BACKGROUND TO POWER TRADING IN THE SAPP
In 2001, the Southern African Power Pool (SAPP) started the short-term energy market (STEM) as a precursor to a full competitive electricity market the SAPP was going to develop. In 2007, the operation of STEM came to an end due to limited power supply on the market and also there was no reserved transmission capacity for it.
In 2006, the SAPP received a grant from the government of Norway and Sida to develop a full competitive electricity market in the form of a day-ahead market (DAM). The market was completed in 2007 but implementation and making the market go live was delayed due to the transmission pricing project which should have provided nodal pricing for transmission wheeling and losses. The period from 2007 to 2009 was therefore used to test the operations of the DAM and to make improvements where applicable. The DAM went live in December of 2009 with few participants in the market.
In 2008, the Markets Development Working Group (MDWG) which used to operate under the SAPP Operating Sub-Committee (OSC) was made into a fully-fledged Markets Sub-Committee (MSC) with a mandate to report directly to the SAPP Management Committee (MANCO). The MSC is under the leadership of a chairperson elected by SAPP Member Utilities of the MSC on a yearly basis. The MSC chairperson can only chair for a consecutive period of two years.
In order to support the activities of the MSC, the SAPP created a department within the SAPP, called the Market Operations and Developments Department (MODD), to be headed by a Chief Market Analyst (CMA) and under him/her to be supported by the Energy Trading Officer and the Energy Market Analyst (EMA).
POWER MARKET ANALYST
2. DUTIES OF THE POWER MARKET ANALYST
The recruitment of the Electricity Market Analyst has become necessary because of the following:
i. The markets being run by the Market Operator, currently the SAPP-CC, have increased to include, but not limited to the following:
a. Day-ahead market (DAM),
b. Intra-day ahead market (IDM), and
c. Forward monthly and weekly markets
ii. A comprehensive analysis would be required for the said markets, and
iii. The coming of the Electricity Market Analyst will help to reduce errors in financial reconciliation and will enable her/him and the Electricity Trading Officer to able to take leave where applicable.
The duties of the Electricity Market Analyst have been proposed as follows:
i. Prepare reports on the performance of the power markets
ii. Working together with the CMA, advise on the structure of the Regional Energy Market
iii. Organize market participants into structure of the Regional Energy Market
iv. Reconcile physical energy flows with scheduled energy
v. Compile statistics for the SAPP markets
vi. Assist in the running of the SAPP markets
vii. Administer the statistics of the day-to-day operation of the SAPP Market, and
viii. Other duties, as assigned
3. QUALIFICATIONS AND EXPERIENCE
The Electricity Market Specialist minimum educational and professional qualifications shall include:
A degree in accounting, economics or finance, or a BSC in electrical/statics or a related subject;
The Electricity Market Analyst will have at least than 4 years’ experience in the energy or other infrastructure sectors
Must be computer literate with adequate skills in MS excel and power point applications;
Accounts Officer
The recruitment of the Accounts Officer has become necessary because of the following:
i. The Auditors have for several years now recommended the recruitment of an Accounts Officer to help the Finance and Administration Officer.
ii. The SAPP-CC is now operating several accounts including the following:
a. SAPP-CC Administration accounts,
b. SAPP-CC DAM accounts and other related market accounts, and
c. Donor accounts (AfDB, World Bank, Norway & Sida, and EU)
iii. The required Accounts Officer will concentrate more on the donor accounts and the Project Advisory Unit (PAU) accounts based in South Africa.
iv. The incoming of the Accounts Officer will help to reduce financial errors and will enable her/him and the Finance and Administration Officer to be able to take leave where applicable.
The duties of the Accounts Officer have been proposed as follows:
Update and maintain the asset register as well as assign asset numbers to assets
Processing staff loan applications and repayments
Processing payments for the PAU offices requirements including salaries
Maintaining the leave record for the PAU staff
Administer the accounting for leave days, sick leave, etc.
Administer payment to service providers inside and outside Zimbabwe
Administer petty cash when the office secretary is off duty
File payment vouchers and documents for the Coordination Center
Issue out travel advances and checking the travel claims for the coordination center staff
Make bookings for hotels, flights etc. for staff, member visitors, consultants and donors when the office secretary is off duty
Assist with the administer of the SAPP-CC accounts
Administer the SAPP-CC DAM accounts and other related market accounts
Administer Donor accounts such as AfDB, World Bank, Norway & Sida, and EU, etc., and
Other duties as assigned
3. QUALIFICATIONS AND EXPERIENCE
The Accounts Officer minimum educational and professional qualifications shall include:
A degree in accounting/finance, Business Administration or a related subject or a professional qualification such as ACCA or equivalent internationally acceptable in Accounting/Financial Management.
The Accounts Officer will have at least 5 years’ experience in accounting
Knowledge of International Financial Reporting Standards (IFRS) and International Public Sector Accounting (IPSAS) highly desirable
Proven track record in working effectively within multi-disciplinary teams.
Must be computer literate with adequate skills in MS Excel and PowerPoint applications.
4. PERIOD OF THE ASSIGNMENT
The duration of the assignment is for an initial period of 24 months. Subject to the candidate’s satisfactory performance of the assignment, the Contract may be extended for a further period of 3-years.
Interested candidates should submit their applications and curriculum vitae by 29 April 2016 to;
The Coordination Centre Manager
Southern African Power Pool
24 Golden Stairs Road
P. O. Box EH52
Emerald Hill
Harare
Zimbabwe
Tel: +263 4 335517/48/58
Email: info@sapp.co.zw
Website: www.sapp.co.zw
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