Umeme Limited Treasury Manager Job in Kampala, Uganda

Our client, Umeme Limited, is a major investment of Actis’ Infrastructure 2 fund. Actis is a leading investor in the emerging markets, investing exclusively in Asia, Africa, and Latin America.
Presently, Actis manages over US$4.8bn worth of investment on behalf of more than 100 institutional investors. The Commonwealth Development Corporation (CDC) of the United Kingdom, a UK Government-owned company, is the largest investor in Actis’ infrastructure 2 fund, and as such, has a relationship with Umeme Ltd indirectly through Actis.
As a responsible employer, Umeme Limited is committed to providing competitive employment terms to its employees, in addition to providing safe and reliable electricity, improving customer service,  minimising energy losses, and operating in a cost effective manner. To help in achieving these goals, Umeme is looking to recruit an individual with high integrity, dedication and commitment to 11 the position of a Treasury Manager.
Reporting to the Chief Financial Officer, the Treasury Manager will be responsible for the day-to-day management of Umeme’s treasury operations and controls including cash and liquidity management, corporate financial management and nancial risk management, while maintaining an optimum taxation position. The Treasury Manager will also have contact with senior managers and key external takeholders including financial institutions, key investors, Uganda Revenue Authority and the securities exchange, which requires strong interpersonal communication skills, both written and verbal.Provide strategic and operational direction to the treasury function;Ensure accurate and timely accounting of treasury transactions including review of reconciliations of cash and near cash items;Forecast and manage the company’s cash flows and ensure adequate liquidity to meet obligations as they fall due;Coordinate funding plans of both short-term and long investment initiatives;Source and manage new funds, including but not exclusively, concessionary funding and represent Umeme in discussions and up to final agreements;Ensure that Umeme complies with nancing contractual terms and covenants;Manage tax planning and compliance review exercises;Coordinate and implement financial risk management strategies covering interest rate, foreign exchange and liquidity risks;Support the annual and long-term planning processes through input and advice to management on cash flow forecasts and macro-economic variables.Enforce policies and procedures related to corporate treasury processes;Manage relationships with financial institutions;Supervise staff in the treasury section.The successful candidate will have:Demonstrable track record of performance for more than two years at supervisory level in the treasury area;Excellent technical financial and accounting knowledge;Experience in setting up, implementing and monitoring strong financial control systems;Familiarity with bank interface systems and Treasury Management Systems;Good understanding of Ugandan tax legislation is added advantage;Must be procient in MS Office;Able to thrive in a fast-pace setting environment;Strong verbal and written communication skills;Strong interpersonal, supervisory and customer service skills required;Ability to multi-task, work under pressure and meet deadlines required.We are looking for a candidate who holds a good first degree in Accounting, Business Administration (Finance), Commerce, Statistics or any other associated discipline from a recognized university. A Post graduate qualification in ACCA, CIMA, CPA) will be desirable.
If you believe you fit the required profile, please send your applications in confidence to the address below by close of business Friday 18 May 2012. Please send your curriculum vitae (by post or email) containing details of your qualifications, experience, present position, current and expected remuneration as well as copies of professional/academic certificates. Include day and evening telephone numbers, e-mail address, names and addresses of three references to:
The People and Change Division
PricewaterhouseCoopers Limited, 1 Colville Street
P 0 Box 8053 Kampala, Uganda
Only shortlisted candidates will be contacted.