Deputy Director Finance at Kenya Deposit Insurance Corporation

Duties and responsibilities will entail:

• Development and implementation financial and accounting policies in the department.
• Coordinating the planning and control of institution’s financial resources through formulation of expenditure and revenues estimates.
• Coordinate the formulation, implementation, monitoring and review of the institutional annual budget.
• Coordinating the management of records and reporting of financial operations of the institution, devolved units and diaspora operations.
• Coordinating the implementation of enterprise risk and information security management framework.
• Directing the establishment and implementation of financial reporting systems.
• Spearheading formulation of policies and strategies on financial management, internal controls, treasury management.
• Coordinating the preparation of the corporate annual budget.
• Coordinating the implementation of financial plans for the Institution.
• Overseeing the accounting for departmental assets.
• Coordinating the internal and external audits.
• Coordinating the development of performance management system in the Department.
• Coordinating, execution and evaluation of the annual departmental work plans and budgets.
• Coordinating the Implementation of sound financial management practices.
• Coordinating collaborations and partnerships with financial institutions for management of institutions funds and sponsorship.
• Providing professional advice on all Financial Strategic Planning issues and supporting strategic initiatives.
• Directing treasury Management function as guided by The National Treasury.
• Coordinating the development of the department’s Quality Management Systems (QMS).
• Coordinating implementation of departmental financial/cost management framework.
• Coordinating the implementation of financial and tax management strategies.
• Directing compliance with applicable financial statutory obligation and circulars.
• Coordinating investment of funds.
• Coordinating the processing of all financial transactions.
• Coordinating the management of Accounts receivable & payables and monitoring the overall financial performance.
• Coordinating Management function as guided by investment policy.
• Coordinating financial operations for optimal working capital, liquidity and effective asset management.
• Coordinating timely and accurate bank reconciliations for all the institutions bank accounts.
• Coordinating compliance with tax and other statutory regulations.
• Coordinating the submission of the Annual Report & Financial statements to the Auditor General for audit.
• Providing leadership on all matters pertaining to prudent financial management and financial matters.
• Maintaining liaison with relevant Government departments for consultation on financial matters.
• Participating in the KDIC strategic planning process.

Requirements for Appointment:

• A minimum period of ten (10) years in relevant work experience and at least five (5) years in a management position.
• Master’s degree in Finance, Accounts, Economics, Business Administration or any other related qualifications is an added advantage.
• Bachelor’s degree in Finance, Accounts, Economics, Business Administration or any other related field.
• Leadership course from a recognized institution is an added advantage.
• Certified Public Accountant of Kenya (CPA K) or its equivalent.
• Membership of the Institute of Certified Public Accountants [ICPAK] or its equivalent and in good standing.
• Proficiency in Computer applications.
• Fulfil the requirements of Chapter 6 of the Constitution of Kenya 2010.