Background

The Higher Education Loans Board, HELB, is the leading financier of higher education in Kenya. It is a State Corporation under the then Ministry of Higher Education, Science and Technology. HELB was established by an Act of Parliament (Cap 213A) in 1995.The mandate of the Board is to disburse loans, bursaries and scholarship to students pursuing higher educa...

Job Profile

The job holder is responsible for coordinating preparation of annual budget and forecasts, Monitoring & Evaluation of budget performance for all cost centres in accordance to the PFM Act 2012 and the National Treasury guidelines and other relevant legal framework, coordination of daily bank reconciliations, both external and internal audits, preparation of management and Financial Reports.

Job Specifications

Duties and responsibilities at this level will entail: -

• Providing leadership and direction to the Management Accounting Section through people management to ensure the team operates effectively and efficiently in achieving organizational goals;
• Overseeing the preparation and presentation of accurate periodic financial reports and insights to management and stakeholders;
• Overseeing formulation, implementation and monitoring of budgets that are aligned to the organization’s goals and objectives;
• Overseeing coordination of financial audit and implementation of financial audit recommendations;
• Coordinating the implementation of financial plans and financial analysis, forecasts, and budgets of the plans to support strategic decision-making;
• Coordinating the implementation of cost management framework that optimize operational efficiency and minimize wastage;
• Coordinating the implementation of risk management framework in the section;
• Ensuring compliance with the relevant legal regulatory framework, standards and reporting requirements;
• Coordinating the implementation and maintenance of financial systems and software that support efficient operations and reporting;
• Coordinating the implementation and maintenance of internal controls that safeguard assets and ensure proper management of financial records;
• Assisting in developing and implementing financial strategies to achieve organization’s goals and objectives;
• Collaboration with other departments and stakeholders to achieve financial goals and support overall organizational objectives;
• Managing collaborations and partnerships with financial institutions for management of institutions funds and sponsorship.

Person Specifications

For appointment to this grade, an officer must have: -

• Served for a cumulative period of twelve (12) years relevant work experience, three (3) of which must have been at the grade of Principal Accountant or a comparable position;
• Bachelor’s degree in Finance, Accounts, Economics, Business Administration or any other relevant qualifications;
• Master’s degree in Finance, Accounting, Economics, Business Administration or any other relevant qualifications;
• Passed the Certified Public Accountants (CPA- K) examination or equivalent qualification from a recognized institution;
• Member of Institute of Certified Public Accountants in good standing;
• A valid practicing certificate where applicable;
• Leadership course certificate lasting not less than four (4) weeks from a recognised institution;
• Certificate in Computer applications; and
• Shown merit and ability as reflected in work performance and results.

Key Skills & Competencies

• Supervisory skills;
• Financial Reporting skills;
• Interpersonal skills;
• Communication skills;
• Data analysis and problem solving;
• Team management skills;
• Emotional Intelligence;
• Ability to inspire teams;
• Strategic Leadership;
• Higher education financing knowledge;
• Financial management

• Providing leadership and direction to the Management Accounting Section through people management to ensure the team operates effectively and efficiently in achieving organizational goals;
• Overseeing the preparation and presentation of accurate periodic financial reports and insights to management and stakeholders;
• Overseeing formulation, implementation and monitoring of budgets that are aligned to the organization’s goals and objectives;
• Overseeing coordination of financial audit and implementation of financial audit recommendations;
• Coordinating the implementation of financial plans and financial analysis, forecasts, and budgets of the plans to support strategic decision-making;
• Coordinating the implementation of cost management framework that optimize operational efficiency and minimize wastage;
• Coordinating the implementation of risk management framework in the section;
• Ensuring compliance with the relevant legal regulatory framework, standards and reporting requirements;
• Coordinating the implementation and maintenance of financial systems and software that support efficient operations and reporting;
• Coordinating the implementation and maintenance of internal controls that safeguard assets and ensure proper management of financial records;
• Assisting in developing and implementing financial strategies to achieve organization’s goals and objectives;
• Collaboration with other departments and stakeholders to achieve financial goals and support overall organizational objectives;
• Managing collaborations and partnerships with financial institutions for management of institutions funds and sponsorship.

• Supervisory skills;
• Financial Reporting skills;
• Interpersonal skills;
• Communication skills;
• Data analysis and problem solving;
• Team management skills;
• Emotional Intelligence;
• Ability to inspire teams;
• Strategic Leadership;
• Higher education financing knowledge;
• Financial management

• Served for a cumulative period of twelve (12) years relevant work experience, three (3) of which must have been at the grade of Principal Accountant or a comparable position;
• Bachelor’s degree in Finance, Accounts, Economics, Business Administration or any other relevant qualifications;
• Master’s degree in Finance, Accounting, Economics, Business Administration or any other relevant qualifications;
• Passed the Certified Public Accountants (CPA- K) examination or equivalent qualification from a recognized institution;
• Member of Institute of Certified Public Accountants in good standing;
• A valid practicing certificate where applicable;
• Leadership course certificate lasting not less than four (4) weeks from a recognised institution;
• Certificate in Computer applications; and
• Shown merit and ability as reflected in work performance and results.