Job Title: Chief Financial Officer (CFO)
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.
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.
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
Responsibilities:
Responsibilities:
- 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
process. - 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
resources; - 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
(IFRS); - 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
Experience:
Experience:
- The
ideal candidate must hold a degree in Business, Accounting, Statistics,
Finance or related fields, a qualified accountant (ACCA, CPA, CMA, CA or
CFA) - At
least five years’ experience in senior leadership positions. - Past
experience in the power and energy or utilities sector will be an added
advantage. - Past
experience in supporting staff development, performance and career
progression. - 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: [email protected].
should send their applications and updated curriculum vitae in confidence to: [email protected].
Deadline: Friday, 26th
June 2015
June 2015
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