Deputy Director Finance and Accounts at New Kenya Planters Co-operative Union Plc

NKPCU/HRM/11/2024

• Terms of Service: Five (5) Years Contract
• (Renewable subject to performance and retirement age)
• Basic Salary: Kshs. 225,562 (Minimum) – Kshs.330,270 (maximum)
• Reporting to Director Finance and Accounts

Duties and Responsibilities:

• Developing efficient financial management system in accordance with the Public Finance Management Act 2012 and Attendant Regulations 2015, international accounting standards, and best management practices;
• Monitoring and review of programme implementation and taking corrective measures;
• Initiating policy changes with regard to overall expenditure pattern with the Company;
• Systematic scheduling of expenditures to be consistent with the work plan;
• Advising the accounting Officer on financial management;
• Interpretation and implementation of financial regulations and procedures;
• Providing professional advice to management on financial planning, budgeting, cash flow, and investment;
• Ensuring compliance with the requirements for preparation and submission of management and statutory reports;
• Authorizing Payments and identifying suitable officers to process online payments;
• Ensuring effective and timely financial management on all matters of the Company and reporting in accordance with the laid down guidelines;
• Overseeing development and installation of effective financial management systems and procedures to improve financial reporting and accounting;
• Providing advice on strategic financing, investing, and expenditure decisions in the medium and long term;
• Ensuring internal controls are implemented and monitored for effectiveness;
• Managing risks associated with the Finance and Accounts functions;
• Delivering presentations regarding proposed budgets to the Board Finance Committee, Treasury Officials, and Donor Agencies to clarify financial estimates and gain support for projected budget needs;
• Reporting on farmers trading account performance;
• Preparing farmers payment advice and statement of accounts; and
• Ensuring timely disbursement and recovery of CCARF.

Requirements:

• A minimum period of twelve (12) years relevant work experience, five (5) years of which should be in a supervisory position;
• Bachelor's degree in any of the following disciplines: Commerce (Finance or Accounting Option), Business Administration (Finance or Accounting Option), Business Management (Finance or Accounting Option) or equivalent qualification from a recognized institution;
• Master's degree in any of the following disciplines: - Finance, Accounting, Business Administration, Commerce or its equivalent qualification from a recognized institution;
• Certified Public Accountant (CPA (K)) or equivalent and relevant qualification from a recognized institution;
• Member of the Institute of Certified Public Accountants of Kenya (ICPAK);
• Certificate in a Management Course lasting not less than four (4) weeks from a recognized institution;
• Proficiency in computer applications;
• Demonstrated professional competence in financial and accounting management; and
• Fulfilled the requirements of Chapter Six of the Constitution.