Jul 17, Water Sector Trust Fund Senior Financial Specialists Jobs in Kenya

jul-17,-water-sector-trust-fund-senior-financial-specialists-jobs-in-kenya

Water Sector Trust Fund Senior Financial Specialists Jobs in Kenya

Purpose

  • The Job holder isresponsible in supporting at least 7 WSPs to optimise their financial

    operations in line with their business objectives and mandate. The Officer will work

    closely with WSPs management to perform financial analysis, developing financial

    models, assess financial risk and preparing financial forecasts and strategies.

  • In addition, the Officer will assist WSPs establish and improve their institutional

    structural unit, capabilities, impact and effectiveness by conducting

    comprehensive assessments of existing institutional structures, policies and

    procedures to identify areas for improvement and development. In execution

    of its duties, the Officer will engage with stakeholders to understand

    organisational objectives, challenges, and opportunities, and subsequently

    formulating tailored strategies and action plans to address identified gaps.

    Reporting

  • The Senior Finance Specialist, CVF Programme will report to the CVF Programme

    Coordinator and work closely with the Managing Director of the various WSPs in

    addition to the Counties leadership.
  • In addition, the Officer is expected to work closely with the Senior WASH Officer

    while taking lead during the execution of the CVF Programme activities.

    Job Description

  • Conduct a comprehensive analysis of financial cash flows including

    revenue streams, operating expenses, capital expenditures debt

    management. Identify areas for optimisation i.e. Non-Revenue Water

    management to improve overall financial performance.
  • Conduct WSPs organisational assessments.
  • Evaluate the current business model to assess strengths, weaknesses,

    opportunities, and threats. Recommend strategies for enhancing the

    business model to drive efficiency and effectiveness.
  • Assess process efficiencies related to water delivery especially on

    software’s and technologies involved and billing processes for

    improvement of revenue streams.
  • Conduct a comparative analysis of tariff structures in similar water utilities.

    Provide recommendations for adjusting tariff structures to ensure

    competitiveness and fairness while maximising revenue and maintaining

    affordability for customers.
  • Develop a detailed implementation plan for recommended strategies.

    Outline timelines and resource requirements for executing the proposed

    initiatives.
  • Carry out financial analysis and determine optimal financial cash flows of

    the water utility, including revenue streams, operating expenses, and

    capital expenditures.
  • Formulate viable Business models and identify strengths, weaknesses,

    opportunities, and threats to recommend strategies for improvement.
  • Carry out system evaluation and process efficiencies related to water

    delivery to customers, billing processes, and tariff structures to identify

    areas for enhancement.
  • Analyse tariff structures in similar water utilities to ensure competitiveness

    and provide recommendations for enhancing revenue generation while

    maintaining customer affordability.
  • Develop an implementation plan for recommended strategies, including

    timelines and resource requirements.
  • Provide capacity building, mentorship and coaching to the WSPs on

    financial matters and institutional development.
  • Support the WSPs to develop strategies to address identified gaps and

    challenges aimed at supporting the improvement of the WSPs

    performance, strategic focus, organisation culture, systems or structures.
  • Support WSPs in identifying partnerships both public and private that can

    work together to facilitate the realisation their goals and objectives.
  • Support the assessment of effectiveness of interventions, refining

    approaches based on feedback and emerging needs, and advocating

    for necessary institutional reforms with the WSPs to support long-term

    growth and resilience.

    Qualifications

  • A Masters Degree in Finance, Organisational Development or related field.
  • Bachelor’s degree in Economics, Finance, Statistics, or relevant field.
  • Must be a Certified Public Accountant (CPAK) or Certified Financial Analyst

    (CFA) or Certified Chartered Accountant (ACCA).
  • Valid practicing certificate with EBK.
  • Minimum of 8 years’ experience in the financial field, 4 of which must be

    relevant experience in financial and institutional development at a senior

    role.
  • Demonstrate track record on business management with success in

    enhancing profitability (O&M cost coverage), operations efficiency and

    human resource management for a commercial entity.
  • Relevant experience in the water sector and water utility operations.
  • Professional experience in developing comprehensive institutional capacity

    building plans and strategies.
  • Previous working experience in investment appraisal, project finance and

    corporate finance with understanding of financial cash-flow modelling.
  • Good computer skills in word processing, spread sheets and data modelling.
  • Good communication skills with demonstrated skills for reporting, knowledge

    transfer and advocacy.

    How to Apply

    For more information and job application details, see; Water Sector Trust Fund Senior Financial Specialists Jobs in Kenya

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