Investment Director at Public Service Commission Kenya (PSCK)

Job Details

• served for a minimum period of three (3) years in the grade of Senior Deputy Director, Investment, Job Group ‘S’/CSG 5 or in a comparable and relevant position in the Public Service;
• a Bachelor’s Degree in any of the following fields: Economics, Economics and Statistics, Economics and Mathematics or Commerce(Accounting, Finance or Insurance Option) or any other equivalent qualification from an institution recognized in Kenya;
• a Masters degree in the following fields: Economics, Accounting , Finance, Business Administration, Mathematics, Project Planning Management, or any other equivalent qualifications from a university recognized in Kenya;
• a certificate in any of the following fields: Project Appraisal, Risk Management, Public Financial Management, Project Planning and Management, Negotiation skills, Policy Development and Formulation, Monitoring and Evaluation or Public Expenditure Analysis from a recognized institution or any other courses in the related field of work;
• attended a Strategic Leadership Development Course lasting not less than six (6) weeks from a recognized institution; and
• demonstrated understanding of the National development goals, policies and National values and principles of governance.

Responsibilities

An Officer at this level will manage the Government Investment and Public Enterprises

Function. Specific duties and responsibilities will include:

• overseeing the Government Investment and Public Enterprises Function;
• developing policies and strategies relating to the financial oversight and management of state corporations;
• overseeing the restructuring of State Corporations;
• co-coordinating Government Divesture and privatization programme;
• monitoring and supervising State Corporations;
• co-coordinating appraisals of State Corporations’ projects and other investments;
• co-coordinating review of State Corporations’ annual budget;
• co-coordinating the processing of Treasury approvals and financing agreements relating to State Corporations’ borrowing;
• Debt restructuring including write-offs, rescheduling and refinancing in respect of State Corporations;
• Receiver of Government Revenue;
• Ensuring maintenance of data base on State Corporations and other government investments;
• Liaising with public private partnership unit on project initiatives;
• co-coordinating the National Treasury representation in the boards of State Corporations and other government investments;
• reviewing reports from the alternate directors and making recommendations;
• advising on issues raised by shareholders in Annual General Meetings, Parliamentary Oversight committees or any interested party on Government Investments;
• spearheading investments in strategic green fields and other projects;
• providing leadership in the development and implementation rescue and recovery packages for Government Investments-at-Risk;
• advising on Government Investment policy;
• fiscal oversight for public corporations;
• managing Government Investments and shareholding;
• managing contingent liabilities and other fiscal risks relating to public corporations;
• co-coordinating research on public investments and enterprises management to inform policy development;
• approving departmental plans; and
• approving capacity building programmes for staff

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