Manager Economic & Financial Analysis Job Placement – Petroleum Authority of Uganda (PAU)
Job Title: Manager Economic & Financial Analysis
Organization: Petroleum Authority of Uganda (PAU)
Duty Station: Kampala, Uganda
About US:
The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production) Act 2013, and in line with the National Oil and Gas Policy for Uganda which was approved in 2008. The PAU’s mandate is to monitor and regulate the exploration, development and production, together with the refining, gas conversion, transportation and storage of petroleum in Uganda. This includes ensuring that petroleum operations in Uganda are carried out in accordance with the relevant laws, regulations, guidelines, statutes and in line with international best practice for the petroleum industry.
Job Summary: The Manager Economic and Financial analysis reports to the Director Technical Support Services and is responsible for ensuring that all the economic and financial analysis required to aid regulatory decisions are undertaken and are accurate.
Key Duties and Responsibilities:
- Responsible for all the activities within the Economic and Financial Analysis Department, including initiating, planning, budgeting and submitting timely reports on the activities of the Department.
- Carry out economic analysis on potential petroleum blocks (acreages) as a basis for bidding rounds and renewal of licenses of the oil companies.
- Manages and leads the team to monitor and regulate economic and financial aspects in the upstream and midstream operations and submit written reports.
- Ensures economic asset (upstream and midstream assets) evaluations are undertaken to anchor the licensing processes. Working with the relevant staff of the Authority as a team, ensure cost effective utilization of facilities to optimize production and guide decisions on tail end production.
- Ensure that topical issues that impact on the economics of the oil and gas sector in Uganda are well researched and brought to the attention of the Authority in a timely manner.
- Working with the Cost Monitoring team of the Authority, ensure that operations are economically feasible and cost effective.
- Ensures frequent examination and contextualization of the macro-economic risks in the country and their impacts on the projects in the sector and submit timely reports.
- Ensures the team keeps abreast with developments in economic and financial evaluation, taxation and fiscal terms, cost structures, prices, hydrocarbon availability and ensure that the advice on the impact of these on the sector in Uganda is frequently provided.
- Submit annual reports on economic viability of the oil and gas sector projects in Uganda.
- Ensures risk based economic and financial evaluations are performed to align regulation to business drivers and ensures the analyses are based on accurate and well supported assumptions.
- Provide necessary input into agreements and negotiations between government and industry players. Put in place appropriate models for analysing investments in the sector to aid strategic and regulatory decisions on the same.
- Advise on the pipeline tariff building methodology for facilities in the sector and provide advice on the appropriate tariffs.
- Develop and implement a comprehensive staff capacity building program of the staff in the Economics & Financial Analysis Department with emphasis on training.
- Leads the analysis of existing fiscal regimes, the impact of existing legislation
- on the oil and gas industry and propose strategies for improvement. Make recommendations regarding oil and gas legislation as well as other
- related policies from an economic point of view. Coordinate the development of linkages with other sectors including transport,
- housing, agriculture, tourism, health to ensure sustainable growth and development.
- Participate in the process of ascertaining the Cost Oil or Gas due to licensees.
- Put in place appropriate databases and tools necessary for economic and financial analysis.
- Perform any other duties as may be assigned from time to time.
Qualifications, Skills and Experience:
- The applicant for the Petroleum Authority of Uganda (PAU) Manager Economic & Financial Analysis job placement must hold a Master of Science Degree in either: oil and gas economics, oil and gas finance, oil and gas taxation, petroleum economics from an internationally recognized University.
- Bachelor’s Degree (Hons) in either: Economics, Petroleum Economics,
- Quantitative Economics, Finance, Statistics, Taxation, Engineering, Geosciences, Survey and, Commerce or Business Administration with finance option, from an internationally recognized university.
- At least five years of experience in economic or financial analysis, one (1) of which should have been served at middle management level in a reputable and highly organized establishment.
- Membership to a nationally or internationally recognized professional body;
- Good knowledge of the policies, laws, regulations governing the oil and gas sector in Uganda.
- A specialized qualification in financial analysis.
- Demonstrated knowledge of the oil and gas industry
- Considerable knowledge of tax laws
- Innovative and with a proven high level of integrity.
- Ability to work independently and in a team.
- Proven track record of outstanding performance.
- Excellent interpersonal and communication skills.
- Possess good administrative and negotiation skills.
- Track record of training and mentoring others.
- Excellent analytical skills.
- Proficiency in the necessary computer packages.
How to Apply:
All suitably qualified and interested candidates are encouraged to apply online by clicking on the link below.
Click Here (Register) -> Proceed to Application
NOTE:
- ONLY online applications will be considered.
- Applicants are required to scan and attach CERTIFIED copies of the required academic documents only e.g. Degree, Transcript, Diploma, A-level and O-level certificates and PLE results slip.
- Academic documents for the successful candidates will be vetted and background checks conducted before they are considered for appointment into the Authority.
- Only short listed and successful candidates will be contacted.
- All appointments shall be subject to a probationary period of not more than six months and subsequent confirmation in service will be based on satisfactory performance of the individual.
Deadline: 18th March 2019 by 11:59 pm.
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