Manager Accounting Standards at Public Sector Accounting Standards Board (PSASB)

GRADE ASB 3. JOB REF: PSASB/02/2021

Terms of Service: Permanent and pensionable

Job Summary:

Reporting to the Director Accounting Standards, the Manager Accounting Standards will be responsible for:-

1. Supervise the development and review of accounting standards and financial reporting strategies, policies, and procedures.
2. Coordinate setting and implementation of generally accepted accounting and financial standards by all non-commercial and commercial public sector entities.
3. Coordinate the process of prescribing the minimum standards of maintenance of proper books of accounts for all levels of Government.
4. Coordinate development and implementation of Accounting Standards guidelines by noncommercial and commercial public sector entities
5. Coordinate the development and review of templates and formats for financial statements and reporting to enable state organs and public entities to comply with prescribed standards.
6. Provide input on gazettement and the effective dates of implementation of accounting standards, frameworks and guidelines.
7. Supervise and monitor implementation of the prescribed frameworks, accounting Standards, and guidelines by state organs and public entities and provide recommendations.
8. Conduct research and development activities related to accounting standards in the organization.
9. Provide technical guidance in implementing, monitoring and application of International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standards (IPSAS) by state organs and public sector entities.
10. Provide technical guidance in developing, implementing, and monitoring a roadmap towards Accrual Accounting for non-commercial public sector entities reporting under IPSAS Cash.
11. Draft responses to Exposure drafts (EDs) and make presentation on draft standards developed by the International Public Sector Accounting Standards Board (IPSASB) and International Accounting Standards Board (IASB)
12. Develop learning materials and facilitate training and capacity building of accounting standards in non-commercial and commercial public entities in compliance with the set frameworks, standards, & guidelines.
13. Supervise development and implementation of risk management strategies and business continuity plans in the Accounting Standards Directorate.
14. Co-ordinate public participation in the development of guidelines and manuals.
15. Coordinate the development of an online repository for accounting standards learning materials and publications.

Job Specifications

For appointment to this grade, an officer must have:

• Served in a Financial, Accounting, Banking or Audit Function in a reputable organization for a cumulative period of twelve (12) years;
• Bachelors Degree in any of the following disciplines:- Commerce (Accounting/Finance Option), Finance, Economics, Business Administration, Business Management or its equivalent qualification from a recognized institution
• Passed Part III of professional Exams such as CFA, CPA, ACA, ACCA, ACMA or equivalent membership to a relevant professional body;
• Masters degree in any of the following disciplines: - Commerce (Accounting/Finance Option), Finance, Economics, Business Administration, Business Management or its equivalent qualification from a recognized institution
• Be a member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other recognized professional body;
• Certificate in Strategic Leadership Development Programme lasting not less than six (6) weeks from a recognized institution
• Be of proven integrity, transparency and accountability.
• Certificate in computer application skills from a recognized competence in work performance and results
• Fulfilled the requirements of Chapter Six of the Constitution