Job Title: Financial Analyst
Employment type: Full time
Country: Uganda
City / Location: Kampala
Min. years of experience: 2 years
Minimum degree: Bachelors degree
Closing date: January 14, 2013 - 5pm
REF No UM/RAL/02/12/12
Reports to: Manager Tariff & Regulation
Department: Regulatory
Umeme Limited
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.
Legal Job Purpose:
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 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
Required Qualifications:
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
Experience:
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.
Contact/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:
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.
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