Chief Financial Officer (CFO) Career Opportunity – Umeme

Organization: Umeme
Duty Station: Kampala, Uganda
Report to: Managing Director
About US:
Pwc would like to recruit for
Umeme, a public company cross listed on both the Uganda Securities Exchange and
the Nairobi Securities Exchange with over 6,483 shareholders, including high
value international institutional investors. Umeme operates under a concession
with a structural monopoly in the distribution of electricity across Uganda,
distributing 99% of electricity in Uganda through a single buyer model.
Job Summary: The Chief Financial Officer (CFO) will provide
the overall strategic direction for the finance function, with a key focus on
corporate finance, financial reporting, providing a framework of planning,
monitoring and reporting systems and ensure that the balance sheet exposure and
bottom line performance are managed efficiently and effectively.
Key Duties and
  • Steer
    the development and delivery of the finance strategy, within the overall
    corporate strategy, to deliver sustained growth of shareholder value.
  • Develop
    and lead the funding and investment strategy of the business to deliver
    value and meet targets within the company’s contractual framework.
  • Manage
    the company’s annual, medium term and long-term financial planning
  • The
    incumbent take accountability for the financial performance of the company
    through effective planning, control and reporting;
  • Oversee
    the financial advisory role for the senior management team, directors and
    the entire company, for prudent management and utilisation of company
  • Measure
    and report on company financial and operational performance;
  • Ensure
    compliance with applicable statutory codes and accounting principles,
    regulations, financing agreements and financial reporting framework
  • Ensure
    adequacy of policies, systems and processes to safeguard company assets;
  • Build
    and strengthen working stakeholders including regulators, investors,
    directors, tax authorities, financiers, banks, sector players,
    shareholders etc;
  • Manage
    all financial risks and exposures of the company.
Qualifications, Skills and
  • The
    ideal candidate must hold a degree in Business, Accounting, Statistics,
    Finance or related fields, a qualified accountant (ACCA, CPA, CMA, CA or
  • At
    least five years’ experience in senior leadership positions.
  • Past
    experience in the power and energy or utilities sector will be an added
  • Past
    experience in supporting staff development, performance and career
  • Detailed
    accounting knowledge and financial analysis skills;
  • Ability
    to develop as well as drive strategy for growth;
  • Excellent
    communication and influencing skills that address various stakeholders;
  • Excellent
    leadership skills and ability to exercise judgement based on accurate and
    timely analyses
How to Apply: 
All suitably qualified candidates
should send their applications and updated curriculum vitae in confidence to: hr.s@ug.pwc.com.
Deadline: Friday, 26th
June 2015
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