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Principal Finance Officer At Rural Electrification Authority

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Principal Finance Officer At Rural Electrification Authority
Company:

Ion Authority


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Principal Finance Officer At Rural Electrification Authority

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Details of the offer

FINANCE AND ICT DIRECTORATE
FINANCE AND ACCOUNTS DEPARTMENT
FINANCE SECTION (MANAGEMENT ACCOUNTS)
GRADE REREC 4 (1 POST)
Job Specification
Review and ensure timely and accurate preparation of management accounting reports on monthly, quarterly and annual basis;
Ensuring timely and accurate preparation of annual budgets and revised budgets based on approved work plans;
Provide technical support to technical and other departments during the budget making process;
Reviewing expenditure returns from departments, prepare variance analysis and recommend corrective action;
Interpreting of financial policies for sound financial principles, practices procedures for effective internal control;
Assist other departmental and sectional managers in the management of their budgets through regular provision of reliable up to date financial information;
Carry out financial planning and consolidate department work plans;
Participate in Resource Mobilization initiatives of the Corporation;
Verification of payroll, payment cheques, EFTs and bank transfers;
Approval of Purchase orders, Sales & Purchase invoices and staff imprests;
Review the coding of ledger and store items in the system to ensure that is accurate and sufficient;
Review all purchase requisition to ensure the estimate given by users are reasonable and within budget;
Review all corporations funds Reconciliation i.e. Projection vs Actual collection;
Ensure timely collection of corporation’s funds;
Ensure records and data on corporation’s funds are properly maintained; and
Ensure timely production of accurate monthly, quarterly and annual reports.

Person Specifications
For appointment to this grade, a candidate must have:-
A minimum of eight (8) years’ relevant work experience and at least three (3) in a supervisory role in the Public Service or Private Sector;
Masters degree in any of the following disciplines: Business Administration (Finance or Accounting option) or equivalent qualifications from a recognized University or institution;
Bachelors degree in any of the following: Commerce, Business Administration (Finance or Accounting option), Business Management or other relevant and equivalent qualifications from a recognized institution;
Passed Part III of the Certified Public Accountants (CPA) Examination/ACCA affiliate Exams;
Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
Certificate in Management Course lasting not less than our (4) weeks from a recognized institution;
Proficiency in computer applications;
Demonstrated competence in work performance; and
Fulfilled the requirements of Chapter Six of the Constitution;

Key Competencies and Skills
In addition the candidate should possess the following skills:-
Analytical skills;
Communication skills;
Strategic and innovative thinking;
Interpersonal skills;
Negotiation skills; and
Team player

Requirements

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