Finance Officer at Maseno University

Applicants for the position of Chief Finance Officer, Grade MNT 15 MUST be holders of the following qualifications and relevant work experience as indicated below:-

Qualifications

• Served in the grade of Deputy Chief Finance Officer for a minimum period of three (3) years;
• Bachelor’s degree in any of the following disciplines:- Commerce (Accounting or Finance option), Business Administration (Accounting or Finance option) or equivalent qualification from a recognized institution;
• Master’s degree in any of the following disciplines: – Business Administration (Finance or Accounting option); or equivalent qualification from a recognized institution.
• Part III of the Certified Public Accountants (CPA (K)) Examination or Part III of the Association of Certified Chartered Accountants (ACCA) or equivalent qualification from a recognized institution;
• Be registered with the Institute of Certified Public Accountants of Kenya (ICPAK), Institute of Internal Auditors or any other recognized professional body;
• Certificate in Strategic Leadership Course lasting not less than four (4) weeks from a recognized institution; and
• Demonstrated merit professional competence and managerial skills as reflected in work performance and results.

Responsibilities

• Developing, implementing, and ensuring internal financial and accounting policies and procedures in order to safeguard the University’s assets;
• Developing resource mobilization strategies in line with the university’s mandate in order to improve the financial base of the university;
• Providing leadership to the university’s finance and accounting strategy, to optimize the university’s financial performance and strategic position;
• Providing leadership in the development and implementation of the university’s budget to ensure optimal allocation of resources in the implementation of the strategic plan;
• Developing and implementing policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation;
• Overseeing management of university’s revenues and expenditure;
• Monitoring and ensuring timely preparation of management and statutory financial reports;
• Reviewing and investigating losses including making recommendations for write-offs requested by the University;
• Ensuring adherence to financial regulations, standards, circulars, and procedures, letters and instructions;
• Ensuring safe custody of University assets and records;
• Planning, organizing, coordinating and administration of all accounting activities;
• Maintaining an inventory of all university bank accounts;
• Ensuring prudent management of university funds;
• Facilitating responses to audit queries; and
• Mentoring and coaching staff in the department.

The above positions carry competitive remuneration packages which include among others, basic salary, medical cover, house, transport and leave allowances.