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10 Dec 2020

Full-Time Head of Finance and Strategy by Eldoret Water and Sanitation Company Limited (ELDOWAS)

Eldoret Water and Sanitation Company Limited (ELDOWAS) – Posted by JobdirectaKenya Staff Nairobi

Job Description

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Eldoret Water and Sanitation Company Limited (ELDOWAS) is a corporate entity established under Cap 486 of the laws of Kenya. The County Government of Uasin Gishu is principal shareholder. ELDOWAS was the first water service provider in Kenya to attain certification in international Quality Management Standards ISO 9001:2008. In order to achieve its goals and objectives the company recognizes the need to effectively serve the customers and has developed a Customer Service Charter. The Company has continuously embarked on the application of the Customer Service Charter and services expected of us by our customers. The standards provided are a measure of our performance as we interact with our esteemed customers. We ensure that the Customer Care Desk is operational and within reach of customers.

Job Description/Requirements

Department Finance and Strategy Department

Position Reports to Managing Director

Position Supervises

  • Finance Manager
  • Strategy Manager

Purpose of the Job (Head of Finance and Strategy)

To plan, direct and co-ordinate the ELDOWAS finances and ensure financial planning, management of financial risks, record keeping, and financial reporting; undertaking strategic and tactical matters relating to budget management, cost benefit analysis, forecasting needs and securing new or additional funding; and advise management and board of directors on financial implication of new and existing ventures.

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Main Duties and Responsibilities

The duties and responsibilities are:

Managerial Roles and Responsibilities

  • Develop work plan and budgets for the department for approval;
  • Oversee the execution of divisional/departmental work plan and budgets;
  • Oversee performance management of staff in the division/department;
  • Develop Financial Policies for ELDOWAS;
  • Lead in Strategy development for ELDOWAS;
  • Identify training needs for the departmental staff;
  • Mentor and coach staff within the department;
  • Supervise staff in the department;
  • Identify procurement needs of the department;
  • Prepare and submit all monthly, quarterly and annual reports.

Operational Roles and Responsibilities

  • Develop Financial plan and ensure availability of cash for various company’s activities;
  • Prepare budgets and controlling expenditure;
  • Design and implement effective systems of monitoring performance against budget;
  • Maintain effective budgetary controls, cost accounting and internal control systems and procedures;
  • Advise management and board of directors on financial implication of new and existing ventures;
  • Ensure optimal utilization of organization resources;
  • Participate in top management meetings (corporate management team);
  • Develop a long-term strategy for the timely generation of financial resources;
  • Formulate and maintain up to date register of company’s assets and liabilities;
  • Produce divisional and corporate forecasts for income and expenditure on monthly, quarterly and annual basis;
  • Preparing year-end income and expenditure forecasts.
  • Prepare monthly, quarterly, and annual financial and non-financial reports for stakeholders’ consumption and ensuring its integrity;
  • Prepare annual and long-term capital and revenue budget for consideration by the board and management for decision making;
  • Periodically assess the accounting best practices and advise the company appropriately;
  • Participate in Procurement Tender Committee;
  • Ensure quality accounting and maintenance of records meet the required International Financial Standards and implement recommendations from the internal Financial Management, Management and external Audits reports
  • Oversee the development and implementation of sound financial management systems
  • Participate in monitoring and evaluation of company operations;
  • Assess business risk and create financial awareness on resource allocation, cost reduction and financial discipline.
  • Perform any other duties that may be assigned.

Key Result Areas:

The jobholder’s accountability areas are as follows:

  • Effective operational cost control of the department’s financial resources;
  • Successful implementation of quality control standards for services offered by the department;
  • Effective supervision of employees assigned to the department;
  • Maximization of productivity in the department;
  • Continuous process improvement of services offered by the department;
  • Ensure customer satisfaction for the consumers of the services offered by the department;

Knowledge and Skills Required:

The jobholder must possess:

  • A Master’s Degree in Finance/Accounting or equivalent;
  • Bachelor’s degree in Finance or any other related field;
  • Professional qualifications such as CPA K/ACCA, ICPAK membership/ACCA;
  • A minimum of 12 years’ related work experience, six (6) of which should include senior management experience in a large organization;
  • Must have demonstrated ability to handle departmental budgets, resources, processes, projects and relationships;
  • Should have good knowledge of the relevant industry/sector as well as knowledge of regulatory requirements affecting the relevant sector;
  • Must be capable of functioning effectively both as a team player and a team leader;
  • Must have ability to plan, organize, implement and evaluate departmental goals;
  • Must demonstrate ability to handle multiple and conflicting priorities, and work under strict deadlines;

Please Follow the Instruction Below To Apply

Applications may be emailed to

deposited at our Head Office OFF Kambi Somali Road next to Coca Cola or posted to:

The Managing Director,
Eldoret Water and Sanitation Company Ltd.,
PO. BOX 8418-30100,

Eldoret Water and Sanitation Company is an equal opportunity employer and the marginalized groups are encouraged to apply.

Closing Date : 24th December, 2020

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Job Categories: Administrative/Secretarial Jobs in Kenya. Job Types: Full-Time. Job Tags: Eldoret Water and Sanitation Company Limited (ELDOWAS) jobs in Kenya. Salaries: 80,000 - 100,000.


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