Tariff and Pricing Specialist Job Careers – Umeme

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Organisation: Umeme
Duty Station: Kampala,
Uganda
Reports to: Senior Manager –
Commercial Regulation
About US:
Umeme is the largest electricity distribution company in Uganda, with a
mandate of operating, maintaining, upgrading and expanding the electricity
distribution network, retailing electricity to its customers, improving
efficiency within the electricity distribution system. Umeme Limited is listed
on the Uganda Securities Exchange and cross-listed on the Nairobi Securities
Exchange since 2012. Umeme has over 620,000 customers of which 20% are on
pre-paid metering, a staff complement of 1,400 employees and has over the last
9 years invested US$ 271 m in the electricity distribution system.
Job Summary: The Tariff and Pricing
Specialist will carry out the process of compiling the annual and quarterly
tariff applications, undertake relevant tariff reconciliations, participate in
the stakeholder and public consultation process in respect to annual and quarterly
tariffs to ensure full provision of the company’s revenue requirement by the
Electricity Regulatory Authority (ERA).
Key Duties and
Responsibilities:  
  • The incumbent will compile the Annual and
    Quarterly Tariff Applications, in accordance with Tariff Methodology and
    ensure that Umeme tariff submissions to ERA provide for the company’s Full
    Revenue Requirement.
  • Undertake financial modeling based on the
    economic, company performance and Tariff Parameters to update the company
    tariff model and ensure its consistency with the ERA tariff model.
  • Work in close liaison with the Electricity
    Regulatory Authority, Coordinate and execute proper stakeholder and public
    consultation process with respect to Annual and Quarterly Tariff Reviews.
  • Work closely with the Finance Department,
    undertake the relevant analysis of the approved tariffs, carry out relevant
    tariff reconciliations including analysis of Bulk Supply Tariffs (BST) and
    ensure that the approved BST is based on realistic and verifiable
    assumptions.
  • Provide for, in the tariff application,
    Lease Payments to allow for full funding of the Escrow Account and ensure
    that the Escrow account is maintained at the “Required Minimum Amount’ pursuant
    to the lease and Assignment Agreement.
  • Take part in the dialogue with respect to
    all License reviews and Modifications initiated by the Authority and or by
    Umeme Limited and ensure compliance with the process.
  • Periodically review the Bulk Supply Tariff
    (BST) applied by UECTL and ensure it’s in accordance with the ERA approved
    tariffs.
  • Coordinate relevant offs sets from BST,
    the Lease Payment payable to UEDCL and draw from the Escrow Account, pursuant
    to the provisions of the Concession Agreements
Qualifications, Skills and
Experience:
  • The applicant for the Umeme Tariff and
    Pricing Specialist job opportunity should preferably hold a Bachelor’s degree
    in Accounting or Quantitative Economics, Statistics, Econometrics, or
    equivalent an associated discipline.
  • Possession of a postgraduate qualification
    such as Master’s Degree in business ,ACCA, ACA CIMA, CPA
  • At least four years of related work
    experience gained in a regulated environment at a managerial level, two of
    which should have been at a supervisory role.
How to Apply:
All suitably qualified and interested candidates are encouraged to fill
out the online form at the link below.
Deadline: 3rd April 2017
by 17:00 hrs.

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