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  • Posted: Mar 24, 2021
    Deadline: Apr 13, 2021
  • Maasai Mara University is a public university which is the only university in Narok County, Kenya. The university provides high-class quality education for all.
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    Finance Officer

    Salary Grade 15
    Basic Salary: Ksh.170,715/=
    Salary Progression: Kshs.170,681 x 5483 – 181,649 x 5486 – 192,623 x 5490 – 203,605 x 9044 – 221,700 x 9,059 – 239,826 x 9,072 – 248,898 p.a.
    House Allowance: Ksh.73,715/


    For appointment to this position the applicant must:

    • Be a holder of a Master’s Degree in Finance or related degree from a recognized University;
    • Be a holder of Professional qualification in CPA(K), ACCA and/or ACA
    • Be registered with ICPAK or an equivalent Accounting body
    • Have at least eight (8) years relevant work experience and must have served for at least three (3) years as Deputy Finance Officer/Chief Accountant or equivalent
    • Must have practical knowledge in ICT and good understanding of ERP and other MIS
    •  Have entrepreneurial and innovative approach to business and business solutions
    • Have highly developed interpersonal and communication skills
    • Demonstrated merit and ability as reflected in work performance and results
    • Has shown unquestionable integrity
    • Possession of a PhD Degree in a relevant field will be an added advantage.
    • Meet requirements of Chapter six of the Constitution.

    Duties and Responsibilities

    • Responsible for review, planning, coordination, design and implementation of accounting services and systems
    • Responsible for effective coordination and implementation of all financial policies
    • Responsible for the compliance and adherence to International Financial Reporting Standards(IFRS)
    • Advise University Management/Council on all financial matters
    • Liaise with Government and other agencies on all University financial matters
    • Responsible for preparation and submission of end of year financial statements and accounts to University Council and Kenya National Audit
    • Ensure the maintenance of effective accounting systems in the University in line the Generally Acceptable Accounting Principles (GAAP)
    • Formulation and implementation of departmental strategic plan
    • Ensure compliance with all relevant laws of financial matters
    • Responsible for submission of the University budget to University Council and Government
    • Responsible for development and implementation of Departmental Strategic Plan
    • Supervision and development of staff in the department.
    • Timely and accurate preparation of annual reports and financial statements and quarterly management reports in compliance with International Public Sector Accounting Standards, Public Finance Management Act 2012, Public Finance Management Regulations 2015, other relevant circulars and generally accepted Accounting Principles.
    • Annually, prepare the University-wide annual estimates of revenue and expenditure in compliance with Public Finance Management 2012.
    • Advice ways of raising additional internal and external revenue for the University and ensure such revenue is timely recognized in the books of accounts.
    • Co-ordinate both internal and external audit exercises by ensuring timely and correct availability of audit schedules.
    • Drive strict implementation of students’ fees payment policy so as to ensure that all fees due is collected and correctly captured in a timely manner.
    • Ensure integration of bank accounts with the ERP system.
    • Carry out efficient Treasury Management of the University by ensuring real time update of the cash book, sufficient funds in bank before payment process, daily
    • banking of all receipts and placements in short term deposits of any excess funds.
    • Ensure tax compliance and all statutory deductions and other payroll deductions are remitted in a timely manner to minimize exposure of the University.
    • Check the University payroll especially staff in payroll against head count, earnings in line with specific grades, allowances paid having been duly authorized, deductions to be properly supported and in compliance with applicable laws, circulars and
    • regulations.
    • • Perform any other duties as may be assigned from time to time.

    Method of Application

    Application Guidelines and Statutory requirements for applicants for the positions Applications in ten (10) copies, should be submitted together with a detailed  urriculum vitae detailing academic qualifications, professional experience, leadership and management roles, publications/awards/scholarships/funding, membership of professional associations, linkages and community service; copies of relevant certificates, email address and telephone contacts.

    Applicant must obtain clearance from Higher Education Loans Board, Ethics and Anti-Corruption Commission, Kenya Revenue Authority, certificate of Good Conduct and Credit Reference Bureau Certificate.

    Applicants are required to give names, addresses and contacts of three (3) referees and should indicate on the envelope the Reference number and the position applied.
    Applications for the position of Finance Officer and Deputy Finance Officer should reach the Chairman of Council on the address indicated below on or before 5:00pm on Tuesday, 13th April, 2021.

    The Chairman of Council,
    Maasai Mara University P.
    O. Box 861-20500

    Applications for the position of Medical Officer should reach the Deputy Vice- Chancellor, Administration, Planning and Finance on the address indicated below on or before 5:00pm on Tuesday, 13th April, 2021.
    Deputy Vice- Chancellor Administration, Finance & Planning,
    Maasai Mara University P.
    O. Box 861-20500

    Maasai Mara University is an equal opportunity employer.

    Canvassing will automatically lead to disqualification.

    Maasai Mara University is ISO 9001:2015 Certified Institution

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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Average Salary at Maasai Mara University
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