Senior Finance Assistant
2025-04-30T11:09:10+00:00
World Bank Group
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https://www.worldbank.org/
FULL_TIME
Nairobi
Nairobi
00100
Kenya
Nonprofit, and NGO
Accounting & Finance
2025-05-07T17:00:00+00:00
Kenya
8
Senior Finance Assistant
Duties & Responsibilities
- Country Office accounting, Asset and Funds Management:
- Process timely payments run for locally paid vendors and follow up any queries.
- Process E-payable transactions via the workflow and ensure compliance of the requests, and correctness of the entries.
- Review expenses for accuracy, proper approval, and correct categorization; ensure correction of any errors or discrepancies to maintain financial integrity.
- Process journal entries and payroll adjustments in SAP when needed.
- Ensure the proper booking of accruals and prepayments entries.
- Process staff loans, travel advances, and rental advance requests.
- In collaboration with facilities team, conduct annual physical asset inventory count and update SAP asset records.
- Ensure the compliance of the fixed assets registration and disposal process as per the policies.
- Ensure the correct and timely posting of Memorandum of Understanding (MOU) chargeback.
- Ensure bank authorized signatories and certificate of designations update.
- Monitor and ensure replenishment of the local Imprest bank account.
- Ensure segregation of duty in petty cash management and that petty cash counts are done, when supporting other offices as a backup.
Monitoring & Reporting:
- Prepare and submit Monthly Statement Reports (MSR) in the Country Office Accounting Portal (COAP) while ensuring the accuracy of the Business Area Master and Business Area Contact sections.
- Support the Country Office budget monitoring, analysis, and monthly reporting activities.
- Prepare centralized overheads forecast and balances for emergency preparedness templates.
- Follow up for timely submission of Statement of Expenses (SOE) and ensure timely recovery of staff receivables.
- Monitor admin portal purchase orders transactions and ensure closure of purchase orders as per the WBG guidelines.
- Provide ad-hoc reports at the request of the Management (travel, SAP profiles, unreconciled procurement cards statement etc.).
Other Responsibilities:
- Work with the Head of the Country Office to ensure a strong control environment in the office, providing advice on internal control issues.
- Provide guidance on WBG / IFC policies and procedures; this includes performing knowledge sharing sessions with ACS and other staff and ensure WBG guidelines and best practices are communicated and implemented.
- Onboard new staff members on finance related matters, systems, travel, policies and perform interim support for colleagues when necessary.
- Provide guidance to vendors as well as other staff on tools and systems (vendor kiosk portal, myTravel, admin portal, SAP etc.).
- Liaise with Procurement Specialist when needed and advise on procurement guidelines and vendor selection and registration process.
- Respond to scorecard / quality assurance / internal review for improvement (IRI) / audit queries as needed and implement the action plan.
- Ensure proper filing of all documents as per the record retention policy.
- Liaise with Chennai teams: Imprest / Payroll / Accounts Receivable / Travel audit / Accounts Payable / Financial Assistance as needed.
- Liaise with IBRD and MIGA finance colleagues on various topics (Joint Country Representation support, MOU etc.).
- Liaise with banks in connection with IFC local Imprest account monitoring.
- Follow up of staff termination process with HR team (financial aid balance, any other outstanding balances, Procurement Cards cancellation etc.).
Selection Criteria
- Bachelor’s degree in accounting, Finance, Business or Economics with at least 3 years of working experience in finance or accounting roles.
- Recognized professional certification (CPA, CMA, CIMA, ACCA, etc.) is a plus.
- Sound knowledge and understanding of accounting theories, concepts and principles, financial accounting reporting, budgeting, and cost allocations.
- Ability to analyze and synthesize information, interpret data, retrieve information, and clearly and concisely communicate results.
- Good data mining skills with working knowledge of Microsoft Package.
- Experience with data analytics (Power BI) / AI tools will be appreciated.
- Prior experience in ERP applications (SAP) is a significant advantage.
- Ability to understand risk management principles and monitor the effectiveness of internal controls processes.
- Strong communication skills with the ability to prepare, present and discuss findings in written or oral form.
- Diligence and attention to detail.
- Excellent interpersonal skills and team player, with the ability to work in a multi-cultural environment.
