The successful candidate will report to the Managing Director and be responsible for the finance function of the company to perform financial analysis as per laid down procedures.
Responsibilities
The successful candidate will be responsible for:-
Formulate the company’s financial strategy and ensure it is properly implemented
Oversee and analyses SIBOWASCO’s operating environment and provide the senior management team with the information and analysis necessary to plan their work in accordance with the approved strategic frameworks.
Oversee all investment activities including putting in place appropriate strategies that are in line with company policy including risk management guidelines.
Ensure sound corporate governance by identifying risks and developing and implementing proper controls in order to minimize those risks.
Developing and implementing departmental strategies and work plans that facilitate achievement of Company objectives.
Continuously developing, reviewing and enforcing the financial policies, procedures and internal controls that are in line with IFRS and legal requirements
Develop systems for the effective and efficient management of financial resources.
Managing departmental staff performance, development, training and motivation for effective performance.
Ensure efficient revenue collection, disbursements, accounting and reporting
Establish the necessary systems and procedures to safeguard fixed assets including the maintenance of complete accurate and up to date fixed assets register/records
Ensure financial reports are prepared and submitted in compliance with the company requirements
Manage all finance relationships with external agencies and compliance with standards
Prepare budgets and periodic financial performance reports for presentation to the managing directors and Board for approval.
Participate in the recruitment of staff within the department, mentor and coach departmental staff, plans the work of subordinates, assigns work performance, appraises/evaluates subordinates performance
Monitor budgets against expenditure and advice corrective action where necessary.
Manage of the provision and recording of financial and accounting information for externally-funded projects and the control of all externally funded expenditure.
Provide timely and accurate financial reports
Budget preparation/ cash flow management review to ensure sustainability and giving strategic advice to board /Management
Prepare statutory, management and other reports as required by the various stakeholders
Conduct periodic review of actual performance against budget and explaining any variances
Work closely with CMT in all areas.
Perform any other duty as may be assigned by your supervisor from time to time.
Qualifications
The applicant should be in possession of the following qualifications:-
Bachelor’s Degree in Accounting, Finance or Business Administration (Accounting option) from a reputable University,
Be in possession of a professional qualification and a member of a professional body in good standing (CPA-K, ACCA or any other recognized body);
Master’s Degree in Accounting, Finance or Business Administration will be an added advantage.
At least five (5) years’ experience in the profession with minimum 3 years in managerial, supervisory position or Operations in a busy Commercial environment preferably Water service provider.
Experience of implementing ERP systems and conversant with Water Billing Systems; Sage Pastel Evolution will be an added advantage.
Proven customer management and people management experience.
Meet the requirements of Chapter Six of the Constitution on Leadership and Integrity.
