Universities Fund Finance Officer Jobs in Kenya

Universities Fund Finance Officer Jobs in Kenya



Job Purpose

The job holder is responsible for preparing management reports, annual financial report with assets worth over Kshs.47 Billion, the annual budget worth over Kshs.19 Billion, coordinating budgeting process with over 15 cost centers and ensures bank reconciliation are conducted for the over 3 bank account.

Key Responsibilities/ Duties / Tasks

Managerial / Supervisory Responsibilities

  • Coordinate collation of ideas for policy formulation to enhance compliance to laws and regulations;

  • Coordinating coaching and mentoring the direct reports for succession planning;

  • Coordinating review of risk management strategies that relate to the section to help identify what needs to be done to prevent future incidences;

  • Coordinating performance management for direct reportees to monitor and improve performance;

  • Drafting responses to Audit recommendations to provide actions to take to correct the findings.

    Operational Responsibilities/Tasks

  • Preparing periodic performance reports to ensure adhere to approved budget worth over Kshs.19 Billion;

  • Producing timely and accurate management reports for decision making;

  • Preparing of sectional risk register to ensure identification, determination of impact of risk and propose corrective actions;

  • Preparing timely and accurate Quarterly and Annual Report and Financial Statements with assets worth over Kshs.47Billion to reflect the true and fair position of the institution;

  • Providing audit schedules to internal and external Auditors to ensure smooth audit exercise;

  • Preparing timely and accurate monthly Bank reconciliation reports to ensure accuracy of transactions;

  • Recommending Review of risk management strategies that relate to the section to identify what needs to be done to prevent future incidences;

  • Monitoring costs against budgets to
    ensure adherence to strategic objectives;

  • Preparing of annual Sectional work plans and budgets to ensure achievement of set objectives;

  • Analyzing funds utilization within the institution to ensure efficient utilization of
    funds;

  • Adhering to laid down accounting controls procedures and processes for consistency in the day-to-day operational activities.

    Job Competencies (Knowledge, Experience and Attributes / Skills).

    Academic Qualifications

  • Bachelor’s degree in any of the following disciplines: - Commerce (Accounting option); Commerce (Finance option); Business Administration (Accounting option) or equivalent qualification from a recognized institution

    Professional Qualifications / Membership to Professional Bodies

  • Certified Public Accountant (CPA) part 1, Certified Financial Analyst (CFA) Part 1 or Association of Chartered Certified Accountants (ACCA) Part 1 is desirable

  • Previous relevant work experience required.

  • At least 4 years’ experience in a finance/accounting role.

    Functional Skills, Behavioral Competencies/Attributes:

    Functional Skills

  • IT Proficiency

  • Supervisory

  • Analytical skills

  • Communication

    Behavioral /Competency skills

  • Interpersonal

  • Team player

  • Attention to details

  • Reliable & Dependable

  • Fulfil the requirements of Chapter Six (6) of the Kenyan Constitution 2010

    How to Apply

    For more information and job application details, see; Universities Fund Finance Officer Jobs in Kenya

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