both
internal and external purposes.
·
Provide
linkage across the organisation by developing ‘common’ analytical methods,
definitions, and reporting.
·
Coordinate
preparation and timely submission of the relevant monthly, quarterly and annual
reports to ERA.
·
Analyse
company’s business model and budgets, including underlying budget assumptions and
ensure linkage with the ERA tariff parameters in the tariff model.
·
Develop
new capabilities improving reporting processes on Regulatory Targets and
developing appropriate financial methods of evaluating and measuring performance
on Regulatory Targets.
·
Assist
with preparation and submission of reports on tariffs and Regulatory Targets to
Management.
·
Monitor
implementation of the Umeme Investment Annual Plans and ensure full recovery,
in the tariff, of all investments (IN).
·
With
Economist, carry out analysis of investments by other sector entities.
·
Coordinate
verification of the Umeme Investments.
·
Participate
in feasibility studies relating to end user tariffs, power factor tariffs, flat
rate tariffs, Prepayment Metering tariffs, and connection charges.
Qualifications, Skills & Experience:
·
Bachelor’s
degree in Business /Finance/Economics.
·
A
post graduate qualification such as a Masters Degree in Business
administration, or ACCA, ACA, CIMA, CPA or equivalent is an added advantage
·
A
minimum of two years of experience, performing financial analysis, budgeting,
forecasting and financial statement analysis and projection is essential.
·
A
demonstrated proficiency in spreadsheet applications and PowerPoint
presentations is required.
·
Experience
and demonstrated capability of serving as effective financial business partner
in a service oriented environment is recommended.
How to
Apply:
If you believe you are the right candidate for these challenging positions, please send your application together with detailed curriculum vitae to
If you believe you are the right candidate for these challenging positions, please send your application together with detailed curriculum vitae to
The Human Resources Transformation Manager Umeme
at Lugogo plot 5C 3rd Street Industrial Area
or E-mail recruit.hr@umeme.co.ug .
UMEME is an equal opportunity employer. Influence-peddling will lead to automatic disqualification.
at Lugogo plot 5C 3rd Street Industrial Area
or E-mail recruit.hr@umeme.co.ug .
UMEME is an equal opportunity employer. Influence-peddling will lead to automatic disqualification.
Deadline:
13th January, 2013
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