- Ability to manage multiple, concurrent tasks with tight deadlines.
- Ability to function effectively in multi-disciplinary teams within a matrix management environment.
- Fluency in English is required.
Country Office accounting, Asset and Funds Management: Process timely payments run for locally paid vendors and follow up any queries. Process E-payable transactions via the workflow and ensure compliance of the requests, and correctness of the entries. Review expenses for accuracy, proper approval, and correct categorization; ensure correction of any errors or discrepancies to maintain financial integrity. Process journal entries and payroll adjustments in SAP when needed. Ensure the proper booking of accruals and prepayments entries. Process staff loans, travel advances, and rental advance requests. In collaboration with facilities team, conduct annual physical asset inventory count and update SAP asset records. Ensure the compliance of the fixed assets registration and disposal process as per the policies. Ensure the correct and timely posting of Memorandum of Understanding (MOU) chargeback. Ensure bank authorized signatories and certificate of designations update. Monitor and ensure replenishment of the local Imprest bank account. Ensure segregation of duty in petty cash management and that petty cash counts are done, when supporting other offices as a backup. Monitoring & Reporting: Prepare and submit Monthly Statement Reports (MSR) in the Country Office Accounting Portal (COAP) while ensuring the accuracy of the Business Area Master and Business Area Contact sections. Support the Country Office budget monitoring, analysis, and monthly reporting activities. Prepare centralized overheads forecast and balances for emergency preparedness templates. Follow up for timely submission of Statement of Expenses (SOE) and ensure timely recovery of staff receivables. Monitor admin portal purchase orders transactions and ensure closure of purchase orders as per the WBG guidelines. Provide ad-hoc reports at the request of the Management (travel, SAP profiles, unreconciled procurement cards statement etc.). Other Responsibilities: Work with the Head of the Country Office to ensure a strong control environment in the office, providing advice on internal control issues. Provide guidance on WBG / IFC policies and procedures; this includes performing knowledge sharing sessions with ACS and other staff and ensure WBG guidelines and best practices are communicated and implemented. Onboard new staff members on finance related matters, systems, travel, policies and perform interim support for colleagues when necessary. Provide guidance to vendors as well as other staff on tools and systems (vendor kiosk portal, myTravel, admin portal, SAP etc.). Liaise with Procurement Specialist when needed and advise on procurement guidelines and vendor selection and registration process. Respond to scorecard / quality assurance / internal review for improvement (IRI) / audit queries as needed and implement the action plan. Ensure proper filing of all documents as per the record retention policy. Liaise with Chennai teams: Imprest / Payroll / Accounts Receivable / Travel audit / Accounts Payable / Financial Assistance as needed. Liaise with IBRD and MIGA finance colleagues on various topics (Joint Country Representation support, MOU etc.). Liaise with banks in connection with IFC local Imprest account monitoring. Follow up of staff termination process with HR team (financial aid balance, any other outstanding balances, Procurement Cards cancellation etc.).
Ability to analyze and synthesize information, interpret data, retrieve information, and clearly and concisely communicate results. Good data mining skills with working knowledge of Microsoft Package. Experience with data analytics (Power BI) / AI tools will be appreciated. Prior experience in ERP applications (SAP) is a significant advantage. Ability to understand risk management principles and monitor the effectiveness of internal controls processes. Strong communication skills with the ability to prepare, present and discuss findings in written or oral form. Diligence and attention to detail. Excellent interpersonal skills and team player, with the ability to work in a multi-cultural environment. Ability to manage multiple, concurrent tasks with tight deadlines. Ability to function effectively in multi-disciplinary teams within a matrix management environment.
Bachelor’s degree in accounting, Finance, Business or Economics with at least 3 years of working experience in finance or accounting roles. Recognized professional certification (CPA, CMA, CIMA, ACCA, etc.) is a plus. Sound knowledge and understanding of accounting theories, concepts and principles, financial accounting reporting, budgeting, and cost allocations.
JOB-681204d6306c7
Vacancy title:
Senior Finance Assistant
[Type: FULL_TIME, Industry: Nonprofit, and NGO, Category: Accounting & Finance]
Jobs at:
World Bank Group
Deadline of this Job:
Wednesday, May 7 2025
Duty Station:
Nairobi | Nairobi | Kenya
Summary
Date Posted: Wednesday, April 30 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Senior Finance Assistant
Duties & Responsibilities
- Country Office accounting, Asset and Funds Management:
- Process timely payments run for locally paid vendors and follow up any queries.
