Finance Manager

Mombasa Water Supply and Sanitation Company Limited (MOWASSCO) is seeking a seasoned Finance Manager to join its Finance Division. This is a permanent and pensionable position (Job Grade 3) reporting directly to the General Manager – Finance. The successful candidate will play a central role in monitoring overall company performance, guiding strategic financial decisions, and ensuring robust financial management practices across the organisation.

As Finance Manager, you will be responsible for the preparation of timely management accounts, financial budgets, forecasts, and analytical reports that inform executive decision-making. You will also drive the formulation of costing and revenue policies, evaluate investment proposals, and identify inefficiencies to support sustainable business growth in one of Kenya's key public utilities.

• Prepare timely monthly, quarterly, and annual management reports, board accounts, and financial statements.
• Formulate costing and revenue policies and systems, ensuring accurate accounting of all costs incurred and revenue collected.
• Advise the GM – Finance and senior management on revenue, costing, and profitability issues.
• Consolidate individual departmental budgets into comprehensive company-wide financial budgets and forecasts.
• Analyse financial and operational data to identify trends, investment opportunities, and areas for development.
• Monitor and report on budget variances, product margins, and other key financial indicators.
• Review and assess the viability of investment proposals submitted to the Finance Division.
• Evaluate the financial impact of changes in pricing, consumption volumes, and operational costs on overall profitability.
• Track non-financial indicators such as stock turnover and report on their effect on business performance.
• Provide reliable cash flow forecasts and projections to support short- and long-term planning.
• Monitor operational costs including wages, materials, and equipment expenditure.
• Identify areas of operational inefficiency and recommend corrective measures to management.
• Evaluate company assets and investments as required and provide strategic financial guidance.

• Must hold a Bachelor's Degree in Commerce majoring in Finance or Accounting from a recognised university.
• Must be a Certified Public Accountant — CPA (K) — and hold active membership with ICPAK or an equivalent professional body.
• Must demonstrate at least 7 years of progressive experience in finance or accounting, with a minimum of 3 years at a supervisory or managerial level.
• Must be able to manage a busy finance unit in a large organisation, balancing multiple reporting deadlines simultaneously.
• Must apply strong business analytical skills to interpret complex financial data and translate insights into actionable recommendations.
• Must lead and mentor a finance team, demonstrating sound people management and organisational skills.
• Must work with proficiency in MS Office Suite (particularly Excel) and integrated accounting/ERP systems.
• Must communicate financial information clearly — both written and verbally — to both finance and non-finance audiences.
• Must uphold the highest standards of integrity, confidentiality, and professional ethics in handling financial data.

The salary for this position is competitive and commensurate with the public utility sector in Kenya. Based on the seniority of the role (Job Grade 3, Finance Manager level), the estimated monthly compensation ranges from KES 200,000 to KES 350,000. As a permanent and pensionable role, the position includes a government-backed pension scheme and other statutory benefits aligned with MOWASSCO's terms of service.

This role is ideal for a highly analytical and results-driven finance professional with a strong background in management accounting, financial planning, and corporate reporting — particularly within large, regulated, or public sector organisations. Candidates with prior experience in water, utilities, or infrastructure sectors will have a distinct advantage.

Do NOT apply if you have fewer than 7 years of relevant finance experience, lack CPA (K) certification, or have no demonstrated supervisory or team management experience. Entry-level or junior finance professionals are not suited for this role.

Interested and qualified candidates should submit their applications through the official MOWASSCO recruitment process. Ensure your application includes: a detailed CV highlighting your qualifications and work experience, copies of relevant academic and professional certificates, and a cover letter addressed to the Managing Director, MOWASSCO. Only shortlisted candidates will be contacted. MOWASSCO is an equal opportunity employer.