Job Purpose
The Commercial and Finance
Manager is responsible for the Commercial and Finance functionof the Company,
to perform financial and commercial analysis as well as reporting as needed as
per the laid down procedures.
This function reports to
the Managing Director of the Company.
Duties and Responsibilities
Oversee
operations of the Commercial function of the Company
Oversee
operations of the Financial function of the Company
Formulation
and implementation of sound financial and accounting policies and procedures in
line with International Financial Standards (IFS) and Government regulations
Coordinating budgeting and budget control procedures for the Company including timely preparation of annual and supplementary budgets for the Company/ Budget preparation/cashflow management review to ensure sustainability and giving strategic advice to Board of Directors
Preparation
and submittance of monthly, quarterly and annual reports for the department to
the Board of Directors
Develop
department budget and work plan
Manage
reporting of financial statements/performance to board
Conduct
periodic review of actual performance against budget and explain any variances;
Control
expenditure for decision making
Liaison
with both internal and external auditors during audit processes
Develop
financial controls and procedures to ensure financial discipline;
Effective
management of recurrent and capital budgets;
Preparation,
analysis interpretation and implementation of annual performance contracts and
strategic plans and issue reports on variances;
Responsible
for preparation of long-term plans, periodic forecasts, and cash flow
projections
Ensuring
effective and functional financial controls systems;
Ensuring
provision of comprehensive commercial information systems, including up to date
customer database to achieve the overall water supply revenue objectives;
Ensuring
timely, complete and accurate reading of meters and billing of services
Ensure
robust revenue collection for the Company and devise new opportunities for
revenue generation for the Company
Formulation
and implementation of strategic measures to improve water supply revenue,
collection and utilization;
Developing
internal staff capacity within the company;
Analyze
business’ financial and general operating information to identify trends and
opportunities for investment/development;
Review
investment proposals to determine their viability;
Other
duties may be assigned by the managing director.
Minimum Qualifications
For appointment to this
position, a candidate must
Be
a Kenyan Citizen
Bachelor
of Commerce degree in Finance, Accounting or its equivalent from a recognized
instituition
Possession
of a master’s degree in finance is an added advantage
Holder
of CPA K, ACCA or equivalent professional qualification from a recognized body
Member
of a relevant professional body and in good standing
At
least 8 years’ relevant work experience with at least 3 years in managerial or
supervisory position; and
Proficiency
in accounting packages including sulis MIS, pastel etc;
Have
attended training in management;
Conversant
with donor reporting requirements
Meet
the requirements of chapter six of the Constitution.
How To Apply
All applicants must comply
with Chapter 6 of the Constitution of Kenya 2010 by submitting up to date
clearance certificates from:-
Ethics
and Anticorruption Commission(EACC)
Higher
Education Loan Boards(HELB)
Credit
Reference Bureau (CRB)
Directorate
of Criminal Investigations(DCI)
Kenya
Revenue Authority (KRA)
Terms Of Employment
Contract
(Three years’ renewable based on performance).
Renumeration
An
attractive remuneration package commensurate with the responsibilities of the
job and the experience of the individual will be negotiated with the best
evaluated candidate.
Interested candidates can
hand deliver application to BUWASSCO office or via post office to undersigned.
Please submit application with detailed CV and photocopies of relevant
testimonials, copy of National identity card, stating their current position, current
and expected remuneration package, e-mail, contact and telephone number, two
(2) colored passport size photo and names and contacts of three referees in a
sealed envelope marked,
“Application for the post
“CLEARLY INDICATING THE POST APPLIED” to reach the undersigned on or before Monday, 28th January, 2024
The Chair Person.
Board of Directors,
Busia Water &
Sewerage Services Company Limited (BUWASSCO)
P.O. BOX 392 – 50400
BUSIA (K)
Mobile No: +254 796523854
EMAIL ADDRESS:
info@buwasco.co.ke
