17 June 2015

Chief Financial Officer (CFO) Career Opportunity - Umeme ~ Ugandan Jobline Jobs



Duty Station: Kampala, Uganda


Report to: Managing Director


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.


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.


Key Duties and

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: 

  • 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


All suitably qualified candidates

should send their applications and updated curriculum vitae in confidence to: hr.s@ug.pwc.com.


Deadline: Friday, 26th

June 2015




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