Job Description
The Geothermal Development Company (GDC) is seeking an accomplished finance executive to fill the position of Manager-Treasury & Investment. This strategic leadership opportunity is suited to a highly experienced treasury and investment professional who can provide visionary financial stewardship while strengthening the organization's liquidity, investment portfolio, capital planning, and financial risk management framework. The successful candidate will report to the General Manager-Finance & Investment and will play an integral role in supporting GDC's long-term sustainability through prudent treasury operations and sound investment decisions.
The position is responsible for directing the organization's treasury function by ensuring efficient cash flow planning, maintaining adequate liquidity levels, optimizing financing arrangements, and safeguarding financial assets. The successful candidate will oversee treasury strategies that improve operational efficiency while ensuring sufficient funding for capital projects and ongoing business activities. The role also requires leadership in evaluating investment opportunities, maximizing returns within approved risk parameters, and maintaining strict compliance with financial governance standards.
Working closely with senior management and key stakeholders, the Manager – Treasury & Investment will provide expert guidance on financial planning, debt management, capital market engagement, foreign exchange exposure, interest rate management, and investment performance. The successful candidate will establish effective financial controls, strengthen treasury policies, and promote continuous improvement initiatives that enhance organizational value.
The role requires outstanding analytical capability, commercial awareness, and strategic thinking to support evidence-based financial decision-making. The Manager will also be responsible for mentoring treasury professionals, fostering a culture of accountability, strengthening performance management practices, and promoting ethical leadership throughout the department.
This position offers an exceptional opportunity for an experienced finance leader who is passionate about advancing financial excellence within Kenya's renewable energy sector. Individuals with proven expertise in treasury management, corporate finance, investment analysis, financial risk management, and organizational leadership are encouraged to apply. GDC offers a dynamic professional environment where innovation, integrity, collaboration, and continuous improvement are valued as essential drivers of sustainable organizational growth and national energy development.
Key Responsibilities
- Provide strategic leadership for the Treasury & Investment Department by developing annual operational plans, performance objectives, departmental budgets, and long-term financial strategies aligned with organizational priorities.
- Direct daily treasury operations to ensure efficient cash management, optimal liquidity utilization, and uninterrupted availability of funds for operational and capital expenditure requirements.
- Develop comprehensive cash forecasting models that enhance financial planning accuracy and improve working capital management across the organization.
- Lead investment planning activities by evaluating investment opportunities, conducting financial analysis, and recommending suitable investment portfolios that maximize returns while maintaining acceptable risk levels.
- Coordinate funding initiatives through appropriate financing arrangements while maintaining productive relationships with financial institutions, development partners, and capital market participants.
- Monitor compliance with loan agreements, financing covenants, treasury regulations, and internal financial governance policies.
- Formulate and implement strategies for managing foreign exchange exposure, interest rate fluctuations, liquidity risk, and other financial risks affecting organizational performance.
- Review debt portfolios and recommend appropriate restructuring or refinancing options where necessary to improve financial efficiency.
- Prepare comprehensive treasury, investment, liquidity, asset management, and financial performance reports for executive management and relevant governance committees.
- Evaluate organizational asset performance and recommend corrective interventions that improve financial returns and preserve long-term value.
- Develop financial models supporting investment appraisal, capital budgeting, project financing, and strategic resource allocation decisions.
- Strengthen internal financial controls by implementing robust treasury procedures, authorization frameworks, and monitoring mechanisms.
- Collaborate with finance, procurement, project management, and operational departments to ensure effective financial coordination across the organization.
- Drive continuous improvement initiatives aimed at increasing operational efficiency, reducing financial costs, and strengthening treasury governance.
- Ensure full compliance with applicable financial legislation, regulatory requirements, accounting standards, and corporate policies.
- Lead, mentor, coach, and develop treasury personnel while promoting a high-performance culture built on professionalism, accountability, collaboration, and ethical conduct.
- Coordinate departmental performance management processes, monitor achievement of agreed targets, and implement improvement initiatives where required.
- Represent the department during internal meetings, stakeholder engagements, financial reviews, audits, and strategic planning sessions whenever required.
Qualifications & Requirements
- Master's degree in finance, Commerce, Economics, Business Administration, Accounting, or another relevant discipline from a recognized institution.
- Bachelor's degree in commerce (Accounting or Finance Option) or an equivalent qualification from a recognized university.
- CPA (K) qualification or an equivalent professional accounting certification.
- Membership in the Institute of Certified Public Accountants of Kenya (ICPAK) or another recognized professional body.
- Management course lasting at least four (4) cumulative weeks.
- Proficiency in computer applications and financial management systems.
- Compliance with the requirements of Chapter Six of the Constitution of Kenya.
How to Apply
Interested and suitably qualified candidates are invited to submit a comprehensive application before the stated closing date. Applications should include an up-to-date Curriculum Vitae (CV), a detailed cover letter outlining suitability for the position, certified copies of academic and professional certificates, CPA (K) certification or its equivalent, evidence of completion of a cumulative management course lasting at least four weeks, and proof of current membership with the Institute of Certified Public Accountants of Kenya (ICPAK) or another recognized professional body where applicable. Applicants who are shortlisted will be required to present valid clearance certificates from the Kenya Revenue Authority (Tax Compliance Certificate), Directorate of Criminal Investigations (Certificate of Good Conduct), Higher Education Loans Board (Compliance Certificate where applicable), Ethics and Anti-Corruption Commission (Self-Declaration Form), and an accredited Credit Reference Bureau. Only candidates who satisfy all stated requirements will be considered. GDC is an equal opportunity employer committed to merit-based recruitment, diversity, integrity, fairness, and professional excellence. Any attempt to influence the recruitment process will result in automatic disqualification. Only shortlisted candidates will be contacted for the next stage of the selection process.