Commercial and Finance Manager at Busia County Public Service Board

Found in: beBee S KE - 2 weeks ago

Nairobi, Kenya Busia County Public Service Board Full time

Pursuant to Article 235(1) (b) of the Constitution of Kenya, 2010, and Section 59(1) (b) of the County Governments Act, 2012, the County Public Service Board of Busia would like to employ interested and qualified Persons to fill the following Positions in the Office of Governor.
PURPOSE FOR THE JOB;
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.
KEY PERFORMANCE AREAS

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 PERSON SPECIFICATIONS
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.

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