Senior Finance Officer job at Center for Strategy and Management Ltd

Vacancy title:
Senior Finance Officer

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

Center for Strategy and Management Ltd

Deadline of this Job:
14 September 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Friday, September 09, 2022 , Base Salary: Not Disclosed

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Learn more about Center for Strategy and Management Ltd
Center for Strategy and Management Ltd jobs in Kenya

Senior Finance Officer

Reporting Line: Head of Finance and Operations
Basic Salary: Ksh 180,000/--Ksh 225,000/-

A leading Non-Profit think tank based in Nairobi seeks to recruit a Senior Finance Officer.
The ideal candidate will oversee sound financial and administrative management of the organization’s activities and will perform finance and administrative tasks. S/he will ensure the achievement of financial controls and performance objectives in accordance with the organization’s requirements and other donors. S/he will ensure compliance with donor rules and regulations, prime implementer’s and internal policies and procedures.

Cash and Bank Management
• Review cheques and on-line payments done by the finance assistant to ensure they are in compliance with IAS, organizational and donor policies and regulations, with correct coding and supporting documentation.
• Review monthly petty cash counts and conduct surprise cash counts.
• Review vouchers of payment, receipt and journals relating to cash transactions against approved bills/invoices in relation to the project.
• Ensure all journals, payment vouchers, receipts are promptly keyed in/entered into the ERP system.
• Ensure proper process documentation of all financial transactions
• Ensure proper filing of finance related documentation.
• Provide the leadership with monthly cash projection needs of the organization.
• Prepare bank reconciliation statements and make adjustments, including following up on balance sheet items, including accruals, staff advances, prepayments and program grants
• Raise funds requests/invoices to donors.
• Reviewing Travel Expense Reports (TERs) for accuracy before approval by Line Managers
• Ensuring proper book of accounts are kept and maintaining a sound archiving (filing and retrieval) system
• Preparation of various supporting schedules to the financial statements to facilitate annual audit and assist in the fieldwork process.
• Preparations of year end accruals and monthly reconciliation of the accruals and make journals where necessary
• Preparation of the payroll journal and monthly reconciliation of the payroll control code
• Preparation and prompt settlement of statutory and other payroll deductions i.e. PAYE, NSSF, NHIF, Withholding tax, HELB, Co-operative contributions, Pension etc.
• Audits:
• Tracks donor audit schedules and requirements, collaboratively with internal and external auditors providing all required information to support audit processes and respond to audit queries and recommendations.
• Compliance
• Train staff on donor rules and regulations, compliance, standard operating procedures and Internal policies.
• Research on donor rules and regulations and advise staff and senior leadership team on compliance and risk management.
• Keep up to date with Kenyan law and regulations and proactively ensure seamless compliance across all office operations and donor projects
• Oversee timely visa processing, liaising with relevant government authorities and embassies.
• Oversee compliance with registration requirements with relevant bodies.
• Maintain organizational records related to corporate registration, charity compliance, government reporting, and other administrative matters.
• Ensure that all relevant paper trails/audit systems required for auditing are properly filed and readily accessed in coordination with the Finance team.
• Ensure positive relationships and engagement with Board of Governors.
• Administration
• Ensure that all administrative support services including arrangement of appointments, meetings/workshops/trainings and other logistical services are in place.
• Ensure all travel bookings are made via recommended travel agencies/platforms and make necessary arrangements for staff/visitors’ accommodations.
• Responsible for the office lease, overseeing matters related to lease agreements, the physical office space, repairs, and office security and liaising with the Landlord on any relevant issues.
• In collaboration with the IT, manage the IT requirements for the office and ensure staff are fully equipped with proper and recommended IT hardware and software.
• Overseeing maintenance and update all fixed assets in the office.
• Line management of the support staff (i.e., Catering staff, Housekeeper and Conduct
• Performance appraisals for the same.

Other Duties
• Any other reasonable and relevant area of work, depending on the emerging needs of the organisation.

• Relevant third level qualification
• Post-graduate qualification in relevant field a plus.
• At least 4 years’ practical experience in a similar role within the NGO Sector and reporting for USAID and FCDO funded programs

• Understanding and experience of administration, procurement, finance and logistics systems.
• Excellent coordination and communication skills.
• Strong computer skills, especially with MS Word, Excel and related packages.
• Excellent communication skills.
• Skilled in data and knowledge management and the use of systems
• Fluency in written and spoken English.
• Shows drive, initiative, courage, integrity and accountability.
• Possesses an unwavering sense of integrity.
• Committed to continuing personal and professional development and to supporting the professional development of colleagues.
• Builds strong relationships and works effectively on a team, cross-organizationally and with external stakeholders.
• Manages time and resources efficiently.
• Able to take decisions and take actions independently.
• Possesses a high level of attention to detail.
• Shows flexibility, adapts easily to change.

Work Hours: 8

Experience in Months: 48

Level of Education:
Postgraduate Degree

Job application procedure

Interested and qualified candidates should forward their CV to:  using the position as subject of email.

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 14 September 2022
Duty Station: Nairobi
Posted: 10-09-2022
No of Jobs: 1
Start Publishing: 10-09-2022
Stop Publishing (Put date of 2030): 10-09-2066
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