Government Finance Jobs – Economic/Financial Analyst at Rural Electrification Agency (REA)

Reports to: Manager, Investment Planning & Promotion
About REA:
The Government of Uganda established the Rural Electrification Agency (REA) as the Secretariat of the Rural Electrification Board which manages the Rural Electrification Fund (REF). The REF was established by Statutory Instrument No. 75 of 2001 as provided for under the Electricity Act 1999. This Fund has been used to finance the Rural Electrification Programme which covers all the regions of the country. The projects supported by the Fund cover grid extensions, off-grids and renewable energy generation projects. REA now wishes to fill the following full time positions to provide additional support in the area of construction and implementation of on-going and new projects.
Job Summary: To provide REA with competent services on matters related to rural electrification business plans and financing of rural electrification infrastructure.
Key Duties & Responsibilities:
·         Undertake economic and financial modelling for feasibility and business planning.
·         Assist project developers/concession operators with their business planning requirements.
·         Review project proposals/business plans using economic models, analyzing the projects to determine their financial and economic viability and social benefits.
·         Prepare detailed analysis reports on each project/business plan and advise management accordingly.
·         Undertake due diligence to verify the scope of works recommended and to verify the priced bills of quantities to ensure that REA gets value for money and that the prices offered are competitive.
·         Where capital subsidies are applicable, determine the prioritization of projects for subsidy eligibility.
Qualifications, Skills & Experience:
·         A Masters Degree in Economics, Quantitative Economics and MBA (Finance).
·         Training in project planning, analysis and management would be an added advantage.
·         At least 5 years experience in related duties, of which 2 were in financial and economic modelling and due diligence of business plans.
·         Knowledge of energy economics and financial issues in a public utility company would be an added advantage.
·         Strong interpersonal relationships and ability to work with other persons with unfamiliar backgrounds.
·         Thorough familiarity with the use of computers in financial and economic analyses.
·         Ability to prepare and present information clearly and concisely, orally and in writing.
How to Apply:
If you are interested in any of the above positions please submit your applications which should include cover letter, CV, names and addresses of 3 reputable referees and copies of relevant academic certificates and testimonials to:
The Executive Director
Rural Electrification Agency
2nd Floor House of Hope
P.O. Box 7317 Kampala, Uganda
Deadline: Thursday, 28th March 2013
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