MANAGING DIRECTOR

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Job Summary

Category: Business Management Entry Experience: 15 years
Job Type: Full time Positions: 1
Min Qualification: Bachelor Salary: Undisclosed
Entry Level: Management Level Date Posted: Apr 25, 2023
Location: Nairobi Apply Before: May 9, 2023
Views: Days Remaining: 346 days elapsed

Brief About Employer

KENYA INVESTMENT AUTHORITY (KENINVEST)

KENYA INVESTMENT AUTHORITY (KENINVEST)

Kenya Investment Authority (KenInvest) is a statutory body established in 2004 through an Act of Parliament (Investment Promotion Act No. 6 of 2004) with the main objective of promoting investments in Kenya.

Job Description

Job purpose

The Managing Director will be responsible for the day to day operations of the Authority and for the overall management and provision of strategic leadership at the Kenya Investment Authority. He/She is responsible to the Board for driving Management to achieve the Authority’s strategic objectives and goals, creating awareness to investors (domestic and foreign) of the investment opportunities in Kenya, Kenya’s attractiveness and facilitate investors to set up businesses and to ensure those already operating have an enabling investment/business climate.

Duties and Responsibilities

Strategic, Corporate Planning and Reporting

  • Managing emerging issues, risks and opportunities to ensure that the Authority continues to  deliver strong results and achieves desired outcomes; 
  • Ensuring that the Authority has an effective management structure, build capabilities of  Management and staff to ensure that the Authority is properly capacitated to deliver on its mandate and objectives and that staff are empowered and mentored; 
  • Advise the Board on matters of policy, planning, priorities and other issues that are fundamental  to the Mission and direction of the Authority, including implementation of proposed new  initiatives and potential impacts for Government, investors, partners and other stakeholders; 
  • Developing and implementing effective internal control systems for efficient service delivery in  the Authority and safeguarding of the Authority’s assets;
  • Ensuring continuous improvement in the quality of services provided by the Authority

Leadership 

  • Be the Accounting Officer in line with section 67 of the PFM Act 2012 and perform the functions  of the Accounting Officer in line with the PFM Act 2012 and PFM Regulations 2015, as well as  provisions of section 44 of the Public Procurement and Disposal Act 2015 and its regulations;
  • Ensuring that the Authority delivers on its mandate as stipulated by the Investment Promotion  Act No. 6 of 2004;
  • Providing Strategic Leadership, general supervision and management of the Authority on a dayto-day basis in accordance with the plans and policies approved by the Board to ensure  achievement of KenInvest strategic objectives;
  • Providing organizational leadership and Vision in developing and recommending to the Board the strategy and annual business plans for KenInvest; providing regular, thorough and prompt  communication to the Board on key technical, financial and administrative matters; and
  • Serving as a link between the Board and the Management. 

Human Resources 

  • Ensuring continuity of Board policy and acts as the vocal point of contact between the Board,  the management and staff of the Authority;
  • Fostering a good working relationship with and under guidance/consultation with Authority’s  Parent Ministry; 
  • Entrenching a working culture and promoting creativity and innovation in the Authority;
  • Ensuring compliance with National, regional and international laws as may be applicable; 
  • Providing strategic leadership in developing and implementing effective human resource  management, administrative policies and systems and maintaining a conducive working  environment suitable for attracting, developing and retaining an efficient workforce; 

Financial 

  • Providing Strategic Leadership and ensuring that the Authority grows to become financially  independent by generating its own resources;
  • Ensuring preparation of the annual budgets and establishing proper internal controls; 
  • Spearheading the development and implementation of efficient systems that support the  effective use of the Authority’s resources;
  • Effectively and efficiently leading the deployment of available resources for the best value to the  Authority and public interest while assuring financial capability to continuously deliver on the  mandate of the Authority; and
  • Identifying and sourcing for favorable development partners and ensuring that the annual  financial audit is conducted and recommendations addressed.

Communications

  • Communicating the Board’s strategies, decisions and policies to senior management and staff; and
  • Be the overall spokesperson for the Authority and maintaining an exceptional image for the  Authority in the country and internationally

Academic Requirements and Relevant Experience 

  • Have a Bachelor’s degree in any of the following disciplines: Business Administration,  Commerce, Marketing, Economics, Finance, Engineering or a relevant Degree from a  recognized University;
  • Have a Master’s degree in any of the following disciplines: Business Administration, Commerce,  Marketing, Economics, Finance, Engineering or a relevant Degree from a recognized University;
  • Have at least fifteen (15) years of relevant professional experience with five (5) years served in  a senior management position in the public service or in a large and reputable organization in  the private sector.

Required Skills

  • Demonstrated leadership experience with strategic vision and proven skills in managing  complex organizations at the national, regional or international level; 
  • Demonstrated record of setting clear standards for accountability, probity, value for money and  risk management and zero tolerance to fraud and corruption; for ensuring sound and  transparent financial management; and delivering continuous improvement, impact, efficiency  and effectiveness;
  • Demonstrated intellectual leadership, creativity and proven ability to propose new ideas and  lead on new ways of working across silos in a complementary and synergistic way for a  prosperous and peaceful organization;
  • Proven track record of change management and accomplishments at the organization with  strong resource mobilization and public relation skills;
  • Demonstrated ability to lead a multi-cultural team and establish harmonious and effective  working relationships both within and outside the organization; and
  • Proven ability to inspire, encourage, build trust and confidence and build consensus, stimulate  effective campaigns and drive collective action among a broad spectrum of people and  organizations.

Key Leadership Competencies

  • Strategic Focus and transformation with Leadership course lasting not less than four (4)  weeks from a recognized institution
  • Developing Organizational Capability
  • Change Leadership
  • Strategic Risk Management

Core Competencies

  • Building Partnerships
  • Drives Accountability Culture
  • Learning Orientation
  • Communicating with impact

Functional Competencies

  • Conceptual Thinking
  • Job Knowledge and good understanding of KenInvest Mandate, its role in the realization of  the National Development Agenda
  • Drive for Results

Fosters Innovation

Tenure of Appointment

The Appointment to this position will be on a four (4) year contract renewable once subject to  satisfactory performance.

How to Apply

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