Summary
Date Posted: Monday, January 31, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Finance Manager

Job purpose
The Finance Manager is responsible for the Finance function of the company to Perform financial analysis and reporting as needed and as per the laid down procedures and in accordance to the Public Finance Management Act, 2012.
Reporting relationship
This position reports to the Managing Director.
Supervisees
The position supervises the Finance department/function staff

Duties and Responsibilities
The duties and responsibilities of this position are:-
1. Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
2. Track the company’s financial status and performance to identify areas for potential improvement
3. Seek out methods for minimizing financial risk to the company
4. Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
5. Present financial reports to board members, stakeholders, executives, and clients in formal meetings
6. Stay up to date with technological advances and accounting software to be used for financial purposes
7. Establish and maintain financial policies and procedures for the company
8. Advise colleagues and executive management on decisions related to the company’s finances.
9. Supervise the documentation of the company’s financial status and forecasts.
10. Mediate between the organization, employees, stakeholders, shareholders and investors on financial issues for amicable resolution of differences.
11. Create strategic business plans based on the analysis of the company’s status and financial forecasts.
12. Develop department budget and work plan
13. Prepare and submit monthly, quarterly and annual financial reports for the department and Company
14. Prepare Board management papers for approval
15. Identify procurement needs of the department
16. Prepare and review departmental policies and accounting manuals in line with international financial standards and government regulations.
17. Budget preparation/cash flow management review to ensure sustainability and giving strategic advice to board/CMT
18. Manage reporting of financial statements/performance to board/CMT
19. Participate in strategic planning and implementation.
20. Establish and ensure application of sound financial policies (e.g. financial manual for the company), systems and procedures for the company in compliance with statutory regulations.
21. Conduct periodic review of actual performance against budget and explaining any variances if any
22. Control expenditure for decision making.
23. Ensure the performance of the Finance department is effective and efficient
24. Deal with banks/ financial institutions.
25. Responsible for physical assets assigned by the company
26. Makes strategic, operational and financial decisions for the department
27. Prepare a report for each quarter of the financial year, and at the end of each financial year, prepare a financial statement in respect of the Company in a format prescribed by the Accounting Standards Board.
28. Not later than three months after the end of each financial year, prepare annual financial statements for that financial year and submit them to the County Treasury for consolidation and submission to the Auditor-General for audit and other relevant offices.
29. Identify training needs for the departmental staff and recommend appropriate development opportunities to address the needs
30. Participate in the recruitment of staff within the department, Mentor and coach departmental staff, Plans the work of subordinates, and assigns work to subordinates and Monitors subordinates work performance.
31. Appraises/evaluates subordinates performance
32. Work closely with the CMT in all areas
33. Performing related work as may be required.

Requirements for Appointment
1. Bachelor's degree in Finance, Accounting, or any other Business￾Related Field
2. CPA (K), ACCA or relevant professional qualification.
3. Member of a relevant professional body and in good standing
4. 7 years' experience with a minimum of 3 years in a managerial or supervisory position
5. Experience in financial reporting is an asset
6. Interpersonal communication skills is
7. Demonstrable experience in the development of donor funding proposals
8. Ability to work beyond the call of duty
9. In-depth knowledge of financial reporting standards , tax regulations and industry legislation
10. Excellent ability to problem solve along solid analytical skills, understanding of business process, and systems optimization
11. Must be computer literate.

Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

Job application procedure
Those that are submitting their applications in hard copies must do so in a sealed envelope clearly written the title of the position and code to left top side of the envelope the code and position they are applying for.
Those that are submitting their applications in soft copy to the email address, should write the title of the position and code on the area of subject of the email.
Applications may also be hand delivered at Gusii Water and Sanitation Company head offices situated at Kisii – Keroka Highway, Bobaracho Market. Applicants are notified that:
Shortlisted candidates shall be required to produce original copy of National ID/Passport, academic and professional certificates during the interview
Only the shortlisted candidates will be contacted
Canvassing in any form will lead to automatic disqualification
Applications should be submitted to:
Company Secretary
Gusii Water and Sanitation Company Ltd
P O Box 3880-40300
KISII
Email: info@gwasco.co.ke 

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