Position: Programme Manager – Result Based Aid (Commercial Financing) Reporting To:
The Chief Executive Officer Location: Nairobi
Purpose: Programme Manager (project finance) will be in charge of the day to day operations of the Result Based Aid that will finance projects to provide water and sanitation services to low income urban areas.
The Fund will provide partial subsidies to the projects after these areas get access to the agreed services. Duties and Responsibilities
- Assist WSTF in the establishment of the Result Based Aid facility
- Manage the day to day operations of the Result Based Aid according to the Operations Manuals and WSTF policies and systems
- Harmonize the operations manuals of Output Based Aid and Aid on delivery
- Assist WSTF in procuring, contracting and managing the Independent Verification Agent and ensure the output verification process follows the guidelines in the Grant Agreements and the Operations Manuals.
- Highlight the award criteria for Result Based Aid
- Create a reporting template for quarterly project status reports and annual financial reports.
- Oversee reporting and audit processes of the Result Based Aid
- Manage the GPOBA subsidy
- Support WSPs in subproject identification and preparation to make sure projects are eligible for the subsidy and assist in establishing output targets.
- Support WSPs to identify their Technical Assistance needs
- Support subproject oversight, including procurement of consultant and goods and works contracts to ensure compliance with procurement guidelines.
- Review subproject implementation support and subsidy applications.
- Track development indicators, objectives and outcomes.
- Perform the fiduciary responsibilities of WSTF under the grant, including budgeting, payments and financing requests.
- Monitor the compliance of WSPs with the project operating guidelines and environmental and social policies.
- Coordinate and Collaborate with the commercial banks teams to ensure the obligation of the Grant is properly understood.
- Coordinate with other Consultants at WSTF supporting commercial financing
- If required, assist commercial banks’ teams in the understanding profitability and current challenges in the sector.
- Follow up with commercial bank partners and WSP management to get updates on progress of subproject loans and provide assistance to banks where necessary.
- Occasionally take field visits during construction phase and to accompany the Independent Verification Agent in its output verification visits.
- If required, contribute to the creation of a bank water financing tool kit.
- Identify mechanism on how the Result Based Aid facility processes can be integrated and harmonized with WSTF operations (e.g. harmonisation of audits, reporting timelines)
- Support and contribute to the stakeholders’ sensitization on the programme.
- Finalize the operations manuals and
- Document lessons learnt from the programme
Qualifications and Experience
- Masters Degree in a relevant field (finance, development etc).
- Holder of CPA(K) and member of a professional body (ICPAK)
- At least 7 years of managerial and general experience in relevant fields, 5 years in bank/finance, SME lending preferred.
- Experience in projects financed through international development institutions.
- Experience in the water and sanitation sector, particularly working with Water Services Providers.
- Experience in an International Consultancy Firm is an added advantage
- Strong analytical skills
- Fluency in English and strong skills in written communications.
- Must be computer literate
An attractive remuneration package commensurate with above qualification and experience requirement will be offered to the successful applicant.
The post Water Services Trust Fund Job Vacancy in Kenya : Programme Manager appeared first on Jobs in Kenya.
