Finance Manager
Posted:
The company was established in 2002 as one of the newly created institutions in … View more
Director of Finance
Job Description
The successful candidate will provide leadership and strategic direction for the development of a sound financial framework for the organization. He/she will implement the Board Financial Policy, manage overall company assets, and be accountable for all financial operations including billing, revenue collection and management, disbursements, accounting, and financial reporting. He/she will also advise on these areas.
Key Responsibilities
- Ensure compliance with approved budgets and timely reporting of the department’s performance, as well as cash flow management.
- Develop and ensure cost reduction measures are implemented, monitored, and adhered to in order to avoid wastage and achieve value for money.
- Prepare financial statements as stipulated in the Public Finance Management Act 2015 and in accordance with International Financial Reporting Standards (IFRS).
- Ensure timely presentation of financial statements to the Office of the Auditor General.
- Prepare monthly and quarterly financial statements on time and forward them to the Managing Director for onward submission to the Office of the CECM Finance and the CECM Water, Environment, and Natural Resources after Board approval.
- Lead the development of a sound budgeting and budgetary control framework for the company.
- Ensure achievement of the overall financial goals of the company.
- Lead the development of policies and systems to support efficient functional frameworks.
- Lead the development of procedures and processes to assure efficient service delivery and high quality of services.
- Initiate, develop, and maintain sound mutual relationships with relevant stakeholders.
- Provide sound leadership and supervision to department staff while ensuring proper books of accounts are maintained and comply with accepted international standards.
- Monitor the company’s budgetary performance, highlighting key variances for management action.
- Lead revenue growth diversification and monitor the company’s performance, including revenue growth patterns and productivity.
- Ensure accurate and timely generation of financial reports and prepare special reports as required by management, stakeholders, and regulatory authorities.
- Ensure the company’s compliance with tax and other statutory regulations.
- Approve all bill adjustments and act as a signatory to all bank accounts.
- Manage financial risk and the revenue collection process.
- Perform any other related duties as delegated by the Managing Director.
Qualifications
- Bachelor’s degree in Accounting, Finance, Economics, or any other related field.
- Professional accounting qualification such as CPA, ACCA, or equivalent.
- Membership in the Institute of Certified Public Accountants of Kenya (ICPAK) and in good standing.
- At least five (5) years of progressive accounting experience, with three (3) years in a supervisory role.
- Strong knowledge of International Financial Reporting Standards (IFRS), taxation, and financial management practices.
- Proficiency in ERP/accounting systems, QuickBooks, and Microsoft Excel.
- Strong analytical, leadership, communication, and problem-solving skills.
Application Details
Interested candidates should forward their hard copy applications together with updated CVs, academic and professional certificates, indicating email, daytime telephone contact, and other testimonials. Applications must be in a sealed envelope clearly marked with the position applied for and the job reference number at the top of the envelope.
Address:
The Managing Director
Nyahururu Water and Sanitation Company Limited
P.O. Box 952-20300
NYAHURURU
Applicants are encouraged to apply via post office, courier, or hand delivery, and also send a soft copy to [email protected].
Closing Date: Thursday, 23rd July 2026 at 5:00 p.m.
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