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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