Economist – Pricing Job Careers – Electricity Regulatory Authority (ERA)

Organisation: Electricity
Regulatory Authority (ERA)
Duty Station: Kampala,
Reports to: Manager
– Pricing
Ref: ADV/63-66/020/017
About US:
The Electricity
Regulatory Authority is a Statutory Body established in the year 2000, in
accordance with the Electricity Act, 1999, (Chapter 145 of the Laws of Uganda)
to regulate the Generation, Transmission, Distribution, Sale, Export and Import
of Electrical Energy in Uganda. ERA is mandated by the Electricity Act, 1999,
to issue electricity Generation, Transmission, Distribution, Sale and Import
Licenses, set License conditions and ensure compliance to License conditions by
Licensees. ERA is also mandated to establish a tariff structure, approve rates
of charges among other functions. We are committed to ensuring a sustainable
Electricity Supply.
Job Summary:  The Economist – Pricing will analyze the
performance of the Licensees vis-a-vis the assumptions embedded in the Tariffs
in the Electricity Supply Industry (ESI). The jobholder will analyze the
Financial Feasibility of the Licensees and validate financial claims through
effective reconciliations.
Key Duties and Responsibilities:  
the Financial Performance of Licensees vis-a-vis the assumptions embedded in
the Tariffs approved by the Authority.
the Financial Transactions between the Uganda Electricity Transmission Company
Limited (UETCL) and Generation as well as Distribution Companies to ensure that
they are in accordance with the Tariff Methodologies in the respective Licenses
and as harmonized in the respective Power Sales Agreements (PSAs) and Power
Purchase Agreements (PPAs).
the Economic (Commercial and Financial) Feasibility Studies submitted by the
Intending Developers as well as Licensed Companies and advise on the
appropriate Return on Investment (ROI) and the Weighted Average Cost of Capital
the Tariffs of the Licensees as per the provisions of each License.
with the Finance Department and participate in the Investment Verification
Exercise for Licensees.
the Budgets of Licensees in liaison with the Finance Department.
out periodic reconciliations of Licensees’ Performance to establish the
Financial Position of the Licensees.
to the production of the periodic Sector Performance Reports.
and maintain Financial Models for various Licensees and establish the necessary
database to update these Financial Models.
Quarterly and Annual Reports on the Financial and Commercial Performance of the
and advise on the ESI Investment Requirements and quantify the impact on the
Tariff Path.
any other duties as may be reasonably assigned by the Supervisor or Management.

Qualifications, Skills and Experience:
applicant for the Electricity Regulatory Authority (ERA) Economist – Pricing
job must hold a Bachelor’s Degree in Finance and Accounting, Finance, Commerce,
Business Administration, Financial Economics, Economics, Quantitative
Economics, Statistics.
have a Professional Qualification such as ACCA, CPA or CFA.
have at least Five (5) Years of relevant working experience in a credible
Age: below 35 Years
How to Apply:
All candidates
should send their application forms online at the link below.
Deadline: 26th June 2020 by 5:00 pm
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