Job Description
Duties and Responsibilities
Duties will entail the following:
- Formulation, implementation and interpretation of financial, administrative and accounting policies and procedures, strategies and programs.
- Manage staff in Finance & Administration Department, preparing work schedules and assigning specific duties to them.
- Coordinate the preparation and implementation of the Funds annual budget and work plans and reporting on the Funds performance/status on quarterly basis.
- Liaison and reporting to the Advisory Board on all matters relating to Finance & Budget, Accounting and Administration.
- Budgetary controls and management of accounting methods and financial returns; and prioritization of projects and activities for the purpose of financial allocation and reporting.
- Formulation and coordinating of the Medium Term Expenditure (MTEF) budget for the Fund.
- Providing strategic leadership on all matters pertaining to financial management and general administration in the Fund.
- Coordinating resource allocations and budgetary control in line with Funds policies.
- Overseeing expenditure monitoring, review and forecast.
- Formulation, Coordination and interpretation of administration policies at the Fund
- Offering resource-based planning and performance measurement.
- Planning, designing, reviewing, coordinating, controlling and implementing accounting systems.
- Coordination and management of office accommodation and equipment, registry services, transport services, security and records management.
- Ensuring that sound accounting principles and controls are applied to all financial transactions of the Fund.
- Managing both the internal and the external audit process and coordinating responses to audit issues as they arise from time to time.
- Ensure proper record keeping and preparation of management and statutory reports in an accurate and timely manner.
- Ensure the assets of the Fund are efficiently deployed and managed to secure value for money.
- Manage the Funds cash flow and conduct proper forecasting.
- Effectively communicate and present critical financial matters.
- Establish and implement administration and logistics procedures in line with organizational requirement.
- Oversight to commitment of funds and expenditure trends.
- Monitoring and enforcing operational and internal control procedures.
- Ensuring that the assets and stocks of the organization are properly accounted for.
- Ensuring additions and disposals of capital items are properly accounted for.
- Oversight on cash flow management and investment at the Fund.
- Oversight in development and monitoring & reporting on the annual budgets and work-plans.
- Management of accounting methods and financial returns; and prioritization of projects and activities for the purpose of financial allocation and reporting.
Requirements for Appointment
For appointment to this grade, the job holder must have:-
- A Bachelor of Commerce in Accounting or Finance from a recognized university.
- A Masters degree in Business Administration (MBA), Economics, Finance, Commerce or a Financial related discipline from a recognized university.
- Senior Management course lasting not less than four (4) weeks and Strategic Leadership Development course lasting at least six (6) weeks.
- At least 10 years relevant work experience with at least five (5) years in a managerial position.
- Holder of a requisite professional qualification CPA(K) or ACCA.
- Membership to ICPAK and be in good standing.
- Meet the requirement of Chapter Six of the Constitution of Kenya.
Key Competencies and Skills
- Integrity, transparency and accountability.
- Leadership & excellent decision-making skills.
- Communication, report writing and interpersonal skills.
- Counseling and problem-solving skills.
- Discretion and confidentiality.
- Knowledge of financial and accounting systems.
- Knowledge of financial management principles in the public sector.
- Demonstrate professional competence and ability to work independently and effectively under pressure and on strict deadlines.
- Show merit and ability as reflected in work performance and results.