Abstract: This paper is based on the need to discuss factors affecting finance management as one of the major problems faced by devolved units. The scope of the research will be County Government of Kwale. The paper explores measures that can be undertaken to impact the effectiveness of finance management. Records have shown that a large number of the devolved units are yet to develop and implement effective finance management, yet these attracts benefits to both the devolved units and the members of public. Hence the development of this research paper to highlight on the best practices. It must be appreciated that the issue of finance management is very sensitive to the members of the public because it affects the living standards of the community members. This is because resources that are well utilized and distributed would be of much benefit to the public. This paper is therefore prepared to analyze the importance of finance management so that organizations and individuals can understand the importance of effective finance management.