Commercial and Finance Manager Job in Kenya

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

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