Finance Officer Job in Kenya 2021
Career Employment Kenya: Finance Officer Job in Kenya 2021
Job Description: Today Work Kenya

KarU/HR/FO/2021

The basic Salary for
this position is between Kshs.  209,694/=  by Kshs.  6,672/=
 to Kshs. 283,087/=.

The Finance Officer is
the head of Finance Department who  is responsible for  overall
formulation and  implementation of finance policies  and  strategies,
organization, control and supervision of the department

Job Description

  • Provide
    technical advice on financial matters to University Management and Council.
  • Develop 
     the Departmental strategic plan   to meet strategic and
     financial objectives of the University.
  • Develop 
     departmental  work   plans   that will
     guide   the  members  of  the Department
    each year in achieving the strategic objectives.
  • Advice
    and set financial targets for the University and evaluate them through
    performance contracts.
  • Prepare
    University budgets to request for funds  from the Ministry and guide
    utilization of financial resources.
  • Prepare
    and  submit management reports (financial projection/ cost benefit
    analysis) to facilitate decision making.
  • Prepare
    and  submit annual financial statements and  quarterly reports
    in compliance with statutory requirements.
  • Review 
     and   formulate  accounting  policies 
     and   regulations that  govern operations of the
    University.
  • Institute
    internal controls in  the operations of the Department to ensure
    accuracy of financial records and enhance efficiency in service delivery.
  • Review
     and  formulate quality management procedures to guide
     operations within the department.
  • Allocate
    duties, supervise and conduct appraisals to evaluate the performance of
    finance staff.
  • Promote 
     staff   development   and  
     capacity  building   through   training,
    mentorship and   coaching to ensure  subordinate  are
     equipped  with the necessary knowledge and skills to carry out
    their duties effectively.
  • Custodian
    of the assets register of the University to ensure safe guarding of assets.
  • Provide
    interpretations  to various financial policies  and  laws
     to enhance implementation of the same.
  • Update
    the University management on the new/ current financial trends and their
    impact to the University – this is to facilitate compliance and
     review of strategy.
  • Act
    as  the liaison person for  all  financial audits both
    internal & external audits.
  • Ensure
    adherence and compliance to financial regulations and standards e.g. IPSAS.
  • Liaise
     with the Ministry of Education and  other financial
    institutions on financial matters to facilitate smooth running of the
    University.
  • Cash
     management by monitoring cash  flows  of the University to
    facilitate planning and utilization of same.
  • Keep
    records to ensure that all books of accounts are properly maintained as a
    statutory requirement.
  • Custodian
    of accountable documents for finance in compliance with statutory
    requirements.
  • Facilitate
    effective and efficient service delivery to ensure all clients are given
    services  to the required standard and as per the University service
     charter.
  • Attend
    to customer feedback by providing responses to all complaints and
    compliments.
  • Advise
     University committees  on  financial matters  to
    facilitate decision making.
  • Approve
     payments and  release of funds  to enable the execution of
    various tasks within the University.
  • Monitor
    budget operation activities at all levels  to ensure all activities
    are within the stipulated budgetary allocations.
  • Monitor
    and  ensure the University revenue targets and  projections are
     met in order to advise  on expenditures.
  • Authorize
    payments to be settled for expenditures incurred. xxix)  
     Assist in developing the budget.
  • Any
    other duty assigned by a senior officer.

Job Requirements for Appointment

  • Master’s
    degree in finance or accounting field from a recognized institution
  • CPA
    (K).
  • At
    least fourteen (14) years relevant work experience, ten (10) of
    which  must have been in a senior managerial position.
  • Membership
    registration with ICPAK or any other relevant professional body. v)
    Knowledge of Information and Communication Technology.
  • Doctorate
    degree is an added advantage.

TERMS AND CONDITIONS OF SERVICE

The 
 successful  candidates  will  be  offered 
 a  competitive  remuneration   package  in
accordance with the existing Terms  and Conditions of Service.

How To Apply

Applicants must submit
two (2) copies  of applications giving details of their educational and
 professional qualifications, age, detailed work  experience, present
post and  salary, applicant’s telephone number and  e-mail address.
Enclose certified copies  of certificates and  testimonials
 and   giving   names  and   addresses
 of  three  (3)   referees  who   are
knowledgeable about the applicant’s competence and area of specialization,
accompanied with detailed Curriculum Vitae and a copy of the most recent pay
slip.

In addition, applicants
should request their referees to write directly to the undersigned, in separate
sealed envelopes. Interested applicants should send  the applications to
the address below,  quoting the relevant reference number, so as to be
received on or before Tuesday 5th October, 2021.

The Vice Chancellor
Karatina University
P.O. Box 1957- 10101

KARATINA