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

 NKPCU/HRM/10/2024

• Terms of Service: Five (5) Years Contract
• (Renewable subject to performance and retirement age)
• Salary Scale: Kshs.237,137(Minimum) – Kshs. 363,887(maximum)
• Other remunerations: Based on prevailing Government guidelines
• Reporting to Managing Director

Duties and Responsibilities:

• Provision of effective management of public finances and use of funds by ensuring operations are carried out within the existing financial management legal frameworks;
• Advising management on all matters relating to finance and accounting;
• Developing budget formulation reports;
• Monitoring of accounts payables and receivables;
• Cash flow management;
• Designing monitoring and supervising the implementation of internal controls to safeguard the property and assets of the Company;
• Ensuring compliance with all statutory obligations;
• Developing long-term operating budgets and establishing proper monitoring and control systems and procedures;
• Coordinating and preparing financial related proposals, reports and other submissions for consideration by the Management and Managing Director;
• Develop and install sound accounting and financial management procedures aimed at improving financial performance and effective control and custody of the Company’s assets;
• Provide professional leadership in the development and implementation of financial plans and budgets in-order to ensure efficient and cost-effective provision of services;
• Coordinating implementation of audit recommendations;
• Monitoring and review of programme implementation and taking corrective measures;
• Systematic scheduling of expenditures to be consistent with the work plan;
• Interpretation and implementation of financial regulations and procedures;
• Ensuring compliance with the requirements for preparation and submission of management and financial reports;
• Authorize Payments and identify suitable officer to process online payments;
• Overall responsibility for managing risks associated with the Finance and Accounting function and advise on mitigation measures;
• Representing the Secretariat in matters relating to Finance and Accounts through stakeholders’ engagements and forums;
• 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;
• Signing farmers payment advice and statement of accounts; and
• Ensuring timely disbursement and recovery of CCARF.

Requirements:

• At least fifteen (15) years’ work experience five (5) years of which should been at a management level;
• Bachelors degree in any of the following disciplines: - Commerce (Accounting or Finance option), Economics, Business Administration (Accounting or Finance option) or any other equivalent qualification from a recognized institution;
• Masters degree in any of the following disciplines: - Finance, Accounting, Business Administration, Economics, 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 note 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.