General Manager, Finance & Administration at Kenya Investment Authority (Keninvest)

Nairobi, Kenya

Job purpose

  • Reporting to the Managing Director, the successful candidate will be responsible for providing strategic financial advice, oversee and lead annual budgeting and planning process in conjunction with the Managing Director; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization's financial status. He/She will also manage organizational cash flow and forecasting and further ensure optimal utilization and management of the Authority’s resources in functional areas of Finance, Human Resource & Administration in order to achieve strategic objectives of the Department

Duties and Responsibilities

  •  Implementing finance and human resources policies, regulations and strategies by ensuring effective and efficient utilization of finance and human resource in the Authority;
  • Designing, developing and monitoring implementation of internal financial control measures and systems to safe guard the property and assets of the Authority;
  • Carrying out Financial and Resource planning for the Authority including maintenance of financial records as well as preparation of Statutory accounts;
  • Developing and managing the recruitment function, welfare of the Authority and other incentive schemes such as medical, employee insurance and other health and safety requirements;
  • Regular reviewing of remuneration policy and structure, analyzing the staffing levels and advicing as appropriate on succession planning;
  • Overseeing the professional development training program for staff and ensuring completion of annual performance appraisals;
  • Providing appropriate guidance on the interpretation and implementation of financial and human resource regulations;
  • Preparing, designing and maintaining a proper accounting and financial system;
  • Overseeing the preparation of the core budget, providing technical support and advising line managers on budgeting, budget implementation and monitoring;
  • Overseeing procurement, safeguarding and maintenance of assets of the Authority; and
  • Overseeing staff assigned to the Authority and supporting Management committees as may be required.

Requirements for appointment i.

  • Have a Master’s degree specializing in Finance/Accounts, Business Administration & Management or any other equivalent and relevant field from a recognized Institution.
  • Have a Bachelor’s degree in Finance/Accounts, BCom (Finance/Accounts option) or any equivalent and other relevant field from a recognized Institution.
  • Have at least twelve (12) years of experience five (5) of which must be in senior management in the public service or in a large and reputable organization in the private sector.
  • Demonstrate results in work performance and ability to work with multigenerational staff.
  • Be a Member in GOOD standing of a relevant Professional Body.
  • Be a Certified Public Accountant (K) or Association of Chartered Certified Accountants (ACCA) or equivalent and relevant.
  • Leadership Course lasting not less than four (4) weeks from a recognized institution.

Key Competences

  • Possess good oral and written communication skills including report writing;
  • Demonstrate a high degree of professionalism and competence in the work performance;
  •  Strong resource mobilization skills with local and international development partners;
  • Be IT proficient, analytical thinker and attention to detail;
  • Ability to work under pressure, prioritize and multi-task;
  • Have Excellent interpersonal and organizational skills, high leadership qualities, negotiation and personnel management skills; and
  • Fulfill the requirements of Chapter Six of the Constitution of Kenya. Kenya Investment Authority

Compliance with Chapter 6 of the Kenyan Constitution

Successful candidate shall be required to meet the following compliance requirements and present them before engagement:

  • A Certificate of Good Conduct from the Directorate of Criminal Investigations;
  • A Compliance Certificate from Higher Education Loans Board (HELB);
  • A Tax Compliance Certificate from Kenya Revenue Authority;
  • A Clearance Certificate from the Ethics & Anti-corruption Authority (EACC); and
  • A Clearance Certificate from Credit Reference Bureau (CRB).