Monday 1 February 2021

Finance Manager at Gusii Water and Sanitation Company Limited (GWASCO)

Gusii Water and Sanitation Company Limited (GWASCO) is a Private Limited Company by shares incorporated on the 12th June, 2006 under the Companies Act Cap 486 of the Laws of Kenya. We are an agent of Lake Victoria South Water Works Development Agency(LVSWWDA), created as a result of the enactment of the Water Act 2002 which gave birth to the Water Sector Reforms in Kenya.

Gusii Water and sewarage Company is a cluster system that operates eight water supplies within its jurisdiction with a total design capacity of 18000 cubic meters a day. The population within the service area is about 521,477 of which 250,483 people are served.

GRADE 2, (REF: GWASCO/HR/FM/01/2021/15)

Reports to    The Managing Director

Job purpose

The Finance Manager is responsible for the finance function of the company to perform financial analysis and as per laid down procedures.

Duties and responsibilities

The duties and responsibilities entail:

  • Oversee performance management in the Finance Department
  • Develop department budget and work plan
  • Prepare board management papers for approval
  • Identify procurement needs of the department
  • Prepare and review departmental policies and accounting manuals in line with international financial standards and government regulations
  • Budget preparation/ cash flow management review to ensure sustainability and giving strategic advice to board /CMT.
  • Manage reporting of financial statements/performance to board/CMT
  • Participate in strategic planning and implementation
  • Establish and ensure application of sound financial policies e.g., financial manual for the company), systems and procedures for the company in compliance with statutory regulations.
  • Conduct periodic review of actual performance against budget and explaining any variances
  • Control expenditure for decision making
  • Deal with banks /financial institutions.
  • Responsible for physical assets assigned by the company
  • Makes strategic, operational and financial decisions for the department
  • Identify training needs for the departmental staff.
  • Participate in the recruitment of staff within the department, mentor and coach departmental staff, plans the work of subordinates, assigns work performance, appraises/evaluates subordinate’s performance
  • Work closely with the CMT in all areas
  • Performing related work as may be required.

Job specification: requirements for Appointment (academic/professional qualification/experience)

  • Bachelors degree in Finance, Accounting or any other Business-Related field
  • CPA (K), ACCA or relevant professional qualification
  • Member of a relevant professional body and in good standing
  • At least 7 years experience with a minimum of 3 years in a managerial or supervisory position
  • Meets the requirements of chapter six of the Constitution of Kenya 2010.

Terms of Service

Three Years Contract

Direct reports

Accountants

An attractive remuneration package commensurate with responsibility of the job and the experience of the individual will be negotiated with the successful candidate

Candidates will be required to satisfy the requirements of Chapter Six of the Constitution of Kenya 2010 including:

  • Certificate of Good Conduct from the Directorate of Criminal Investigations;
  • Clearance Certificate from the Higher Education Loans Board;
  • Tax Compliance Certificate from the Kenya Revenue Authority;
  • Clearance from the Ethics and Anti-Corruption Commission; and
  • Report from an Approved Credit Reference Bureau.

The post Finance Manager at Gusii Water and Sanitation Company Limited (GWASCO) appeared first on Jobs in Kenya - http://jobwebkenya.com/.



The post Finance Manager at Gusii Water and Sanitation Company Limited (GWASCO) is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/