- Hold a first degree in Finance or Accounting;
- Have a Master’s Degree in Finance or Accounting or their equivalent;
- Be qualified either as CPA(K) or ACCA or CA or equivalent;
- Be an active member of the Institute of Certified Public Accountants, Kenya;
- Have at least Six (6) years’ experience in finance with Three (3) years’ experience as a Deputy Finance Officer in a University or equivalent institution;
- Be computer literate with demonstrable practical experience; and
- Demonstrate outstanding qualities of leadership, coordination and organization at senior management level.
Responsibilities
The Finance Officer shall:
- Manage and oversee prudent utilization of all financial resources of the University;
- Manage insurance and non-current assets;
- Prepare and submit annual estimates of revenue and expenditure to the University Management Board;
- Supervise compliance to budgetary allocation in accordance with the approved annual budgets;
- Receive and process proposals for subscription, donations and requests for necessary approvals;
- Prepare and submit financial reports on income, expenditure and assets of the University;
- Submit all necessary reports including all statutory reports relating to finances of the University;
- Advise the Vice-Chancellor on all public sector accounting matters;
- Implement public sector accounting standards including accounting policies, bases and concepts of government accounting systems, both manual and computerized;
- Advise the University on the best and appropriate financial reporting formats;
- Oversee the implementation of approved University financial and accounting policies and regulations;
- Oversee the development, review and implementation of the University financial management framework and policy;
- Prepare proposals and submit reports on borrowing, mortgaging or charging all or any part of movable and immovable property by the University;
- Prepare and submit periodic reports on administration, relevant statutory requirements and overall status of the department to the Deputy Vice-Chancellor in charge of Administration, Finance and Planning; and
- Perform any such other duties as shall be assigned by the Deputy Vice-Chancellor in charge of Administration, Finance and Planning.
Terms and Conditions of Service
- Successful candidate for the position will be offered a competitive remuneration package, including the following:
– Salary Scale: Ksh 170,681 – 248,898 per month;
– House Allowance: KShs.73,715 p.m.;
– Medical cover as per the University College Medical Scheme;
– Leave allowance.
- The appointment will be for a contract period of five (5) years renewable subject to satisfactory performance.
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