Chief Accountant at National Industrial Training Authority (NITA)

(Grade 11)

Reporting to the Manager Finance, the job holder will be responsible for overseeing the implementation of sound financial management and control systems in the Authority while ensuring compliance with the International Financial Rules and Regulation. The job holder will also be responsible for:

Chief Accountant Job Responsibilities

• Managing, updating and reviewing subsidiary ledgers and reconciling them to the general ledger;
• Ensuring supplier and customer accounts are reconciled on monthly basis;
• Ensuring proper Management of cash through implementation of controls;
• Reviewing bank reconciliations on weekly basis;
• Ensuring tax compliance in all operations;
• Preparing annual statutory accounts and manage statutory audits as well as implement the agreed upon internal audit recommendations;
• Analyzing customer credit data and financial statements to determine the degree of risks involved;
• Maintaining book of debtors, debt accounts and monitor payments and update records and periodically reconcile their accounts;
• Reviewing individual or commercial customer files to identify and select delinquent accounts for collection and advising Management on creditors that need to be written off as bad debts and or deal with liquidators and collection agencies;
  Evaluating customer records and recommend payment plans based on earnings, savings data, payment history and purchase activity

Requirements for the Chief Accountant Job

• Have a Master’s degree in either MBA-Finance or Accounting option, MSc. Finance or Accounting option or any other related field from a recognized institution;
• Have a Bachelor’s Degree in Commerce, or Business Management specializing in Finance or Accounting or any other related field from a recognized institution;
• Have attained full accounting qualifications (CPA (final),ACCA) or equivalent qualification;
• Have at seven (7) years’ relevant work experience. The seven (7) years relevant work experience in a State Owned Organization will be an added advantage;;
• Have attended a Senior Management Course lasting not less than four (4) weeks from a recognized Institution;
• Have attended a Senior Financial Management course lasting at least four (4) weeks from a recognized Institution;
• Be proficient in Financial management based computer application skills;
• Be a registered member of ICPAK in good standing;
• Have demonstrated a high degree in work ethics and competencies.
• Meet the requirements of Chapter Six (6) of the Constitution of Kenya