Busia Water and Sanitation Company Limited was incorporated on April 18, 2014 under the companies Act (Cap 486). Its mandate is to supply water and provide sanitation services to the residents of Busia County through a service provision agreement from the Lake Victoria North Water Services Board (LVNWSB). Water and Sanitation Services in Busia were provided by Lake Victoria North Water Services Board (LVNWSB) since 2012 through Kakamega- Busia Water Supply (KBWS). Since water and sanitation provision is a devolved function, both counties resolved to de-cluster from KBWS effective july 1, 2016 with each county forming its own water company.
DEPARTMENT: COMMERCE
REPORT TO: MANAGING DIRECTOR
SUPERVISION:
- Area Manager
- ICT officer
Purpose:
To ensure that all financial resources of the Company are acquired, disbursed, prudently invested, fully accounted for and reported efficiently and that the strategy for service delivery and revenue generation is put in place and effectively implemented. The position ensures that the company is financially sound.
Duties:
- Formulate the company’s financial strategy and ensure it is properly implemented
- Ensure sound corporate governance by identifying risks and developing and implementing proper controls in order to minimize those risks
- Spearhead formulation, implementation, maintenance and review of sound financial policies, systems and procedures to sustain the company
- Develop systems for the effective and efficient management of financial resources.
- Ensure timely and accurate accounting, reporting and analysis in order to aid management decision making
- Ensure efficient revenue collection, disbursements, accounting and reporting
- Advise the company on the financial viability of proposed investments
- Ensure financial reports are prepared and submitted in compliance with the company requirements
- Manage all finance relationships with external agencies
- Prepare budgets and periodic financial performance reports for presentation to the Board of Directors
- Organise, manage, motivate and develop staff in the finance function
- Oversee the protection of the company’s assets
- Ensure provision of timely and high-quality client services that meets or exceed their expectations
- Develop and implement systems for positive customer relations management
- Manage and supervise commercial aspects of the Company’s operations, particularly as they relate to revenue generation.
- Promote new ideas and business solutions that result in extended service to the existing and new clients
- Develop long-term business strategies and operating plans that reflect the longer-term goals and priorities.
- Ensure the provision of comprehensive commercial information systems, including up-to-date customer database, to achieve the overall Company revenue objectives.
- Ensuring timely, complete and accurate reading and billing of services and subsequent collection.
- Carrying out customer surveys and proposing improvements arising from feedback received
- Develop departmental policies and procedures and actions plans in line with overall company mission and objectives
Person Specifications
Academic Qualifications
Bachelor of Commerce/Business Administration accounting or finance
Professional Qualifications
- CPA (K)
- Knowledge of accounting packages.
Experience:
- Minimum 5 years’ experience (preferably in the water sector) with at least 3 years at senior managerial level
- Prior experience in managing a functional level in a large organisation/busy environment.
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