Director - Investment & Public Enterprise at The National Treasury and Economic Planning

Duties and Responsibilities
The officer at this level will be responsible to the Director General, Public Investment and Portfolio Management. Specific duties and responsibilities include:

• Overseeing the management of Government Investment and Public Enterprises function;
• Developing policies and strategies relating to the financial oversight and management of State Corporations and Semi-Autonomous Government Agencies (SAGAs);
• Overseeing the restructuring of State Corporations;
• Coordinating government divesture and privatization programme;
• Coordinating the appraisal of state corporation projects and other investments;
• Coordinating review of state corporations annual budgets;
• Monitoring and oversight for Fiscal and Financial Exposures of  State Corporations on aspects related to budget planning and execution, borrowings, and reporting;
• 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;
• Ensuring maintenance of data on state corporations and other Government investments;
• Advising on issues raised by shareholders in Annual General Meetings, Parliamentary Oversight Committees or any interested party on Government investments;
• Managing government investment and shareholding;
• Managing contingent liabilities and other fiscal risks relating to public corporations and SAGAs; and
• Coordinating research on public investment and enterprises management to inform policy development.

For appointment to this grade, a candidate must have:

• Served for a minimum period  of  fifteen (15) years, three (3) of which should have been at the grade of Senior Deputy  Director, Investment, CSG 5  or in a comparable and relevant position in the Public service or Private Sector;
• A Bachelors degree in any of the following disciplines: Economics, Economics and Statistics, Economics and Mathematics, Commerce (Accounting, Finance or Insurance option) or equivalent qualifications from a university recognized in Kenya;
• A Masters degree in any of the following disciplines: Economics, Accounting, Finance,  Business Administration, Mathematics, Project Planning Management or equivalent qualifications from a university recognized in Kenya;
• Certificate in any of the following fields: Public Financial Management, Policy Development and Formulation, Public Expenditure Review/Analysis from a recognized institution or any other courses in a related financial management and oversight; and
• Demonstrated understanding of public finance management and the legal and institutional framework governing the State Corporations and SAGAs.