Position: Finance Consultant for monitoring privatisations (Number of Executors: 2)

19. December 2003.

Support Centre

Description of services:

The consultant will analyse and monitor the financial aspects of the Share Purchase Agreements (SPAs) entered into in the process privatisations, including:
- Analysis and monitoring the implementation of investment commitments and financial aspects of the social plan,
- Analysis of the post privatisation financial performance of the company (including analyses of the company’s turnover, balance sheet, profit and loss accounts, cash flow statement, profit margins, outstanding long and short term liabilities etc) in order to monitor calculations of salary payments, bonus payments or dividend distributions,
- Monitoring the maintenance and adequacy of the financial collateral/performance bond for the investment commitment and social programme implementation and execute the collateral or call the performance bond if appropriate,
- Seeking from the privatised companies appropriate documentation or reports whenever due and deliverable under the SPA from the company or from its auditors,
- Co-ordinating activities with the legal, auditing and environmental consultants monitoring SPAs.

Qualifications and experience required:

- Minimum 3 years of professional working experience preferably in the privatisation field and ideally in Serbia, the Balkans and/or other Eastern European countries,
- University degree in accounting, finance, economics or a related academic discipline,
- In depth knowledge of the Serbian tax system, financial accounting rules and regulations,
- Proven skills and experience in financial management and accounting,
- Ability to organise, execute and document the above analyses,
- Proficiency in using MS Office tools,
- Fluency in written and spoken English,
- Ability to work as a team member.

The consultants will be based for twelve months full time in the Privatisation Agency. Full details about the project are set out in the Information Note available from the web site of the Privatisation Agency on www.priv.yu

The expression of interest together with an individual CV should be sent to the Privatisation Agency not later than 2nd January 2004:

Privatisation Agency of the Republic of Serbia
Human Resources Department
Terazije 23/6th Floor
11000 Belgrade
Serbia and Montenegro
E-mail: hr@priv.yu

The PA will carry out preliminary selection and prepare a shortlist of the potential candidates. Only shortlisted candidates will be contacted. download

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