General Manager, Finance at Kenya Airports Authority

Ref: F/GM/SEPT2021

Overall Job Purpose

The General Manager, Finance is responsible for ensuring efficient management of all financial resources of the Authority through sound strategy/policy formulation and implementation.

Key Duties and Responsibilities

The General Manager, Finance will:

1. Be the Head of Finance Department and a member of senior management;
2. Provide leadership in the development and review of the Authority’s medium and long term strategies;
3. Custodian of financial policies and processes and standard operating procedure manuals;
4. Identify remedial actions to address shortfalls in financial performance in liaison with departmental heads by identifying revenue enhancement and cost efficiency opportunities;
5. Oversee the investment appraisal of projects and alternative investment plans;
6. Develop strategic partnerships with financial partners to support business growth;
7. Formulate, implement and maintain accounting and administrative policies and procedures and ensures compliance thereto;
8. Develop and maintain financial accounting systems for revenues, expenses, cash management, creditors, debtors, fixed assets, petty cash;
9. Establish guidelines for budget preparation and prepare annual budget in consultation with other departments;
10. Oversee the management of cash flows and preparation of cash flow forecasts;
11. Execute reporting and review processes and ensures preparation of monthly and quarterly financial statements and annual accounts in line with International Financial Reporting Standards (IFRS);
12. Identify and implement efficient cost control strategies;
13. Formulate and implement sound investment policies;
14. Ensure timely updating of Finance Division’s Risk Register;
15. Facilitate external (statutory) and internal audits;
16. Ensure performance measures are designed to evaluate performance against the strategic plan;
17. Ensure effective teamwork during implementation of the Authority’s strategic plan;
18. Ensure adherence to policies, procedures regulatory and statutory guidelines;
19. Oversee the implementation of recommendations of audit (external and internal), risk and compliance and other investigations;
20. Set performance expectations and conduct performance management evaluations in a timely manner to ensure superior levels of performance are maintained;
21. Develop and maintain timely and accurate monthly, quarterly and annual financial statements;
22. Prepare Board papers as per Board work plan and calendar;
23. Build a highly effective team, by leading, managing and motivating staff and by directing and coaching them where appropriate, so that they achieve excellence in delivery;
24. Manage the skills development for staff to ensure that training needs are properly identified and appropriate training is arranged; and
25. Develop and Implement Quality Management Systems, QMS.

Key Qualifications and Experience

1. Have a Bachelor Degree in Finance or Accounting from a recognized institution; of higher learning. A Master’s Degree in Finance, Accounting, Projects Planning and Management or a related field is an added advantage;
2. Have a Minimum of twelve (12) years practical and relevant working experience four (4) of which will be in a senior management/ leadership position;
3. Must have Professional qualifications in Finance or Accounting e.g. CPA, K, ACCA or equivalent
4. Must be a Member of ICPAK
5. Have Good communication and interpersonal skills.

Skills and Competences

• A strategic leader and conceptual thinker with exceptional analytical skills;
• Considerable knowledge of principles, methods and practices of governmental accounting and budgeting;
• Effective communication with good interpersonal skills;
• A team player; and
• Ability to meet strict deadlines.

In fulfilment of Chapter Six of the Constitution of Kenya 2010, applicants shall also be required to attach copies of:

1. Certificate of Tax Clearance from Kenya Revenue Authority (KRA)
2. Valid Certificate of Clearance from the Directorate of Criminal Investigations
3. Clearance from the Ethics & Anti-Corruption Commission (EACC)
4. Clearance Certificate from Higher Education Loans Board (HELB)
5. A report from an approved Credit Reference Bureau (CRB)

Package Details

A three (3) year contract of employment with an attractive and competitive package as per the Salaries & Remuneration Commission (SRC) Guidelines will be offered to the appointed candidate.