Job Description
Pricing Analyst (2 Positions) - Job Grade 6 (Permanent And Pensionable) REF : 23 / 8 / 2023
Qualifications
1. Bachelor’s Degree in any of the following disciplines: Economics, Econometrics, an Applied Economics Discipline, Finance or Business Studies, from a recognized university or equivalent qualification from a recognized institution;
2. Proficiency in Computer applications skills; and
3. Fulfilled the requirements of Chapter Six of the Constitution.
Application Requirements
Applicants MUST upload the following documents during application:
1. A Signed application letter;
2. A detailed Curriculum Vitae indicating their current and previous employers, positions held, current and expected salary, level of education and names of at least three professional referees, two of which must be working in the current organization;
3. National Identity Card; and
4. Copies of academic and professional certificates;
Youth, female candidates, Persons with Disability (PWD) and marginalized are strongly encouraged to apply. Canvassing will lead to disqualification.
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.
Shortlisted candidates will be required to avail original and copy of a signed application letter, Curriculum Vitae; certified copies of the relevant academic and professional certificates; national identity card; birth certificate and valid clearance certificates from KRA; HELB; EACC; Credit Reference Bureau and Kenya Police as per chapter six of the Constitution during the interview.
Responsibilities
Financial Analysis
1. Implement an effective monitoring and evaluation system to facilitate in-depth analysis of instances of non-compliance;
2. Coordinate continuous financial reporting by regulated utilities as well as timely review of those financial returns;
3. Setting, review and adjustment of tariffs and tariff structures in the energy sector;
4. Monitor and enforce sector utility regulatory performance targets, especially the financial health of the licensees;
5. Monitoring and evaluation of the status of competition in the energy sector;
6. Analyze statutory trading arrangements; including electric power purchase agreements, and network service contracts;
7. Coordinate the setting, review, adjustment, and investigation on implementation of electricity tariffs and structures;
8. Enforce compliance with regulatory accounting regulations and tariff codes;
9. Analyze petroleum refining, storage and pipeline transportation contracts;
10. Compute the monthly retail price caps for regulated petroleum products;
11. Compute pass-through electricity costs including FCC, FERFA, Inflation adjustments, WARMA etc.;
12. Undertake pass through costs audits on periodic basis;
13. Participating in designated Committees;
14. Supporting the preparation of the Sections Budgets; and
15. Supporting the development of Section’s Procurement Plans
Energy Economics (Petroleum)
1. Setting, review and adjustment of tariffs and tariff structures in the energy sector;
2. Monitor and enforce sector utility regulatory performance targets, especially the performance of Oil Marketing Companies;
3. Monitoring and evaluating compliance with Legal Notice Number 196;
4. Maintains oversight on petroleum, electricity and renewable energy subsectors operations with a view to enforcing fair play and competition;
5. Monitoring and evaluation of the status of competition in the energy sector;
6. Analyze statutory trading arrangements; including electric power purchase agreements, and network service contracts;
7. Participate in the setting, review, adjustment, and investigation on implementation of electricity tariffs and structure;
8. Enforce compliance with regulatory accounting regulations and tariff codes;
9. Analyze petroleum refining, storage and pipeline transportation contracts;
10. Compute the monthly retail price caps for regulated petroleum products;
11. Compute and set price caps for selected petroleum products;
12. Develop international petroleum price projections and conduct monthly price data acquisition;
13. Participate in the computation of pass-through electricity costs including FCC, FERFA, Inflation adjustments, WARMA etc.
14. Participate in regulatory research in the sector on emerging topical issues that inform policy dispensation in the sector;
15. Participating in designated Committees;
16. Supporting the preparation of the Sections Budgets; and
17. Supporting the development of Section’s Procurement Plans.
Energy Economics (Electricity)
1. Implement an effective monitoring and evaluation system to facilitate in-depth analysis of instances of non-compliance;
2. Setting, review and adjustment of tariffs and tariff structures in the energy sector;
3. Monitor and enforce sector utility regulatory performance targets, especially the performance of licensees in the electric power sub-sector;
4. Develop and review regulatory accounting regulations and tariff codes;
5. Maintain oversight on petroleum, electricity and renewable energy subsectors operations with a view to enforcing fair play and competition;
6. Monitoring and evaluation of the status of competition in the energy sector;
7. Analyze statutory trading arrangements; including electric power purchase agreements, and network service contracts;
8. Coordinate continuous financial reporting by regulated utilities as well as timely review of those financial returns;
9. Co-ordinate the setting, review, adjustment, and investigation on implementation of electricity tariffs and structure;
10. Enforce compliance with regulatory accounting regulations and tariff codes;
11. Participate in the analysis of petroleum refining, storage and pipeline transportation contracts;
12. Monitor and evaluate financial performance of regulated utilities;
13. Participate in the computation and setting of price caps for selected petroleum products;
14. Compute pass-through electricity costs including FCC, FERFA, Inflation adjustments, WARMA;
15. Undertaking audits for pass-through electricity costs including FCC, WARMA, FERFA & Inflation adjustments;
16. Conduct studies of various utility applications and conducting rate analysis and assist with rates computation;
17. Participate in regulatory research in the sector on emerging topical issues that inform policy dispensation in the sector;
18. Participating in designated Committees;
19. Supporting the preparation of the Sections Budgets; and
20. Supporting the development of Section’s Procurement Plans.