Principal Accountant Job Kasneb Nairobi, Kenya

Job description

Key Responsibilities

• Reporting to the Manager, the job holder will be responsible for:
• Preparing annual budgets and provide technical support to functional areas during the budget making process by providing reliable up to date financial information;
• Preparing draft annual and quarterly financial statements and accompanying schedules in accordance with PFM Act and IPSAS Managing the commitments and expenditures within available budgetary provisions;
• Monitoring expenditures of activities based on approved budgets on a periodic basis;
• Ensuring safe custody of KASNEB Foundation’s financial records and assets;
• Managing KASNEB Foundation cash flows;
• Analyzing the posting of transactions in the accounting system and for accuracy and completeness;
• Verifying the payroll, payment invoices and staff imprests to ensure that they are accurate and within budget;
• Facilitating timely payments to suppliers, contractors, employees and other service providers through checking of payment vouchers, LPOs and imprests;
• Preparing monthly reconciliation of budget line items in ERP accounting system and review general ledger reconciliations;
• Preparing Donor accounts and donor project reporting
• Maintaining the asset register and ensuring disposed assets are accounted for;
• Maintaining and updating data in the Government Investment Management System (GIMIS) or any other system approved by the government from time to time;
• Preparing monthly and quarterly expenditure and variance analysis reports;
• Maintaining records for debtors and generate regular reports to assist management in prompt collection of accounts receivable; and
• Support resource mobilisation initiatives by coordinating and overseeing the management and accountability of donor funds in line with agreed frameworks.

Qualifications

For appointment to this grade an officer must have: –

• Cumulative service period of nine (9) years relevant work experience three (3) of which should have been at the grade of Senior Accountant or in a comparable position;
• Bachelor’s degree in Commerce, Accounting, Finance or any other relevant qualification from a recognised institution;
• Certified Public Accountant (K) or equivalent qualification from an accredited examination body;
• Membership to Institute of Certified Public Accountants of Kenya (ICPAK) or a relevant professional body and in good standing;
• Management Course Certificate lasting not less than four (4) weeks from a recognised institution;
• Proficiency in computer applications; and
• Shown merit and ability as reflected in work performance and results.

Key Competencies and skills

• Excellent planning, analytical, negotiation, interpersonal and communication skills;
• Sound understanding of corporate governance and management in the public sector;
• Ability to develop and implement business, resource mobilisation, marketing and research strategies and techniques;
• Data analysis and reporting skills. 

How to Apply

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