თარიღები: 10 სექ - 19 სექ
მდებარეობა: თბილისი
დასაქმების ფორმა: სრული განაკვეთი
განათლება: მაგისტრი
გამოცდილება: 10 წელზე მეტი
ენები: ინგლისური რუსული
ელ. ფოსტა: konkursi@water.gov.ge
ბუღალტერია/ფინანსები:  ფინანსები(ზოგადი) ფინანსური მენეჯერი

Financial Expert

National Expert

Objective/Purpose of the Assignment:

UWSCG aims to increase operational efficiency and productivity to improve service delivery and financial sustainability. Towards this end, UWSCG will be empowered to be more autonomous, accountable, efficient, and sustainable.

A team of experts will advise, develop, prepare and assist implementation of corporate reforms and restructuring framework for 2020–2030, including assessment of various private sector participation and public-private partnership (PPP) options for UWSCG. The team will work in close collaboration with UWSCG. The assistance will be brought in scope of Time-based contract. Flexibility and high field presence (>90% of inputs) will be required from the advisory team. The advisory team will be composed of following experts (8):

  • Team Leader
  • Financial Expert
  • Modelling & Programming (Analyst) Expert
  • Economist
  • Water Supply Engineer
  • Wastewater Engineer
  • Lawyer – Expert on Regulation
  • Lawyer – Expert on FIDIC


In order to achieve this goal, the team should:

  • Review and assess the current corporate system and identify issues during the first 2 month the team is composed;
  • Prepare proposals and agree with UWSCG to address the issues, during the following 2 months;
  • Support on the implementation of the Proposal during the last 3 months of the engagement.

Expected outputs of the service provided by the advisory team will include but not limited to:

 

  • Improved data collection, processes, management and increased transparency for performance monitoring. Improved management effectiveness by establishing internal and external performance management and incentive system.

 

  • Strengthening of accounting and financial management.
  • Improved corporate governance through supervisory board, amended/new company charter, essential committees for change management, etc.
  • Planned and implemented corporate restructuring (streamlined regional offices/service centres) and realignment of key business units, with possibility of introducing private sector involvement. Including reorganization of regional set up and branches (assess, identify gaps and develop roadmap and plans for the organization, management, system, processes, and capacity at UWSCG headquarters and service centres).
  • Improved human resources management and rationalize workforce for improved productivity and/or reduced redundant staff, updated job description, performance management, recruitment, retention and capacity development of staff as well as salary and compensation review.
  • Developed and rolled out strategies, policies and programs to reduce costs and enhance revenue to improve financial viability of UWSCG and its credit worthiness, including
    • progressive cost recovery plan (5-year tariff rationalization plan)
    • extending connections or service areas;
    • building customer awareness/behavioural change on water usage and hygiene and implementing public communication strategy;
    • strengthening billing and customer services;
    • 100% metering at production and metering program/guidelines for households
    • Improving energy efficiency
    • reduced nonrevenue water (NRW) through reducing illegal connections, leakage, and other improvements
  • Developed and implemented asset management system and capital expenditure programs.
  • Developed and implemented standard operating procedures and key performance indicators (KPIs) across service centres.
  • Streamlined business processes
  • Improved IT solutions for utility management (main control centre, hydraulic modelling, SCADA, Enterprise resource planning (ERP), smart asset management systems, etc.).
  • Developed and implemented a legal and regulatory compliance framework

 

Qualification Requirements:

  • Master’s degree in accounting, finance, or a related field. Minimum of 10 years working experience including preferably 5 years’ experience in financial due diligence and PPP financial projection and analyses, with due consideration of KPIs.
  • Working experience in developing countries or in West Asia and Previous experience in Georgia and good knowledge of WSS context will be considered as an advantage.
  • Shall be fluent in English. Knowledge of Russian will be considered as an advantage.

