Financial Management & Accounting Assistant Manager at KPMG

Vacancy No. FRC/16/2017

Position Description

Reporting to the Director Corporate Affairs HR & Administration, he/she will be responsible for ensuring effective utilisation of the financial resources of FRC, including achieving cost efficiency in line with the Commission’s defined goals and objectives.

Financial Management & Accounting Assistant Job Responsibilities

• Provide leadership and strategic direction in the execution of the financial management and accounting department’s work plans and programmes.
• Coordinate the development of FRC’s budget, and the allocation / distribution of financial resources in line with the agency’s short, medium and long-term strategic plans.
• Identify risks and long-term financial implications of intended projects / initiatives, and advise the Director accordingly.
• Develop and implement cost management strategies to monitor and control costs.
• Develop investment strategies that will ensure high returns on investment while assuring liquidity for the FRC’s operations.
• Develop and maintain strategic relationships with key banks and other financial institutions.
• Ensure implementation of an effective and adequate financial controls
• Ensure availability of adequate funding as required for FRC’s operations, in line with the FRC’s financial policies
• Coordinate timely preparation of financial statements and ensure that the statements reflect FRC’s financial position and comply with statutory and regulatory requirements.
• Manage the interface between FRC and Auditor General to ensure FRC’s financial interest is protected.
• Participate in management meetings and provide insight into the financial position of FRC and opportunities that can be explored.
• Continuously review the department’s policies, processes and activities, and make recommendations for improvement to the Director.
• Ensure on-going incorporation of leading practices in the operations and activities of the department.
• Prepare and implement FRC monthly and annual budget and oversee the accounting functions such as and not limited to payments, receivables, timely submission of financial statements, and preparation of annual financial reports and processing of payroll.
• Liaise with the Treasury in respect of FRC financial management/budgetary provisions.

Qualifications for the Financial Management & Accounting Assistant Job

• First degree in any discipline
• Professional accounting certification (mandatory), e.g. ACA, ACCA, CPA, CIMA
• Eight (8) years’ experience in a reputable organisation with at least three (3) years in a similar role.
• Experience in strategic financial planning and analysis.
• Full membership in a relevant Professional body in good standing.

Additional Skills and Competencies

• Understanding of the FRC’s responsibilities together with a working knowledge of Kenya’s anti-money laundering and counter terrorism financing regime.
• Demonstrated strong stakeholder relationship management.
• Track record of providing intellectual leadership, delivering high quality results with notable achievements.
• Financial and business management knowledge and skills.
• Excellent proven interpersonal, verbal and written communication skills.
• Demonstrate ability to manage and supervise staff.
• Effective decision making, problem solving and mediation skills.
• Demonstrated ability to share skills and knowledge with others.
• Proficiency with office computer equipment and software.
• Demonstrated ability to prioritize tasks and manage high workloads.