Manages the power station�s financial resources and activities in a manner that ensures profitability, solvency, going concern and growth. Coordinates the business planning and financial forecasting cycles for station. Receives section budgets and consolidates the same into overall station budgets. Monitors budgets performance and variance and initiates corrective action. Develops, implements and maintains a day � to � day cost management system that will help the station keep operating costs within approved budgets. Executes financial investigations and evaluations of station projects or new business initiatives with the view to adequate forecast financial requirements and increase shareholder value. Manages cash-flow and prepares periodic cash-flow statements. Liaises with Head Office to request funds for the Power Station. Ensures all reconciliations are completed and cleared within stipulated times. Develops and maintains adequate and effective financial and cost controls for the station. Maintains accurate and complete books of accounts and properly accounts for all income, and expenses, assets and liabilities. Reviews creditors, bank and general ledger reconciliations. Reviews and authorizes payments for processing. Ensures the timely production of accurate and complete set of financial reports. Designs, implements and maintains internal financial control systems. Prepares Station Profit & Loss and other comprehensive income statement and Balance Sheet monthly. Participates in management meetings and advise on financial matters. Develops and maintains a reliable management and cost reporting system for the station to ensure accurate and on time reporting. Ensures cost allocation codes are properly maintained. Develops and maintains systems that facilitate benchmarking of the stations performance against similar operations in the company and industry with a view of reducing the stations costs to the lower quarter of the industry cost curve. Develops, implements and maintains adequate internal controls that will ensure correct asset valuations and reporting of inventories and stocks. Produces and submits tax computations and returns for the company. Ensures that all statutory returns are submitted within stipulated time. Liaises with internal and external auditors in completing audits. Prepares draft financial statements in preparation for the financial audit. Clear queries and facilitates the audit process. Supervises staff in department and ensures staff discipline. Manages staff performance and determines and recommends training needs and interventions. Ensures the department is adequately staffed with people and skills at the right level. Proposes staff structure to the General Manager. Disciplines subordinates on minor cases of misconduct and refers all cases of major breach of conduct to the disciplinary committee. Attends to subordinate grievances. Sets targets for subordinates. Communicates Finance policy to staff. Presentation and treatment of financials (in compliance with accounting standards). Application of financial approval framework. Allocation of financial resources and manages cash flow. Approval of reservations and invoices to a limit. Treatment and resolution of all finance issues and queries. Schedules report generation and ensures deadlines are observed. Manages staff in department. The demands on the job are very dynamic. This may require someone who is more spontaneous that rigid � this is, who is able to effectively deal with random changes will maintaining the overall programme plan. Compliance with stipulated tax requirements and dealing with regulatory authorities. Coordinating people that may not understand the purpose of particular activities. This job coordinates data supply from departments/ functions that do report to this position. This often results in a delay of supply of information that is critical for meeting the KPI�s of this job. Cash flow management. Cost control and achieving performance targets � profitability. Scheduling of work to meet predetermined deadlines.

Job evaluation subgrade: E