Job Title: HEAD OF FINANCE AND ACCOUNTS | KNQA/NO.5/2021
Qualifications, Skills and Experience
A minimum period of ten (10) years relevant work experience eight (8) of which should have been in management;
Bachelor’s Degree (KNQF Level 7 or equivalent) in Commerce, Business Administration, Business Management (Finance or Accounting option) or other relevant and equivalent qualifications from a recognized institution;
Master’s Degree (KNQF Level 9) in any of the following: Accounting, Business Administration, Finance or their equivalent qualification from a recognized Institution;
Certified Public Accountant Part III (CPA K) or Associate of Certified Chartered Accountant (ACCA);
Management Course lasting not less than four (4) weeks from a recognized institution;
Membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
Proficiency in computer applications;
Key Duties and responsibilities entails
Managing all issues regarding the financing of Kenya National Qualifications Authority activities;
Participating in Development and implementation of sound financial management policies and procedures;
Consolidating the Authority printed budget estimates and revised budget as per guidelines issued by National Treasury;
Forecasting Annual cash flow requirements and coordinate preparation of annual budgets;
Scheduling all payments within the Authority budgetary provisions;
Ensuring Budgetary and cost control by reviewing expenditure returns from departments, prepare variance analysis and recommend corrective action;
Guiding other departments by interpreting government accounting policy and applying it in all operations of the Authority;
Planning and coordinating timely preparation of annual Work Plans and budget estimates;
Developing and managing internal controls and compliance;
Participate in Public Private Partnership program strategies and resource mobilization;
Analyzing and interpret financial reports and other accounting records;
Ensure prudent and optimal utilization of Authority funds and Assets;
Managing proper records of financial transactions;
Overseeing preparation of the final Annual Statement of Accounts in accordance with accounting standards and procedures and submission to relevant institutions;
Reviewing and ensuring timely and accurate preparation of management accounting reports on quarterly and annual basis;
Maintaining accurate and complete financial record of the Authority and regularly review the financial system;
Undertaking financial risk management;
Monitoring and evaluating funds applications and accountability;
Ensuring compliance with applicable financial statutory obligations and circulars;
Ensuring proper Revenue and Treasury Management and reporting.