Republic of Kenya
Ministry of Finance
Recruitment of aFinancial 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
