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  • Posted: Feb 8, 2023
    Deadline: Feb 21, 2023
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    The Universities Fund was established under section 53 of the Universities Act, 2012 for financing Universities in Kenya. The Fund is managed by a Board of Trustees known as the Universities Funding Board (UFB) which has been in operation since 2016. The function of the Trustees is to generally manage the Universities Fund. The specific functions of the Trus...
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    Finance Officer

    Problem Solving

    • The job holder will be required to solve the following type of problems:
    • Complex and open-ended problems in the Finance Department.
    • Problems are broad and complex, influenced by finance policy and regulations. 
    • Solutions will often be arrived at through consultation of the National Treasury and the Ministry of Education.
    • Strategic issues affecting the financial viability of the department. 
    • Problems are highly complex, requiring significant research and creative thinking. Consultations will be requiredCommunication

    The job holder will need to understand the following information to discharge his/her mandate:

    • Detailed verbal instructions or written requests from various departments on the implementation of the budget;
    • Writing Universities Fund internal policy documents on finance;
    • Financial reports of in-depth technical reports, proposals or project briefs affecting the Universities Fund.
    • Complex commissioned reports, proposals or project briefs affecting the financial viability of the Fund.

    Decision Making / Job Influence

    • Participates in the making of strategic decisions that influence the financial management of the Fund;
    • Participates in the making of operational decisions that direct day to day operations, scale and quality of services offered by the division

    Professional Qualifications / Membership to professional bodies

    • Certified Public Accountant (CPpart 1, Certified Financial Analyst (CFPart 1 or Association of Chartered Certified Accountants (ACCPart 1 is desirable
    • Previous relevant work experience required.
    • At least 4 years’ experience in a finance/accounting role.

    Method of Application

    Please note that the following Clearances will ONLY be required from successful candidates on offer of job and not at application stage;

    • Clearance from Directorate of Criminal Investigations (Good ConductCertificate);
    • Clearance from Ethics and Anti-corruption Commission;
    • Clearance from Kenya Revenue Authority (Tax ComplianceCertificate);
    • Clearance from Higher Educations Loans Board (HELB);

    Interested candidates are hereby called upon to apply in confidence to the address below via Post 
    Office or Hand delivery or via the email (recruitment@ufb.go.ke) latest 21st February 2023 at 5.00 PM East African time (EAT). Enclosing cover letter, CV with full details of education background,
    professional qualifications and relevant experience together with copies of testimonials, academic certificates and National Identity card.

    CHIEF EXECUTIVE OFFICER 
    UNIVERSITIES FUND
    ST FLOOR NACOSTI BUILDING 
    OFF WAIYAKI WAY
    PO. BOX 28237 – 00100 
    NAIROBI

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