Job description:
The Consultant will analyze and monitor the financial aspects of Share Purchase Agreements (SPAs) entered into in the process of tender privatizations, including:
- Analysis of the financial aspects of the SPA – in particular the implementation of the investment commitments and the 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
- Undertake other activities or to take other steps in his/her professional opinion necessary for the successful execution of the monitoring or as reasonably requested by the PA
Qualifications and skills
- A local expert with minimum 3 years of professional working experience, preferably in privatisation, ideally in Serbia and/or 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 privatisation
- Proven skills and experience in financial management and accounting
- Ability to organize, execute and document the above analyses
- Proficiency in using PC administration tools
- Fluency in written and spoken English
- Team player but able to take individual responsibility
Consultant will start activities after the Contract. Expressions of interest together with an individual CV should be sent to the Privatization Agency not later than 25 May 2005.
Privatization Agency
Human Resources Department
Terazije 23
11000 Beograd
Serbia and Montenegro
e-mail: hr@priv.yu
The will carry out preliminary selection and prepare a shortlist of the potential candidates. Only shortlisted candidates will be contacted.