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Monday, July 5, 2010

Uganda Energy Credit Capitalisation Company C/O Ministry of Energy and Mineral Development Manager Transaction Execution Job Re- Advertisement

The Uganda Energy Credit Capitalisation Company Limited (UECCC) is a Company incorporated by the Government of Uganda for the purposes of managing and administering the Uganda Energy Capitalisation Trust (the Trust).

The Trust's main function is to improve access to long-term commercial debt finance for private developers investing in renewable energy generation and distribution in Uganda.

The UECCC is responsible for overseeing the management of the Trust.

It provides credit enhancement support instruments to financial institutions and project sponsors engaged in rural electrification and/ or renewable energy projects in Uganda.

The Trust financiers include Government of Uganda as well as multi-lateral and bilateral development partners.

The UECCC invites applications from suitably qualified candidates to fill the vacant position of Manager, Transaction Execution.

Main Task:

The Manager, Transaction Execution will be in charge of developing and structuring credit support transactions to financial institutions and project sponsors engaged in rural electrification and or /renewable energy projects.

The Manager will undertake detailed project analysis and deal negotiation.

The appointed manager will also be responsible for project management of transactions from origination, through to execution and provision of credit enhancement support instruments as required.

Duties and Responsibilities:
  • Structuring of the credit support transactions between UECCC and participating financial institutions and project developers/sponsors;
  • Performing due diligence, including sensitivity analysis, risk analysis and other transaction structuring -related services for projects to be supported by UECCC;
  • Analyse the business plans of Project Developers, with a view to providing focus to the development of the projects
  • Take a proactive approach to developing a project pipeline
  • Provide financial institutions and project sponsors engaged in rural electrification/renewable energy projects with a single point of contact; focused on building a strategic relationship with UECCC that address their needs,
  • Ongoing collaboration and liaison with key stakeholders during the entire project development cycle of the rural electrification and or /renewable energy investment projects.
  • Performing any other duty as may be assigned by the General Manager.
Required Qualifications:
  • A Masters degree in either Mechanical or Electrical Engineering, Business Administration, Finance
  • A good (Honours) degree in either Mechanical or Electrical Engineering, Economics, Commerce.
Experience, Skills and Competencies
  • A good understanding of the market for private investments in the energy sector;
  • At least 5 years experience in Project finance;
  • Knowledge of energy infrastructure financing , and a demonstrable transaction completion track record involving multiple stakeholders, are added advantages;
  • Motivation, initiative and project management skills;
  • Good written as well as oral communication skills;
  • Well-developed interpersonal and public relations skills.
Terms and Conditions of Service:
  • Four (4) years contract with six months probation, renewable upon satisfactory service with an attractive remuneration package.
Submission of Applications:

Interested applicants, who meet the above requirements, should submit their applications together with the following:
  1. Detailed Curriculum Vitae (CV)
  2. Names and addresses of three referees
  3. Copies of relevant certificates and testimonials
The applications should be addressed and delivered to the following address, to be received by 19th July 2010,17.00 hrs.

The General Manager
Uganda Energy Credit Capitalisation Company
C/o Ministry of Energy and Mineral Development
Amber House,
3rd Floor, Block C, Room C 303
P. O. Box 7270,
Kampala

Email: psmemd@energy.go.ug
Tel: +256 41 4234733

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