The Kenya Electricity Transmission Company Limited (KETRACO) is a 100% state-owned corporation incorporated on 2nd December 2008 under the Company’s Act, Cap 486 as a State Corporation pursuant to the Sessional Paper No. 4 of 2004 on Energy. The Mandate of the Company is to plan, design, construct, own, operate and maintain high voltage electricity transmission grid and regional power interconnectors.
KETRACO’s Vision is to be a world-class electricity transmission company and the leading interconnector in Africa. The Mission of the Company is to provide reliable, efficient and effective electricity transmission and promote power trade for sustainable socio-economic development.
The Company invites
applications from suitable individuals to fill the following positions: –
GENERAL MANAGER, FINANCE – KET 2 REF: KETRACO/5/1C/40/127/VOL I – B
(1 POSTION ON CONTRACT TERMS OF FIVE (5) YEARS RENEWABLE ONCE)
Reporting to the Managing Director & CEO, the successful
candidate will be responsible for efficient, effective and economic management
of the Company’s financial resources in compliance with the Public Finance
Management Act 2012 and Regulations and management of Financial Accounts,
Management Accounts, and Projects Accounts.
Key Responsibilities;
- Providing
leadership to Staff in the Directorate;
- Overseeing
development and implementation of finance policies and strategies for the
company;
- Coordinating
preparation of the Company budget in respect to ceiling, budget analysis,
implementation and adherence to approved levels;
- Ensuring
compliance with statutory and regulatory requirements including the Public
Finance Management Act 2012 (PFMA), International Financial Reporting
Standards
- (IFRS),
International Public Sector Accounting Standards (IPSAS), tax laws and any
other relevant legislation;
- Managing
and accounting for revenue collected in line with prevailing laws,
policies and regulations;
- Overseeing
internal processes and workflows for operational effectiveness;
- Managing
the implementation of financial risk mitigation measures and updating of
the
- Directorate’s
Enterprise Risk Register;
- Managing
staff job performance and evaluation, career development and capacity
building and deployment of skills;
- Overseeing
the operation, administration and financial management of the Directorate
in line with Corporate strategies;
- Providing
oversight in quality assurance for the Directorate;
- Designing
internal financial controls to prevent and detect inherent risks;
- Overseeing
implementation of approved work plan, policies and budget of the
Directorate;
- Ensuring
timely payments to suppliers, project affected persons (PAPs),
contractors, employees and other service providers;
- Coordinating
the Company’s external audit process;
- Coordinating
financial resource mobilization for the Company;
- Serving
as the custodian of the Company’s assets register;
- Overseeing
preparation of quarterly management reports and annual financial
statements.
- Facilitating
sourcing of required corporate funds;
- Preparing
the Company’s annual budget and submitting to the Board for approval;
- Maintaining
awareness of professional trends that may affect the operations of the
Directorate and recommend initiatives to be instituted to safeguard the
interest of the Company;
- Coaching
and Mentoring staff within the Directorate;
- Providing
technical support to the MD during meetings with stakeholders;
- Preparing
Board Papers related to finance to the Finance, Strategy and Risk
committee of the Board as directed
Qualifications & Skills required
- Knowledge
and relevant experience of not less that twelve (12) years, with at least
eight
- (8)
years at senior management level;
- Master’s
Degree in a relevant field with Bachelor’s degree in Finance/Accounting/
- Economics/Business
or related field from a recognized institution;
- Certified
Public Accountant, CPA(K) or ACCA Finalist;
- Full
member of Institute of Certified Public Accountants of Kenya (ICPAK);
- Undertaken
a leadership development programme/training lasting not less than 4 (four)
weeks from a recognized institution;
- Fulfil
the requirements of Chapter Six (6) of the Constitution of Kenya;
- Personal
attributes such as; Communication skills, Problem solving skills,
Analytical skills, Critical thinking, Decision making skills,
Entrepreneurial skills, Negotiation and mediation skills, Leadership
skills, Interpersonal skills, Team player, Knowledge in office automation
applications;
Decision Making – Strategic and Managerial Decisions
Working Conditions – Office Setting
MANDATORY REQUIREMENTS FOR ALL POSITIONS
Applicants MUST provide
the following documents on application;
- A
Signed application letter;
- A
detailed Curriculum Vitae indicating current and previous employers,
positions held, level of education, current and expected salary, notice
period required to take up appointment and names of at least three
professional referees;
- Copies
of academic and professional certificates
- Copy
of National Identification Card or Passport
- Valid
Certificate of Good Conduct from the Directorate of Criminal Investigations
- Valid
Clearance Certificate from Higher Education Loans Board (HELB)
- Valid
Tax Compliance Certificate from Kenya Revenue Authority (KRA); and
viii)Current Report from an approved Credit Reference Bureau (CRB)
In addition to the above;
- Candidates
should provide all the details requested for in the advertisement. It is
an offence to include incorrect information in the application
- Only
shortlisted and successful candidates will be contacted
- Canvassing
in any form will lead to automatic disqualification
- Shortlisted
candidates shall be required to produce originals of their National
Identity Card, academic and professional certificates during
- It
is a criminal offence to present fake certificates/documents.
- The
Company is committed to implementing the provisions of the Constitution –
Chapter 232 (1) on fair competition and merit, representation of Kenya’s
diverse communities and affording equal employment opportunities to men
and women, members of all ethnic groups and persons with disabilities. THEREFORE,
PEOPLE WITH DISABILITIES, THE MARGINALIZED AND THE MINORITIES ARE
ENCOURAGED TO APPLY
The successful
candidates for the positions will be offered competitive remuneration package
in accordance with the Company guidelines.
How to Apply
Candidates who meet the
above requirements should submit their application to: The Managing Director on GMRecruitment@ketraco.co.ke by 31st DECEMBER
2020 a 5.00pm.
Please note that applications will ONLY be via email, hard copies
shall not be considered. Indicate the position reference number as the subject
heading.