Previous experience in PPP modelling in the water sector will be considered as an advantage.tailed Tasks and Responsibilities:

 

The financial expert will provide inputs in his field of expertise. Focus is corporate finance and on short-, mid- and long-term financial planning and respective input in investment and business planning. He/she will be supervising the financial modeller and in charge of guiding financial modelling and programming to support UWSCG decision making. He/she will then, under the supervision and in close collaboration with the Team Leader, provide further inputs such as:

  • Review existing financial management of UWSCG, including (not limited to):
    • Sources of revenue,
    • Main expenses (staffs, energy,…),
    • Customer management and invoicing,
    • Accounting system,
    • Evaluating previous and on-going grants and loans,
  • advice to UWSCG on financial management and business planning.
  • Review existing financial management and accounting procedures, in view of including such findings in future modelling.
  • Propose recommendations to improve existing financial management (including customer management).
  • Developing KPIs to monitor future O&M improvement and to be used as a basis for financial modelling.
  • Preparing financial models as per projects needs depending on UWSCG / advisory board requests and assumptions. This include close collaboration with the project team and with UWSCG. 
  • Based on elaborated models, provide support and guidance on which operations can be restructured and PPP models can be implemented – considering pros and cons. Determine sustainability and review cost-recovery and tariffs, including affordability. Prepare sensitivity analysis depending on various factors as defined with the team and UWSCG.
  • Identify organizational and skills gap in financial management and staff needs and prepare capacity development program in financial management.
  • Whenever required, propose a suitable government support for PPP, e.g., grants/subsidies, loans, equity investments (or in the form of viability gap funding), and provide rationale for such fund-flow arrangement
  • Contribute to development of management information system or equivalent in financial management.
  • Identify UWSCG’s staff nasality and provides relevant training and capacity building.

Key Deliverables of the Expert and Advisory Team:


The expert is requested to submit following report:

  • Inception Report;
  • Progress report on monthly basis;
  • Final Report.


In addition to the reports above, there are key outputs expected to be achieved by advisory team and reported to UWSCG by Advisory Group Team Leader.

The team members are expected to be involved and in the delivery of reports in time-frame listed below:

Phase 1 (September 2020 – October 2020)

Vision, Mission and Strategy Outline for UWSCG

Revenue Increase Program 

Preliminary Water Balance for major cities with a population over 20,000  

 

Asset Strategy (and outline of an Asset Management Plan)

  • Asset Portfolio, based on the asset inventory and envisaged performance targets Identification of risks and development of risk management strategies
  • Asset Performance Measures


Investment Plan

  • 3-years Investment Plan  
  • Long-Term Investment Plan (based on the Asset Strategy)


Phase 2 (November 2020 - December 2020)


3–Years Business Plan including

  • Financial Management Plan
  • Technical Management and Operational Plan
  • Asset Management Plan
  • Customer Service (Commercial) Plan

Performance Based Agreements between UWSCG HQs and Regional Offices


NRW – Reduction Program

  • Commercial Loss Reduction Program


Water Safety Plans for major cities with a population over 20,000

PSP/PPP Roadmap

  • Objectives of PSP/PPP application
  • Review of data
  • Review of legal and institutional frameworks
  • Review of PSP/PPP options
  • Market analysis
  • Financial analysis and viability, transaction costs
  • Risk analysis
  • Contractual framework
  • Definition of PSP/PPP selection criteria
  • Outline of project schedule and tender procedures


Phase 3 (January 2021 – March 2021)

Establishment of a Data Room (with focus on the PSP/PPP application)

Contract Type and Duration:

The contract type is time based and with total 154 working days input of the consultant.


to apply for this position, send your resume to konkursi@water.gov.ge including 19th of september, 2020. 

Please, mention the name of the position in the title, otherwise the application will not be considered. 

Only shortlisted candidates will be contacted. 

Good luck!


მსგავსი განცხადებები
Executive Manager with sales responsibilities

Maccaferri Georgia


26 აგვ - 24 სექ

Expert in Finance (FTP, Share trading) for Customer Support – Written English

Shaw Academy


31 აგვ - 29 სექ

Financial Reporting Manager

International Financial Company


02 სექ - 30 სექ

Intern in Fixed Asset Valuation

KPMG Georgia


14 სექ - 10 ოქტ

Modelling and Programming Analyst/Expert

საქართველოს გაერთიანებული წყალმომარაგების კომპანია


10 სექ - 19 სექ

logo

Specialist-Analyst On Attracting International Finance

Agrarian Business of Georgian Association


25 აგვ - 23 სექ

Student Support for Finance (FTP, Share trading) – Written English

Shaw Academy


15 სექ - 14 ოქტ



NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV
NoLogoAvailable
დატოვე CV