- Process E-payable transactions via the workflow and ensure compliance of the requests, and correctness of the entries.
- Review expenses for accuracy, proper approval, and correct categorization; ensure correction of any errors or discrepancies to maintain financial integrity.
- Process journal entries and payroll adjustments in SAP when needed.
- Ensure the proper booking of accruals and prepayments entries.
- Process staff loans, travel advances, and rental advance requests.
- In collaboration with facilities team, conduct annual physical asset inventory count and update SAP asset records.
- Ensure the compliance of the fixed assets registration and disposal process as per the policies.
- Ensure the correct and timely posting of Memorandum of Understanding (MOU) chargeback.
- Ensure bank authorized signatories and certificate of designations update.
- Monitor and ensure replenishment of the local Imprest bank account.
- Ensure segregation of duty in petty cash management and that petty cash counts are done, when supporting other offices as a backup.
Monitoring & Reporting:
- Prepare and submit Monthly Statement Reports (MSR) in the Country Office Accounting Portal (COAP) while ensuring the accuracy of the Business Area Master and Business Area Contact sections.
- Support the Country Office budget monitoring, analysis, and monthly reporting activities.
- Prepare centralized overheads forecast and balances for emergency preparedness templates.
- Follow up for timely submission of Statement of Expenses (SOE) and ensure timely recovery of staff receivables.
- Monitor admin portal purchase orders transactions and ensure closure of purchase orders as per the WBG guidelines.
- Provide ad-hoc reports at the request of the Management (travel, SAP profiles, unreconciled procurement cards statement etc.).
Other Responsibilities:
- Work with the Head of the Country Office to ensure a strong control environment in the office, providing advice on internal control issues.
- Provide guidance on WBG / IFC policies and procedures; this includes performing knowledge sharing sessions with ACS and other staff and ensure WBG guidelines and best practices are communicated and implemented.
- Onboard new staff members on finance related matters, systems, travel, policies and perform interim support for colleagues when necessary.
- Provide guidance to vendors as well as other staff on tools and systems (vendor kiosk portal, myTravel, admin portal, SAP etc.).
- Liaise with Procurement Specialist when needed and advise on procurement guidelines and vendor selection and registration process.
- Respond to scorecard / quality assurance / internal review for improvement (IRI) / audit queries as needed and implement the action plan.
- Ensure proper filing of all documents as per the record retention policy.
- Liaise with Chennai teams: Imprest / Payroll / Accounts Receivable / Travel audit / Accounts Payable / Financial Assistance as needed.
- Liaise with IBRD and MIGA finance colleagues on various topics (Joint Country Representation support, MOU etc.).
- Liaise with banks in connection with IFC local Imprest account monitoring.
- Follow up of staff termination process with HR team (financial aid balance, any other outstanding balances, Procurement Cards cancellation etc.).
Selection Criteria
- Bachelor’s degree in accounting, Finance, Business or Economics with at least 3 years of working experience in finance or accounting roles.
- Recognized professional certification (CPA, CMA, CIMA, ACCA, etc.) is a plus.
- Sound knowledge and understanding of accounting theories, concepts and principles, financial accounting reporting, budgeting, and cost allocations.
- Ability to analyze and synthesize information, interpret data, retrieve information, and clearly and concisely communicate results.
- Good data mining skills with working knowledge of Microsoft Package.
- Experience with data analytics (Power BI) / AI tools will be appreciated.
- Prior experience in ERP applications (SAP) is a significant advantage.
- Ability to understand risk management principles and monitor the effectiveness of internal controls processes.
- Strong communication skills with the ability to prepare, present and discuss findings in written or oral form.
- Diligence and attention to detail.
- Excellent interpersonal skills and team player, with the ability to work in a multi-cultural environment.
- Ability to manage multiple, concurrent tasks with tight deadlines.
- Ability to function effectively in multi-disciplinary teams within a matrix management environment.
- Fluency in English is required.
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
Job application procedure
Interested and qualified? Go to World Bank Group on worldbankgroup.csod.com to apply
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