Background

Principal Finance Officer oversees financial planning and budgeting, requires a relevant business/finance degree, CPA(K), 4-week management course, and 9+ years experience (including 3+ at Senior Finance Officer level). Full-time role in Nairobi.

Responsibilities

Duties and responsibilities at this level will entail:

• Developing and implementing strategies, guidelines, standards and procedures for Finance and Accounts;
• Approving payment of vouchers and committal documents in accordance with laid down regulations;
• Monitoring expenditures against approved budgets;
• Monitoring and evaluating revenue collection processes;
• Preparing financial reports and analyze income and expenditure against budgets;
• Preparing monthly bank reconciliation and reconciliation of debtors and creditors ledgers;
• Preparing and reviewing management financial reports;
• Maintaining up to date and accurate books and accounts;
• Ensuring timely and proper bank reconciliation;
• Ensuring safe custody of financial records, documents, cheque books and assets;
• Developing budget proposals and financial plans; and
• Reviewing petty cash reconciliation and facilitate withdrawal of cash for office use and ensuring safety of the same at all times.

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 in the grade of Senior Finance Officer or a comparable position;
• Bachelor degree in any of the following discipline: Commerce (Accounting/ Finance Option), Business Management (Accounting/ Finance Option), Economics, or equivalent qualification from a recognized institution;
• Passed Part III of the Certified Public Accountant (CPA K);
• Membership of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body in good standing;
• Management course lasting not less than four (4) weeks from a recognized institution; and
• Proficiency in computer applications.

• Developing and implementing strategies, guidelines, standards and procedures for Finance and Accounts;
• Approving payment of vouchers and committal documents in accordance with laid down regulations;
• Monitoring expenditures against approved budgets;
• Monitoring and evaluating revenue collection processes;
• Preparing financial reports and analyze income and expenditure against budgets;
• Preparing monthly bank reconciliation and reconciliation of debtors and creditors ledgers;
• Preparing and reviewing management financial reports;
• Maintaining up to date and accurate books and accounts;
• Ensuring timely and proper bank reconciliation;
• Ensuring safe custody of financial records, documents, cheque books and assets;
• Developing budget proposals and financial plans; and
• Reviewing petty cash reconciliation and facilitate withdrawal of cash for office use and ensuring safety of the same at all times.

• Proficiency in computer applications

• Cumulative service period of nine (9) years’ relevant work experience, three (3) of which should have been in the grade of Senior Finance Officer or a comparable position;
• Bachelor degree in any of the following discipline: Commerce (Accounting/ Finance Option), Business Management (Accounting/ Finance Option), Economics, or equivalent qualification from a recognized institution;
• Passed Part III of the Certified Public Accountant (CPA K);
• Membership of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body in good standing;
• Management course lasting not less than four (4) weeks from a recognized institution;
• Proficiency in computer applications.