Electricity Regulatory Authority (ERA) Career Jobs – Economist (Pricing)

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Job Title: Economist (Pricing)
Organization: Electricity Regulatory Authority
(ERA)
Duty Station: Kampala, Uganda
Reports to: Manager (Pricing)
About ERA:
The Electricity
Regulatory Authority (ERA) is a statutory body established in 2000 in
accordance with the Electricity Act 1999 to regulate the generation,
distribution, transmission, sale, export, import of electrical energy in Uganda
and to guide liberalization of the electricity industry, manage licensing,
rates, safety and other matters concerning the industry.
Job Summary: The
Economist (Pricing) will be responsible for;
  • Proposing changes in the policy
    framework for the electricity supply industry.
  • Developing and maintaining an efficient
    database on tariff determination.
  • Reviewing and managing the Tariff
    setting processor Licenses.
  • Actively participating in the process of
    forecasting electricity demand and plans for the short, medium and long
    term supply.
  • Licensing all new projects and implement
    a licensing regime that encourages Investment in the Electricity Supply
    Industry (ESI).
Key Duties and Responsibilities:
  • Offer timely advice and guidance to the
    Manager (Pricing) on policies, strategies, procedures and decisions on
    pricing and tariffs and rate of return issues for the utilities.
  • Review and maintain the tariff models
    and structures to ensure that they are consistent with the Licenses/Power
    Purchase Agreements.
  • Review tariffs regularly in accordance
    with the licenses issued to the companies.
  • Review and regularly update the
    feed-in-tariffs for Renewable Energy projects.
  • Review Power Purchase Agreements.
  • Perform the economic and financial
    appraisal of feasibility studies.
  • Conduct the economic and financial
    appraisal of license applications.
  • Develop Key Performance Indicators and
    benchmarks in the Electricity Supply Industry.
  • Monitor the performance of licensees vis-a-vis
    the assumptions used while setting tariffs.
  • Offer technical in-put to the
    development of the Least Cost Generation Plans.
  • Perform any other duties as may be
    assigned by the Manager (Pricing), Director (Economic Regulation) or
    Management.
Qualifications, Skills and Experience: 
  • The ideal candidate should possess an
    honour’s Degree in either Quantitative Economics or Economics, Financial
    Economics or equivalent with ACCA or CFA from a recognized
    University/Institute.
  • Possession of a Masters Degree in
    Economics or Financial Economics, Quantitative Economics, Investment
    Banking, Finance, Development Finance etc will be an added advantage.
  • At least three (3) years of relevant
    experience.
  • Economic and financial modelling skills
  • Significant knowledge of electricity
    tariff structures and pricing levels
  • Strong Econometrics skills
  • Comfortable with MS Office applications
    with advanced Excel Modelling skills
  • Computer literacy skills i.e.
    comfortable using computer applications in financial and economic analysis
  • Good research skills
  • Highly numerate with advanced analytical
    skills
  • Possess the ability to interpret the
    financial statements of companies
  • Familiarity with Project Management and
    Appraisal
  • Excellent report writing skills
  • Possess the ability to work with minimal
    supervision
  • Excellent Interpersonal Skills
  • High degree of integrity
  • Hard working character
Age: Between 25 – 40
years.
How to Apply:      
All suitably qualified candidates are required to express their
interest by sending applications with application letters and enclosed copies
of:
  • Detailed Curriculum
    Vitae including copies of relevant certificates.
  • Address (including
    daytime telephone, fax or e-mail) of the applicant.
  • Address (including
    daytime telephone, fax or e-mail) of three Referees.
  • Applications should be
    delivered preferably by recorded delivery Addressed to:
The Director Financial & Administrative Services,
Electricity Regulatory Authority (ERA),
Plot 15 Shimoni Road,
P. O. BOX 10332, Kampala – Uganda
N. B. Members of the Electricity Regulatory Authority or Staff of ERA
Secretariat shall not be accepted as referees. Canvassing or any attempt
thereof will lead to immediate disqualification. ERA is an equal opportunities
employer.
Deadline: Friday, 25th April 2014 by 5PM

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