Finance & Accounts Job in Kenya

Head of Finance and Accounts

Qualifications, Skills and Experience Required:

For appointment to this grade an officer must have at least;

  • A minimum period of ten (10) years relevant work experience eight (8) of which should have been in management; 
  • Bachelor’s Degree (KNQF Level 7 or equivalent)  in Commerce, Business Administration, Business Management (Finance or Accounting option) or other relevant and equivalent qualifications from a recognized institution;
  • Master’s Degree (KNQF Level 9) in any of the following: Accounting, Business Administration, Finance or their equivalent qualification from a recognized Institution; 
  • Certified Public Accountant Part III (CPA K) or Associate of Certified Chartered Accountant (ACCA); 
  • Management Course lasting not less than four (4) weeks from a recognized institution;
  • Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body; 
  • Proficiency in computer applications; 
  • Fulfilled the requirements of Chapter Six of the Constitution.

Responsibilities:

Key Duties and responsibilities entail;

  • Managing all issues regarding the financing of Kenya National Qualifications Authority activities; 
  • Participating in the Development and implementation of sound financial management policies and procedures; 
  • Consolidating the Authority printed budget estimates and revised budget as per guidelines issued by National Treasury; 
  • Forecasting Annual cash flow requirements and coordinating preparation of annual budgets; 
  • Scheduling all payments within the Authority budgetary provisions; 
  • Ensuring Budgetary and cost control by reviewing expenditure returns from departments, preparing variance analysis, and recommending corrective action; 
  • Guiding other departments by interpreting government accounting policy and applying it in all operations of the Authority; 
  • Planning and coordinating timely preparation of annual Work Plans and budget estimates;
  • Developing and managing internal controls and compliance; 
  • Participate in Public-Private Partnership program strategies and resource mobilization;
  • Analyzing and interpreting financial reports and other accounting records; 
  • Ensure prudent and optimal utilization of Authority funds and Assets; 
  • Managing proper records of financial transactions; 
  • Overseeing the preparation of the final Annual Statement of Accounts in accordance with accounting standards and procedures and submission to relevant institutions; 
  • Reviewing and ensuring timely and accurate preparation of management accounting reports on a quarterly and annual basis; 
  • Maintaining an accurate and complete financial records of the Authority and regularly reviewing the financial system; 
  • Undertaking financial risk management; 
  • Monitoring and evaluating funds applications and accountability; 
  • Ensuring compliance with applicable financial statutory obligations and circulars; 
  • Ensuring proper Revenue and Treasury Management and reporting.

How to Apply

Interested and qualified applicants to apply for this position before 10 May 2022