Finance Manager at Nyahururu Water and Sanitation Company Limited

The successful candidate will be responsible for providing leadership and strategic direction for the development of a sound Financial Framework for the Organization, implementation of the Board Financial Policy and management of overall company assets. In addition, he/she will be accountable for financial operations - billing, revenue collection and management, disbursements, accounting and financial reporting as well as providing advice and direction on the same.

JOB DESCRIPTION

• Ensure compliance with approved budgets and timely reporting of the department’s performance as well as cash flow management
• Develop and ensure cost reduction measures are implemented, monitored and adhered to avoid was wastage and achieve value for money.
• Prepare financial statements as stipulated in the Public Finance Management Act 2015 and in accordance with International Financial Standards.
• Ensure timely presentation of the above statement to the office of Auditor General.
• Ensure timely presentation of the above statements to the office of Auditor.
• Timely preparations of monthly, quarterly financial statements and forward them to the
• Managing Director for onward forwarding to the office of the CECM Finance, and CECM Water Environment and Natural Resource after presentation and approval by the Board.
• Lead the development of a sound budgeting and budgetary control framework for the company.
• Ensure achievement of the overall financial goals of the Company
• Lead the development of policies and systems to support efficient functions framework
• Lead the development of procedures and processes to assure efficient service delivery and quality of services
• Initiate, develop and maintain sound and mutual relationships and network with relevant stakeholders.
• Provide sound leadership and supervision to staff in the department while ensuring proper books of account are maintained and comply with the accepted international standards.
• Monitor the company’s budgetary performance highlighting key variances for management action
• Lead the revenue growth diversification of the company and monitor the company’s performance including revenue growth patterns and productivity
• Accurate and timely generation of Financial Reports and preparation of special reports as required by management, stakeholders and regulatory authorities
• Ensure the company’s compliance in relation to tax and other statutory regulations
• Approve all bill adjustments and act as the signatory to all bank accounts
• Management of financial risk and the revenue collection process
• Perform any other related duties as delegated by Managing Director.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or any other related field.
• Professional accounting qualification such as CPA, ACCA, or equivalent.
• Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) and be of good standing.
• At least five (5) years of progressive accounting experience with three (3) years in supervisory role.
• Strong knowledge of International Financial Reporting Standards (IFRS), taxation, and financial management practices.
• Proficiency in ERP/accounting systems, QuickBooks and Microsoft Excel.
• Strong analytical, leadership, communication, and problem-solving skills.