Job Purpose
Responsible for implementation of sound accounting and financial management systems in line with Public Finance Management Act and International Public Sector Accounting Standards.
Reporting Relationship:This role reports to the Manager Finance and Accounts
Supervises:Accountants
Job Specification
The duties and responsibilities entail:
Post approved a budget to specific accounts in the ERP financial system and develop budget utilization reports;
Process online approval of LPO in the ERP financial system for budget allocation;
Preparation of the budget, control, and periodic financial reporting;
Design and Implement an efficient and effective monitoring tool to maintain action plans in line with budgets and forecasts;
Monitor budget utilization to ensure efficient utilization of allocated funds and alert management of any risk exposures;
Examine monthly expenditure controls and commitments to identify possible budget deficits and alert management to allocate additional funds or control expenditure;
Review of financial procedures and policies in line with the regulations while ensuring compliance with internal controls;
Analyse, reconcile, and maintain the general ledger accounts, while establishing any un reconciling items;
Prepare monthly journal entries and adjustments, including supporting documentation and appropriate descriptions;
Prepare and analyse income statement and balance sheet schedules for annual audit;
Coordinate external and internal Audits and ensure its effective implementation of recommendation;
Preparation and submission of financial, accounting and management reports on weekly, monthly, quarterly, and annually for decision making
Coordinate monthly cash book and bank reconciliations;
Preparation and management of weekly, monthly, and annual Cash flows forecasting and reporting;
Updating the Asset movement Register in the ERP;
Revenue collection, reconciliation and reporting
(xvii) Assisting in setting targets and appraising staff in the department.
Person Specification
For appointment to this grade, a candidate must have:
Bachelor’s degree in Commerce, Business Administration, or related field;
Certified Public Accountant of Kenya (CPAK);
At least six years (6) work experience, four (4) of which must be in a supervisory position in the public or private sector;
A member in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK);
Management course lasting not less four (4) weeks from a recognized institution;
Proficiency in Computer applications;
Demonstrated results in work performance; and
Meet the requirements of Chapter Six (6) of the Constitution.
Key Competencies and Skills
Communication;
Working and supervising people;
Applying technical expertise;
Customer and stakeholder orientation;
Drive for results:
Continuous learning and knowledge sharing; and
Proficiency in IT
Terms and Conditions of Service:
The position of Director Standards, Licensing & Advocacy will be on Five (5) year contract renewable once on satisfactory performance, while all the other positions will be on pensionable terms of service.