Job Details Participation in the CEO competitive selection of especially important enterprise for the economy of the

country

Title:

CEO for State-owned Company «Ukrenergo»

Management Body: Ministry of energy and coal industry of Ukraine

# Section Description

1. ABOUT THE

COMPANY

SE “NPC “Ukrenergo” is a state-owned enterprise represented by the Ministry

of energy and coal industry of Ukraine. The company has approximately 14

thousand employees, company reported UAH 3,5bn of revenue for 9m2015.

Company demonstrates positive EBITDA for 9m2015 of UAH 2,4bn. It’s

headquarters is located in Kyiv.

The company is responsible for operating the domestic high voltage

transmission system and cross-border transmission lines and providing

power dispatching services. It controls real-time electricity output and

monitors power generators’ operational generating units, fuel stocks and

production efficiency, balancing electricity consumption with production. Due

to its status as natural monopoly, tariffs for the company are set by the

sector regulator, which uses a cost-plus approach to set tariffs based on its

OPEX and CAPEX needs.

Ukrenergo combines seven regional networks and operates 23,000 km of

transmission lines operating at 220-750 kV voltage levels. The company

regularly conducts cross-border capacity auctions and sells rights to export

electricity from Ukraine to neighbouring countries.

In 9m2015 revenue has improved by 51% compared with the same period of

the prior year. EBITDA has improved twice and ultimately demonstrated

66,6% EBITDA return.

More information about the company is available at:

http://www.centrenergo.com/ (in the Ukrainian language) or

http://www.centrenergo.com/en/ (in English).

2. PURPOSE OF THE

ROLE

The Director manages the economic activity of state enterprise (responsible

for strategic, operational and financial management to generate profit and

increase capitalization of the company).

3. RESPONSIBILITIES

Overall management of the company to ensure achievement of

agreed objectives of the organisation. Representing the company in

front of external stakeholders: shareholders, different regulatory and

state authorities, investment and financial community, clients and

suppliers, trade unions, business and professional associations, media

and press, etc.;

Preparation of long-, medium-, and short-term plans of the company.

Development and management of the execution strategy;

Effective financial management of the company to ensure its targets

are being achieved. Establishing accounting and financial

management systems resulting in transparent financial reporting,

effective risk management processes, managing debt portfolio, cash

management, liaising with external financial institutions to ensure

adequate liquidity, etc;

Proactive cooperation with state regulator authority to ensure

adequate cost-plus tariff levels resulting in sufficient company

revenues,

Transformation of the organisation into a modern company with

effective business processes (business process reengineering and

optimisation), optimal organisation structure and headcount, effective

policies and procedures, etc.;

Constant revision of the technical capabilities of the organisation,

development, modernisation, upgrade and maintenance of production

facilities,

Synchronization with the EU electricity market. Coordination of

energy balance with neighbouring countries,

Leading a team of highly experienced professionals at a senior level,

as well as developing modern Human Resources and Talent

Management approaches throughout the organisation as a whole,

CEO is in charge for the results of the following projects:

Implementation of internal and external UES business plans on

main directions of operation;

Adjustment of international contracts on supply of electricity to

power systems of other countries;

Conducting contracts on access to interstate power networks

of Ukraine for export, import and/or transit electricity;

Draft and sign loan and project agreements with international

financial organizations, foreign financial institutions and

agreements with executive bodies as part of realization of the

international investment projects.

4. KEY TASKS

Revenues of the company are highly dependent from the industry

regulator authority. Therefore proactive negotiations with the

authority to determine economically viable and feasible tariffs is a

key priority to improve the financial performance of the company;

Harmonization and, over time, synchronization with the EU

electricity market would ensure more secure operation of the

Ukrainian energy system and remove existing limitations on

electricity exports and imports;

Working out modernisation plans for the production facilities. The

company should also construct additional transmission lines to the

Zaporizhya, Rivne and Khmelnytskiy nuclear power plants.

5. GENERAL SELECTION CRITERIA

5.1 Education Higher education. MBA will be a plus

5.2 Languages

5.3 Core qualifications

Candidates must demonstrate executive experience in majority of core

qualifications within five categories described below:

1. Leading Change:

Creativity and Innovation

External Awareness

Flexibility

Resilience

Strategic Thinking

Vision

4. Leading People:

Conflict Management

Developing Others

Team Building

2. Results Driven:

Customer Service Decisiveness

Entrepreneurship

Problem Solving

Technical Credibility

5. Business Acumen:

Financial Management

Human Capital Management

Technology Management Partnering

3. Communication:

Negotiating

Interpersonal Skills

Oral/Written Communication

Networking

6. PROFESSIONAL EXPERIENCE

6.1 Professional

requirements

At least 5 years’ experience in a senior or executive role in a relevant

industry in Ukraine or abroad;

General understanding of the principles of the energy market is

required, while understanding and/or experience working with the

energy market of the EU would be a substantial advantage;

Experience in financial optimisation and business process re-

engineering is required. Knowledge of the industry legislation would

be an advantage;

Experience with complex high level negotiations with state

authorities, representatives from the private sector is required;

experience in negotiations with regulatory authorities of the EU would

be an advantage;

Experience working with credit and finance institutions, external

investors (eg. EBRD, World Bank, etc.) would be an advantage;

7.

ADDITIONAL

ELIGIBILITY

QUALIFICATIONS