Finance Officer at Commission on Revenue Allocation

SCALE – CRA 5

Reporting to Finance Manager, the job holder will assist in the administration of the financial systems, planning of management accounts, monitoring expenditures and enforcing compliance.

Main Duties & Responsibilities

• Develop and implement financial policies and regulations in line with the government financial regulations and the PFM Act (2012).
• Must be able to prepare financial statements in line with recommended international Public-Sector Accounting Standards (IPSAS – Accrual basis).
• Preparation of monthly management accounts and expenditure controls reviewed by the Finance committee of the Commission.
• Maintenance of timely and accurate records on fixed assets including depreciation and Net book value of assets.
• Carrying out of end of year procedures e.g. posting of accruals, prepayment and acquisition of bank statements and certificates of balance.
• Ensure proper coordination of both systems and final audits.
• Oversee submission of corporate tax returns for the Commissions.
• Preparation of board papers for the Finance Committee and reports to the full Commission.
• Oversee adherence to statutory regulations especially for salary clearances by the accounts assistant.
• Oversee timely preparation of monthly bank reconciliations.
• Oversee accuracy of posting in the general ledger and proper book keeping.

Academic Qualifications:

• A Bachelor’s degree in Commerce, Finance, Economics or any other in the financial field.
• Possession of at least CPA(K)/ACCA.
• At least one accounting package qualification will be an added advantage.
• Possession of a Masters’ degree will be an added advantage.

Experience, Knowledge And Skill Requirements:

• A minimum of five (5) years’ experience in an accounting environment.
• Knowledge in IFMIS and ERP processes.
• Excellent knowledge of relevant computer software and applications.
• Strong managerial skills, including motivating, developing, coaching and leading teams.
• He/she must be a person of integrity, demonstrate excellent interpersonal skills and be a team player.
• Competent and organized.
• Excellent interpersonal and communication skills.
• Ability to work in a team.
• Membership to a Professional body is desired.