Job Summary
Reporting to Chief
Finance Officer, Projects Finance & Accounting, the Projects Finance & Accountant will be responsible for ensuring proper
and timely accounting for finances, debt management and costs of projects in
compliance with the regulatory framework.
Responsibilities
- Ensure
project costs are accurately accounted for in the correct project
networks, accounts, cost centres and accounting periods
- Reconcile
Work-in-Progress accounts, and in liaison with Financial Reporting Team
ensure costs of completed projects are settled and capitalised promptly
- Monitor
projects cost and time overruns, continuously investigate variances and
make recommendations to management for corrective action
- Check
and verify project expenditure and payments for accuracy, completeness,
authenticity and adequacy of supporting documents
- Ensure
Contractors/Suppliers payments and Financiers’ loans repayments are made
within the stipulated contractual terms;
- Prepare
management reports in a timely manner as may be required by the management,
external governing bodies and development partners from time to time;
- Ensure
accurate requests for disbursements are made on time as per various loan
agreements;
- Participate
in preparation and/or review tender documents;
- Prepare
tender evaluation checklists and participate in such evaluations;
- Prepare
contract negotiations checklists and participate in such negotiations;
- Support
Projects Execution team to ensure timely and realistic budgets preparation
and submission;
- Identify
and recommend to the Asst. Manager-Projects Finance & Accounting,
Projects accounts due for closure upon project completion.
- Implement
and recommend changes in Project Financing Policy to guide and improve
operational procedures.
- Manage
the Sectional budget to ensure optimization of costs.
- Address
Staff performance; Motivation; Training and development issues in the
Section.
- Provide
specifications for the Sectional related procurement to the Corporate
Finance Manager.
- Implement
Safety, Quality Management Systems and Environmental Management Systems
within the Section.
Academic Qualifications
- Bachelor’s
Degree in Accounting or Finance or Commerce or equivalent
- Masters
in a management related course will be an added advantage
Professional Qualifications & Membership to professional
bodies
- CPA-K
or ACCA (UK) or equivalent.
- Member
of ICPAK or equivalent
Previous relevant work experience required
- At
least 5 years of experience as an accountant with specific experience in
accounting for capital projects
Additional Information
- Minimum
Years of Working Experience : 5 Minimum Education Level
: Undergraduate