Compliance Manager Employment Opportunity – Umeme

Job Title:    Compliance Manager
Organisation: Umeme
Duty Station: Kampala,
Uganda
Reports to: Deputy Managing
Director-Regulatory
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 Compliance
Manager will oversee and coordinate the implementation of policies and
procedures that ensure compliance to the Umeme concession agreements,
Regulatory and statutory frameworks; carryout compliance reviews across the
business to ensure the company meets its listing, regulatory and statutory
obligations.
Key Duties and
Responsibilities:  
  • Develop, review and manage the
    implementation of policies and procedures for compliance with the
    requirements of the Umeme Concession Agreements to protect shareholder
    value
  • Develop, periodically review and manage
    the implementation of policies and procedures for compliance with the
    requirements of the Capital Markets Authority (CMA), the Uganda Stock
    Exchange (USE), and the Nairobi Stock Exchange (NSE) to protect
    shareholder value.
  • The jobholder will develop, periodically
    review and manage the implementation of policies and procedures for
    compliance with Umeme licensee conditions, ERA regulations and guidelines,
    the Electricity Act 199, the Companies Act and other relevant statutes
  • The incumbent will manage the
    implementation of policies and procedures for compliance with the
    requirements of the Electricity (Safety Code ) Regulations, 2003, the Electricity
    (Primary Grid Code) Regulations , 2003 and the Electricity (Quality of
    Service) Regulations, 2003
  • Manage activities to monitor and ensure
    Umeme’s compliance with the disclosure requirements under the CMA, USE NSE
    and companies Act as well as rules and regulation in respect to
    publication of statutory accounts.
  • Work in close liaison with the Investor
    Relations Manager, ensure prompt submission of relevant reports to the
    CMA, the USE, the NSE and Investors in accordance with the Listing
    Regulations.
  • Coordinate and manage activities to ensure
    compliance with Umeme’s Insider Dealing Policy and preparing relevant
    compliance reports to the Umeme Senior Management Team (SMT) and the Umeme
    Board
  • Work closely with the Legal and Tariff
    & Regulation sections compile relevant reports to ERA pursuant to the
    Umeme Licenses for Supply and Distribution of Electricity.
  • Participating in the preparation and
    development of the Departmental annual and strategic work plans and
    Budgets
  • Prepare and submit mandatory and adhoc
    compliance reports to the Umeme Management Team (SMT) and the Umeme Board
    for their action.
  • Manage the performance and development of
    subordinate staff in line with the HR manual.
Qualifications, Skills and
Experience:
  • The applicant for the Umeme Compliance
    Manager job opportunity should preferably hold a Bachelor’s degree in Law
    or Accounting or Economics or equivalent an associated discipline.
  • Possession of postgraduate qualification
    such as Master’s Degree in business, institute of Chartered Secretaries
    (ICSA), ACCA, ACA CIMA, CPA
  • At least four years’ work experience in a
    regulated environment at a managerial level, two of which should have been
    at a supervisory role
  • Membership to an accredited professional
    such as Institute of chartered secretaries.
  • Broad knowledge and understanding of the
    Electricity Sector in Uganda, laws and regulation governing its operation.
How to Apply:
All suitably qualified and interested candidates are encouraged to fill
out the online form at the link below.
Deadline: 7th April 2017
by 17:00 hrs.
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