Background

The right to housing is embedded in the Constitution of Kenya, which provides that every person has the right to accessible and adequate housing. With Kenya’s growing economy and one of the fastest-growing urbanisation rates in the continent, the demand for housing has never been greater. The Affordable Housing Board is established under the Affordable Ho...

Key Responsibilities

The duties and responsibilities of a General Manager, Fund Services will entail:

• Providing oversight in the formulation and execution of financial management strategies to safeguard the Fund’s resources and ensure sustainable financing of the Affordable Housing Programme;
• Aligning all departmental financial functions with the Public Finance Management (PFM) Act, Board policies, and national priorities;
• Overseeing transparent, equitable, and efficient home allocation processes, ensuring alignment with national housing objectives and AHB policies;
• Championing client-focused approaches that promote satisfaction, inclusivity, and trust in the Fund’s services;
• Providing strategic direction in the design and management of tenant purchase schemes, mortgage administration, and repayment frameworks to expand homeownership opportunities;
• Oversee the preparation of budgets, expenditure controls, and financial reports and statements, and statutory returns;
• Ensuring the development of flexible and sustainable financing models that meet the needs of diverse income groups while protecting the Fund’s investments;
• Spearheading resource mobilization through innovative financing mechanisms, including PPPs, debt, and equity partnerships with local and international investors;
• Directing the Fund’s investment strategies to guarantee adequate capital flows, liquidity management, and long-term sustainability of the housing pipeline;
• Strengthening investor confidence through transparent engagement, reporting, and accountability frameworks;
• Establishing and enforcing robust internal control, audit, and compliance systems across all fund services to ensure prudent utilization of resources;
• Overseeing risk assessment and mitigation strategies for financial, operational, and programmatic activities to safeguard the Fund’s assets;
• Ensuring compliance with financial laws, housing regulations, and governance frameworks;
• Developing partnerships with financial institutions, SACCOs, cooperatives, microfinance institutions, counties, and development partners to expand access to affordable credit and housing opportunities;
• Directing the development and integration of digital platforms for efficiency in home allocation, financial management, and reporting;
• Overseeing departmental performance monitoring and ensuring the generation of timely reports for the Board and external stakeholders;
• Ensuring that departmental programs deliver a measurable impact on affordability, inclusivity, and financial sustainability.

Requirements & Qualifications

For appointment to this grade, a candidate must have: -

• Cumulative service period of fifteen (15) years’ relevant work experience, five (5) of which should have been at the Manager, Credit/TPS Administration, Housing Financing or a comparable position;
• Bachelor’s degree in any of the following fields: Banking, Finance, Economics, Commerce, Business Administration (Finance), Economics, Business Administration, Built Environment, or its equivalent from a recognized institution;
• Master’s degree in any of the following fields: Finance, Economics, Business Administration, Finance, Accounting, Business Administration, Commerce, or a related discipline;
• Certified Public Accountant (CPA-K), Association of Certified Chartered Accountants (ACCA) or equivalent qualification from a recognized institution
• Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
• Professional membership to relevant professional bodies;
• Leadership Course lasting not less than four (4) weeks from a recognized institution;
• Valid Practicing certificate where applicable;
• Proficiency in computer applications; and
• Fulfilled the requirements of Chapter Six of the Constitution of Kenya.

Key Skills & Competencies

• Strategic leadership and visioning skills
• Negotiation skills
• Stakeholder management skills
• Corporate governance skills
• Financial management skills
• Change management skills
• Project management skills
• Analytical and conceptual skills

• Providing oversight in the formulation and execution of financial management strategies to safeguard the Fund’s resources and ensure sustainable financing of the Affordable Housing Programme;
• Aligning all departmental financial functions with the Public Finance Management (PFM) Act, Board policies, and national priorities;
• Overseeing transparent, equitable, and efficient home allocation processes, ensuring alignment with national housing objectives and AHB policies;
• Championing client-focused approaches that promote satisfaction, inclusivity, and trust in the Fund’s services;
• Providing strategic direction in the design and management of tenant purchase schemes, mortgage administration, and repayment frameworks to expand homeownership opportunities;
• Oversee the preparation of budgets, expenditure controls, and financial reports and statements, and statutory returns;
• Ensuring the development of flexible and sustainable financing models that meet the needs of diverse income groups while protecting the Fund’s investments;
• Spearheading resource mobilization through innovative financing mechanisms, including PPPs, debt, and equity partnerships with local and international investors;
• Directing the Fund’s investment strategies to guarantee adequate capital flows, liquidity management, and long-term sustainability of the housing pipeline;
• Strengthening investor confidence through transparent engagement, reporting, and accountability frameworks;
• Establishing and enforcing robust internal control, audit, and compliance systems across all fund services to ensure prudent utilization of resources;
• Overseeing risk assessment and mitigation strategies for financial, operational, and programmatic activities to safeguard the Fund’s assets;
• Ensuring compliance with financial laws, housing regulations, and governance frameworks;
• Developing partnerships with financial institutions, SACCOs, cooperatives, microfinance institutions, counties, and development partners to expand access to affordable credit and housing opportunities;
• Directing the development and integration of digital platforms for efficiency in home allocation, financial management, and reporting;
• Overseeing departmental performance monitoring and ensuring the generation of timely reports for the Board and external stakeholders;
• Ensuring that departmental programs deliver a measurable impact on affordability, inclusivity, and financial sustainability.

• Strategic leadership and visioning skills
• Negotiation skills
• Stakeholder management skills
• Corporate governance skills
• Financial management skills
• Change management skills
• Project management skills
• Analytical and conceptual skills

• Cumulative service period of fifteen (15) years’ relevant work experience, five (5) of which should have been at the Manager, Credit/TPS Administration, Housing Financing or a comparable position;
• Bachelor’s degree in any of the following fields: Banking, Finance, Economics, Commerce, Business Administration (Finance), Economics, Business Administration, Built Environment, or its equivalent from a recognized institution;
• Master’s degree in any of the following fields: Finance, Economics, Business Administration, Finance, Accounting, Business Administration, Commerce, or a related discipline;
• Certified Public Accountant (CPA-K), Association of Certified Chartered Accountants (ACCA) or equivalent qualification from a recognized institution
• Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
• Professional membership to relevant professional bodies;
• Leadership Course lasting not less than four (4) weeks from a recognized institution;
• Valid Practicing certificate where applicable;
• Proficiency in computer applications; and
• Fulfilled the requirements of Chapter Six of the Constitution of Kenya.