Background information about the job or company (e.g., role context, company overview)

BWASCO Water and Sewerage PLC is a public water service provider operating in Bungoma County. The company is seeking to recruit highly competent, proactive and self-driven individuals to fill the following vacant position:-

Responsibilities or duties

• Developing templates and compiling section monthly reports and make necessary recommendations
• Preparing the payment schedule;
• Ensure timely statutory payments and levies;
• Ensure the smooth functioning of financial operations, including accounts payable and receivable, payroll processing, and banking transactions.
• Identify areas for improvement in financial procedures and controls to enhance efficiency and effectiveness.
• Analyze factors influencing business performance and identify areas for potential improvement, often through research and reporting.
• Perform financial planning and analysis to forecast future performance, identify potential risks, and support decision-making.
• Ensure the accuracy and consistency of financial statements, including balance sheet reconciliations.
• Manage the company's cash flow to maintain liquidity and solvency, ensuring timely payment of obligations.
• Analyze financial statements (balance sheets, income statements, cash flow statements) to identify trends, assess performance, and make informed decisions.
• Risk management: They assess and manage financial risks to ensure the business remains resilient, even in the face of economic challenges.
• Ensure adherence to financial regulations and reporting requirements.
• Supervise finance department employees, including accountants, and provide guidance and support.
• Identify and implement cost-saving initiatives to improve the company's financial performance.
• Handling ad-hoc projects and requests as needed.
• Develop measure of controlling issuance of credit notes and enforce resolutions;
• Ensuring quarterly stock taking, periodically cash count;
• Enforcing adherence to generally accepted accounting standards and principles (IAS and IFRS);
• Implementing of Finance and Accounting Manuals;
• Liaising with both internal and external auditors as appropriate to ensure timely auditing is carried out on the organization;
• Administering the appraisal tool to your staff;

Qualifications or requirements (e.g., education, skills)

• Bachelor’s degree in Finance, Commerce, Economics and Accounting
• CPA-K/ACCA, CIFA or equivalent.
• Member of a professional body in a good standing
• Masters is an added advantage
• Strategic Leadership Development Program (SLDP) or relevant qualification from recognized institution at least six weeks

Experience needed

• 10 years’ experience with Minimum of 5 years in managerial positions

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

• Terms of service Contract – 5 years
• Reporting to ; Managing Director
• Supervises : Senior Officer I, Financial Accountant, Management Accountant, Debt Management
• Note: Contract positions can only be renewed once subject to performance appraisal
• Only shortlisted candidates shall be required to provide Chapter Six requirements

• Developing templates and compiling section monthly reports and make necessary recommendations
• Preparing the payment schedule;
• Ensure timely statutory payments and levies;
• Ensure the smooth functioning of financial operations, including accounts payable and receivable, payroll processing, and banking transactions.
• Identify areas for improvement in financial procedures and controls to enhance efficiency and effectiveness.
• Analyze factors influencing business performance and identify areas for potential improvement, often through research and reporting.
• Perform financial planning and analysis to forecast future performance, identify potential risks, and support decision-making.
• Ensure the accuracy and consistency of financial statements, including balance sheet reconciliations.
• Manage the company's cash flow to maintain liquidity and solvency, ensuring timely payment of obligations.
• Analyze financial statements (balance sheets, income statements, cash flow statements) to identify trends, assess performance, and make informed decisions.
• Risk management: They assess and manage financial risks to ensure the business remains resilient, even in the face of economic challenges.
• Ensure adherence to financial regulations and reporting requirements.
• Supervise finance department employees, including accountants, and provide guidance and support.
• Identify and implement cost-saving initiatives to improve the company's financial performance.
• Handling ad-hoc projects and requests as needed.
• Develop measure of controlling issuance of credit notes and enforce resolutions;
• Ensuring quarterly stock taking, periodically cash count;
• Enforcing adherence to generally accepted accounting standards and principles (IAS and IFRS);
• Implementing of Finance and Accounting Manuals;
• Liaising with both internal and external auditors as appropriate to ensure timely auditing is carried out on the organization;
• Administering the appraisal tool to your staff;

• Bachelor’s degree in Finance, Commerce, Economics and Accounting
• CPA-K/ACCA, CIFA or equivalent.
• Member of a professional body in a good standing
• Masters is an added advantage
• Strategic Leadership Development Program (SLDP) or relevant qualification from recognized institution at least six weeks