About GDC

Geothermal Development Company (GDC) is a wholly-owned state corporation in the Republic of Kenya. Established in 2008 following the unbundling of the energy sector, GDC operates within the generation sub-sector with the mandate to fast-track the development of geothermal resources in Kenya.

Position Overview

Grade: GDC 4

Reference Number: GDC/HRM/TI/TA/AMTI/MGRM/01/2026

Job Purpose

The Assistant Manager – Treasury & Investment will support the treasury department in cash flow forecasting, optimizing surplus funds investments, managing commercial bank relationships, and performing administrative functions over GDC’s loan portfolio.

Key Responsibilities

• Prepare and reconcile daily, weekly, and monthly cash flow statements and corporate liquidity reports.
• Perform financial valuations on short-term and long-term investment options for surplus funds.
• Administer loan documentation, track repayment schedules, and monitor compliance with loan covenants.
• Execute foreign exchange and currency hedging transactions under guidance.
• Monitor commercial banking fees, interest rates, and counterparty risks.
• Support the generation of treasury reports for internal management and the PFM regulatory audits.

Requirements & Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Banking.
• Completed CPA, ACCA, or CFA Level II.
• Minimum of 5–8 years of experience in corporate finance, treasury operations, or commercial banking, with 2 years in a supervisory capacity.
• Solid command of treasury instruments, cash management systems, and financial market indices.
• Excellent mathematical skills, attention to detail, and problem-solving capability.

• Prepare and reconcile daily, weekly, and monthly cash flow statements and corporate liquidity reports.
• Perform financial valuations on short-term and long-term investment options for surplus funds.
• Administer loan documentation, track repayment schedules, and monitor compliance with loan covenants.
• Execute foreign exchange and currency hedging transactions under guidance.
• Monitor commercial banking fees, interest rates, and counterparty risks.
• Support the generation of treasury reports for internal management and the PFM regulatory audits.

• Solid command of treasury instruments, cash management systems, and financial market indices.
• Excellent mathematical skills, attention to detail, and problem-solving capability.

• Bachelor’s degree in Finance, Accounting, Economics, or Banking.
• Completed CPA, ACCA, or CFA Level II.