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Head of Regulatory Services Careers – Uganda Electricity Generation Company Limited (UEGCL)
Job Title: Head of Regulatory Services
Organisation: Uganda Electricity Generation Company Limited (UEGCL)
Duty Station: Kampala, Uganda
Reports to: Chief Finance Officer
About Organisation:
Uganda Electricity Generation Company Limited (UEGCL) is a Public Limited Liability Company incorporated in March 2001 under the Companies Act (Cap 110). the Laws of Uganda and in conformity with the Electricity Act, 1999. UEGCL started operation on 1st April 2001 and is wholly owned by the Government of the Republic of Uganda, with the head office located in Kampala. The mandate of UEGCL is to establish, acquire, maintain and operate electricity generation facilities as well as promote Research and Development in the Electricity generation sector while running the company on sound business principles.
Job Summary: The Head of Regulatory Affairs will oversee all the regulatory engagements with the Electricity Regulatory Authority (ERA), Uganda Electricity Transmission Company (UETCL), Ministry of Energy & Mineral Development (MEMO), Ministry of Finance Planning & Economic Development (MoFPED) National Environment Management Authority (NEMA), Development Partners, along with other key sector entitle% spearhead tariff and License matters, approvals and verification of investments in existing assets and all commercial regulatory matters.
Key Duties and Responsibilities:
Corporate & Consumer Affairs Regulation
Coordinate all regulatory engagements with ERA, UETCL, other sector players and government players as may be needed.
Provide input for any communication to the general public or to key stakeholders pertaining to the Company with regard to any regulatory matters.
Economic Regulation
In charge of the compilation, review and submission of tariff applications, and quarterly reports of UEGCL operated power plants to ERA as needed.
In charge of initiating and effecting tariff quarterly and annual tariff indexations as applicable and advising management on the implications of the same.
Appraise and advise management of any regulatory changes and their potential commercial impact on business operations.
Ensure all the Company’s revenue requirements due from UETCL are recovered accurately and on time.
Support UEGCL’s relevant teams in Business Development with Tariff models, negotiations of new Power Purchase Agreements and securing of Generation Licenses to ensure commercial viability and long-term financial sustainability.
Maintain the Company’s Financial and Economic Performance Statistics in line with the tariff parameters set within the Licenses.
Oversee any research geared towards improving regulatory performance from an economics/tariff perspective.
Financial Regulations
Oversee the submission of annual investment plans for UEGCL power plants and progress reports on the same, ensuring timely approval by the regulator.
Coordinate investment verifications by ERA to ensure that all investments are well documented and no amounts are clawed back by ERA.
Maintain up to date reconciliation of regulated companywide investments approved, recovered and unrecovered investments.
Technical Regulations
Coordinate the submission of technical standards, operational manuals and reports to ERA as required by regulation
Participate in the review/revision of any technical standards and ensure compliance with prevailing relevant laws and regulations.
Participate in technical audits / reviews / investigations by ERA to ensure that the Company’s compliance status is fairly determined in terms of observations and regulatory interpretations.
Liaise regularly with technical departments/units to ensure technical regulatory compliance. Legal Regulation
Maintain up-to-date records of regulatory submissions, approvals. and correspondences including but not limited to Tariff Financial Models Licenses and PPM among others.
Collaborate with other functions to assess the need for modification of existing Power Purchase Agreements (PPA5). Licenses, and other instruments and support in initiation and negotiation of the same where applicable in pursuit of UEGCL’s financial sustainability.
Work closely with the in-house and external legal advisors on regulatory matters
Administration
Determine the Human Resource requirements for the Unit and participate in the recruitment of staff.
Manage the performance and development of staff under supervision
Develop the Unit’s Annual Operating Plan and Budget and implement the Unit’s approved budget.
Qualifications, Skills and Experience:
Education and Professional Requirements
An upper second Bachelor’s degree in a relevant field such as Economics, Finance, Accounts, Business Administration, Engineering or Energy Management is a must.
Professional qualification / certification in ACCA, CPA, CFA is an added advantage.
Master’s Degree in Business Administration, Accounting. Engineering. Management or related field is a must.
Related Job Experience
A minimum of Seven (7) years’ relevant work experience in the energy or other utility subsector or a regulated sector is a must
At-least 3 yeas’ experience at senior/managerial level doing regulatory services work.
Experience with regulatory authorities is an added advantage
The ideal candidate for this job should possess a combination of regulatory expertise, financial alums), project management skills. and strong communication abilities.
How to Apply:
All interested persons with requisite qualifications are invited to address their applications with copies of certified academic documents, professional qualifications and detailed Curriculum Vitae indicating two referees and their full addresses to:
Chief Human Resource Officer,
Uganda Electricity Generation Company Limited (UEGCL) Block C, Victoria Office Park, Okot – Kiwanuka Close, Bukoto P. O. Box 75831 Kampala.
Applicants should create accounts and fill out the application form and also send copies of their application letter, curriculum vitae and academic qualifications, as one attachment only in portable documents format (pdf) indicating the name and position applied for in the subject line to email address to jobs@uegcl.go.ug
Please note:
Only applications on-line will be considered.
Only shortlisted candidates will be contacted.
Shortlisted candidates will be required to present their original copies of certified academic documents during interviews.
Applications without authentic academic documents will not be considered.
Deadline: 7th October 2024
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