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  • Posted: May 29, 2017
    Deadline: Jun 3, 2017
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    HISTORY The Agricultural Finance Corporation (AFC), a wholly owned Government Development Finance Institution (DFI), was established in 1963 initially as a subsidiary of the Land and Agricultural Bank. In 1969, it was incorporated as a full - fledged financial institution under the Agricultural Finance Corporation Act, Cap 323 of the laws of Kenya. It was t...
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    Accountant

    Supervise branch accounting operations to ensure accountability and enforcement of internal checks and controls in line with established procedures.

    Responsibilities for the Accountant Job

    • Safeguard and maintain the Corporation’s assets in the branch to ensure all the assets are properly utilized and accounted;
    • Supervise receipt of all cash collections in the branch and ensure that banking receipting of these monies to ensure accountability and audit trail of all branch collections;
    • Review and confirm accuracy of client accounts to ensure an up to date record of loan accounts in the branch;
    • Participate and provide secretarial services in the branch Loans Committee, Branch Arrears Committee,
    • Disposal of Old Assets and Branch Staff committee so as to ensure accurate recording of proceedings and follow up of actions;
    • Participate in the preparation and implementation of the branch annual plans and budgets to ensure the branch realizes its targets;
    • Supervise the preparation of weekly imprest claims and monthly reconciliations of imprest, collections and
    • Mpesa accounts to ensure accountability of branch cash collections;
    • Monitor and analyze the branch expenditure and variances and recommendations to the branch manager on areas of improvement;
    • Verify the transmittal cash book, create a batch in the equinox banking system so as to ensure all the daily cash operations balances;
    • Check the Mpesa transactions sheet and cash book on daily basis so as to ensure accountability of Mpesa operations;
    • Ensure all the overnight cash are accounted for and safely kept in the safe so as to ensure safety of Corporation’s money;
    • Manage the settlement of supplier’s invoices and payments in a timely manner andin line with established procedures;
    • Prepare discharge of charge upon clearance of loan balances by the clients so as toensure timely release of securities;
    • Supervise the branch registry in order to ensure all the branch files are serially kept for ease of retrieval;
    • Apply parallel credit balances daily to their respective accounts which are in arrears so as to update the accounts in order to reflect the true status at any given time;

    Requirements for the Accountant Job

    • Bachelor’s degree in Accounting, Finance, Business Administration or its equivalent from a recognized university
    • Certified Public Accountant CPA II or its equivalent
    • A minimum of 3 years relevant work experience preferably in a financial institution

    Other skills

    • A demonstrable ability to drive organizational value through the implementation of appropriate and diligent financial management practices;
    • Have demonstrated personal integrity;
    • Strong leadership and management skills;
    • Problem solving , analytical and orientation to detail skills;
    • Excellent interpersonal, presentation, oral and written communication skills;
    • Ability to make critical and timely decisions in a highly sensitive environment;
    • Familiarity with the Public Sector financial accounting principles and procedures;
    • Must be computer literate.

    Method of Application

    Interested candidates may access detailed job specifications, duties and responsibilities for the positions and the experience required on our website www.agrifinance.org.

    Successful candidates will be offered competitive salary and benefits package. Applications with detailed curriculum vitae including three referees with their current telephone contacts, copies of certificates and testimonials should be addressed to: –

    The Managing Director Agricultural Finance Corporation Development House 7th Floor, Moi Avenue P.O. Box 30367 – 00100 GPO NAIROBI

    Closing date for applications is 3rd June 2016 at 5.00 pm. AFC is an equal opportunity Employer. Lack of inclusions of all details as sought for or any form of canvassing shall lead to automatic disqualification. Only shortlisted candidates shall be contacted.

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