Financial Analyst

 UMEME

VACANCIES

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 common wealth 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..

2. Job Title:  Financial Analyst.

REF No. UM/RAL/02/12/12

Reports to: Manager Tariff & Regulation.

Department;   regulatory Affairs & Legal,

Job Purpose;

Responsible for the preparation and submission of tariff application to the Electricity Regulatory Authority, by conducting financial analysis of key tariff parameters,.

Undertaking tariff and financial modeling and producing relevant reports.

Key Responsibilities:

• Building 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 organization by developing common analytical methods definitions and reporting.
• Coordinate preparation and timely submission of the relevant monthly , quarterly and annual reports to ERA
• Analyze 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 method of evaluating and measuring performance on regulatory targets.
• Assist with preparation and submission of reports on tariff and regulatory targets to management.
• Monitor the implementation of Umeme Investment Annual plan and ensure full recovery, in the tariff of all investments (IN).
• With Economist, carry out analysis of investment by other sector entities.
• Coordinate the verification of the umeme investments.
• Participate in feasibility studies relating to end user tariff , power factor tariffs, flat rate, tariffs prepayment metering tariffs, and connection charges.

Required Qualifications:

Bachelors’ degree in business /Finance/ Economics 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.

Demonstrated proficiency in spread sheet applications and power point 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 applications together with detailed CV to:

The Human Resource Transformation manager,

Umeme at Lugogo, plot 5C, 3^rd Street industrial Area

Or Email recruit.hr@umeme.co.ug

Applications should be received by 5:00pm Monday 14^th January 2013.

Umeme is an equal opportunity employer. Influence-peddling will lead to automatic disqualification.