Deputy Finance Officer at Jaramogi Oginga Odinga University of Science and Technology

JOB DETAILS:

• GRADE 14 REF: JOOUST/FIN/DFO/5/22

Job Responsibilities and Roles

• The Deputy Finance Officer shall Deputize the Chief Finance Officer on administrative responsibilities and coordinate the preparation of comprehensive financial statements, monitor the budget and the department operations to ensure compliance with the accounting standards and the relevant regulatory framework. Specifically, The Deputy Finance Officer shall be responsible for the following:
• Develop annual budgets for the institution to assist the university management team in proper management of resources.
• Allocate duties to the finance staff and supervise them to ensure quality service delivery to the students, staff and other authorized guests who may require finance services.
• Mentor and supervise staff in the department to ensure quality service delivery in the department.
• Provide management advice on the final financial statements before being submitted to the auditors for examination on their status in regard to true and fair representation of the university.
• Provide advice to the institution on financial matters for example financial status, source of funds, donors and how to allocate funds to various projects that that are viable to the university.
• Control the financial resources Ensure compliance with the statutory requirement by meeting all financial obligations for example timely payment of tasks, to KRA filling returns and other statutory deductions.
• Ensure the comprehensive finance statements are periodically prepared as per the required financial reporting standards.
• Organize staff training and development programs to ensure continuous development of staff for better services in the department.
• Monitor the university expenditure to ensure university budgetary control is strictly adhered to for proper utilization of the university resources.
• Prepare management and statutory reports and publications of the same for submission to public.
• Supervise monthly payroll management to ensure timely payment of salaries and wages to all employees and casual workers in the university.to ensure optimal utilization of financial resources through proper allocation of funds to various departments in the institution.
• Work with the Chief finance officer in consolidation of the budget for the entire university compliance with the financial standards and regulatory framework b) Participate in preparation of comprehensive financial statements for publication and presentation to the relevant regulatory bodies to show the status of the university.

Minimum Qualifications and Experience

• Master degree in Finance or Accounting or its equivalent
• Bachelor’s degree in accounting or equivalent
• CPA (K)or ACCA(UK) or CIMA(UK) or equivalent
• At least twelve (12) years relevant experience in financial management.
• Three (3) years’ experience at the level of Senior Accountant Grade 13 in a public university or equivalent Institution
• Must possess working knowledge of computerized financial management systems e.g., ACCPAC, Sage, Pastel, Great Plains Microsoft Dynamics
• Must be a member of an accounting professional body recognized by the prevailing Accountants Act of at least three (3) years in good standing since registration.
• Knowledge and practical experience in use of ERP System desirable