Ref. BAC/MFA/12/2018 (BAC 3
The College seeks to recruit results driven and highly motivated individuals to fill the following position;
Reporting to the Director Corporate and Strategy Services, the Manager is responsible for ensuring prudent management of financial resources by implementing accounting policies, systems and procedures; and report on financial performance of an organization.
Responsibilities
- Consolidating and revising budget as per guidelines issued by the National Treasury and the Parent Ministry;
- Checking and approving expenditure and payments and sign bank instructions/cheques;
- Presentingfinancialreports to the Board and advice on financial implications and consequences of management/business decisions;
- Developing and reviewing financial policies and procedures to enhance internal controls;
- Ensuring compliance with relevant laws, regulations and procedures in management of financialresources;
- Reviewing and ensuring timely submission of annual report and financial statements;
- Ensuring that the College liquidity position is appropriate and liaise with the Parent Ministry and Treasury for release of allocated funds;
- Reviewing of audit queries and implementing corrective actions;
- Developing and implementing effective processes in the finance unit to ensure seamless flow of servicedelivery. Such processes include but not limited to budgetary process, analysis and reporting;
- Developing short term, medium and long term revenue and expenditure framework;
- Ensuring compliance with various requirements of government agencies and statutory institutions as setout in various circulars and legislations;
- Controlling the College’s Finances to ensure that they are utilized in a lawful and efficient manner;
- Planning and determining cash flow needs, forecast and establish cash flow trends of the College;
- Preparing the annual budget execution reports, quarterly financial statements for programme andoperational budgets;
- Preparing Board and management financial reports;
- Liaising with the parent Ministry for GOK’s Grants and development partners’ funding;
- Ensuring the provision of adequate financial resources for the College programs and activities; and
- Staff performance management, training development and, mentorship.
Qualifications
- Have Bachelors degree in any of the following disciplines: Commerce (Accounting/Finance Option), Business Management (Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution.
- Have Master’s degree in any of the following disciplines: Business Administration, Finance, Commerce, or equivalent qualifications from a recognized university;
- Be Certified Public Accountant CPA (K) or its equivalent;
- Be registered with a professional body such as CPA, ACCA from a recognized institution;
- Be a Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body in good standing;
- Have a certificate in Management course lasting not less than four (4) weeks from a recognized institution;
- Have proficiency in computer application skills:
- Demonstrated professional competence and administrative capability as reflected in work performance and results; and
- Fulfil the requirements of Chapter Six of the Constitution.
Terms of service: Permanent
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