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  • Posted: Jun 1, 2023
    Deadline: Jun 19, 2023
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    VISION Excellence in Economic and Public F­inancial Management, and Development Planning. MISSION To Provide Leadership in Economic and Public Finance Management, and development planning for shared growth through formulation, implementation and monitoring of economic, financial and development policies. Core Values The National Treasury and...
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    Director - Debt Settlement- 3 Posts

    For appointment to this grade, an officer must have:

    • served for a minimum period of fifteen (15) years, three (3) of which should have been in the grade of Deputy Director, Debt Settlement  CSG ‘6’  and above or in  comparable and relevant position in the wider public service or private sector;
    • a Bachelors degree in any of the following fields: Economics and Statistics, Economics and Mathematics, Computer Science, Information Communication Technology, Commerce (Accounting or Finance option), Business Administration (Accounting or Finance option) or any other equivalent qualification from a university recognized in Kenya;
    • a Masters degree in any of the following fields: Economics, Finance, Accounting, Project Planning & Management, Business Administration, International Relations, Computer Science, Information Communication & Technology or any other equivalent qualification from a university recognized in Kenya;
    • a certificate in any of the following fields: Public Debt Management, Monitoring and Evaluation, Project Management, Debt Management Performance Assessment, Debt Sustainability Analysis, Macro- Economic Analysis And Modeling/Reporting, Policy Formulation, Public Debt Restructuring, or any other equivalent qualification from a recognized institution;
    • demonstrated clear understanding of National Development Goals, values and principles of governance; and
    • demonstrated professional competence and managerial capabilities.

    Duties and Responsibilities

    • An officer at this level will be responsible to the Director General, Public Debt Management.  Specific duties and responsibilities include;
    • developing policies and strategies on debt recording and settlement; 
    • overseeing creation and maintenance of comprehensive, reliable and up-to-date database for all public and publicly guaranteed debts taken by both the national and county governments;
    • overseeing the development of frameworks for interfacing the debt management systems with key National Treasury and CBK financial management systems; 
    • direct production of reliable and timely debt service, forecasts for inputting into the budgetary process and debt statistics to support analysis, statutory reporting and debt data dissemination;
    • overseeing reconciliation of debt records and development of cash flow projections for debt servicing;
    • ensuring timely payments under the Consolidated Fund Service;
    • overseeing dissemination of public debt data and  ensuring safe custody of loan agreements;
    • validating public debt data; and
    • coordinating the development and implementation of strategic plans and performance management.

    Method of Application

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