Manager Regulatory Finance Job Placements – Electricity Regulatory Authority (ERA)
Job Title: Manager Regulatory Finance
Organization: Electricity Regulatory Authority (ERA)
Duty Station: Kampala, Uganda
Reports to: Director Financial Services
About US:
The Electricity Regulatory Authority (ERA) is a Statutory Body established in accordance with the Electricity Act, 1999, Chapter 145 of the Laws of Uganda. The Act empowers ERA to regulate the Generation, Transmission, Sale, Export, Import and Distribution of Electrical Energy in Uganda.
Job Summary: The Manager Regulatory Finance will coordinate and review the technical and financial performance of the Licensee’s activities to ensure value for money against the agreed Standards, Covenants and Financial Targets in their Licenses.
Key Duties and Responsibilities:
- Review audited financial statements of Licensees vis-a-vis the assumptions embedded in the Tariff approved by the Authority.
- Review Financial Feasibility Studies submitted by the intending Developers.
- Monitor, train and undertake compliance of Licensees with the Uniform System of Accounts.
- Undertake Investment Planning and Verification of all Investments undertaken by Licensees.
- Monitor and analyze the quarterly, bi-annual and annual financial performance of Licensees Vis-a-Vis the assumptions in the Tariffs approved by the Authority.
- Undertake the review of UEB Successor budgets and monitor the Licensee’s performance on the approved budgets.
- Review and audit all the sector costs incurred by Licensees.
- Undertake compliance audit in line with the Electricity Act, Regulations, Guidelines and any other relevant laws.
- Develop a Unit Risk Management Register and periodically update it.
- Mentor, develop, train, and build capacity of staff entrusted to your section.
- Develop the Unit Annual Work Plan, supervise staff and conduct quarterly and end-of-year appraisals.
- Any other duties as may be reasonably assigned by the Supervisor or Management.
Qualifications, Skills and Experience:
- The applicant for the Electricity Regulatory Authority (ERA) Manager Regulatory Finance job must hold a Master’s Degree in Development Finance, Finance, Commerce, Business Administration.
- An Honours Degree in Finance and Accounting, Finance, Commerce, Business Administration.
- Must have a Professional Qualification such as ACCA or CPA.
- Post Graduate Qualification in Financial Analysis or Financial Modelling is an added advantage.
- Must have at least five (5) years of relevant working experience in a credible organization.
- Should not be more than 45 years of age.
- Should have good working knowledge of Uganda’s Electricity Supply Industry.
- Should be familiar with relevant Standards and Codes of Practice in the Electricity Supply Industry.
- Should be proficient in the use of various accounting packages.
- Should be a person of high integrity and be able to work as a part of a team.
How to Apply:
All candidates should be delivered preferably by record delivery addressed to:
The Chief Executive Officer,
Electricity Regulatory Authority,
Plot 15, Shimoni Road, Nakasero,
- O. Box 10332, Kampala – Uganda
Deadline: Friday, 17th January 2020, at 5:00pm.
N.B: Applicants who do not meet the stipulated minimum requirements need not apply. Members of the Electricity Regulatory Authority or Staff of ERA shall not be accepted as referees. Canvassing or any attempt thereof will lead to immediate disqualification. ERA is an equal opportunity employer.