Financial Controller at ACAL Consulting

Reporting and Location Reporting to the Programme Coordinator, the Financial Controller will be stationed in Nyeri with occasional visits in the country and the Programme target Counties. Terms of Service: A one (1) year contract with a six-month probation period renewable every year on continued satisfactory performance. Remuneration Competitive

KEY RESPONSIBILITIES

FINANCE

• Timely production of all financial statements as per recommended formats required by the financing agreements and by the National legislation;
• Management of Programme bank accounts;
• Payment of suppliers’ invoices upon approval by the technical officers and management;
• Approval of payments by cheques, petty cash or any other legal method;
• Daily, weekly and monthly follow-up of the Programme bank accounts in view of timely and sufficient replenishments of funds to avoid any disruption of the activities of the Programme;
• Preparation of withdrawals applications of Programme funds from the loan/grant accounts of Programme financiers as per directives and methods duly approved and directed by them.

ACCOUNTS

• Management of the department of accounting to ensure timely monthly, quarterly and annual production of financial statements run by the procured financial management software;
• Presentation of accounts in accordance with National and international standards generally accepted and detailing accounts per nature, origin, destination, budget, location of the resources and expenditures;
• Strict, regular follow-up of the justification of expenditure to be  provided by Programme Partners, including external service providers;
• Close collaboration with the other chief accountants of IFAD-supported projects for the establishment of a cost effective system of protection of the Programme assets and an efficient system of distribution of fuel and office consumables;
• Close collaboration with the ABDP M&E Officer for the establishment of the M&E system and the connection between this system and the accounting system;
• Supervising the ABDP Account.

AUDITS:

• Prepare for and facilitate independent audit missions as required by the financing agreements and the National legislation and ensure the follow-up to the recommendations of these missions;
• Collaborate with the eventual Internal Auditor with a view to improving the accountability, transparency and efficiency of the Programme operations;
• Ensure that Programme funds are always available and disbursed for eligible expenditures and managed as per financier rules and National legislation;
• Ensure that Financial Statements and audit reports are issued timely and reflect the actual situation of resources and use of Programme funds with indicators of Programme performance;
• Ensure that there are cost effective systems of protection of the assets, including production of statistical accounting information for the M&E system;
• Any other assignment or relevant duties in the field of his/her competences as may be reasonably assigned.

Key Qualifications

• A Bachelor`s Degree in Accounting, Finance or related discipline from a recognized institution.
• A professional accounting qualification ACCA /CPA(K) or equivalent;
• A Master`s Degree in Finance, Economics, Business Management, Business Administration or related discipline will be an added advantage;
• A valid membership with ICPAK or its equivalent;
• Practical experience of at least eight  (8) years in project financial management and accounting procedures in or with internationally financed projects (with IFAD will be an added advantage) ;
• Ability to have excellent relations with all Programme partners at international, National, provincial and County levels; effective and efficient assistance to the various Programme partners, for all Programme Components;
• A good knowledge of computer applications in the above related matters;
• Fluent (reading, writing and speaking) in English and in Kiswahili.

Applicants will be required to satisfy the requirements of Chapter Six of Kenya Constitution 2010 by attaching copies of the following:

• Certificate of Good Conduct from the Director of Criminal Investigations;
• Clearance Certificate from the Higher Education Loans Board;
• Tax Compliance Certificate from the Kenya Revenue Authority;
• Clearance from the Ethics and Anti-Corruption Commission; and
• Report from an Approved Credit Reference Bureau.