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Grants Accountant Job in Nairobi

Kenya Red Cross Society is one of the largest humanitarian organizations in Kenya. Its mission is to be the leading humanitarian organization in Kenya delivering excellent quality service of preventing and Alleviating Human Suffering. 

The Society is the Principal Recipient of Global Fund (GF) Round 10 HIV Grant and seeks to fill the following position:

Position Title: Grants Accountant
Reporting to: Grants Manager
Job location: Headquarters - Nairobi
Overall Purpose: Reporting to the Grants Manager, the Grants Accountant will be responsible for 
  • effective planning, budgeting, implementing and evaluating accounting operations including management of the GF funds and monitoring the income against budget to ensure that all income variances are identified and investigated in a timely way and management of creditors. 
  • S/He will manage bank reconciliations, updating and producing cash flow forecasts, according to income received and expenditure committed and reporting the monthly cash flow position, maintaining an updated billing system, handling credit balances as well as creating a cost-effective recovery system.
 Core Duties and Responsibilities
  • Contribute to the development, implementation and evaluation of the annual budgets and plans aimed at operationalizing programmes and projects activities
  • Coordinate the implementation of an effective income management information system aimed at ensuring that all incomes are properly receipted, accounted for and promptly banked
  • Coordinate receipts and disbursement, banking, protection and custody of funds, securities and financial instruments to ensure that the income recorded on the ledger is accurate and robust as well as follow up on unbilled income
  • Coordinates safekeeping, control and accounting of assets and securities
  • Manage a portfolio of Implementing Partners (Sub-Recipients)
  • Prepare bank reconciliations on a timely basis
  • Monitor the GF Programme income against budget and ensure that all income variances are identified and investigated in a timely way
  • Monitor bank balances on a daily basis in order to produce cash flow forecasts according to income received and expenditure committed, also recommend appropriate action in the event of cash flow variances
  • Liaise with auditors and ensure all requested information is supplied in a timely manner and that all relevant audit recommendations are implemented
  • Provide various financial reports on an ad-hoc basis by extracting, compiling, analyzing, and formatting financial data; also provide assistance in interpreting report parameters, results, and data to line management, programme officers, project managers and other management personnel
Minimum Qualifications
  • Bachelor’s Degree in Accounting and finance plus CPA (K) or equivalent qualifications
  • Over three (3) years experience in accounting including skills in computerized accounting systems.
  • Previous work in HIV and or Health grant programs will be an added advantage.
Key Competencies
  • Considerable knowledge of accounting, financial modelling and cash flow forecasting
  • Effective communication skills ability to present ideas clearly, both orally and in writing and to prepare comprehensive reports
  • Demonstrated ability to meet deadlines, analyse financial and operational data and information, think analytically and critically
  • Ability to maintains high level of confidentiality, remain open to new ideas and experiment with improved systems and proven methods
How to Apply

Applications should contain: A letter of application, curriculum vitae, copies of academic certificates, address and contacts of two referees.

Applications should be sent to the following address to be received on or before 5:00 pm Friday, 20th March 2015.

Late applications will not be considered.

Secretary General
Kenya Red Cross Society
P.O. Box 40712-00100,

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