Deputy Director, Finance and Accounts at Nairobi Metropolitan Area Transport Authority

Duties and Responsibilities

Specifically, duties and responsibilities will entail:

• Manage all issues pertaining to the finance and accounts functions of the Authority;
• Coordinate the development and implementation of sound financial management policies and procedures for the Authority;
• Coordinate the preparation of annual budget and forecasting of annual cash flow requirements;
• Enforce budget cost controls among the Authority’s directorates, departments and divisions by reviewing expenditure returns, prepare variance analysis and recommending corrective action;
• Advice the Board and management on financial and accounting matters;
• Ensure the application of Government accounting policies in all the financial operations of the Authority;
• Plan and coordinate timely preparation of annual work plans and budget estimates;
• Coordinate the development and management of internal controls and compliance systems;
• Ensure the Authority maintains records of all its financial transactions;
• Coordinate preparation of the Annual Financial Report in accordance with accounting standards and procedures;
• Coordinate the preparation of the final annual statement of accounts in accordance with accounting standards, procedures and submission to the Board and other relevant institutions;
• Undertake review of management accounting reports before submission to senior management and the Board;
• Develop and maintain complete and accurate records of the Authority’s financial transactions by regularly reviewing the financial and accounting systems;
• Monitor and evaluate the utilization of Authority funds with a view to accounting for all expenditures;
• Ensure compliance with applicable financial statutory obligations and circulars;
• Account for revenues generated from Appropriations In Aid (AIA) by the Authority;
• Coordinate the consolidation of the Authority’s printed budget estimates and revised budget as per guidelines issued by National Treasury;
• Develop and manage internal controls and compliance for the utilization of the Authority’s financial resources;
• Coordinate the Authority’s Public Private Partnership program strategies;
• Forecast annual cash flow requirements of Authority;
• Participate in stakeholder’s management to ensure sustainable partnership;
• Assesses Authority’s financial risks and develops strategies for mitigation;
• Ensure timely disbursement and payments for goods and services as per contract terms;
• Schedule all payment within the Authority’s budgetary provisions;
• Review expenditure returns from departments, prepares variance analysis and recommends corrective action;
• Analyse and interpret financial reports and other accounting records;
• Maintain accurate and complete financial records of the Authority’s expenditures by regularly reviewing the financial and accounting systems;
• Approve training projections for the department’s staff;
• Develops and installs effective financial management systems and procedures;
• Maintain efficient financial reporting and accounting.
• Implement accounting policies and procedures;
• Prepare variance financial accounts analysis and recommends corrective action; and
• Mentor, coach and counsel staff working under the department.

Requirements for Appointment

For appointment to this grade, an officer must have:

• At least ten (10) years relevant working experience, four (4) of which must have been at a management level;
• Master’s Degree in any of the following: Accounting, Business Administration, Finance or their equivalent qualification from a recognized Institution;
• Bachelor’s Degree  in  Commerce,  Business  Administration, Business Management (Finance or Accounting option) or other relevant and equivalent qualifications from a recognized institution.
• Certified Public Accountant (CPA K) or Associate of Certified Chartered Accountant (ACCA); and
• Membership and in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body.
• Leadership course lasting not less than Four (4) weeks from a recognised institution.
• Management course lasting not less than four (4) weeks from a recognized institution;
• Registered with an accredited and recognized professional body;
• Proficiency in computer skills;
• Fulfil the requirements of Chapter Six of the Constitution

Functional Skills, Behavioral Competencies/Attributes

• Leadership skills
• Problem-solving skills
• Analytical skills
• Negotiation skills
• Ability to mobilize resources
• Communication skills

Interested Candidates

•  Application Letter;
• Copies of academic certificates and testimonials;
• A copy of the National Identity Card or Valid Passport;
• Updated Curriculum Vitae (CV) detailing current position, qualifications, working experience, current and expected salary, a working email and Daytime telephone number;
• Indicate the Position applied for on the Envelope.

OTHER KEY REQUIREMENTS

• Kenya Revenue Authority (Tax Compliance Certificate); 
• Higher Education Loans Board (HELB Clearance Certificate);
• Criminal Investigations Department (Certificate of Good Conduct);
•  An approved Credit Reference Bureau (CRB Report);
•  Ethics and Anticorruption Commission (Dully filled and completed first schedule (s.13) and self-declaration form stamped by the EACC.