Principal Accountant 1 Ref. No: MSEA-30/7/2019 at Micro and Small Enterprise Authority (MSEA)

Duties and Responsibilities

Duties and responsibilities at this level will entail:- supervising staff in the unit; developing and installing effective financial management systems and procedures; analysing accounting information detailing assets, liabilities and capital; preparing financial statements and other reports to summarise current and projected financial position; designing and coordinating the implementation and maintenance of financial information systems to cover the general ledger, asset management as well as revenue collection system; developing and implementing financial management system and procedures; coordinating the preparation of payment vouchers, cheque books; cash book records, financial statements, and entries to monthly accounts; coordinating reconciliation of general ledger control account with supplementary records, record keeping and accounting of security documents; coordinating reconciliation of cash book and bank transactions, reconciliation of statutory levy collection records and reconciliation of assets registers with the general ledger overseeing the proper maintenance, storage and security of financial and accounting documents; and preparing tax returns to ensure compliance with periodic tax payments.

Requirements for Appointment

For appointment to this grade an officer must have:-

• served in the grade of Senior Accountant or an equivalent position in the public/private sector for at least three (3) years;
• Bachelors degree in any of the following disciplines:- Commerce (Accounting/Finance Option), Finance, Economics, Business Administration, Business Management or its equivalent qualification from a recognized institution;
• Masters degree in any of the following disciplines:- Commerce (Accounting/Finance Option), Finance, Economics, Business Administration, Business Management or its equivalent qualification from a recognized institution; 
• Part IV of Certified Public Accountants of Kenya (CPAK) Examination or its equivalent qualification from a recognized institution;
• be Registered with Institute of Public Accountants (ICPAK) Kenya and a member in good standing;
• Strategic Leadership Development/Management course lasting not less than six (6) weeks from a recognized institution;
• have certificate in Accounts related computer application from a recognized institution; and
• have demonstrated merit and professional competence as reflected in work performance.

In addition, all prospective candidates MUST satisfy the requirements of leadership and integrity as set out in Chapter six (6) of the constitution of Kenya and attach the following documents to their applications:-

• Ethics and Anti-corruption Commission clearance Certificate (EACC)
• Kenya Revenue Authority Tax compliance Certificate (KRA)
• Higher Education Loans Board clearance Certificate(HELB)
• Certificate of Good Conduct from Criminal Investigation Department (CID)
• Certificate from Credit Reference Bureau