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/FI/MA/AMMA/MGRM/01/2026

Job Purpose

The Assistant Manager – Management Accounting will support the financial planning and control cycle of GDC by preparing accurate budgets, monitoring cost centers, compiling variance reports, and performing strategic cost-benefit analyses.

Key Responsibilities

• Coordinate the compilation and formulation of GDC's annual corporate and departmental budgets.
• Prepare monthly, quarterly, and annual management accounts and variance analysis reports.
• Conduct detailed product/service costing and cost-efficiency analyses on exploration and drilling activities.
• Establish and monitor key financial cost centers and cost-allocation methodologies.
• Assist in evaluating capital expenditure (CAPEX) business cases and project feasibility studies.
• Ensure integration of budget controls and management reports into the Enterprise Resource Planning (ERP) system.

Requirements & Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration.
• Professional certification such as CPA-K or ACCA.
• Active registered member of the Institute of Certified Public Accountants of Kenya (ICPAK).
• Minimum of 5–8 years of experience in management accounting, budgeting, or corporate finance, with at least 2 years in a supervisory role.
• Advanced experience working with ERP financial modules (SAP, Oracle, or Microsoft Dynamics).
• Analytical mindset with strong data analysis and modeling capabilities.

• Coordinate the compilation and formulation of GDC's annual corporate and departmental budgets.
• Prepare monthly, quarterly, and annual management accounts and variance analysis reports.
• Conduct detailed product/service costing and cost-efficiency analyses on exploration and drilling activities.
• Establish and monitor key financial cost centers and cost-allocation methodologies.
• Assist in evaluating capital expenditure (CAPEX) business cases and project feasibility studies.
• Ensure integration of budget controls and management reports into the Enterprise Resource Planning (ERP) system.

• Advanced experience working with ERP financial modules (SAP, Oracle, or Microsoft Dynamics).
• Analytical mindset with strong data analysis and modeling capabilities.

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration.
• Professional certification such as CPA-K or ACCA.
• Active registered member of the Institute of Certified Public Accountants of Kenya (ICPAK).