Financial Analyst Jobs in Uganda at Electricity Regulatory Authority (ERA)

Job Title: Financial Analyst

Employer: Electricity Regulatory Authority (ERA)

Duty Station: Kampala, Uganda

Application Deadline: 20^th Feb 2015

Job Description:

Duties and Responsibilities:

·         Monitor the financial performance of licensees vis-avis the assumptions embedded in the tariffs approved by the Authority.

·         Monitor the financial transactions between the Uganda Electricity Transmission Company Limited

·         (UETCL) and generation as well as distribution companies to ensure that these are in accordance with the tariff methodologies in the Power Sales Agreements (PSAs) and Power Purchase Agreements (PPAs).

·         Evaluate the financial feasibility studies submitted by the intending developers as well as licensed companies and advice on the appropriate return on investment (ROI) and the Weighted Average Cost of Capital (WACC).

·         Work with the Economist in charge of Pricing and Tariffs to review the tariffs of the licensees as per the provisions of each license.

·         Participate in the investment verification exercise for licencees in liaison with the Finance and Administration Department.

·         Participate in budget reviews of licensees in liaison with the Finance and Administration Department.

·         Carry out periodic reconciliations of licensees to establish the financial position of the licensees.

·         Contribute to the production of the periodic sector performance reports.

·         Develop and maintain financial models for various licensees and establish the necessary database to update these financial models.

·         Analyze and advise on the sector investment requirements and quantify the impact on the tariff path.

·         Carry out any other duties as may be assigned from time to time.

Qualifications, Experience and Age Limit:

• An Honours degree in Commerce (Finance or

Accounting), Business Administration (Finance or

Accounting) or Financial Economics from a formally recognized institution.

• Full professional qualification such as ACCA, CFA or CPA.

• Must have at least 3 years of relevant work experience.

• Should be between 25 -35 years old.

Essential:

• Proficiency in relevant computer packages

• Should have good Analytical skills

• Should have good leadership skills

• Good communication skills

• Good interpersonal skills

How to Apply:

Applicants should submit their application letters and enclose a detailed Curriculum Vitae and relevant certificates including daytime telephone number or e-mail address of the applicant and addresses (including daytime telephone or e-mail) of three Referees. Applications should be delivered preferably by recorded delivery, addressed to:

THE DIRECTOR FINANCIAL AND ADMINISTRATIVE SERVICES ELECTRICITY REGULATORY AUTHORITY PLOT 15, SHIMONI ROAD. P. O. BOX 10332, KAMPALA – UGANDA To reach the above address by February 20, 2015 at 5.00 pm. Applicants who do not meet the stipulated minimum requirements need not apply. N. B. Members of the Electricity Regulatory Authority or Staff of the ERA Secretariat shall not be accepted as referees. Canvassing or any attempt thereof will lead to immediate disqualification. ERA is an equal opportunities employer.