Republic of Kenya
Ministry of Finance
Recruitment of a Financial Expert
For the Public Private Partnership Secretariat (PPPU) in Kenya
This objective will be achieved through the provision of
technical expertise and building capacity to implement the Government’s
Public Private Partnership (PPP) National program in Kenya.
The Public Private Partnerships Secretariat (PPPU) at the
Ministry of Finance is looking for highly motivated international experts, for
a period of one (1) year (renewable), to fill the position of:
Financial Expert
(1 Post)
The Financial Expert is expected to perform the following tasks:
- Lead
and Manage all financial affairs related to PPP Implementation;
- Manage
the Financial capacity building of PPP Nodes in Contracting Authorities/
Line Ministries;
- Manage
the internal accounting, administration and IT affairs of the Unit;
- Manage
and report on budgeting and contingent liabilities relating to the PPP
projects;
- Support
business case screening in the PPP process;
- Manage
and articulate the Funders Club providing financial backing to PPP
projects;
- Represent
the PPP Unit in the Financial Evaluation Committee for each PPP project in
charge of selecting the optimal bid;
- Encourage
domestic and international lending institutions to participate in funding
potential PPP projects;
- Assist
in creation of enabling capital markets in Kenya;
- Review
and edit PPP financial models and reports created by analysts;
- Approve
the valuation of public procurement projects to determine the Public
Sector Comparator;
- Approve
comparison of received financial bids to Public Sector Benchmark to
determine Value for Money and decide on maximum level of acceptable
bids;
- Manage
the Provision of capacity building to various local funding institutions
and government agencies on new trends in project financing for PPP
projects;
- Assist
in choice of Financial Advisors to PPP Transactions and managing their
performance and outputs;
- Manage
the planning and execution of project finance initiatives and engagement
with financial institutions to secure long term tenors and
appropriate debt pricing;
- Participate
in the selection of financial advisors by Contracting Authorities/line
ministries for PPP Projects;
- Provide
support for finalization of Feasibility Studies and Financial Analysis and
Research;
- Ensure
proper reporting structure for periodical and non-periodical reports
issued by PPPU on different issues;
- Ensure
proper analysis is carried out prior to financing a project under the
Capital Viability Gap
- Manage
and coordinate affairs of PPP Viability Gap Fund (VGF);
- Assist
PPPU Director in recruitment of local staff to fill out the organization
structure of the PPPU;
- Provide
on the job training to local recruits during his/her assignment to ensure
capacity transfer and smooth financial operations of the unit after
assignment ends; and
- Carry
out any other assigned duties related to PPP.
Qualifications, Skills and Experience:
- A
degree in finance, economics, accounting or related field. Post graduate
qualification in any of the fields mentioned will be an advantage;
- A
Financial executive, preferentially a chartered accountant with at least
15 years’ experience, 5 of which are in financial affairs, funding
and accountancy of PPP;
- Hands
on experience working in a Central PPP Unit for at least 2 years
consecutive is a mandatory requirement;
- Strong
familiarity with project finance;
- Financial
closure of at least one (1) PPP project;
- Fluency
in spoken and written English; and
- Experience
in managing PPP related funds.
Complete Application documents (curriculum vitae with details of
your qualifications, experience, day and evening telephone numbers, email
address and names of three referees) with Position reference and name clearly
marked on top should be emailed or sent to the address below.
Postal Address:
Project Implementation Unit
Attention: Project Manager
P.O Box 34542 - 00100
Nairobi, Kenya.
Telephone No.: 254 - 20 - 2210271/2210341
Email: info@flstap.go.ke
Physical Address:
Project Implementation Unit
Attention: Project Manager
7th Floor, Anniversary Towers, North Tower.
Building No.19 Monrovia Street/University Way
Nairobi, Kenya.
Deadline for submission of Applications is Friday 20th December
2012 at 1600 hours Kenyan local time.
Procurement Specialist
For: Financial Secretary
